Memority is not more than just another blockchain startup, it seeks to revolutionize the entire data industry through the services it offers. The creators of this company believed that its time users started thinking of ways they can keep their data safer secure, and with the backing of the innovative blockchain technology.
Therefore, Memority came up with the technology that makes this a possibility. Based on the tenets that have made blockchain technology such a success, the company makes use of decentralized technology to ensure the safety of data in its charge.
In general, Memority promises to provide a platform where a decentralized and secure storage platform is available to blockchain users. The data is spread across multiple storage locations all around the world to ensure that damage to any single storage location does not result in data loss. Data ICO blockchain Memority is unique in many ways.
Personal Opinion and Thoughts.
Today, ICOs have become pretty commonplace. That is not necessarily a bad thing. But to be honest, not all of them are based on a defensible premise. Fortunately, Memority is a welcome exception to this worrying trend since you can immediately understand the value of the services it offers. Therefore, anyone seeking a good ICO to invest in would be right to give this company a little more consideration.
There is clearly a market demand for the services Memority is seeking to offer its users. More importantly, the fundamentals on which its data storage services are based are defensible and innovative in the face of modern technology. The fact that the company seeks to offer decentralized data storage, using advanced encryption services and other safety measures is also a clear indication that people will have plenty to get from using this company's services.
So, it is not just those in need of data storage services who need Memority, but those in need of a sound cryptocurrency investment as well. Therefore, you should consider investing in its ICO, you are more than likely to get value for your money when this company finally has the funding to make its great innovative ambitions a success.
Innovations Giving the Company an Advantage Granted, the data storage niche has quite a few players. But Memority has taken a special route by using blockchain technology to provide its services. The most significant benefit to the services this company offers is data safety through decentralization. Still the company also makes use of other great innovations that hold a lot of relevance to any company or individual seeking premium data storage services.
- Secure Encryption Using Private Key For instance, the data is encrypted using a private key so that only the owner can can access to it The owner gets to store this key.
- Forgery Protection Capability Another benefit to Memority's services is that the stored data is safe from forgery. This is achieved through the use of unique data identifiers that come with the service. Beyond that, the innovation powering this data storage technology is able to discover any fakes and disregard them in favor of genuine data copies.
- Accidental Erasure of Data not a Problem The technology powering this blockchain-based service also stands out for the fact that even accidental erasure of data does not result in complete loss of data. This is because redundancies exist within the system that ensure that multiple copies of data exist at any one time. In fact, the company promises that at least 10 copies of data are available on its systems at any single time. Additionally, the system is designed to be vigilant about the presence of multiple data copies so that they never fall below this threshold.
- An Independent and Decentralized System The stored data does not depend on any single system. Therefore, the failure of compromise of any of its systems does not mean loss of compromise of the data you have stored with the company. In other words, Memority offers a very safe and secure way to store and secure your data.
Conclusion
Even when compared to what many other cloud and traditional data storage services have to offer, Memority has plenty of benefits in store for its users. That says plenty about the potential this company has in terms of future growth. There is a market for what it offers, and unique value to the way it revolutionizes data storage. You can learn more about the company and its ICO through this link, https://memority.io/
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