ARCHICOIN

ArchiCoin is a distributed storage that using the stable cryptography. Instead of a centralized server, the file system is formed by an unlimited number of servers in the Internet. Anyone can provide his or her disk space to participate in the unified world system of the protected data storage.

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

When you upload a file to the ArchiCoin network, it is divided into parts, then these parts are encrypted and sent to a swarm of peers. Nobody stores the whole file, even in an encrypted form. Such method of data storage has obvious advantages over keeping data on a local server. Server with data can be hacked, closed, blown up or confiscated by the court’s decision. None of these can happen to the swarm of peers.

The advantage of the system is the possibility of storing both unstructured and structured data. All files will be indexed with the help of blockchain and distributed in the ArchiCoin network. The user also can create containers where the data will be distributed. It allows the creation of distributed database.

In addition to data storage, ArchiCoin offers a secure access to the user information without interacting with the third party. No one needs to keep records about the user files or information necessary for authorization, so only the owner has an access to data and decryption. Companies are spending billions to share personal or regulated data safely. They are looking for the methods of flexible access management to data. It is realized with the help of smart contracts allowing to adjust access to the data without the fear of the leak.

Website: https://www.archicoin.io/

Advantages of the system.

A secure way of encryption.

• All information in ArchiCoin is stored evenly and distributed in encrypted form in the blockchain. An access to the user files is via the private key. 2.

Decentralization.

• When a file is uploaded to the ArchiCoin network, it is divided into parts that are encrypted and sent to a swarm of peers. Nobody stores the file entirely even in encrypted form,so all information is stored as securely as possible.

Different categories of data.

• Using the ArchiCoin service, the user can store both structured data and unstructured data.

Independence and autonomy of the system.

• The service is completely independent, so it excludes the possible intervention of regulators or public authorities. The system is completely autonomous. In addition to the data storage, ArchiCoin offers a secure access to the user information without interaction with third party.

Guarantee of the property.

• No one except for the owner can get an access to the uploaded into network information. An access to the user files is done via private key.

Confidentiality.

• Access to the record is only available for its owner or trusted user with a help of a private key. No one else has an access to the files, including the creators of the system. No computer stores the file entirely, that makes this kind of storage as reliable as possible.

Independent verification by the distributed network.

• During transactions or replications, all permissions and operations must be tested in blockchain in several blocks.

Full Synchronization.

• Each storage is automatically synchronized with the other participants of the network, that makes the network absolutely synchronized and.accessible.

An access to data.

• Because of transparent and up-to-date information stored in the blockchain there will be no disputes between contractors, so there will be no need for verification of the information about the contracts. A complete set of the information about each operation is saved in the network forever, but this information can only be 17 viewed by the deal agents. Using the opportunities of the network, companies will be able to reduce credit risks and asymmetry of information concerning the deal.

The absence and impossibility of bureaucracy.

• Distributed records make it possible to forget about the numerous centralized information systems that could be used to track the records and data, there is no need in waiting for the requests to various organs for information coordinating.

Speed.

• The fastest possible realization of transactions and information exchange. Each of the clients operates in a single database, whereas updated information is instantly distributed over the market and synchronized with the common database.

Multi-functionality.

• The ArchiCoin system’s function allows you not only to store files in the system, but to lay out own sites, open online stores,streaming sites,server part applications. All stored information will be easily accessible from anywhere in the world, with minimal cost and lack of censoring.

Token sale.

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Website:  https://www.archicoin.io/

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