REMME’s path to the best password-free security system

btc-news (34)in #remme • 6 years ago

Recently Alex Momot, CEO and founder of the REMME platform, shared the details about the rise of the project during the interview to Nachasi.Com (the Ukrainian crypto-related website). He told a lot of inside information about the project’s future and explained how the ecosystem of their platform works and helps Internet users all over the world.

Website - https://remme.io/
Medium - https://medium.com/remme
Facebook - https://www.facebook.com/remme.io/
Twitter - https://twitter.com/remme_io
Telegram - https://t.me/remme
Whitepaper - https://drive.google.com/file/d/0B1jTRGmj_3khUV9RTERnYzNvaE0/view
Bounty thread - https://bitcointalk.org/index.php?topic=3611368.0
ANN thread - https://bitcointalk.org/index.php?topic=2060387.0

The future plans for REMME

According to Alex Momot’s words, REMME will be a single and sufficient, and on its basis, other developers around the world will be able to make their products based on the network’s blockchain. Such financial scheme resembles the Ethereum platform. For example, Vitalik Buterin developed the Ethereum blockchain. REMME creates its own blockchain and protocol so that you can do without password authentication. And people will use this blockchain and corresponding protocol will be able to integrate these components into his platform or business.

REMME will never waste the user’s operational resources. To create new safety and IT solutions, it is not enough to make only an Ethereum-based protocol. To make the REMME product ready for all business around the world, the local partners of REMME can adapt the services and tools to regular or new clients. The main platform by REMME helps scaling the product and does not require much effort from the user who wants to apply the offered solution as soon as possible. That is why REMME plans to open sale offices worldwide in the most promising regions: the USA, Europe, the Middle East and South Asia.

The team experimented during the development of their blockchain. At first, the REMME’s developers used Emercoin blockchain and then the Bitcoin blockchain. But the team faced a few compelling obstacles because both blockchain have serious issues with the time period required for closing a single block. The thing is that an end user needs to understand how much the implementation of a product will cost for his business.

In the case of cryptocurrencies, it is impossible to give any predictions even for the next 3 years. This industry is volatile, including the cost of transactions within the blockchain. And such volatility means the unexpected expenses for the end user’s business. That is why the team decided to build their REMME blockchain with the use of fast transactions and quick blocks which bring the low costs of internal transfers.

How does the major REMME’s technology work?

The first thing to mention is that REMME never uses user-generated passwords. The platform never stores any personal data of users. It is very important because even the decentralized network with a single database of personal data is vulnerable to cyberattacks. Only the user-made certificates are kept within the REMME blockchain, and not even a whole certificate, only the part of it, the rest components are stored on the user’s device.

Imagine that you are in the middle of an airport’s passport control procedure and your identity is checked in the database of criminals. REMME’s technology resembles this process. You visit a website and show the generated by REMME certificate. It acts like your passport and you need to login to show this “passport” to the website’s authentication system. Then the server appeals to the REMME blockchain to check the certificate’s status – active or not. If everything is ok with your certificate, you are logged in and can use the all service of this website.

Another important feature is that REMME gives an ability to create another certificate. It is not a problem for the REMME blockchain and the cost will be minimal for your business. The REMME’s target audience is huge corporations with multiple threats of hacking attacks. The REMME’s main task is to eliminate the holes in your business’ cybersecurity system.