What is TopiaCoin?
Topia will use data encrypting and their own patented security in conjunction with the emergingly powerful Blockchain tech to give users the most powerful, secure and decentralized file sharing infrastructure (SDFS) known to date as they claim. With SDFS, people and organizations will be able to easily and securely share their digital assets without the need of a centralized computing system.
How Does TopiaCoin Work?
Since there is no central server to speak of, users will be able to share their data with confidence that all transactions are completely private, safe and secure. And that each transaction is done so in a way that agrees with the blockchain. The SDFS infrastructure will handle any type of file regardless of size, guarding it against numerous threats at the same time.
Topia is planning on developing and releasing a succession of libraries that are designed to provide users with a mandatory secure infrastructure that will connect digital assets to blockchains in a private and secure peer-2-peer manor. The Libraries are said to give combat proven security that will make for faster time to market for the users.
They offer the following in Regulatory Compliance Offers:
- SAFT Risk Factors
- SAFT Purchase Agreement
- Summary of Principal Terms of the SAFT
- Token Term Sheet
- Token Risk Factors
What is the ICO on TopiaCoin?
The Token Coin Allocation is broken up into different sectors. There will be 15% held for reserve. And another 5% held for special projects and Network Investments. 10% is allocated to Employess and another 2.66% for friends and advisors. And then the other 60.7% will go directly to public sale.
As far as how the proceeds will be broken up, 65% of it will go directly into technology and network development. There will be another 30% that goes directly to Sales, Marketing & Token Community Development. The last 5% will go to developing in special projects.
As they stated, the security is battle tested and ready to go. The technology that Topia uses is patented and shreds the data into different chunks that can be configured. Then each chunk of data is wrapped with its own unique encryption key. This makes the digital asset completely safe and secure, impenetrable and impervious to TLS/SSL exploitation. Basically, it is 100% safe from any type of middle man attack or hacking. They claim it will be the most safe and secure, impervious and unmatched method of file sharing and all from a decentralized, high-speed way.
Users can share assets like wills, medical records, financial information, deeds, agreements and much, much more. Every transaction will be secure and private with the power of blockchain technology. You’ll be able to easily and securely share any digital assets of any type or format.
Regardless of the file type or size you’ll be able to share it. Even photos, videos and movies can be shared. Tax documents and any other type of information will be able to be shared. SDFS is the first of its kind and said to be completely unmatched for privacy and security in a digital world. And once everything is said and done with a transaction, your data will be shredded, re-encrypted and reconfigured to guarantee its safety. Only the recipients in your blockchain will ever have access to the data.
TopiaCoin in Conclusion
Topia seams to be a great new start up that will give people the added security needed. It’s a dangerous game online when speaking about sharing data, even the largest companies are sometimes hacked. But with the new blockchain technology, people will be able to rest safe and secure about their data.