Idea & Token
Nowadays, people are still frightened to use Blockchain applications because of high risks, poor usability, and problems with security mechanisms and seamless integrations. Hundreds of millions of USD are stolen through scams or lost because of wrong addresses. Tenzorum is creating a key management protocol that will provide the infrastructure to allow users to interact with decentralized applications across multiple chains, and do it in a user-experience friendly ecosystem. Every key in the network is encrypted by using a Quantum proof and crypto-unbreakable algorithm. Users will be able to verify each other’s keys in order to maintain network integrity and security. One more concept they use is a user will be able to decide what role he/she wants to play in the crypto-world. In the end, Tenzorum is aiming to create a decentralized web of trust similar to a social network.
There is no information about Tenzorum’s token yet. Please follow their Telegram channel for the latest news. Since the project is on its early stage you have a good chance to buy tokens on the most profitable terms.
Here is what they say about themselves:
“Tenzorum is a real Open-Source project created by a global grass-roots community of Blockchain Developers, Engineers, Designers, Academics, Economics and Crypto Enthusiasts to make decentralized technologies truly accessible to everyone. You can become part of the community contributing with ideas, feedback, code, design, support and spreading the word about Tenzorum Project.”
The team consisting of 10 people is led by two co-founders – Moritz Neto and Daniel Bar. Both are Blockchain entrepreneurs with an excellent education and experience in product management. All in all, the team looks pretty solid. They also have 5 advisors.
Tenzorum hasn’t yet a whitepaper, but it’s known that the structure will be built with master nodes that sounds very promising. The project is truly open source and driven by a serious team. For this moment, Tenzorum does have competitors but looks preferable if compared. Plus the team has established partnerships with a dozen of companies and scientific institutions, including Nebulas and Stanford. Anyway the team should accelerate to implement the product as soon as possible.
A promising project on its early stage aiming to resolve the lack-of-trust problem of blockchains by using secure keys.
Tenzorum ICO datesexport to calend
There is a clear problem in the current management model that users and service providers use to control, store and manage their seeds, private keys and other modes of access and credentials to interface with the distributed Ledger. While scalability is understood as
the current major issue to be solved in the public Blockchain space. It is evident that the designed user-experience and users interface to private keys, login portals, digital and hardware wallets, funds and keys storage, are the major factors that are hindering the mass adoption of Blockchain decentralized technology and hence the major inhibitor for real decentralization to take place.
Tenzorum Project is committed to the self sovereignty of key management systems. To achieve this, protocols need to be developed, integrated and be bridged through APIs to general third party decentralized products. The reason self sovereign key management systems are so important is that end user ownership and control of keys is at the heart and the basis for truly decentralized technology interfaces and user experience, without making compromises to the original cypherpunk values of creating trustless models.