Authoreon platform is a blockchain technology based online platform for decentralizing authorization, authentication, verification and certification of other exiting online platforms. With the current increase in the rate of cyber crimes globally it becomes very obvious that the current security system that’s in place for those exiting platforms are not adequate to cater for the persistence security needs of these online platforms.
According to the company’s official whitepaper, that apart from the above stated problems there are additional issues facing the entire online security system as quoted below;
“In addition we face increased national security concerns- often in conflict with privacy & data protection regulations,as well as major challenges in IOT security,copyright & intellectual property protection, and reputation management.
Furthermore, increased quality awareness calls for a traceable product identity and history in the supply chain and ownership chain.
The failure to secure data, to verify identity and to grant access only to authorized instances is causing billions of dollars in damage each year,while the most valuable asset at risk is trust”
The major objectives of Authoreon therefore is to help solve these above mentioned issues; prevent online document fraud, cyber attacks, password breaches, material identity and immaterial thefts. Authoreon platform provides complete traceability to supply and chains ownership. Authoreon vision is to become one of the largest companies in the field of online security using the blockchain ecosystem.
Authoreon is based on Ethereum smart contract Network, a public, open source censorship resistance, innovative blockchain protocol and distributed computing platform that provides a decentralized Turing-complte Virtual machine EVM enabling the execution of smart contract.
Authoreon platform want to lunch an initial currency offering(ICO) starting from 5th August, 2017 and last till 14th October,2017. The company will supply 1000,000 000 Autheon Token(AUTH) to investors at a certain price. Authoreon Crowdsale targets to raise a minimum of $500,000 to a maximum of $34,000 000 USD due to development of current cash flows and scalable marketing needs.
According to the company’s official whitepaper the funds raised during the crowdsale will be used in the following ways;
“Received funds will aid in the final development of the platform, conducting pilot studies,
and expenses related to bringing to market and maintaining.
Autheon tokens are convenient, efficient and economical forms of payment for services provided on the Authoreon platforms and are not securities to be used for speculative trading purposes. There is no public market for the Autheon coin token and there is no guarantee on the future value of the Autheon coin token. The possibility exists that the Autheon coin token could be worth nothing.
Ownership of AUTH carries no rights, express or implied, other than the right to use AUTH as a means to obtain Services, and to enable usage of and interaction with the Platform, if successfully completed and deployed. In particular, you understand and accept that AUTH do not represent or confer any ownership right or stake, share or security or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to the Platform,and/or Company and its corporate affiliates,other than rights relating to the receipt of Services and use of the Platform, subject to limitations and conditions in these Terms and applicable Platform Terms and Policies (as defined below). AUTH are not intended to be a digital currency,security, commodity or any other kind of financial instrument”
Authoreon platform has a very powerful and reliable managerial team with a healthy mix of software Engineers, Blockchain developers and consultants, Design Experts marketing and Branding specialists, all committed to the success of the platform. Some of the team members include people like Chris Heinze(Blockchain Architect/CEO $CO-founder), Anthony Vipond(Blockchain Developer $ Co-founder), Dexter Andrews(Marketing Director $ Co -founder), Ali Zain(Blockchain Developer $ Co-founder) and Ajay Dhande(Full stack Developer $ Co-founder). However there are other team members that are not mentioned here but be seen in the company’s official website.
For further details visit;
Authoreon Website: https://www.authoreon.io
Author’s Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=994327