IDM

IDEAL DATA MEMORY (IDM)

This is a decentralized blockchain platform that provides a distributed data storage system where security against both loss and theft of data.

PROS:

• Highest level data security due to post-quantum encryption hence preventing any data attack by hackers
• The platform provides  automatic full recovery of the  file or data in theft cases  even if 98% of the data  has been lost
• The platform  has full autonomy  as the SIZE  algorithms performs the monitoring of the storage nodes, the quality of individual nodes, their reputation  and distribution of data  while all the settlements with miners and users are administered via blockchain
• Total transparency of the system due to use of blockchain enable the users to easily access their stored information at their desired time without any limits
• The platform enables the users to earn without having  more effort and additional investment as the users can easily lease memory on their devices  and receive continuous remuneration
• The platform white paper is  well established  giving the users  the required  and necessary information on the project in ensuring all the users data are fully secured
• The platform team has adequate and relevant skills and experience  in Information Technology (IT) which is a necessity in the platform full implementation

CONS:

• Fewer project advisors are involved
• The platform IDM token is not exchangeable with fiat and cryptocurrencies
• The loss of the private key denies the users access to their wallets

SUGGESTIONS:

• The platform should involve more project advisors to help in guiding the project
• The IDM  token should be made compatible with other cryptocurrencies and fiat to enable the widespread use of the project
• The platform technical team should develop a mobile application supported by Android and IOS  to enable smartphone users to easily access the platform

NOTE:

The platform easily enables the users to securely store data through the use of SIZE making their information inaccessible by the hackers or any unauthorized personnel. This promotes me to invest in the project.

Highly technical project with a strong team to boot. Product makes sense and is poised to solve issues from a commercial viewpoint and also on the Blockchain level, positioning it as a superior cloud data storage solution.

The project has several striking advantages distinguishing it from competition and typical ICO projects:

absolute data protection (“one-time pad” principle);
clear business model and marketing strategy;
experienced team;
implemented and patented technology.
Disadvantages of the project: difficulty in understanding data storage technology, encryption algorithms
may prevent from appreciating unique advantages provided by the IDM service.

If the SIZE software is as good as the company claims, then this company will be successful. It’s actually simple. The software sounds amazing and easy to sell, so there is not much to go wrong here, except in the case that it is not as good as IDM claims.

Our verdict is that you should consider participating in IDM’s sale as soon as you get more information about it.