OverView:
Memority is a blockchain based decentralized platform
that offers secure space for sensitive and valuable data by
incorporating blockchain technology. The platform makes sure the
uninterrupted availability of data copies which are encrypted by a
secured blockchain protocol and stored on various unrelated locations
all across the globe. The platform offers a high level of security to
sensitive data by implementing four core features including private key
encryption, forgery protection, accidental deletion safeguard, and
self-containment and independence. The platform also allows third-party
vendors to develop data storage application on the platform. The
platform uses low-cost mining technology that is equally beneficial as
compared to costly mining equipment.
![](https://telegra.ph/file/a3c59704c70efdd5c7fea.png)
Memority’s mission is to create a self-sufficient
ecosystem that includes many applications to meet the needs of
businesses, government organizations and individuals in the ultra-secure
storage of all kinds of valuable data.The platform includes a
collection of independent repositories from around the world, which are
based on computers of users who have provided a part of the memory of
their hard drives for file storage. To ensure a high degree of data
security, 10 copies are created for each of the stored files, integrity
and authenticity of which are constantly monitored. If the number of
file copies is insufficient or the copies have been forged, new copies
of the original file are automatically created for new hosters. The
processes for verifying availability, authenticity and recovery of files
are independent from the file owner and will work autonomously as long
as the files storage in the system is paid for.Data security is ensured
by encrypting the file when it is loaded into the system with a private
key, which is stored only by the data owner. Access to the content of
the data is
possible only with the help of this private key.
Memority Platform
Memority.io is the platform for a completely
decentralized, ultra-secure storage of valuable data on the blockchain,
which ensures the continued availability of several encrypted copies of
data on unrelated storage locations around the world.
The data is encrypted with your private key
No one except the owner can physically view the
contents of the files, because they are encrypted with a private key,
which is stored only by the data owner
Data is protected from accidental deletion
The system always stores multiple copies of data
(default is 10), the monitoring system will periodically check their
availability and creates new copies in other stores in case of
insufficient number of duplicates
Data is protected from forgery
Memority.io Unique data identifiers are stored in the
blockchain database, the system regularly searches for fakes and
restores the correct number of copies with genuine data if files have
been forged.
The system is completely self-contained and independent
Data storage, the process of files copies monitoring
and recovering, data encryption and validation for authenticity are
completely decentralized, there is no dependence on any centralized
systems.
How Does Memority Work?
As mentioned above, Momority is a blockchain based
decentralized data storage platform, we now would like to mention how it
works. In order to use the platform, people need to get registered with
it. Registration can be done online after accessing the official
website of the company. The company has explained each and everything
concerning its different services including how to lease out computer
memory, how you can store your files with the memority and how to buy
tokens using other cryptocurrencies. You just need to press the
instructions tab available next to whitepaper option on the official
website of the company.
Memority’s Features
- Storage decentralization
- Creation of several file copies in independent storages
- High payments to hosters for providing space for users’ files storage.
- Decentralized process of file copies checking and restoration.
- Storage protection from cluttering with useless data
- Anonymous cryptocurrency as means for storage payment.
- Interface for third-party app developers
Team Members
The ICO has following team members;
- Ilya Ratovsky is the CEO of the Company
- Stanislav Rubtsov is the CTO of the Company
- Alexander Pivtorak is the PR Manager at Memority
- Vladimir Marchinskiy is the Head of Legal Department at Memority
- Vitaliy Minyaylo is the Marketing Specialist at Memority
- Andrew Vityk is the Blockchain Developer at Memority
- Alexander Petrenko is also the Blockchain Developer at Memority
- Oleh Reshtak is the UX/UI Designer at Memority
- Alexandra Andriyishyna is the Java Developer at Memority
- Alexander Kalmykov is the QA Engineer at Memority
- Eugene Harkavenko is the Swift Developer at Memority
- Michael Dvornichenko is the Business Advisor at Memority
- Denys Saprykin is the Financial Advisor at Memority
- Dmitry Semiryazhko is the Advisor at Memority
- Alexander Shulga is the Business Development Advisor at Memority
- Eugene Kuznetsov is the Blockchain Advisor at Memority
- Alexey Kostenko is the Backend Developer at Memority
Token Sales Detail
The ICO plans to hold its tokens sale on May 31, 2018.
The ICO will last for about a month. It will end its token sale on June
30, 2018, or when the target funding is achieved. It could be either be
earlier or later than the specified date. The total token supply of the
ICO has not been disclosed by the ICO. The ICO will observe a soft
capping of 5,000,000 USD. The hard capping of the ICO is defined as
85,500,000 USD. The starting price of the ICO token is expected to be
0.1 USD.
![](https://telegra.ph/file/ea0a9282f051ad64cb75f.png)
For more information:
Website: https://memority.io/
Whitepaper: https://memority.io/docs/whitepaper_memority.pdf
Telegram: https://t.me/memority
Twitter: https://twitter.com/frvrty
Facebook: https://www.facebook.com/mmority/
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1289138
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