MEMORITY PLATFORM REVIEW

INTRODUCTION

Today data are mostly stored on centralized servers which are inclined to get hacked or broken. There are dependably odds of losing critical information when put away with an extensive stream of unstructured datas. The traditional methods of storing information do not involve decentralized confirmation of the data due to which anybody can modify, replace, or delete that data.
Apart from other issues, different verification procedures are applied for verifying different types of data. Practicing all the different methods and hiring different agencies for verifying the data increase the cost of data verification. The absence of single solid data source is additionally a major issue. once the data is verified and confirmed, it's then transmitted through numerous channels and gathered at totally different sources. This method more assists in making additional complications.
But with memority, data storage is made easy, efficient and totally secure

What is memority?

Memority is platform that is designed to provide scalable, secure, and reliable encrypted database services built on blockchain technology.

HOW DOES MEMORITY WORKS

Memority ecosystem consolidates various applications to address the issues of associations, government affiliations and individuals in the ultra-secure capacity of an extensive variety of profitable data.
The stage fuses an aggregation of self-governing vaults from around the world, which depend on PCs of customers who have given a bit of the memory of their hard drives for record stockpiling. To ensure an abnormal state of data security, 10 copies are made for every one of the set away records, genuineness and realness of which are constantly checked. If the amount of record copies is insufficient or the copies have been formed, new copies of the main archive are naturally made for new hosters.
The process for affirming availability, validity and recovery of archives are free from the record proprietor and will work self-governing as long as the reports stockpiling in the framework is paid for. Created by Memority is based separately MMR tokens, the trade history of which is moreover recorded in blockchain.

Furthermore the platform will be operating on the basis of EVM (Ethereum Virtual Machine) and to as well increase the network speed and to efficiently maintain the network's performance adopted the a new algorithm called Proof Of Authority (POA)consensus.

Memority Characteristics

Memority platform is characterized into 4 entities;
1. Data Owner
2. Hoster
3. Third-party developers
4. Miner

1. Data Owner: is regarded to be an individuals who can store his information on the memority framework, scrambled and put away totally anchored in the wake of paying for the space which he utilizes as capacity with the stage money (MMR tokens)

2. Hosters: these are individuals who willingly provide a portion of their disk space to serve as storage for data owners and later rewarded for their service with MMR tokens

3. Third-party developers: engineers are allowed to win a few tokens too by making applications and actualizing their thoughts utilizing the framework of Memority

4. Miners: these are individuals who supports the working capacity of their blockchain. users with 10,000 or more tokens are eligible to be miners.

BENEFITS OF USING THIS PLATFORM

Out of numerous points of interest and advantage of utilizing this stage as recorded on the whitepaper and site, underneath is only a feature of few;

for most extreme assurance from information loss,memority ceaselessly check and reestablish various duplicates of each record.

engineers can really acquire utilizing this stage by making applications utilizing memority framework.

security is guarantee whereby files uploaded can only be accessed by the data owner as there are encrypted with a private key known only to the data owner.

The opportunity to store your data free of charge is possible conceivable by likewise rendering a bit of your storage room for other individual from the stage to store their information.

ICO/ TOKEN Details

Token: EMT
Category: Data Storage
Platform: Ethereum
Total Supply: 1,500,000,000
PreICO Price: 1.2 EMT = 0.1 USD
Price: 1 EMT = 0.1 USD
Bonus: Available
MVP/Prototype: Available
Accepted Currencies: ETH, BTC, LTC, BCH, Fiat
Soft cap: 5,000,000 USD
Hard cap: 85,500,000 USD
Country: Estonia
Whitelist/KYC: KYC
Restricted areas USA, China, Japan, South Korea, Cuba, Iran, North Korea, Syria, Crimea.

Website: https://memority.io/

Whitepaper: https://memority.io/docs/whitepaper_memority.pdf

Facebook: https://www.facebook.com/mmority/

Twitter: https://twitter.com/frvrty

Telegram: https://t.me/memority

My bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1120501