Emercoin EMC Mining Apps That Pay

The EMC Antifake programme Functioning on the Emercoin platform, EMC Antifake is an anti-counterfeit and product tagging system that uses Emercoin's blockchain technology. EMC Antifake allows manufacturers to create a unique ID or 'digital passport' for each and every product unit that comes off their production line. These 'digital passports' are stored by the manufacturer in Emercoin's, thus allowing the manufacturer and their customers to verify the authenticity of every product. Counterfeiting damages brand reputation and creates cautious customers which hurts sales. EMC Antifake solves the counterfeiting problem for manufacturers, while the non-replicable 'digital passport' provides a valuable bridge between customer and product. The 'digital passport': • can be used by manufacturers to record all events occurring during the lifetime of the product e.g. Manufacture, sale, resale, service, repair, etc.

• provides a technologically enhanced customer experience that guarantees security allowing confident purchase decisions while also deterring against theft. • allows for better communication from customers, increasing the customer's sense of individual connection with the brand and product. • allows for better communication to customers e.g.

Articles Collections TV Collections Apps TV Apps. Whether you are into bitcoin mining. PPC), NameCoin (NMC), ObitsCoin (OBITS), Emercoin (EMC.

Offering loyalty bonuses or other incentives like discounts, extended warranties, etc, helping the brand better understand their customers. Thanks to the tools provided by the Emercoin team, all that is (minimally) required from a product manufacturer is to apply specialized tags or labels to their products. Optionally, the manufacturer can install a specific security program for analysis of sales data, though this isn’t required and may be done after deployment. The EMC Antifake technology is available to try now - and it won’t cost anything. EMC Antifake is in the pilot stage and the Emercoin team are ready to provide introductions to the technology and assist with the tools necessary for successful product integration and launch. How does it work in a practical sense? For products still at the factory (or distributor’s storage), QR codes in the form of a label or tag are applied to each package.

Each individual product gets its own unique tag, containing a unique serial number given to it by the manufacturer. A second code – the 'purchase code' – exists inside the packaging of the product, or on the inside of a two-layered tag (see image). In the store, the customer scans the code with their smartphone.

There is no specialized app required (almost all smartphones have a QR code scanner app built-in or ). For a genuine, unsold product, a page will be displayed providing information about the product and the manufacturer, confirming that the product has not been purchased before, and that it is authentic. After a customer buys the product, the other code can be accessed (inside the product packaging or by tearing off the top layer of the two-layered tag).

When the second code is scanned, another page will open, on which the code undergoes cryptographic verification, and if the product is authentic (because the code is authentic), the customer will be able to register their purchase. Upon registration the customer may have the ability to create an account or interact with the manufacturer of the product in other ways (for instance, to leave comments), and can also take ownership with a record in the blockchain. Optionally, the manufacturer may ask the customer to answer a survey, or to fill out their profile, motivating them to do so in various ways (extended warranty, cashback bonus, service opportunity, future discounts, etc).

The digital passport allows the manufacturer to verify the authenticity of the customer. Attackers who try to forge goods can not make valid serial numbers tied to the manufacturer without having the cryptographic keys that the manufacturer possesses. If an attacker manufactures fake tags with nonexistent codes, they will not be recognized by the system, and customers will be warned when trying to verify the code. If an attacker purchases a product and copies the tag multiple times onto their own products, the system will know that the product has already been purchased and after the first purchase of any forged product will warn all subsequent potential customers.

On top of that, the product initially purchased by the attacker can be marked 'unauthorized', which may help, among other things, to identify the criminal. Only the holder of the manufacturer's private cryptographic key can produce valid labels capable of passing verification.

It is important to note that due to the nature of, even the software developers and verification websites cannot create fake labels that would pass verification tests. In practice, there may be a single existing private key kept secret by the CEO of the manufacturing company (though we strongly recommend keeping backup copies in reserve) and without that key, no one can make a label that will pass the test! Also note that, cryptographic tokens ('coins', 'crypto-currencies') are not used in the verification process, so the EMC Antifake authentication technology itself cannot be subject to any crypto-currency related regulations that may otherwise apply.

Example scenarios You (manufacturer) would like us to create a series of test tags for you If you are a manufacturer who would like our help to trial EMC Antifake during its pilot stage then please today. During the pilot we may be willing to take on all of the work, to produce several dozen labels for you and provide the required cryptographic keys, all free of charge within the timeframe of a few days. All you'll need to do is apply the labels to your products.

What Is Mining PACcoin PAC Mean. Introduction Emercoin Coin, or “Emer” for short, is a decentralized blockchain project that allows immediate payment to people all over the world. Emercoin is based on peer-to-peer technology and operates without central monitoring.

Verification of payment transactions and confirmation of payment transactions is carried out via the network by consensus. Emercoin Coin is based on pieces of code from Bitcoin, Namecoin and Peercoin and combines their components with its own coding. In addition, the Emercoin Blockchain is increasingly being used by other services. In the center is the so-called Emercoin Name-Value-Storage (NVS), which enables the storage of name-value pairs on the blockchain. What is the goal of Emercoin Coin? The Emercoin Coin cryptocurrency is one of the world’s leading block chain and currency platforms. Emercoin enables users to exchange money and valuable information, regardless of location and time.

The service is fast, safe and inexpensive. The focus here is on full control and security of the money. In addition, transactions should be made possible without high costs. Through the offered block chain service, the transmission and reception of information should be possible at any time. The use of passwords should also be simplified and transferred to the block chain. Furthermore, the aim of Emercoin is to protect and protect the personality of people.

This is why Emercoin Coin wants to prevent the theft of personal data using the blockchain. In particular, the transfer of data during the payment process can be regulated individually by the user. Who is behind Emercoin? Emercoin was founded by eight Russian developers and is publicly represented by Oleg Khovayko, Eugene Shumilov and Stan Polozov. Oleg Khovayko is an expert in cryptocurrency and finance and is responsible for the technical aspects of cryptocurrency and blockchain.

Eugene Shumilov is the founder and managing director of Emercoin. Stan Polozov is the chief developer with many years of experience in the IT industry.

Mining and boundary of the currency As Emercoin is a cryptocurrency, mining is also a central component. Mining is based on the proof-of-stake principle (PoS) and on the proof-of-work principle (PoW). However, the mining of the Emercoin coin is increasingly focussed on the PoS principle, as tracking PoW becomes more difficult over time. The limit of the currency is dynamic, as the algorithm provides for an increase of 6% per year. Current valuation and market capitalization Currently, the price of an Emercoin Coin is $1.22, bringing the total market capitalization to $50.2 million.

The daily trading volume is approximately USD 370k which means that around 1% of the total currency is traded daily.