REMME is a platform which is specifically built in order to secure the digital identity of the consumers. In most of the cases, whenever there is identity theft, the consumer pays dearly in terms of financial loss or loss of credit score or some other such issue. Due to this very reason, the consumers are not able to easily recover from such a problem. Overall, the cost of such data leak or identity theft on annual basis is over $ 400 billion. This is the reason why many consumers today are actually fearful of conducting transactions online.
REMME is trying to secure the digital identities of the people with the help of Public Key Infrastructure. Moreover, it is doing so with the help of decentralized applications. This entire Ecosystem will be based on the blockchain technology. Owing to this very reason, the entire data will be decentralized. The data will be encrypted as well. As a result, it will become much easier for the consumers to safeguard their online identity. This platform will be creating a centralized certification authority. With the help of the centralized a certification authority, you will be able to share your data wherever you want. Without the certification authority key, your data cannot be accessed by anyone. As a result, when you do not intend to share the data it will be completely safe. This is one of the main advantages which you have got of this particular platform.
Moreover, there cannot be any fake certificate issuance since the key will be encrypted and the data will be encrypted. As a result, even if there is any fake issuance, there will be no key and therefore the certificate will not be validated at all. This is one of the main advantages of this particular platform. As a result, your data will be completely safe and you will ultimately decide who should access your data.
Also, with the help of the security protocol, there will be no need for the password-based security. As a result, the chances of hacking is significantly reduced. This is an entirely secure method which will work with the help of keys. Since you will only have the key, it will become easier for you to safeguard your entire data without any issues. This is one of the main reasons why you have to think about using this data rather than using the password-based method in order to protect your identity online.
With the help of blockchain, the identification can be done in a shorter period of time. It can almost be done in real time. As a result, you will not have to worry about waiting for a long period of time in order to get it done. This is one of the main advantages of this particular platform. Moreover, scalability will not be an issue since it is based on the blockchain platform. It does not matter whether just 10,000 users are using the certificate or whether 1 million users are using the public keys. Since it is based on the blockchain technology, the load can be handled in real time quite easily. As a result, you will be able to authenticate your identity without any kind of delay. Hackers will have a pretty difficult time in hacking the data as it will be encrypted and without the key, it cannot be unlocked.
The company has already issued the tokens and they are trading on Gate.io. If you’re looking to invest in this company, you can definitely buy the tokens and hold them for a longer period of time. Since the underlying application is pretty strong, the potential of the tokens is also pretty strong.
Official website here: https://remme.io/
Coinmarketcap link: https://coinmarketcap.com/currencies/remme/
Thanks to pat25 for posting this article.