ARCHICOIN

ArchiCoin is a distributed storage that uses stable cryptography. Instead of centralized servers, the file system is formed by an unlimited number of servers on the Internet. Everyone can provide their disk space to participate in the integrated storage system.

ArchiCoin saves all data in an encrypted form. Access to user files is through a private key. No one, except the owner, can access the information downloaded to the network. ArchiCoin allows you to safely store, exchange or monetize structured data. ArchiCoin is scalable and ready for large data.

When you upload a file to the ArchiCoin network, it is divided into sections, these sections are encrypted and sent to the peer group. Nothing stores the entire file, even in encrypted form. The data storage method has obvious advantages compared to storing data on the local server. Data servers can be hacked, shut down, detonated or confiscated by court order. All this can happen with a bunch of peers.

The advantage of this system is the ability to store unstructured and structured data. All files will be indexed using blockchain and distributed over the ArchiCoin network. Users can also create a container in which common data will be used. This allows you to create distributed databases.

In addition to data storage, ArchiCoin provides secure access to user information without interacting with third parties. There is nothing to store records of user files or information necessary for authorization, therefore only owners have access to data and decryption. Companies spend billions of dollars on reliable transmission of personal data or data. They are looking for flexible methods for managing access to data. It is implemented through intelligent contracts that allow you to regulate access to data without fear of leakage

Website: https://www.archicoin.io/

Benefits of the system:

Secure encryption

All information in ArchiCoin is stored evenly and distributed in an encrypted form in a block chain. User files are accessed through a private key.

Decentralization.

When a file is uploaded to the ArchiCoin network, the file is split into several encrypted partitions and sent to the peer group. Nothing keeps the file completely even in encrypted form, so all the information is stored enough.

Different categories of data.

Using the ArchiCoin service, users can store structured data and unstructured data.

Independence and autonomy of the system.

This service is completely independent, therefore excludes the possibility of intervention by the regulatory body or government body. The system is completely autonomous. In addition to data storage, ArchiCoin provides secure access to user information without interacting with third parties.

Guarantee of property.

Nothing but the owner can access the downloading of the network information. Access to user files is through a private key.

Confidentiality.

Access to records is only available to their owners or trusted users using a private key. No one else has access to the files, including the creators of the system. No computer stores the entire file, which stores this storage as efficiently as possible.

Independent verification of the distributed network.

During a transaction or replication, all permissions and operations must be tested when locking in multiple blocks.

Full synchronization.

Each repository automatically synchronizes with other network members, which makes the network fully synchronized and accessible.

Access to data.

Because of the transparent and up-to-date information stored in the block chain, there will be no disputes between the contractors, so verification of information about the contract is not required. A complete set of information about each operation is stored on the network forever, but this information can only be seen by the dealer. Using network opportunities, companies will be able to reduce credit risks and asymmetric information about the transaction.

Absence and impossibility of bureaucracy.

Distributed records allow you to forget many centralized information systems that can be used to track records and data, and do not need to wait for requests to various bodies to coordinate information.

Speed.

The implementation of transactions and the rapid exchange of information. Each client operates in a single database, and the latest information is distributed directly to the market and synchronized with the public database.

Multifunctionality.

The system function ArchiCoin allows you not only to store files in the system, but also to place your own sites, open online stores, streaming sites, server applications half. All stored information will be easily accessible from anywhere in the world, with minimal costs and no censorship.

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