Less than 10 days after completing a successful token sale, REMME is to release the alpha 0.1.0 version of its Core protocol.
REMME is a project aiming to completely circumvent the use of passwords and provide a far more secure and robust solution for human and machine authentication. This is being achieved by building a distributed Public Key Infrastructure protocol (PKId) and a set of Access Management DApps on top of it.
The current work on the alpha version of the product was preceded by a lengthy process of research. This explored the development of a balanced economic model for the REM token and the choice of a suitable platform for the implementation of the sidechain.
After numerous experiments, it was decided to develop a custom blockchain for the core of the platform. As a foundation, REMME uses Hyperledger Sawtooth, as this is the most relevant blockchain for the requirements of the REMME product.
The first release of REMME Core 0.1.0 alpha laid the foundation for the REMME protocol: the architecture and high-level logic of working with SSL / TLS certificates has been developed and the basic elements of the economy of the REM token have been integrated. A command-line interface (CLI) for convenient access to the core functionality (issuing and revoking certificates, transferring REM tokens between users) has also been incorporated.
This is the third iteration of the product presented by REMME team. In early 2016, the first closed beta version of REMME product was released on the Emercoin blockchain, and the second version on top of the Bitcoin blockchain was presented later. The main requirement for the new system is to provide potential customers with constant prices and high throughput and compliance with state-of-the-art standards.
For the next release, the REMME team plans to focus their efforts on the inter-blockchain token migration component, which will facilitate the use of the REM token, initially released on the Ethereum platform, on the REMME blockchain.
To learn more about REMME please visit remme.io.
Images courtesy of REMME
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