REMME ICO – Securing Access of Digital Identities

8.1 Total Score
ICO Start: To Be Announced - ICO Ends: To Be Announced

REMME is building the distributed Public Key Infrastructure (PKI) solution, which prevents phishing, server and password breach, and utilize SSL/TLS protocol to protect the entire channel from attack. The REM token powers all operations within the ecosystem including certificate generation, revocation, and rewarding of nodes which safeguard the network.

Team
8.5
Vision
8
Product
8
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The primary means of accessing various local and network resources today is via password, a method that has proven itself as a way of identifying and securing users and resources. However, it has one serious drawback: in the event of a password being stolen, the attacker gains access to all of the account-holder’s data. Moreover, because users often deploy the same password for multiple services, the situation is exacerbated, while weak passwords can be a subject to vocabulary attack. Password databases from a variety of resources periodically fall into open access, exposing hundreds of millions of passwords to hackers.

Even where the affected user has the ability to change their password, their account is still vulnerable, since the user’s mailboxes are usually protected by a password that is often the same as that used on other resources. Thus, passwords cannot serve as a sufficient instrument for protecting user data and guaranteeing the security of the user session.

REMME solves the following issues:

  1. Trusting the centralized certification authority (CA)
  2. CA keys being compromised
  3. Fake certificate issuance
  4. Issuance of “hidden” certificates, trying to intercept and redirect connections

This allows complete and transparent control and tracking of all issued certificates, no possibility for issuing “hidden” certificates, and eliminated attempts to intercept and redirect connections.

Various parties (including Google) have tried to solve those issues, but without success. Blockchain systems ensure the immutability of data stored within them, providing an effective and practical solution.

Alex Momot – CEO & Founder

Taras Emelyanenko – CTO

Kate Pospelova – CMO & Co-founder

Yaroslav Pishta – Scala Engineer

Anatolii Padenko – Junior Smart Contract Engineer

Zoya Danilina – Social Media Specialist

Jan Keil – Business Development Adviser

Nick Bilogorskiy – Security Adviser

Mykola Ilin – Security Adviser

REMME is the Distributed Public Key Infrastructure protocol with a set of DApps for Access Management. 65% of confirmed data breaches involve weak, default, or stolen passwords and cybercrime costs the global economy around $400 billion annually. Our rating for this ICO is 8.1 out of 10.0.

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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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