Memority - Encrypted Decentralized Cloud Storage of Valuable Data

About Memority

Memority is a blockchain-based platform for encrypted decentralized storage of valuable data. The system automatically keeps 10 files copies in independent storages all over the world at all time. Files are encrypted with a private key that only their owner has. Memority employs the same data protection technology as used in blockchain-based wallets.

The purpose of Memority is the safe and secure data storage for businesses, government organizations and individuals. Such a system will function with user data protection even if there are no more developers of platform-based applications, developers of the platform itself, or up to 90% of hosters will be lost at the same time. Full self-sufficiency, the built-in self-cleaning mechanism and the decentralized nature of the functioning allow the system to exist and work for many years without outside management.

Memority operates with the involement of 4 entities :

Data Owner: is regarded to be an individual who can store his data on the memority system, encrypted and stored completely secured after paying for the space which he uses as storage with the platform currency (MMR tokens)
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
Third-party developers: developers are given the chance to earn some tokens as well by creating applications and implementing their ideas using the infrastructure of Memority
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 Memority

For utmost protection from data loss,memority continuously check and restore multiple copies of each file.
Developers can actually earn using this platform by creating applications using memority infrastructure.
Security is guarantee whereby files uploaded can only be accessed by the data owneer 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 by also rendering a portion of your storage space for other member of the platform to store their data.

Token Details

Token: EMT

Category: Data Storage

Platform: Ethereum

Total Supply: 1,500,000,000

Bonus: Available

MVP/Prototype: Available

Accepted Currencies: ETH, BTC, LTC, BCH, Fiat

Country: Estonia

Whitelist/KYC: KYC

Restricted areas USA, China, Japan, South Korea, Cuba, Iran, North Korea, Syria, Crimea.