Upfiring (UFR) ICO

updated 01 January 2018

Increasing File Availability. A Reason To Seed.

Whitepaper
Token sale info
LVL
Status: ended
Start: 03 October 2017
End: 31 October 2017
Cap: No info
Goal: No info
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Upfiring

About Upfiring

Upfiring is a peer-to-peer (P2P) distributed file-transferring platform designed at its core to enhance the way files are shared between users. By decentralizing the file-sharing process, Upfiring completely removes the middleman and allows users to directly exchange information via the blockchain network. Upfiring utilizes the Ethereum ecosystem as its primary platform for transaction-processing [11]. By encrypting communications on the blockchain and allowing nodes to communicate directly, Upfiring can function as a fully-decentralized exchange for files and value transactions - allowing users to download or seed their own files at will. Distributed networks are able to collaborate in a trustless manner without a single point of failure [1]. In addition, smart contracts regulate all transactions by overseeing the encryption of files, verifying proof-of-ownership, and guaranteeing a seamless transfer of value. The use of smart contracts allows for the objective management of transactions without requiring authoritative supervision. The emergence of these technologies have reflected a much greater attitude shift towards the use of the internet – the growing preference for decentralized, trustless applications over centralized, third-party-controlled services. 

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