AUTHOREON: Authorization Certification Verification Certification in a Decentralized

Authoreon is decentralizing authorization, authentication, verification and certification and thus securing previously unsecure instances and functions.
The Authoreon solutions prevent fraud, cyber attacks, material and immaterial identity theft, and they provide an all-over traceability to supply and ownership chains.

With cyber-attacks, password breaches, identity theft and document fraud on the rise, it becomes very obvious that the current online safety measures are not sufficient.

In addition we face increased national security concerns — often in conflict with privacy and data protection regulations, as well as major challenges in IOT security, copyright and intellectual property protection, and reputation management.

Furthermore, increased quality awareness calls for a traceable product identity and history in the supply chain and ownership chain.

PROBLEM:

“Document fraud is an important enabler of organized crime and terrorism, clearly. There is a whole subset of criminal activity and a criminal sector that is involved in stealing passports and producing sophisticated passports and supplying them to the criminal market.”

— Europol Director Rob Wainwright

SOLUTION:

Authoreon is also addressing this use case by enabling the issuing authorities to store document data securely in the blockchain, as well as by providing the corresponding verification tools e.g. to police and border patrol.

PROBLEM:

All the devices that are connected to the internet create access points with which hackers can infiltrate a company’s network.

SOLUTION:

Securing access by authorization in the Internet-of-Things, is another area Authoreon will address.

PROBLEM:

The 2017 Identity Fraud Study from Javelin Strategy & Research finds that Identity thieves, who commit financial fraud with stolen account information, hit 15.4 million Americans in 2016 (16% up from 2015) and stole $16 billion dollars, which is a nearly billion dollar year-to-year increase.

SOLUTION:

Authoreon will provide an immutable digital identity for consumers, as well as the corresponding verification tools for verifying parties. Secured by our Access Lock layer, the Smart-Contracts-as-a-Service will efficiently protect your identity

PROBLEM:

Companies know where things start and where they end up. But how they get there, and what happens between each checkpoint, is relatively unknown. E.g. Food is an extremely sensitive product. It needs to be carefully handled, it needs to be kept within certain temperatures to ensure quality, and it needs to be tested so that spoiled orders don’t end up at a grocery store deli counter — or served in your Chipotle bowl. The challenge with adhering to all these regulations comes down to the fact that many of the processes that make up a food product’s supply chain are severely outdated. They are done manually, with orders being tracked by warehouse workers.

SOLUTION:

Authoreon will provide an effective and automated supply chain management solution. Secured by our Access Lock layer, the Smart-Contracts-as-a-Service will efficiently track, monitor and control shipments of products such as food and other quality products.

Authoreon is based on Ethereum, a public, open-source, censorship-
resistant and innovative blockchain protocol and distributed computing platform, that provides a decentralized Turing-complete virtual machine (the Ethereum Virtual Machine (EVM)) enabling the execution of smart contracts.

The Ethereum Blockchain achieves consensus using a Proof-of-Work algorithm, which uses a hash function to create conditions under which each single participant is allowed to announce conclusions about the submitted information. The results can then be verified by all other participants in the system. A false result is excluded by the parameters of the hash function, as it will fail to compute. Participation in the system will be incentivized by the common mining functionality.

Smart contracts usually also have a user interface and often emulate the logic of contractual clauses. Proponents of smart contracts claim that many kinds of contractual clauses may thus be made partially or fully self-executing, self-enforcing, or both. Smart contracts aim to provide security superior to traditional contract law and to reduce other transaction costs associated with contracting.

The Synapse layer is responsible for storing data safely and effectively and verifying identities against the stored access authorization.
As the intermediary between the blockchain (Proof-of-work) and the access lock layer (Proof-of-Stake), the synapse protocol also generates temporary access for authorized instances.
It also keeps the blockchain light and fast by substituting the stored data — resulting in an increased performance, faster block processing times, as well as the ability to process more transactions in a single block.

The access lock layer acts as the gate keeper, processing incoming requests to
the synapse layer and granting temporary access if the requesting instance is authorized. For this purpose we developed the key-algorithm, providing one static key with a dynamic (temporary) key only if the other key is still valid by authorization and vice versa. Access is only granted to two dynamic keys.
This mechanism replaces the traditional two-factor authentication enabling a wide range of potential applications.

Monetization

Since we propose solutions to different use cases, different customer groups — each with a different pain and different transaction volumes — we have an individual module-based pricing. This applies to a monthly subscription fee per module, as well as to an individual transaction fee.

Authoreon aims to be at the forefront of authorization platforms in the blockchain. For this purpose Authoreon is proposing this Initial Coin Offering (Crowdsale). Participants send funds to an Ethereum Smart Contract. The Smart Contract mints tokens instantly and sends to user’s online account. These are available for withdrawal upon the close of the crowdsale. Once completed (total duration or maximum tokens issued) the Ethereum
funds are then transferred to a Coinbase multi-sig escrow wallet.

The Authoreon ICO is targeting fund raising from a minimum of $500.000 to a maximum of $34,000,000 USD due to development, current cash flow and scalable marketing needs. Autheon token (AUTH) will be available for ETH 0.00133333. Contributions are accepted in ETH only at this point. Bonuses of 25% to 5% in Autheon tokens are offered to early contributors.

Authoreon.io Pte. Ltd. (in the course of incorporation) is the operating entity that will be contracted by the foundation to build and deploy the core decentralized application, as well as be a candidate for future implementations. Please note that the foundation ultimately has the final decision as to where funds will be allocated and what companies will be contracted. Some functionality, security audits, etc. may require third-party
vendors and service providers to work independently or jointly with Authoreon.io Pte. Ltd. (in the course of incorporation).

Our five year goal is to be at the forefront of securing authorization,authentication, verification and certification in the blockchain, with users and customers all over the world, securing thousands of assets and transactions per day — for private users, corporations, governments and organizations.

We envision numerous SCaaS modules to serve a wide range of use cases, and a high adoption rate due to the platforms’ usability as well as the fact that Authoreon will be owned by the crowd!

Site https://www.authoreon.io/

Whitepapper https://www.authoreon.io/Authoreon-Whitepaper.pdf

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