MEMORITY - Data Storage Revolution in Blockchain

Hello friends! In this opportunity, I will share information about a new and fantastic project called " Memority " is a blockchain based platform for highly decentralized and highly secure data storage that guarantees the continuous availability of multiple copies of data encrypted in independent storage in all the world. Unlike other data storage platforms, Memority encrypts user data with a private key and is protected against accidental deletion. By using a unique identifier, the data is protected against forgery and because it is completely decentralized, only users act as Administrators.

WHAT IS MEMORY?

Memority is a block-based platform for decentralized cloud storage and valuable data data encryption. The system automatically maintains 10 copies of files in independent stores all over the world at all times. The files are encrypted with a private key obtained only by its owner while the account is being created. No one can see the data without first deciphering with this key.

The advantages of memorization compared to other systemsThe solutions of each participant of the system receives certain opportunities:

Data owner: can store data in an encrypted form, in a decentralized way and in a completely secure way, paying for the storage with MMR tokens. In addition, you can provide your disk space for the data of other users, becoming a hoster, and receive tokens to pay for the stored data.
Hoster - can receive MMR tokens by providing their disk space to the users of the memory to store their data.
Third-party developers can implement their ideas and create their own applications, using the Memority infrastructure and receiving MMR tokens for this.
Miner receives rewards in the form of MMR tokens for supporting blockchain's ability to execute its authority (only 10,000 or more token owners can become miners).

ICO INFORMATION AND TEAM

1,500,000,000 EMT tokens are created for the project in which 57% of the tokens are available for public sale. The public token sale is currently live on the platform until 1^st^ October 2018. the funds will be utilized for the development and marketing of the platform. The team working on the project is experienced in the field of blockchain technology and software development.

Conclusion

We continuously create and store data. Our thirst for data is unquenchable. Increasing storage sizes prove the rapidly expanding nature of data-hungry entities. Business and corporations require huge data storage facilities for the smooth processing of their business goals. Data is the source of all the information and decision making power in the corporation. People need a safe and secure place where they can store their data. Of all the features available on the platform, providing decentralized storage is the best one because it minimizes the risk of theft and hacking. I think that given the rise in the blockchain-based applications in the market, we will see more application in the different fields related based on the blockchain technology.

Route map

2016

The idea of memory was born

May 2017

Start of the memory platform

December 2017

Closed alpha release

April 2018

Launch of Memority Open Alpha

May 2018

Collection of user comments

July 2018