AUTHOREON - DECENTRALIZING AUTHORIZATION AND AUTHENTICATION
The Authoreon solution prevents fraud, cyber attacks, identity and immaterial material theft, and they provide a thorough traceability to supply and ownership chains.
With cyber attacks, password violations, identity theft and document cheating increasing, it becomes very clear that online security measures are currently inadequate.
In addition, we face increasing national security issues - often contrary to privacy & data protection rules, as well as key challenges in IOT security, copyright & intellectual protection, and reputation management.
In addition, increased quality awareness requires identity and product history that can be tracked in the supply chain and ownership chain.
Failure to secure data, to verify identity and grant access only to authorized agencies causes billions of dollars to be damaged annually, while the most risky asset at risk is trust.
Authoreon solves this problem by decentralizing authorization, authentication, verification and certification.
Authoreon is a decentralized network with two separate overlay protocols:
BLOCKCHAIN
Authoreon is based on the Ethereum follow-up protocol, public, open source, sensor-resistant and innovative and distributed computing platform, which provides a virtualized Turing-complete virtual machine (EVM) enabling intelligent contract execution
In general, blockchain is a distributed database that allows digital asset books and transactions, which are shared among distributed user networks, and thus can be addressed.
Using advanced cryptography, blockchain enables every participant on the network to interact securely with a digital ledger and without the need for central authority. Because each participant in the network holds a copy of blockchain and all previous transactions are constantly fixed before adding can be done, it is very difficult to alter or delete data in blockchain.
Whenever a participant wants to add assets or transactions to blockchain all other participants in the network run an evaluation algorithm to verify the transaction. If the majority of nodes agree that the transaction is valid, then the asset or transaction is authorized and written to blockchain.
Blockchain Ethereum reaches consensus using the Proof-of-Work algorithm, which uses hash functions to create conditions in which each participant is allowed to reveal conclusions about the information being transmitted. The results can then be verified by all other participants in the system. The wrong result is excluded by the hash function parameter, because it will fail to count.
Participation in the system will be provided by a common mining function.
SYNAPSE
At the top of the blockchain, we developed the synapse protocol, which is an independent application layer inspired by the human brain. It's designed to improve the functionality, scalability, and performance of the Authoreon platform by enabling intelligent authorization contracts.
Smart Contract is a decentralized program that works on defined rules created with scripting languages, which can be integrated into protocols or created dynamically. They facilitate, verify, or enforce negotiations or the performance of a contract, or make a contract clause unnecessary.
Smart Contracts typically also have user interfaces and often mimic the logic of contract clauses. Smart contract supporters claim that many types of contract clauses can be either partially or completely executed, self-enforced, or both. smart contract aims to provide better security than traditional contract law and to reduce other transaction costs associated with the contract.
KEY ACCESS
The synapse layer is responsible for storing data safely and effectively and verifying identity against stored access authorization. As an intermediary between blockchain (Proof-of-work) and key access layers (Proof-of-Stake), the synapse protocol also generates temporary access to authorized cases.
It also keeps blockchain and fast lights by replacing stored data - resulting in improved performance, faster block processing time, and the ability to process more transactions within a block.
The access lock layer acts as a gatekeeper, processing incoming requests to the synapses layer and providing temporary access if the request instances are authorized.
For this purpose, we developed a 2 2 key algorithm, providing a static key with a dynamic key (temporary) only if the other key is still valid by authorization and vice versa. Access is only given to two dynamic buttons.
This mechanism replaces the traditional two-factor authentication that allows a variety of potential applications.
While blockchain uses the Proof-of-Work algorithm to reach consensus, the access lock layer will implement the Proof-of-Stake function, similar to the Proof-of-Work system, but participation in the consensus building process is limited to those identified legitimate shares in blockchain, eg Individuals who have coins or Autheon customers with many assets or transactions in blockchain. Here, the calculation of hash functions is replaced by a simple digital signature that proves ownership of shares.
Instead of each individual trying to calculate the value to be selected to set the consensus point, the network itself runs the sweepstakes to decide who is going to announce the results, and the system participant exclusively and automatically enters the sweepstakes directly according to his property. Total shares in the network.
Authoreon will also provide incentives to participate in the access key layer by allowing 'printing' of coins (vs. 'mining' in blockchain).
This ensures the widest possible network participation and thus the strongest network security possible.
The Authoreon function handles use cases:
- Identity Theft.
- User Authentication.
- Data Retention.
- Cyber Attack.
- Document Fraud.
- IOT Security Risk.
- Supply chain.
- Ownership Chain.
- Copyright infringement.
- Reputation Management
Crowdsale Details and Token Allocation Distribution:
Symbol Token: AUTH
Total Supllay: 1,0000,000,000 (1 Billion)
Token Ethereum ERC20
Crowdsale starts on: 19th August 2017 to 14th October 2017.
Hard cap Crowdsale: $ 34,000,000.
Payment Accept: BTC, ETH, LTC, BCH, DASH.
33% are sold on ICO
33% is allocated to incentivize participation
33% is maintained by Authoreon
1% to cover tokensale costs
Authoreon Tokens are used to access certain functionalities of the platform including registering new assets, transferring assets, and other authorization features.
Authoreon Tokens do not represent or assign ownership rights or shares, shares or security or equivalent rights.
More info about Authoreon project:
Website: https://www.authoreon.io
Whitepaper: https://www.authoreon.io/Authoreon-Whitepaper.pdf
Facebook: https://www.facebook.com/Authoreonio-872820659537598
Twitter: https://twitter.com/Authoreonio
Slack: http://www.slack.authoreon.io
Telegram: https://t.me/authoreonio
ANN Thread: https://bitcointalk.org/index.php?topic=2125495
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