Technological advancements and revolutions over the years have yielded tremendous growth and development over the years, resulting in the achievement of the overall wellbeing of millions of individuals using the services of the internet. For efficiency in the use of the internet, the user has to provide their data(I.e personal details) to enable the system to run the punched in command. Uploading personal data to the internet is not the major challenge for users, but the assurance that their data would be safely kept. One of the core problems facing users is the issue of data theft by hackers, who steal into users privacy and collect their data illegally, this development has made users be more careful in uploading their data whenever it's requested of them. This challenge has persisted for too long a time, and its high time something is done to rectify it, with the creation of the Endo protocol platform, comes the platform that verifies and supplies authentic data information that is securely kept for its users to make use of any time, any day. Also, though it's blockchain smart contracts, it ensures the safekeeping of users data and protects it against hackers attack, enabling users to be assured of their data safety.
ABOUT ENDO
ENDO is a blockchain, a protocol, and provider of diversified data verification services. The ecosystem belonging to Endo protocol is creating a decentralized platform for variable data. The kind of data that people and robots will rely on remotely, instantly and securely. Making use of Endo protocol, private and public blockchains can be created, level of access to information can be configured, including the conditions for data exchange between various organizations, and personalize and protect data. Given the proficiency of the Endo protocol platform, applications have been created that allows the transfer of paper documents with ink signatures to digital ones; an individual can obtain a digital certificate of their identity, brand items with which to create a digital passport of authenticity. As early as the beginning of 2019, anyone will be able to create their own applications based on the Endo protocol.
The Endo ecosystem allows organizations and clients to get involved in the exchange of information and also use the services rendered with the Endo token. Applications and products have one major goal, and that is to create a single secure and certified environment for any type of data. Users can now manage their personal, corporate and public information their achievement awards, indicators, a transaction using the Endo platform. With clients permission, the platform provides secure access to your stored information to third parties. The Alpha version of the very first Endo based is already in use by large organizations, transport companies, and universities in Russia. With the level of development achieved thus far, the following basic functions are available in the Alpha version: creation and publication of documents in the test networks, cancellations, distributed documents, acknowledgment, open API and OAuth for integration with institutions. For token used on the platform for exchange and payment is the EToken.
WHY THE ETOKEN IS INDISPENSABLE
- for verification of data
- data exchange between organizations
- can be used when receiving servicemen or paying for goods related to the use of verified data
- used to vote for the development of the protocol and determining economic parameters of the system
CHALLENGES
- system centralization
- inconvenient storage system
- modification or deletion of information
- too many verification processes
- absence of styled convenient data source
- data exchanging between countries is rather complicated due to the need for translation and apostille assurance
- inefficient manufacturing and protection process
- unnecessary consumption of resources
SOLUTIONS
- increase in the level of trust in important data
- easy access to data
- decentralization of data access model
- creation of a standard ontology for different types of data, both for typing and simplifying the exchange
- flexible and convenient control of data exchange
- monetization of data is done through a single source
- ability to control access to the users own data
- ability for users to monetize their own data.
TOKEN AND ICO DETAILS:
Token: ET
Price: 1 ET = 0.375 USD
Bount: Available
MVP/Prototype: Available
Platform: EOS
Accepting: BTC, ETH, LTC, FIAT
Minimum investment: 300 USD
Soft cap: 5,000,000 USD
Hard cap: 15,000,000 USD
Country: Singapore
Whitelist/KYC: KYC
Restricted areas: USA, China, Canada, Singapore, New Zealand,
Iceland, Thailand, Afghanistan, Burundi, Balkan, Burma (Myanmar),
Cote d’Ivoire, Cuba, Democratic Republic of Congo,
Democratic Peoples’ Republic of Korea, Iran, Iraq, Liberia,
Lebanon, Libya, North Korea, Rwanda, Sierra Leone, Somalia,
Sudan, Syria, Tanzania, Uganda, Zaire, Zimbabwe
SUMMARY
Since the invention of the internet, many companies have emerged whose sole duty is to collate, save and help retrieve users data. Over the years, this has been run by centralized platforms who has total control of the user's data making them the ones in charge, but with the invention of the Endo platform, users have gained back control over their data and have full right to monetize it if they so wish.
ROADMAP
PARTNERS
To learn more about this revolutionary Project, visit the links below:
Website: https://endo.im
Whitepaper: https://endo.im/whitepaper
Medium: https://medium.com/@endo_protocol
Twitter: https://twitter.com/endo_protocol
Telegram: https://t.me/endo_en
Writer: xratedx
bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2257524