Authpaper (AUPC) ICO Details & Financial Information

In the era of information technology, technology advancements have changed human lives by a lot. However, document delivery, especially commercial and important ones, are still following years old methods, physical mailing. Physical mailing takes a lot of time and spends a lot of resources.

There are ways to deliver data via digital channels like emails, BitTorrent, instant messaging and centralized servers. However, only physical mailing allows the document to be confidential, provides trustworthy mailing record, and easy to use. Hence, it is still dominant even in this highly digitalized world.

Besides, it is well-known that all printed documents/ credentials are potentially subject to forgery. Every year, billions USD has lost directly due to document fraud.

With a vision of “building trust across real and digital world”, Authpaper limited has been providing document anti-forgery software solutions for years and obtained patent, academic publications, supports and international awards.

In this project, we would like to combine blockchain and other current technologies to build a peer-to-peer digital data delivery platform. All data delivered is confidential except the specified recipients. Data is verified to be unchanged down to every single bit.

Operations on the data are properly done and recorded among the peers so that the delivery histories are public verifiable yet unforgeable. Peers are rewarded by delivering the digital data and helping to run the platform with good will.

This platform also works as a decentralized document certification and circulation system. It allows users to issue documents under their email / name and send to other like certificates. Authorized people can “sign” a data (e.g. contract) from others and cannot deny it afterwards. The protection can be readily extended to even the physical copies, with our award-winning document authentication technology.

Authpaper coins (AUPC) (ERC-20 based) is released in this ICO to raise fund for development and testing of the platform. When the platform is ready, investors can exchange the AUPC to the stamps in Authpaper delivery platform and enjoy the service.