The Distributed Public Key Infrastructure Protocol (PKId) REMME released its testnet sidechain demonstrating the strongest use case for enterprise blockchain.
REMME, the developer of blockchain-based access management solutions, announced its sidechain testnet open to public testing by companies and developers. REMME testnet offers companies the taste of the benefits that the blockchain gives in terms of security and transparency.
Since the completion of the token sales in February, the REMME development team has focused on refining its proprietary REMChain for distributed identity and access management (IAMd) and Public Key Infrastructure Requirements (PKId). The release of testnet sidechain means that the REMME technology is ready to be tested in a complete business environment.
Commenting on the milestone, Alex Momot, REMME's CEO, admitted: "The interoperability of the public blockchain and sidechain brings exclusive synergy to shape the future of adoption. technology for the company.The sidechains we have developed allow companies to archive key data (certificates) in a decentralized way, eliminating single points of failure and allowing integration with existing business systems (ERP, CRM, accounting software) etc.), While the public REMChain guarantees high-level authenticity and security that protects data with a strong Proof-of-Service consent algorithm.
As a result, businesses enjoy multiple benefits of blockchain technology, which still operate in the framework they are used to. Now we can not wait to demonstrate the efficiency and security of this system for storing key data when we introduce or a sidechain community. "
A pilot program that receives applications since October 2017 has attracted the interest of nearly 300 global companies that try to test REMME PKId protocol and password-free authentication system.Applicants range from small IT companies to fintech companies with over 500 million users and a telecommunications company with 640 million customers REMME now encourages the op-dev community to join and contribute to the development and implementation of the REMME Distributed Public Key Infrastructure protocol.
The testnet version has a number of functionalities including the REMchain block explorer for block checking and the status of the REM in-touch token transactions in real time to perform operations within the testnet, monitoring of the five-node REMChain node all over the world and demo application REMME WebAuth.The next development phase to be introduced in the fourth quarter of 2018 implies the public REMChain powered from a network of master-nodes operating with a custom Proof-of-Service consent algorithm.
The culmination of intensive research by the REMME development team, the sidechains are the clearest signal to date that the distributed PKI infrastructure and access management systems will be successfully adopted by companies. Blockchain will act as a trusted network providing a valid alternative to password-based systems.
REMME is a distributed public key infrastructure and enterprise access management platform platform that replaces the traditional password-based access approach with digital certificates. Uses different PKI protocols / standards (eg SSL / TLS, x.509, etc.) And blockchain technology to protect the entire channel from attack and to help IoT, the financial infrastructure, MedTech and the blockchain companies to address the problems associated with access security shortcomings.
The REMME key components are: REMChain, REMME public blockchain with a Proof-of-Service consent algorithm and decentralized applications (DApps) created on it and incentivized by the REM token.