Starter info
Cryptocurrency is probably one of the most innovative concept in the financial world today. I need not describe the nitty-gritty of it to you any longer - every Tom, Dick and Harry now can say one or two correct things about it. Cryptocurrency, through the use of cryprography comes with the promises of high-security processes and personal verification of transactions by specific users. Thus, to a large extent; greater than the chances with the fiat monies available today, malicious and crooked practices are negligible when it comes to cryptos.
Even with this notable change in technology and the high level of public acceptance it is enjoying at the moment, private organizations like Authpaper are still pushing the boundaries to do more. Organizations like this, formed by great pioneers are the reason why the technology's sustainaility is assured. For example, Authpaper Delivery focuses on aligning blockchain and BT, with cryptography and other current technologies to come up with a peer-to-peer platform that delivers data digitally.
"It is an obvious fact in the world of cryptosphere that blockchain adds trust to peer-to-peer networks. We no longer need to trust financial houses and 3rd parties (escrows) on our financial transactions at the expense of commissions, at our fingertip is a 'trustless' platform. That is, not a single entity needs a dose of your trust. The peer-to-peer networks are absolutely of their own existence (decentralized) and exist as nodes - people who must consent to the existing level of financial transactions. In a nut shell, it is a ledger for transactions consented to by a majority of indiciduals (nodes) within the network. It is very much a ledger with 99.9% trust.
The blockchain takes responsibility for:
- Ensure decentralization of system as a means of security
- Limiting double spend attacks
- Order validation through an achieved agreement by nodes
WHAT DOES AUTHPAPER LIMITED DO?
Based on this premise, Authpaper limited - a company founded 2 years ago and currently holding a PCT patent possesses the vision of building trust within both the real and digital world, and has been developing software solutions on e-document anti-forgery based and executing tests on web and mobile applications against many known and existing cyberattacks.
Based on an award-winning research project "Authpaper" by Solon Li (CEO and Founder of Authpaper) during his research study, Authpaper Limited builds blockchain-based solutions for many of its clients with a recent, blockchain signature solution for e-documents created to enable accessible users to circulate and sign a document, and every signature certified by involved parties and recorded on the blockchain.
Follow the link below to get you more familiar with Authpaper Delivery:
Moving on:
The Problem
In the era of information technology, technology advancements have changed human lives by a lot. However, document delivery and huge data transfer, especially commercial and important ones, are still following years old methods, physical mailing. Physical mailing takes a lot of time and spends a lot of resources. Printed documents/ credentials are potentially subject to forgery. Every year, billions USD has lost directly due to document fraud. Current digital delivery solutions are mostly centralized, privacy cannot be guaranteed.
The Solution
Authpaper Delivery combines blockchain, BT, cryptography and other current technologies to build a peer-to-peer digital data delivery platform. All data delivered is confidential except the specified recipients. Data is verified to be unchanged down to every single bit. Operations on the data are properly done and recorded among the peers so that the delivery histories are public verifiable yet unforgettable. Peers are rewarded by delivering the encrypted pieces of digital data and helping to run the platform with good will.
The Applications
Commercial
Documents and data can be circulated inside this platform instead of printing out and wasting time to moving around people for confirmations.
Trading
With this platform, the time for mailing is saved because the documents are sent instantly over the Internet and it is confidential with public verifiable record on mailing and document source.
Document Certificate
With this platform, it allows company and authorities to issue unforgettable document certificates for different purposes.
Legal and Compliance
With this platform, document sender can send a data with full delivery record, including how the document is delivered, by when and who the data is picked. If the delivery is failed, a record of attempting delivery is recorded on blockchain as smart contract. Hence it fits in the legal and compliance need.
System Maintenance
With this platform, companies can send the snapshot confidentially online. All data has integrity checking and encrypted. The data is sent via BT protocol, data transfer can be readily continued after connection lost. On the download side, the data is transferred from multiple peers, increasing the data delivery rate.
Copyright Data Delivery
With this platform, video owners can create videos with random noise one by one first and send to the platform. Video owners only need to keep the original copy of the video, and the torrent file for each modified copy. The customer will download a protected video copy so that whenever there is a video leak, video owner can trace it back.
Token Sale and ICO Details
To make this platform happens, external resources like funding, test users and marketing partners are necessary. To reward the contributions of others and fund raising, we will create an ERC-20 based coin, Authpaper Coin (AUPC) and distribute to the investors and partners. As Authpaper Delivery platform requires a customized blockchain, the coin cannot be used directly on it. Once the platform is ready, we will provide an offer to exchange the coins with Authpaper stamp, the currency in the platform, at a certain rate. Coin holders can also trade the coins on public exchanges or use it to redeem other services from us. Here is a simple comparison between the coin and the stamp.
Token Details
Symbol: AUPC
PreICO Price: 1 AUPC = 0.05 USD
Price: 1 AUPC = 0.1 USD
Platform: Ethereum
Accepting: ETH
Minimum investment: 50 USD
Soft cap: 1000000 USD
Hard cap: 41500000 USD
Country: Hong Kong
Whitelist/KYC: None
Restricted areas: USA, China
5% will be offered in pre-sales
35% will be offered in crowd sale
25% will be reserved for optional future sale, post-ICO bounty program, marketing and exchange listing fee
6.5% will be reserved for referral
28.5% will be reserved for team, founders, and advisors
RoadMap
Meet Authpaper's 'A' Team
For more information:
Download Authpaper's white paper here: https://authpaper.io/authpaper_ICO2018.pdf
Visit Authpaper's website: https://authpaper.io/
Follow up on Medium: https://medium.com/@icoauthpapercoin
Add up on Telegram: https://t.me/authpaper_group
Follow up on Reddit: https://www.reddit.com/user/authpaperICO
Follow up on Twitter: https://twitter.com/authpaper
Follow up on LinkedIn: https://www.linkedin.com/company/authpaper
Follow up on Bitcoin talk: https://bitcointalk.org/index.php?topic=5047321.0
Follow up on Facebook: https://www.facebook.com/Authpaper
Author: izrhel
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1665429
Disclaimer: This piece was written and published with respect to the pre-stated terms of the above bounty crusade.
Please note: I am neither a project team member nor a representative of the organization but a supporter - in terms of publishing explicit articles – about this plausible and innovative project.
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