Essentia will protect user data by providing complete privacy management to users

in cryptocurrency •  6 years ago  (edited)

Friends, if you are reading this article, then most likely you are an active member of the cryptocurrency universe.
I think you often face the problem of storing passwords,keys, backups.

This is no secret that the use of blockchain technology helps to make the sphere in which it’s used open and safe. At the same time, the problem of your personal data safe storage concerning wallets, apps and exchanges can cause serious trouble if you, for example, store this data on your computer.
In connection with the increasing cryptocurrencies popularity, the hackers' activity is also growing, aimed precisely at your personal data.

I think that many of you are now puzzled by the issue of security and I am no exception. To diversify the risks I have a lot of different wallets for coins and my storage system is very complex: it includes a large number of paper storage media, flash drives with keys, backups and passwords. I get scared sometimes that if I lose my memory, I won’t be able to collating all the information from all my data carriers.

Recently, because of such an inconvenient storage system, I lost access to one of my wallets. The situation is unpleasant, but I hope that it will be solved in time when I find passwords and keys in my information stores.
From all of the above, it is clear that our decentralized digital life has long required a solution for secure and convenient access, creation and storage of data.

And this solution already exists!

Essentia has developed a kind of secure storage container and its own blockchain-based operating system that allows to manage them effectively. The goal of the project is to combine the best centralized solutions with blockchain into a single structure, creating a new, more productive form of digital data management.

The Essentia infrastructure consists of two key system elements:

  • Essences- manage data and relationships, linking the applications and modules in one protected structure. This element is used to store various data: it can be data of organizations, private and legal entities, etc. Data associated with each other using the subID parameter and the rights of access to personal information provided by the smart -contract, which excludes any manipulation of the data.

  • Synergies - modules that control the links between application data and different structures. These modules can be integrated by third-party developers for their own projects created on top of the Essentia protocol.

How Essentia works

Users get access to the platform and its functionality after the KYC verification procedure is completed. Essentia provides secure storage and efficient data management without third-party intervention. Protection is provided by eLogin, which replace ineffective passwords.
Users and companies can reliably delete unused data without worrying that it can be used in some way. Such reliability is provided by public blockchain -transactions which can be transparently monitored and be sure of the final data erasure.

The Benefits Of Essentia

  • Users and companies can manage the data of different applications from a single interface.
  • Essential supports PoS and master nodes, providing depositors with dividends of 10% per annum.
  • A flexible and user-friendly framework with a high level of transparency and security provided by the blockchain.
  • The creators of Essentia have developed an original protocol and open source software, available to the public.
  • Essentia works on any platform. You can use the framework through a browser, desktop application, mobile application or command line interface.
  • StorJ, IPFS and Siacoin as additional storage of configuration files.

The economy of the token. Details ICO

ESS tokens are based on the standard RC-20 Ethereum blockchain and are used for payments within the Essentia platform, as well as third-party products that integrate Essentia solutions. Using ESS tokens, users and companies get access to applications, protect data from spam and intrusive advertising.And also users will be able to leave feedback on the platform's performance, so that the platform will be better, and users will be encouraged. The user who runs the masternodes, ESS are paid as a reward.

Conclusion

Another big plus of the platform is the working product! At this stage, you can test the platform! To do this, you must register here: https://app.essentia.one/.
Attention! It is necessary to save the Private Key and SEED. It's important!

I'd like to draw your attention to the fact that the company is accompanied by strong partners and advisors, including such giants of the blockchain industry as Bitcoin.com, ICO Alert, Amazix and others.
Essentia recently introduced its new partners - Ether Delta and Flyp.Me. This will facilitate the free exchange of currency, as well as the ability to make deals on the exchange quickly and safely.

The idea of the platform is well thought out and implemented, as well as the structure of the project was developed. The ability to manage personal data without the intervention of third parties and defend against advertising spam will make Essentia popular among both companies and individuals. Essentia has every chance to become one of the leading global decentralized platforms.

More details can be found on the links below:
Website: https://essentia.one/
Whitepaper: https://essentia.one/whitepaper_draft.pdf
Telegram: https://t.me/essentia_one
ANN thread: https://bitcointalk.org/index.php?topic=2704531.0

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How good . Indeed, privacy and personal information in the electronic environment are really important. Thank you for your information

@raha , thank you for your attention!

With the inceasing risk of data insecurity this is a great move forward in the right direction. Well done

@melbourneswest , thanks for reading. I also believe that the security of data is an important issue in the world where we live! Our whole life consists of data.

The project has an interesting structure. I'm going to the website! Great review!

@pokoleniebit ,thank you! good luck!

Now I'm thinking about how I keep my passwords and keys. The project is very interesting and I think that many people will be interested in the solution from Essentia.

@andryukha,agree) Moreover,judging by the amount collected, people are already interested in this project!

@resteemator is a new bot casting votes for its followers. Follow @resteemator and vote this comment to increase your chance to be voted in the future!

An interesting project with a strong team. I think that the project will be successful.

The project is very promising and many investors understand this-look at the results of fundraising.

I also have a complex system of storing information...But it seems to me that it is more reliable than to keep all the information in one place.

We have similar thoughts!

Sad story about the wallet... I hope that you will be able to find the key and reunite with your wallet!))Good luck!

I have a Ledger. for secure access to the wallet is the right option. I want to try the solution from Essentia. Thanks for the review!