What problems do exist in data storage?

Today, most users face the problem of data storage every day. With the rapid development of digital technologies, the amount of information is also growing. Private users, organizations, specialized services and online platforms need to save data. And this trend will continue in the coming years.

Hard disks and servers run out of free space, and data files must be downloaded to specialized cloud storage. With all the convenience of such a service, it has many shortcomings. First of all, there are questions about access to servers where data is stored and the security problem. Already several times there have been cases of theft of personal information of clients by intruders.

The Memority project on the decentralized platform involves the creation of a functional solution for both private and legal entities. Blockchain technology will provide an opportunity to organize an extensive data warehouse for a long time, reliably protected from theft of personal information and attempts to break into.

What will change in the storage system when implementing the Memority project?

The Memority project will dramatically change the approach to the storage system. The security of the information being placed will be ensured by decentralized technology based on the blockchain. Each participant of the project will be able to quickly and unhindered access to personal data. All information is securely encrypted, one can connect to the system using an individual digital key. For greater reliability, platform developers have planned to keep duplicate copies of data, the correctness and reliability of which is checked on a regular basis.

The main goal of Memority developers is to create a full-fledged platform for storing information and personal data for closing the needs of organizations, state and municipal institutions, individuals. The main points that are planned to implement: security, data security, including through duplication of information, accessibility to the platform within 24 hours.

Main advantages of the Memority project:

• access to the system through a private encryption key;
• preventing the intentional or accidental deletion of stored data;
• prevention of forgery or unauthorized copying of information;
• complete independence and decentralization of the platform.

The project is implemented on the basis of a decentralized platform on the Ethereum blockchain system using the PoA algorithm. This will increase the speed of transactions and overall network performance.

Conclusion

The Memority decentralized platform has competitors in the cryptocurrency, but due to the large size of the market, the project has good prospects for its development. The advantage of this platform is a rather experienced team of developers. The project has good reviews, a serious enough and well-developed implementation plan.

To participate in the Memority ICO, you must go and register on the official WEBSITE of the project.

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