icochat
Tuesday, October 2, 2018
CLOUDBRIC: MAXIMUM SECURITY FOR PRIVATE ONLINE DATA
Cyber security is a very paramount issue of concern for many users of the online space. Increasingly, over the years the need for tamper proof security solutions by online users against cyber hackers and fraudsters is quite alarming.
These hackers of fraudsters have become so experienced in breaking security walls of various security solutions as a result of the inefficiencies and shortcoming of various security solutions provided by different platforms. Data, especially personal is required to be kept private out of the reach of third party manipulation as they can be detrimental to the image of such holder in the wrong hands while for businesses can lead to their eventual shutdown.
The internet has brought many advantages, as people can now buy and sell online, advertise and many more. As a result of the open flow of information on the internet it has made its users vulnerable to cyber hacking. Therefore, in a bid to curtail the menace of hacks and frauds to private data users have employed diverse security solutions available in the security market.
However, the solutions provided by most security channels are very difficult to manage because of too many complexities associated with their use thereby leaving users with the inability to embrace mainstream adoption of cybersecurity.
PROBLEMS ASSOCIATED WITH EXISTING SECURITY SOLUTIONS
The current solutions provided by the cybersecurity market have been faced with the following issues, which includes:
Over Saturation of Security Solutions: as a result of the increasing attempts by hackers and fraudsters on private online data many security solutions estimated to be more than 1,600 are currently offered by the cybersercurity market. This makes the selection of these numerous security solutions very complicated as users are faced with how to manage and adopt these numerous solutions. But the issue of cyberattacks still lingers because it is not in the number of security solutions but how efficient and tamper proof they are.
Uncertainty of Security Performance: the current organizational structure of the cybersecurity market makes it cumbersome for users to discern the effectiveness of the numerous vendor made solutions. The market is already oversaturated with excess security solutions provided by these vendors, the only option left for users to ascertain the effectiveness of these solutions is through direct testing. However to test these solutions require time and money which is expensive and is not a luxury small businesses and general end users can afford.
Centralized Threat Intelligence Data: this is another issue that has plagued the cybersecurity market. Most of the solutions provided by the cybersecurity markets in a bid to render services to businesses or individuals are able to collect vast amounts of cyber threat information based on behaviours and pattern of hackers, malicious IP addresses and so on. But these threat intelligence data gathered are not accessible for public use but is rather used by these security solutions for their personal gain, instead of using this information to develop better solutions. This translates to lack of transparency.
Introducing Cloudbric
Cloudbric is a cybersecurity solution that seeks to re-shape the organizational structure of the cybersecurity market thereby making information security accessible to all businesses and end-users through the adoption of a new Decentralized Universal Security Platform based on artificial intelligence and blockchain.
SOLUTIONS
Cloudbric using artificial intelligence and blockchain technology will provide a cybersecurity solution with the following solutions, which include:
Security Efficiency: Cloudbric will provide the best security solution for businesses and end users. Cloudbric will compile the multiple security solutions into just one solution that will be easily adopted and managed by users. It security solution will provide CDN speed optimization, intelligent malware protection, spam/phishing prevention and many more.
Data Transparency: information on intelligence threat data based on behavior and patterns, malicious IP address, spam and so on detected by Cloudbric’s security system will be made available to everyone through its decentralized security ecosystem.
Final Thought
Cloudbric provides maximum security for online private data through cyber threat intelligence gathered on patterns and behaviours of previous cyber attack attempts thereby creating the best security solution for private online data.
Website: https://www.cloudbric.io/?utm_source=bitcointalk&utm_medium=social&utm_campaign=bounty
Whitepaper: https://ico.cloudbric.io/upload/file/Cloudbric_Whitepaper_EN.pdf?utm_source=bitcointalk&utm_medium=social&utm_campaign=bounty
ANN THREAD: https://bitcointalk.org/index.php?topic=4376899.0
Telegram: https://t.me/cloudbric
Author: Sorento
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1910177
NORTONCHAIN: A NEXT GENERATION DISTRIBUTED LEDGER
Since the creation of the bitcoins blockchain which was set to decentralize the financial market, many other distributed ledgers such as the Ethereum blockchain and others have been made.
The blockchain was founded out of the need for the decentralization of the financial market and it has probably been more success than anyone hoped it would be today. Blockchain has gotten so much popularity and use cases to the extent that major cooperation’s and platforms such as IBM, MICROSOFT and others are now looking for means to adopt the tech and even build of their own.
However, with recent reports and findings, the existing blockchains have begun to suffer from certain challenges.
CHALLENGES FACING BLOCKCHAINS
Listed below are some of the challenges which have begun to inflict the industry:
NORTONCHAIN is a distributed ledger which have seen the problems which has plagued the existing blockchain and are here to provide a next generation solution to the challenges listed above, thereby resulting to a more efficient distributed ledger.
USE CASES OF NORTONCHAIN
The team behind this project is always active and will always be getting in touch with their users. This would enable users to be able to make suggestions directly to the developers or contact them for support issues. Personally, I think this NORTONCHAIN is a world class project and will benefit every industry and individuals which will be utilizing this technology.
WEBSITE
ANN THREAD
Author: Ubaka01
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2318597
The blockchain was founded out of the need for the decentralization of the financial market and it has probably been more success than anyone hoped it would be today. Blockchain has gotten so much popularity and use cases to the extent that major cooperation’s and platforms such as IBM, MICROSOFT and others are now looking for means to adopt the tech and even build of their own.
However, with recent reports and findings, the existing blockchains have begun to suffer from certain challenges.
CHALLENGES FACING BLOCKCHAINS
Listed below are some of the challenges which have begun to inflict the industry:
- Privacy: the need for financial privacy is very high which was one of the reasons the blockchain was invented in the first place, because the traditional banking system could not make provision for this lack of privacy. However, the blockchain was meant to fix this challenge but they have all been lagging behind on this same privacy inadequacy. Details such as sender, receiver, amount sent and more a made available on the chain.
- Slow transaction clearing: since confirmation on the blockchain is being done be a specific set of persons on the blockchain known as miners, confirmation of clearing therefore has begun to take more time due to the volume of transaction which is carried out every second. The process in which these miners use in confirming this transaction is archaic and thus the result is slow transaction clearing.
- No micro-transaction: it is known that micros transaction cannot be carried out on the blockchain and it isn’t because the transaction wouldn’t go through but because the fee charged for micro transactions are usually greater than the amount being sent, therefore it becomes illogical for users to make such transactions. The reason for high fees is simply because of the payment which is being rendered to miners who are responsible for confirming transactions. It is however expedient that a solution is made.
NORTONCHAIN is a distributed ledger which have seen the problems which has plagued the existing blockchain and are here to provide a next generation solution to the challenges listed above, thereby resulting to a more efficient distributed ledger.
- NORTONCHAIN will be eliminating the use of miners in its distributed ledger and employing the use of tangle technology, which will give individual users the ability for them to be able to carry out their own transaction confirmation, backed up by various nods to ensure that there is no conflict in the tangle. This will thereby enable users to carry out micro transaction of any size without having to worry about expensive fees and also eliminate the delays in the confirmation of transactions because users in a transaction get to confirm their own transaction.
- NORTONCHAIN will be making use of Tor technology to conceal personal data, such as IP-addresses and geo-locations in order to make room for a complete anonymous and private transaction, because although the blockchain might be transparent, not every user enjoys their transaction history being seen/monitored by all.
- The platform will possess its own explorer where all transaction will be recorded, and users get to choose either to make their ledger private or public, where user transactions are either made private or public. NORTONCHAIN will also be utilizing a wraith protocol which will give users the ability to switch at will, when to go private or stay public.
USE CASES OF NORTONCHAIN
- Crypto trading platform
- Gaming industry
- Music industry and many more
The team behind this project is always active and will always be getting in touch with their users. This would enable users to be able to make suggestions directly to the developers or contact them for support issues. Personally, I think this NORTONCHAIN is a world class project and will benefit every industry and individuals which will be utilizing this technology.
WEBSITE
ANN THREAD
Author: Ubaka01
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2318597
NORTONCHAIN: A NEXT GENERATION DISTRIBUTED LEDGER
Since the creation of the bitcoins blockchain which was set to decentralize the financial market, many other distributed ledgers such as the Ethereum blockchain and others have been made.
The blockchain was founded out of the need for the decentralization of the financial market and it has probably been more success than anyone hoped it would be today. Blockchain has gotten so much popularity and use cases to the extent that major cooperation’s and platforms such as IBM, MICROSOFT and others are now looking for means to adopt the tech and even build of their own.
However, with recent reports and findings, the existing blockchains have begun to suffer from certain challenges.
CHALLENGES FACING BLOCKCHAINS
Listed below are some of the challenges which have begun to inflict the industry:
NORTONCHAIN is a distributed ledger which have seen the problems which has plagued the existing blockchain and are here to provide a next generation solution to the challenges listed above, thereby resulting to a more efficient distributed ledger.
USE CASES OF NORTONCHAIN
The team behind this project is always active and will always be getting in touch with their users. This would enable users to be able to make suggestions directly to the developers or contact them for support issues. Personally, I think this NORTONCHAIN is a world class project and will benefit every industry and individuals which will be utilizing this technology.
WEBSITE
ANN THREAD
Author: Ubaka01
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2318597
The blockchain was founded out of the need for the decentralization of the financial market and it has probably been more success than anyone hoped it would be today. Blockchain has gotten so much popularity and use cases to the extent that major cooperation’s and platforms such as IBM, MICROSOFT and others are now looking for means to adopt the tech and even build of their own.
However, with recent reports and findings, the existing blockchains have begun to suffer from certain challenges.
CHALLENGES FACING BLOCKCHAINS
Listed below are some of the challenges which have begun to inflict the industry:
- Privacy: the need for financial privacy is very high which was one of the reasons the blockchain was invented in the first place, because the traditional banking system could not make provision for this lack of privacy. However, the blockchain was meant to fix this challenge but they have all been lagging behind on this same privacy inadequacy. Details such as sender, receiver, amount sent and more a made available on the chain.
- Slow transaction clearing: since confirmation on the blockchain is being done be a specific set of persons on the blockchain known as miners, confirmation of clearing therefore has begun to take more time due to the volume of transaction which is carried out every second. The process in which these miners use in confirming this transaction is archaic and thus the result is slow transaction clearing.
- No micro-transaction: it is known that micros transaction cannot be carried out on the blockchain and it isn’t because the transaction wouldn’t go through but because the fee charged for micro transactions are usually greater than the amount being sent, therefore it becomes illogical for users to make such transactions. The reason for high fees is simply because of the payment which is being rendered to miners who are responsible for confirming transactions. It is however expedient that a solution is made.
NORTONCHAIN is a distributed ledger which have seen the problems which has plagued the existing blockchain and are here to provide a next generation solution to the challenges listed above, thereby resulting to a more efficient distributed ledger.
- NORTONCHAIN will be eliminating the use of miners in its distributed ledger and employing the use of tangle technology, which will give individual users the ability for them to be able to carry out their own transaction confirmation, backed up by various nods to ensure that there is no conflict in the tangle. This will thereby enable users to carry out micro transaction of any size without having to worry about expensive fees and also eliminate the delays in the confirmation of transactions because users in a transaction get to confirm their own transaction.
- NORTONCHAIN will be making use of Tor technology to conceal personal data, such as IP-addresses and geo-locations in order to make room for a complete anonymous and private transaction, because although the blockchain might be transparent, not every user enjoys their transaction history being seen/monitored by all.
- The platform will possess its own explorer where all transaction will be recorded, and users get to choose either to make their ledger private or public, where user transactions are either made private or public. NORTONCHAIN will also be utilizing a wraith protocol which will give users the ability to switch at will, when to go private or stay public.
USE CASES OF NORTONCHAIN
- Crypto trading platform
- Gaming industry
- Music industry and many more
The team behind this project is always active and will always be getting in touch with their users. This would enable users to be able to make suggestions directly to the developers or contact them for support issues. Personally, I think this NORTONCHAIN is a world class project and will benefit every industry and individuals which will be utilizing this technology.
WEBSITE
ANN THREAD
Author: Ubaka01
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2318597
Thursday, September 20, 2018
CRYPTOSOUK; THE BEST TRADING PLATFORM
Individuals who trade online knows the frustration of losing money via trading platforms. Right from the breakthrough of blockchain technology, a lot seems to have change. With a secured means, people will be able to record data, store and make transactions which has been easier for some years. Professional traders, especially want to help people who don’t know how to trade cryptocurrency. People in the local region of the Middle East that speaks Arabic language will be able to participate because they will be taught by professionals how to trade by speaking their language and teaching them how to use this platform. Also it will be a great source where you can trade cryptocurrency exchange. Having partner with great expert, the issue of lack of inconsistency in trading cryptocurrency exchange will be solved. The main focus of this platform also is to promote coin offering which will help customer in exchange.
THE PLATFORM
How do you think all this can be possible? I present to you the cryptocurrency trading platform CRYPTOSOUK a centralized cryptocurrency exchange platform that offers trading in different platforms like Ethereum, Bitcoin, Ripple, Zcash, Litecoin and monero coins. This coins will be promoted offering new customers a well-designed exchange schemes. Cryptosouk allows account loading option, fiat payment and funding option. This platform has unique features. Crypyosouk is a user friendly platform, trading cryptocurrency surely has been made easy. It has been made convenient for people in the Middle East who find it difficult to trade. Thereby, enhancing better trading view which will make people understand better what the platform is all about.
ADVANTAGES OF CRYPTOSOUK
· Cryptosouk exchange has the ability to transfer fiat currency to Riyals, Dirhams, Dinars and Dollars, so traders do not need to worry about transfers.
· Its platform (cryptosouk) has unique and relevant documentation which will help the trader have a better view.
· Cryptosouk has provided a classy, profitable and efficient way of trading cryptocurrency exchange.
TECHNOLOGY THAT INSIGHT
Been the latest cryptocurrency exchange platform, a lot of premium features has been added and more to stuck on. Having top security, simplicity, friendlier user view and reliability. Cryptosouk is just outstanding. Talking about feature, a nice design that will blow your mind. Fast transactions, wallet, advanced access to APIs which provide liquidity to others and more.
SOUK TOKEN
Cryptosouk has a token called souk token. Souk token is one way method to payment. The company is offering discount for people who use the platform. However token is available to individuals in most countries. The company has made it clear that citizens are not allowed to use souk token in these countries. Namely USA, CHINA, IRAN, and VIETNAM. Also, any resident of a country in which sanction are in force or embargoes (Americans) are not also allowed to participate in souk token.
CONCLUSION
In conclusion, I would say cryptosouk is the best. It’s reliable, efficient the best cryptocurrency platform. Individual in the Middle East do not have to worry anymore because the solution is right here. Why not join this platform today via its ICO. Get more information from the links below:
Writer: kelvinkent
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2313436
Wednesday, September 5, 2018
BITBOSE; THE DECENTRALIZED BANKING PLATFORM
The traditional banking system today has been inefficient and has been engulfed with greed. With the emergence of the blockchain ways to decentralize the financial market have risen.
AN OVERVIEW
The cryptocurrency industry has grown quite enormously since its inception but it still happens to be in its early stages because it has not gained mainstream adoption, the world still prefers the traditional fiat means of banking because it appears to provide people with ease and it seems easier to transact with when in reality it is not, the traditional banking system have been laced with greed and corruption, as all customers are being ridiculously charged while trying to secure loans or while simply making transaction, not to mention the fact that customer funds are what these banks give out as loans while charging high rate for borrowers and very little interest for the customers whose money they have used.
Having a decentralized banking system is the route we must take, by fully taking away power from this centralized and greedy banking system which has no care for its customers and which have made a means by which the poor get poorer while the wealthy get richer, BITBOSE bank is on the verge of taking hold of the centralized banking system and shifting it into a decentralized platform.
BITBOSE is a blockchain based platform in which one of its purposes is decentralizing the banking industry by providing an adequate and more profound banking system built on the blockchain technology.
CHALLENGES WITH TRADITIONAL BANKING SYSTEM
The following are problems associated with today’s traditional banking system:
By decentralizing the banking system, power is taken from the hands of individuals and given to the masses, Bitbose is registered with the UK and adheres to all its financial laws and regulations.
With BITBOSE bank being on the blockchain, it provides a transparent banking system which isn’t controlled by any specific individual and accessible to all audit personnel to allow quick and reliable audibility.
Bitbose lending rates in its platform will be determined by an open market principle which will be achieved by incorporating a universal consensus mechanism determined by various individuals and not by one exalted individual, after the democratic means of decision people are meant to trust the trust-less banking more than the centralized banking of today.
Bitbose bank will be using an ERC20 Token as its central currency which will drive all forms of financial transaction that will be conducted on the platform. When a contributor or individual buys the Bitbose Token, he/she is a becomes a member of the Bitbose bank automatically, the bank will be responsible for giving out loans to eligible candidate and in place of the human who carries out assessment before loans are given out in traditional banks, Bitbose will be using an AI which constantly learns and improve as the loan officer and after assessment loans are given to qualified individuals while qualified industry are meant to give a piece of property as collateral before loan is released to them.
Other features of the Bitbose umbrella will include:
Decentralizing the banking system will be a lot of benefit to everyone and individuals and industries stand a lot to gain from being a part of BITBOSE and this why I see this platform succeeding beyond human imagination. You can be part of this platform via joining its ICO which presently ongoing. You can get lots of information about this project from the links below:
Bitbose website: https://www.bitbose.com/
Whitepaper ANN Thread
Writer: kelvinkent
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2313436
AN OVERVIEW
The cryptocurrency industry has grown quite enormously since its inception but it still happens to be in its early stages because it has not gained mainstream adoption, the world still prefers the traditional fiat means of banking because it appears to provide people with ease and it seems easier to transact with when in reality it is not, the traditional banking system have been laced with greed and corruption, as all customers are being ridiculously charged while trying to secure loans or while simply making transaction, not to mention the fact that customer funds are what these banks give out as loans while charging high rate for borrowers and very little interest for the customers whose money they have used.
Having a decentralized banking system is the route we must take, by fully taking away power from this centralized and greedy banking system which has no care for its customers and which have made a means by which the poor get poorer while the wealthy get richer, BITBOSE bank is on the verge of taking hold of the centralized banking system and shifting it into a decentralized platform.
BITBOSE is a blockchain based platform in which one of its purposes is decentralizing the banking industry by providing an adequate and more profound banking system built on the blockchain technology.
CHALLENGES WITH TRADITIONAL BANKING SYSTEM
The following are problems associated with today’s traditional banking system:
- High loan interest rate: collecting loan from a traditional bank isn’t an easy job, and if you eventually do you are given a high rate of interest not to mention the fact that these banks do not give out loans without collateral.
- Low customer interest rate: banks are known to give loans to individuals and companies using other customer funds, and while the interest rate of loan seekers increases, the interest paid to those in which their funds are being borrowed out does not.
- Volatility: banks are trusted to keep customer funds safe, while the banks invest customer deposits through loans and safe assets but sometimes banks have been known to lose their funds in this process.
By decentralizing the banking system, power is taken from the hands of individuals and given to the masses, Bitbose is registered with the UK and adheres to all its financial laws and regulations.
With BITBOSE bank being on the blockchain, it provides a transparent banking system which isn’t controlled by any specific individual and accessible to all audit personnel to allow quick and reliable audibility.
Bitbose lending rates in its platform will be determined by an open market principle which will be achieved by incorporating a universal consensus mechanism determined by various individuals and not by one exalted individual, after the democratic means of decision people are meant to trust the trust-less banking more than the centralized banking of today.
Bitbose bank will be using an ERC20 Token as its central currency which will drive all forms of financial transaction that will be conducted on the platform. When a contributor or individual buys the Bitbose Token, he/she is a becomes a member of the Bitbose bank automatically, the bank will be responsible for giving out loans to eligible candidate and in place of the human who carries out assessment before loans are given out in traditional banks, Bitbose will be using an AI which constantly learns and improve as the loan officer and after assessment loans are given to qualified individuals while qualified industry are meant to give a piece of property as collateral before loan is released to them.
Other features of the Bitbose umbrella will include:
- Bitbose exchange and
- Bitbose smart portfolio
Decentralizing the banking system will be a lot of benefit to everyone and individuals and industries stand a lot to gain from being a part of BITBOSE and this why I see this platform succeeding beyond human imagination. You can be part of this platform via joining its ICO which presently ongoing. You can get lots of information about this project from the links below:
Bitbose website: https://www.bitbose.com/
Whitepaper ANN Thread
Writer: kelvinkent
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2313436
Friday, August 31, 2018
ATOMIC SWAPS WALLET; THE FUTURE OF CRYPTO ASSET WALLETS
The blockchain industry holds the future of financial transactions and market, however, we are not there yet because this sophisticated industry has not yet attained mainstream adoption, but it will in the coming future and the crypto exchange have a great part to play in the realization of that future.
AN OVERVIEW
Imagining a crypto world without crypto exchange, is like having a car without fuel, as you won’t be able to move around regardless of the fact that you have a car.
The blockchain is growing rapidly since its inception and with every passing day new problems arise which require innovative minds to fix, a lot of crypto exchanges which started way before now are no more and even some of their owners are in jail for accounts of fraud.
Blockchain is gradually driving towards mainstream adoption, and to do so the exchange platforms needs to be ready to handle the figures that will be coming in.
There have been quite a few challenges with crypto exchanges and today, I am here with the solution, the ATOMIC SWAP WALLET.
ATOMIC SWAP WALLET is peer-peer exchange which will be integrating a next-generation wallet to its peer-peer exchange features to bring about an adequate next-generation exchange.
PROBLEMS ASSOCIATED WITH EXISTING EXCHANGES
Below are a few problems with existing exchanges.
Lack of transparency: the blockchain is built on the foundation that provides the most transparent means of transactions, but some exchanges go against that very foundation by making use of falsified market data.
Lack of enough coin exchange option: according to coin cap, we currently have over 1500 coins in the market but the sad part, very few of these coins can be found in the exchanges because today's exchanges only trade coins with a good value
Lack of security: the blockchain has the most secure tools for adequate security, but it’s been let down by exchanges such as coin dash, bitpay, Mt.Gox and many more which were not secured enough and were hacked; they actually fell for the hackers because of how porous their platform was.
THE ATOMIC EXCHANGE SOLUTION
Atomic will have its own sophisticated and secure wallet which will have the capacity to house over 300 different types of coin, unlike other wallets, and same goes for the exchange.ATOMIC Wallet will have the following capacities:
Receive crypto assets
Import assets using private keys of various integrity
Safe storage of the private key
Sending of assets
Select crypto node for use
Select crypto explorer
The wallet functionality will be built on the simplified payment verification (SPV) technology, which will eliminate prolonged blockchain synchronization and at the same time preserve the security of the full node wallet
The ATOMIC exchange will be making use of an immutable and decentralized solution which is created to transmit information about the exchange orders among the Atomic wallet users, and this done by an Atomic DOB.
With this DOB, all created orders on the exchange will pass through the client’s wallet for verification by all the wallet clients available and the following are what is evaluated by clients.
Data consistency
Order legitimacy
Blacklist screening
The DOB will also function as an anti-spam and help fight against fraud, while an Atomic swap will be used during a peer-to-peer transaction, functioning as a third party with the use of a contract by both parties which ensures both parties get their desired trading result.
The Atomic UI will also be a thing unlike we have ever seen before and it will be facilitating ease in navigation.
IN CONCLUSION
Atomic will have its own token called AWC (atomic wallet coin) which is going to be an ERC20 Token, and their ICO will be processed using an Ethereum smart contract. This project is the first of its kind and its worth partnering with; join the ICO today and be a part of this innovation in the cryptocurrency industry. The links below will help you with lots of information about the project and its ICO:
WEBSITE |
ANN |
WHITE PAPER |
TOKEN | TWITTER|
TELEGRAM
| REDDIT |
GITHUB |
MEDIUM
Author: mordic
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=2318611
Thursday, August 30, 2018
**GET REWARDED AS A DATA STORAGE APP DEVELOPER VIA THE MEMORITY PLATFORM**
Data storage involves storing data in a safe and secure place so as to prevent against loss of data.
Data storage app developers are experts that are charged with the responsibility of creating applications for storing data to be used on mobile phones and desktops.
OVERVIEW
The need for data storage apps arose as a result the acquisition of more and more information by individuals and businesses in their day to day life. As memorable activities, cargo logistics and many more are accumulated overtime there is a need to create storage apps that can effective store data.
This need have not been fully met because most platforms available for data storage make use the traditional centralized cloud storage system which stores data in one specific place.
This has posed a major problem for innovation as developers under these platforms are not incentivized to create applications that will enhance on the centralized medium for storing data.
For example, a data storage platform like Google has just one storage app which is Google drive which is majorly centralized and has been that way for some time because a third party application has not been created and this does not give room for innovations.This has led to the creation of a platform that incentivizes app developers to create more sophisticated applications for storing data which is the Memority platform. Memority is a decentralized and encrypted cloud storage platform that incentivizes third party developers to create more innovative applications for data storage through blockchain technology.
PROBLEMS FACED BY DEVELOPERS UNDER EXISTING DATA STORAGE PLAFORMS
Overtime, developers under the existing data storage platforms were saddled with the following problem, some of which include:
- Existing data storage platforms like Google drive for example did not provide motivation for developers to create new applications that will effectively store data and protect against loss which made interest in the platform to diminish as a result of the risks of data loss associated with the platform.
- They did not have an interface for the creation of storage applications by third party developers, the storage platforms in existence did not have the ability to create third party applications for storing specific types of information. This is because not every type of information can be stored on a centralized server due to its confidentiality
- Developers under these platforms do not additional receive resources to promote their own applications on the platform.
The Memority platform has just the solution to these problems by utilizing its strategies, some of which include:
- Memority aims to create an independent ecosystem that will include many applications to service data storage needs of individual, businesses and government with a secured data storage medium for all kinds of confidential data.
- The Memority API enables third party developers to create decentralized encrypted applications for storing data to be installed on phones and desktop or used online for various types of data.
- Developers will be incentivized with MMR token for creating apps on the platform and will also be able to use the tools provided by the platform to create their own applications.
The Memority platform aims to provide decentralized and encrypted sophisticated applications for the secured storing data of any type based on blockchain technology.
Memority provides tools for development of third party applications while rewarding developers in the process which gives them an edge over other existing platforms.
Partnering with the MEMORITY project will definitely be one of the best decisions you will be making this year. Join the ICO which is presently ongoing before it ends. Check the links below for more information:
WEBSITE ANN TOPIC WHITEPAPER TELEGRAM CHAT
Writer: Sorento
Bitcointalk profile Url: https://bitcointalk.org/index.php?action=profile;u=1910177
Subscribe to:
Posts (Atom)