Authpaper

Brief

As we all know in the modern era that whenever we apply for a job or want to authenticate something whether it is business wise or legal matters we still follow the ancient method of physical authentication. I.e we need to mail our original or certified copies in order to be recognized as legit. And also not to forget that over the years there has been many forgery and millions of money lost pertaining this matter. Well, this aspect has now been taken into consideration and has been under a serious undertaking and on the way to revolutionize this ancient method to fit in our modern Era by Authpaper.

Authpaper/solution

Authpaper is the solution to turning the physical and ancient method into digitalization. That is, there would be no need of physical method and long waiting time In order to be recognized as legal. With Authpaper it gets as real an legal as it is. Your Documents will be delivered to the person intended and only they can read it as far as confidentiality concerns.

So how it works/ Startup Softwares

Let’s say for example, I want to send some important documents to a company or another person. The first step would be to get those documents certified. This can be done on the Authpaper Platform and be delivered to the person/company and they are the only ones who will have access to it. But the record will be made public in order to keep the public transparent on what’s happening. Software will be made available to people/organizations which they can utilize as a startup and keep everything organized and safe.

Blockchain/Decentralization

Moving on how the documents are treated once on the platform. The platform is completely decentralized and no third parties or any person will have access into editing or manipulating of the documents once it’s on the platform, this is to ensure that no forgery is made and hence protecting it. Once the documents are delivered to their recipients, they are removed from the platform.

Security Implementation

As for concerns of security, there are various of security measures taken into consideration so as to protect the documents at any costs. The data is encrypted by 2 encryption keys before being sent out and followed by email verification and another channel verification. Once verified the users can send data as large as 10 TB and above.

To protect the authenticity of the data/document a digital signature is required from the sender and cannot be denied at any moment that this document/data was not signed by them. So to ensure the integrity of the signature a 3 method algorithm is implemented, key generation, signing algorithm and verifying algorithm. Furthermore to a PKI (Public key infrastructure) is implemented where people/organization can bind their identities under the Issuance certificates and a CA(certificate Authority).

Cryptocurrency/Auth Tokens

To be able to use the Authpaper platform they have developed their own Erc 20 Token which can be used as fees for usage or can be traded on Exchanges when listed. The AUPC Token is a legal transaction fees structure for Authpaper Platform, currently it is going under ICO phase where you can acquire it at a reasonable price and save costs when using the platform.

To have a better understanding of how the platform works and what the fees structure will be like, Visit the website for more info and read the whitepaper as it is well detailed and explained.

Website: https://authpaper.io/

Whitepaper: https://authpaper.io/Authpaper_TokenSale_2019_v2.pdf

ETH Address:0x4963b529Ce8Da4390865D0FA8B4172143a877B2d