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About Authoreon
With cyber attacks, password breaches, identity theft and document fraud on the rise, it becomes very obvious that the current online safety measures are not sufficient.
Authoreon is decentralizing authorization, authentication, verification & certification and thus securing previously unsecure instances and functions.
The Authoreon solutions prevent fraud, cyber attacks, material and immaterial identity theft, and they provide an all-over traceability to supply and ownership chains.
Authoreon architecture
The overall Authoreon platform architecture involves several components that leverage the properties and characteristics of blockchain technology, cryptography, artificial intelligence (AI) and substitution algorithms to provide maximum security, authorization and traceability.
Authoreon is based on Ethereum, a public, open-source, censorshipresistant and innovative blockchain protocol and distributed computing platform, that provides a decentralized Turing-complete virtual machine (the Ethereum Virtual Machine (EVM)) enabling the execution of smart contracts.
In general, a blockchain is a distributed database that enables a digital ledger of assets and transactions, which are shared among a distributed network of users, and are thus tamperproof.
Utilizing advanced cryptography, a blockchain enables each participant on the network to interact securely with the digital ledger and without the need for a central authority. Since each participant in the network holds a copy of the blockchain and all former transactions are constantly revalidated before an addition can be made, it is extremely difficult to change or remove data in the blockchain.
Whenever a participant wants to add an asset or transaction to the blockchain all other participants in the network run an evaluation algorithm to verify the transaction. If the majority of nodes agree that the transaction is valid, the asset or transaction is authorized and written to the blockchain.
Smart contracts are decentralized programs that function on defined rules created with scripting languages, which can be either integrated into the protocol or dynamically created. They facilitate, verify, or enforce the negotiation or performance of a contract, or that make a contractual clause unnecessary.
Smart contracts usually also have a user interface and often emulate the logic of contractual clauses. Proponents of smart contracts claim that many kinds of contractual clauses may thus be made partially or fully self-executing, self-enforcing, or both. Smart contracts aim to provide security superior to traditional contract law and to reduce other transaction costs associated with contracting.
The Synapse layer is responsible for storing data safely and effectively and verifying identities against the stored access authorization.
The access lock layer acts as the gate keeper, processing incoming requests to the synapse layer and granting temporary access if the requesting instance is authorized. For this purpose we developed the 2²- key-algorithm, providing one static key with a dynamic (temporary) key only if the other key is still valid by authorization and vice versa. Access is only granted to two dynamic keys.
This mechanism replaces the traditional two-factor authentication enabling a wide range of potential applications.
While the blockchain uses a Proof-ofWork algorithm to achieve consensus, the access lock layer will deploy a Proof-of-Stake function, which is similar to the Proof-ofWork system, however participation in the consensus-building process is restricted to parties identified as having a legitimate stake in the blockchain, e.g. individuals who own Autheon coins or customers with a lot of assets or transactions in the blockchain. Here, the hash function calculation is replaced with a simple digital signature which proves ownership of the stake.
Authoreon Product
- Platform
- Mobile App
- Smart-Contracts-as-a-Service
- Plugins, APIs & Marketplace
MORE DETAILS READ WHITEPAPER
Crowdsale
The Authoreon ICO is targeting fund raising from a minimum of $500.000 to a maximum of $34,000,000 USD due to development, current cash flow and scalable marketing needs. 1 Autheon token (AUTH) will be available for ETH 0.00133333. Contributions are accepted in ETH only at this point. Bonuses of 25% to 5% in Autheon tokens are offered to early contributors.Autheon tokens are used to access certain functionalities of the platform including registering a new asset, transferring an asset, and a variety of other authorization features. The Autheon Token does not represent or confer any ownership right or stake, share or security or equivalent rights.
Crowdsale starts from
5.Aug. 2017 and close 14 oct. 2017
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