AUTHPAPER – P2P Secret Data Delivery With Incentive Blockchain + BT

Hello everyone here, as I always do I welcome you guys once again to my little world that I always used to share my views about blockchain projects and startups. In this post, the project that I will be sharing with you guys is Authpaper and I will try all my possible best to summarily share what you guys ought to know about this project. There’s no time to waste, let’s ride on.

Let me quickly discuss what blockchain technology is all about.

WHAT IS BLOCKCHAIN TECHNOLOGY?

According to wikipedia, Blockchain is originally known as bloc chain, It is a growing list of records known as blocks which is linked using cryptography, each of these blocks contain a cryptographic hash of the initial block, a transaction data and a time stamp.

When Nakamoto satoshi discovered and introduced bitcoin in the year 2008, there has been serious efforts to integrate the blockchain technology into several aspects of various process of global business.

The blockchain technology has been described as having the potential to disrupt many industries with immutability, low-cost transaction, and enhanced maximum security.

So many other blockchain implementations have been deployed and developed with

unique features designed to specific use-cases.

The blockchain technology has made possible to issue assets through a distributed ledger framework. With cryptocurrency tokens, Assets can be given economic value in order to validate and initiate transactional processes.

Kindly watch the video presentation below.

ABOUT AUTHPAPER

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. Operations on the data are properly done and recorded among the peers so that the delivery histories are public verifiable yet unforgeable. Peers are rewarded by delivering the encrypted pieces of digital data and helping to run the platform with good will.

There are ways to deliver data via digital channels like emails, BitTorrent, instant messaging and centralized servers. However, only physical mailing allows the document to be confidential, provides trustworthy mailing record, and easy to use. Hence, it is still dominant even in this highly digitalized world.

With a vision of building trust across real and digital world, Authpaper limited has been providing software solutions on e-document anti-forgery based and testing web and mobile applications against common cyberattacks. The core technology inside Authpaper Limited is based on an award-winning research project Authpaper by Solon during his research study. Authpaper Limited also developes blockchain-based solutions for their clients. Recently, an e-document blockchain signing solution is created which allows users to circulate and sign a document, all signatures are certified by solicitors and signing records are stored on blockchain. Authpaper Limited is research oriented company, holding at least one PCT patent already since founding 2 years ago.

Besides, it is well-known that all printed documents/ credentials are potentially subject to forgery. Every year, billions USD has lost directly due to document fraud.

In this project, we would like to combine blockchain 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 digital data and helping to run the platform with good will.

This platform also works as a decentralized document certification and circulation system. It allows users to issue documents under their email / name and send to other like certificates. Authorized people can “sign” a data (e.g. contract) from others and cannot deny it afterwards. The protection can be readily extended to even the physical copies, with our award-winning document authentication technology.

Authpaper coins (AUPC) (ERC-20 based) is released in this ICO to raise fund for development and testing of the platform. When the platform is ready, investors can exchange the AUPC to the stamps in Authpaper delivery platform and enjoy the service.

ISSUES ARISING

In the era of information technology, technology advancements have changed human lives by a lot. However, document delivery, 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.

WAY FORWARD

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.

APPLICATION OF AUTHPAPER

FOR COMMERCIAL PURPOSE: 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 companies and authorities to issue certificates.

LEGAL AND COMPLIANCE: With this platform, the document is delivered. If the delivery fails, the project fails. It complies with the legal and compliance needs.

SYSTEM MAINTENANCE: With this platform, companies can secretly send the snapshot online. All data is checked. Data is sent via IT protocol. On the download side.

COPY RIGHT AND 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

External resources like funding, test users and marketing partners are necessary for this platform to happen. 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. We will provide an offer to exchange the coins with Authpaper stamp once the platform is ready, 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