Essentia - The Next Generation Layer of Interoperability and Data

in bitcoin •  7 years ago 

Nowadays a user’s data and different platforms are not interconnected, and that causes too much inconvenience. Of course, new Internet technologies do emerge, but still, they cannot put the platforms together. All in all, the Internet community needs solutions interoperating with the old centralized resources useful to make the paradigm shift happen.
Yes, we possess our data. 

Yes, we can prove that we have it on different platforms, but how to put it together into a whole new network and replace old non-working models providing powerful interactions? Essentia is the answer.

Essentia

Essentia is a modular decentralized interoperable system and data management framework.

It has two main components: Essences and Synergies.

  • Essences interlink data across multiple services. Such data can belong to individuals, companies, groups or organizations, creating decentralized Internet users. 
  • Synergies link different platforms, resources and modules together for interoperation.

Developers can build more powerful and efficient applications on the Essentia framework, combining all the best technologies around the globe.

How does it work?

The Essentia framework saves the users’ IDs, data, desktops, files, accounts, software, wallets, logins, excluding third-party or centralized services involvement. The user can get his data from anywhere on a reliable operating data platform.

The platform is protected by cryptography and the blockchain-based systems. So, the user is also able to instantly and securely gain access to on-chain and off-chain third-party services interacting with them. It’s up to him to decide whether to share his information or not.

The user’s data can be encrypted and maintained in a decentralized storage. The users’ encrypted data is not publicly connected with the ID. The data can only be used by its owner and by the person given the access to it.

Users are also able to have their own personal system. They can dispose of their data and digital belongings by using a decentralized platform. 

ESS Tokens and ICO

The ESS Tokens will be periodically redistributed in equal proportion to the users’ stakes. They will play a significant role in the ecosystem evolution. This provides a user’s possibility to make offers to data services with the ESS Tokens. The user would also have access to exclusive Essentia resources.

A part of the ESS Tokens will be reserved in order to promote the Essentia Framework integration and reward active users for their involvement, participation or resource-sharing.

The token sale started on 30 April 2018. It will close on May 15. The total token supply will be 1,7 bln ESS Tokens. Now, the creators of the project have already sold 595 mln ESS Tokens.

How do you manage your data? Write in the comments below.

You can find detailed information on the following links:
Official website
Whitepaper
Bitcointalk ANN Thread
Bitcointalk AMBASSADOR
Telegram
Twitter
Bitcointalk Username: CapnBDL
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=212645
My Ethereum address: 0x577FA2553Af35908072Af7fc61270fd98022002b

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It's such a powerful project with the experienced development team, thanks for the review. I'll participate in this campaign since I'm seeing great prospects!

Yes, it's really an excellent project with great prospects! I'm sure you will be satisfied!

I store my data on my computer and do not trust the cloud storage, because the existing storage is centralized.

Now you can trust because the cloud storage will be decentralized!

Interesting project, thanks for describing it, he interested me. It turns out that all my data will now be stored in a decentralized vault and third parties will not get access to them?

No third parties will be able to use your information! This is the whole point!

Unfortunately, while I do not manage my data, they are just kept by me. With such a platform it will be great to open access to the data to anyone I want.

I'm sure that in the future everything will be possible!

Now our data will be automatically recorded in Blockchain? And surely scammers and hackers will not be able to access them?

blockchain is the safest technology!

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Will developers be able to create applications on the platform? I just do not understand what these applications are and how they will work? I'll try to understand by studying Whitepaper

Be sure to read the technical documentation and you will find the answer to your question!

I was interested in this project, the idea is not bad, and the sphere is more than promising, so perhaps I will take part!

If you have an interest in this project, be sure to connect. When I feel something interesting, I always take part. My intuition almost always sees good companies!

The author, as always, explained everything in detail and correctly, thanks to him! I'm attracted to this project and I will add it to the investment portfolio!

And it will be the right choice!

Keeping our data, but what is it for? I never keep anything, and I do not like that I keep my correspondence or visited sites and much more.

Then you can not store your data!

Will these guys get the project to a high level? What do you think? It seems the team is experienced and everything is done at a high level.