Review Remme ICO

Today the overwhelming majority of people allover the world use password for various local and network resources, that has proved itself in everyday life as the easiest way to identify and protect users. However, no one thought about how defenseless it could be. The main defect is that in case of password theft the attacker will be able to get the access to all the data of the owner of the password. Basically people use the same password, this can only make it easier for hackers to work.

Two-factor authentication together with the usual password looks more promising, partially covering its defenseless. The main difference of the two-factor authentication is that in addition to the password itself, it is required to provide a resource with certain data that only a specific user can access.

Examples of the second factor:

1. One-time passwords that are formed after a certain period of time. It is the most common version. Usually they come with the TOTP protocol.
2. One-time passwords that come via SMS messages

The use of SSL / TLS certificates is an another way to authenticate a user in the system. An extensive distribution of these certificates was received in corporate circles such as banking, IT-companies. However, it also has its limitations that allow users and systems to receive data from each other via an unreliable network.

However, if you have some problems, you can use password managers based on the unique platform "REMME". “REMME” is a software capable of providing reliable and secure password store based on the advantages of blockchain technology.
Also, password managers can create reliable passwords unique to each resource.

The propose

The purpose of the REMME software is to create a distributed public key infrastructure ("PKI") that will help infrastructure companies, IoT, medtech, financial and blocking companies to get rid of the problem of security failures.

Platform Advantages

1. There is not a single database of passwords and keys to be stolen.
2. There are no limits to the technology called "lockin" and "API". Easy integration with present systems.
3. There are no points of coincidence between software / equipment of suppliers and a certain number of certification centers.
4. Easy and secure process of the distribution of public keys.
5. Simple process of certificate cancellation.
6. Common trust point for different systems such as an easy one-time login, implementation, decentralized world-wide available resolution.
7. Absolute transparency in legal and regulatory matters.

About the prospects

The REMME development team tested the ability of forming decentralized PKI on two different systems. One of them is "Emercoin blockchain (EMCSSL)". This is a system ready to use, but it lacks speed. Another concept based on the Bitcoin-blocking chain UTXOs that also did not give the desired results. The expenses on using the current block chains are unstable since they charge a fee for all the operations performed in their own tokens. They also have a high degree of variability.

Many of them are sluggish enough according to their own nature (Bitcoin, Emerkoyin) or are predisposed to overload (Ethereum). Therefore, the REMME team needs to create its own decentralized system with a financial system. For this kind of system there are three key conditions:

1. The pricing strategy should be pegged to the currency unit for example the Euro.
2. The block-chain must have the means of throughput that would keep quick development of management.
3. Opportunity to form an individual block-code for the integration into various organizations.

In order to comply with these terms REMME specialists have developed a system based on user’s blocking systems using Hyperledger Sawtooth. Sawtooth is the basis for custom flowcharts that must be commensurate, it means that any part of the structure that contains the consensus method is changed to user’s code. Simply saying Clique is a simple PoA protocol that makes over and above the planned specific list of nodes with an increment that makes it something like Dash masternodes network in which each user has an ability to control the list of entries, the list if their node disrupts the network rules.

The Token

1 system token (REM) is $ 0.04, both during the pre-session and during the main sales. Installed Hard cap project - $ 20 million, US, soft-cap - 0.48 million. You can buy coins for ETH, BTC. The platform has no restrictions in any country in the world.

What will be the use of income?

• 35% share in research and development;
• 25% share in business development;
• 20% share of transactions;
• 15% share of marketing;
• 5% share of jurisprudence.
  

How will all the tokens be distributed?

• 50% share for sale;
• 20% share of the team and founders;
• 20% share of partners and advisers;
• 10% share for the reserve fund.
  

Website

Simple and laconic design without problems and obsessive advertement. In the right upper corner there is a mini-chat. Available so far only in English and there is no Russian site, that is strange. At the very bottom of the page there are links to profiles in social networks.

Whitepaper

The main document on the website is available for review in English only on 22 pages. In Russian whitepaper is not provided. This is a text document with several tables and a nice infographic that details the product and its features. Information on sales is present but there is no information about the team in this document.

Team

On the website of this product there is a unit with the project staff, there are 2 founders, 6 members of the development team directly, 1 security advisor, 1 cryptography advisor, 1 business development and sales advisor and 1 technical adviser mentioned.

Social networks

The project in social networks has an average popularity. As of June 6, there are 16,379 subscribers on the official Telegram channel, Twitter - 5824, Facebook - 5798, youtube - 492. There is a profile in Reddit. The project has an interesting blog in the medium.

Road map

In the nearest future, namely in the third quarter of this year, a public testing of this product by the users will take place. And already at the end of this year the release of the state system is planned so the process of leading the main nodes in the nation-wide work will be fully automatic. And in early 2019 it is planned to open representative offices in Tokyo and Singapore.

Summary

The essence of REMME's work is represented in the preservation of data and the complete safety of information and resources from ordinary users to serious companies. This is a special public key infrastructure ("PKI") of management technology based on the X.509 certificate standard which uses SSL / TLS certificates to protect the entire channel from attack.
Two-factor authentication is a special level of protection that guarantees that the account holder will be able to access it even if the SSL / TLS SSL secret key was spoiled. What will be the technology of the second factor depends on the characteristics of the system, which is protected by REMME technology.
In conclusion, we would like to notice that "REMME" has a great growth potential and there is the team of professionals with extensive experience that works on creating the product.

More information:

Website: https://tokensale.remme.io/
WhitePaper: https://drive.google.com/file/d/0B1jTRGmj_3khUV9RTERnYzNvaE0/view
Twitter: https://twitter.com/remme_io
Facebook: https://www.facebook.com/remme.io/
Telegram: https://t.me/remme

Author: ICOevents

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