You probably know that cyber attackers steal the passwords of internet users every day. And when these cyber attackers steal the passwords, they use them against the interests of their real owners. Well, it’s commonplace to see people use the same passwords for accessing the services of multiple websites, making them vulnerable to password thefts. This practice is quite understandable given that people want to access any website of their choice with ease. But the fact of the matter is, while using a single password for a wide range of websites makes web access convenient, it comes with a demerit. Not sure what demerit that is? Fair enough, let’s break it down for you.
Password Theft
If an attacker steals a single password you use for accessing lots of websites, the person will able to access your financial account, social media account and a host of other web services. Much as everyone understands that password is something they must keep close to their chests, they often become helpless when an attacker gains access to the password, using it to literarily wreck them.
At this point, you may be wondering: isn’t it better I generate lots of passwords so that I don’t become yet another victim of password theft? But no, you don’t need to bother with that as there is a way out of this problem.
Solving the Problem
REMME team has developed a blockchain-based solution that enables messages to be routed over trustless networks, securing the content of the message as it passes through the network. This cutting-edge, tamper-proof mechanism uses the capabilities of PKI (Public Key Infrastructure) to achieve its goal. PKI provides the much-needed sync for digital signature, data encryption and authorization, enabling the framework to earn integrity, data confidentiality and easy access over a wide range of network protocols respectively.
Architecture of REMME
With REMME ecosystem, web users who are often worried sick about their password security can now breathe a sigh of relief as it (REMME system) delivers a decentralized, tamper-proof and convenient platform specially developed for password protection. Supported by X.509 certificate, REMME platform features server-side software that constantly checks the status of the certificate on the blockchain.
Apart from having an existing certificate support, REMME platform also allows users to implement plugins for content management system as well as incorporate more certificates into the existing trusted certificate list.
Furthermore, to carry out operations on REMME platform, users are expected to acquire REM tokens and pay for such services.
**Benefits of REMME Platform **
The benefits of the REMME platform are encapsulated below:
REMME platform offers users an effortless means of securing their login parameters on the blockchain
It eliminates the possibility of software/hardware vendors and CA (certification authority) collusions
It promises a fast certificate revocation process
REMME network guarantees single point of trust for different systems, such as easy single-sign-on implementation, and global authorization
The charges that carrying out operations on the system attract are competitive
It has no legal limitations/restrictions.
All these and more are the benefits that make REMME platform brings to blockchain.
Conclusion
In conclusion, blockchain technology is evolving, and the platforms that will define the future of crypto world will be those that solve a major problem in the crypto sphere. There is no doubt that REMME platform will be one of the most sought-after cryptocurrencies in the industry when it launches because it is solves the most critical setback of the industry: password security. Therefore, investing in REM token won’t just offer you better ways of securing your passwords, but it also mirrors an investment which opens up whole new vistas for you.
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Author - Coltpython
