The Memority platform, what is it?what does it have to do with anything?
It is a decentralized platform that uses blockchain technology to provide a secure platform to store data/files, as files can only be accessed through the use of encrypted Keys that is known only to the individual who stored them.
General Overview of the Memority Platform
This platform offers a unique solutions to lots of problems associated with data storage and also gives a lot of perks for both investor, developers and users.
The platform exploits the free storage capacities in mobile devices and also internet of things devices of individuals across the world to meet the ever rising global demand of storage space for personal, financial or heavy data files by individuals, businesses and institutions. The platform in return for giving or renting out a percentage of an individuals storage space on his/her device gives out MMR tokens which are the official crypto currency of this platform which can be traded for Bit coin or ETH and subsequently cashed out.
This platform also provides a decentralized avenue where data isn't stored on a single server which is therefore not vulnerable to theft or loss in cases of disasters be them natural or artificial.
SECURITY AND ASSURANCE
The platform also provides ample security to users as files are protected by encrypted keys and whose access will be only with the user or owner of the files. The network is also highly resistant to unauthorized change or access as it is based on a proof of space, time and transaction. image
The platform utilizes the 121 bit key algorithm of encryption which makes it difficult to crack even with quantum computer technology.
The data after being encrypted is then compressed and split into different sizes after which they are duplicated into a number of copies and then stored at different random devices which makes it impossible for them to be stolen, these files can only be retrieved by the end user after putting in his/her encrypted keys.
This platform also provides services which are cost friendly and affordable enabling users to spend less when storing data for a particular period of time. Users can also volunteer to rent out space from their devices which will help recoup some of their expenses.
The platform is also an application developers dream as it provides an opportunity and enabling environment for application developers to build and display blockchain data storage apps that will contain unique features thereby allowing for them to earn as individuals store data using their applications.
The memority application will be accessible to clients who want to advertise their products on the platform and as end users watch these advertisements they also earn MMR tokens.
To keep things short the Memority platform provides an opportunity not seen in a very long time.
It might be worth while to sieze this opportunity because the future of data storage is with the Memority platform. Invest now.
For more information on the Memority platform and the MMR and EMT tokens visit
memority website
Announcement thread
https://bitcointalk.org/index.php?topic=3952669
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