ENDO is yet another really good project based on the blockchain technology; a data verification service.
So once again, I'm here with another massive project based on the blockchain technology. The blockchain technology is the revolution needed to change the world. Blockchain was introduced to the world in 2009 when the first ever cryptocurrency, Bitcoin was created and from my previous posts I have talked extensively about the Blockchain Technology and its various applications to different industries. Now the blockchain technology is being applied to data creation and verification.
When we talk about data creation, I mean 'data' in the real sense of it. We create big amounts of data everyday, just by going about our daily activities and most people do not know it. Let me ask a quick question; how exactly do companies like google, facebook make the fortune they make; its because of the tremendous amounts of data we create just by going about our business. When we search for things on google, order things and even just use the google platform the way it was designed to be used, we create data. It is same for facebook and other companies alike. These companies make use of the data we create without any efforts of seeking consent hence our privacies are being violated.
There should be a stop to the unauthorized used of data created by people and the team behind the 'Endo Blockchain Protocol' has come up with a ground-breaking solution by leveraging the blockchain technology. The Endo Blockchain Protocol is essentially a data verification service where information or data is not just available to anyone; there are different levels of access to different information. Endo has one major goal of creating a certified ecosystem that is made secure and houses different types of data and to this effect, the Endo protocol has introduced a way to convert the paper based identity documents of its users to a digital form.
Thanks to the Endo Protocol, personal data is now made secure and only available to third parties by the consent of the data creator.
Apart from the unauthorized used of data, we also have the case of identity theft and forgery. Most times diplomas and certificates are forged to gain new clientele or to obtain higher positions at work places and this is possible because these data are paper based but imagine a platform where these documents are stored in the digital form and can only be accessed by an electronic signature for verification purposes; all these with the help of the blockchain technology. This is the Endo Blockchain Protocol.
Endo Subsystem Architecture.
Endo Protocol.
The Endo Protocol is essentially a set of rules and these rules describe and determine the interaction between different units of network, enabling the secure communication as well as the transfer of data between them. The Endo ecosystem effectively facilitates the storage and exchange of data and the Endo protocol, as highlighted above, describes the exchange, storage and access to various data.
The Endo Token.
The Etoken is the designated token of the Endo platform. With the Etoken, checking and exchange of data between users of the Endo platform is made possible.
The softcap is set at $5,000,000 with hardcap set at $15,000,000. The token distribution is as follows:
40% of total supply is allocated to the tokensale, 15% is allocated to liquidity fund, 15% is allocated to incentivization + C-pool, 14% to the team, 12% is allocated to the advisors, 2% to referrals and 2% to the bounty campaign.
Token Rotation Scheme.
Roadmap.
2013-2016 (STAGE 1)
-Team formation.
-Successful implementation of 80+ outsourcing projects.
-GoFocus LMS platform launch.
-Pipercat service for marketing automation and autofunnels building launch.
2017 (STAGE 2)
-Idea formation.
-Customers development.
-Platform testnet private launch.
-ENDO docs MVP.
-First integrations connected to ENDO docs.
Q1 2018 (STAGE 3)
-Private presentations with market whales.
-Shipping company connected to ENDO workflow.
-20+ companies confirmed intention for integration.
-Platform code optimization.
Q2 2018 (STAGE 4)
-Marketing campaign.
-Road show.
-Platform interface MVP.
-Token sale.
Q3 2018 (STAGE 5)
-Platform testnet public launch.
-ERC20 token distribution.
-ENDO KYC App beta.
-ENDO docs app public launch.
Q4 2018 (STAGE 6)
-Platform mainnet launch.
-ERC20 Token to EToken exchange.
-MyENDO launch.
-ENDO scoring mechanism launch.
-ENDO workflow app public launch.
-Protocol patent registration.
2019 (STAGE 7)
-EOS smart contract integration.
-Multi-blockchain architecture.
-ENDO reviews app launch.
-ENDO base app launch.
-Integrations support.
2020 (STAGE 8)
-Government Lobbying.
-Apps update.
Useful Links:
Website:https://endo.im
Whitepaper: https://endo.im/whitepaper
Telegram: https://t.me/endo_en
Facebook: https://fb.me/endoprotocol
Twitter: https://twitter.com/endo_protocol
Medium: https://medium.com/@endo_protocol
Reddit: https://www.reddit.com/user/endo_protocol
Writer's Bitcointalk username: kitanodebunmi
Writer's Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=12985