Review ICO ENDO

in endo •  6 years ago 

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At the moment, there is a tendency in the world to transfer all personal information to electronic media. Passports, insurance policies, diplomas, bank accounts and other paper documents have long been found in electronic form. The world is changing around. Technological progress penetrates into all branches of industry, medicine, education, etc. Innovation is also necessary due to a number of fraudulent transactions related to forgery of documents. To date, there are many cases of forging a signature or printing on paper, which is a serious problem. Despite this, people continue to use this type of storage and recording information, because they were not able to provide a worthy alternative.
Blasting technology will give them an innovative way to store information and eradicate all fraudulent activities in this area! And one of the leading companies in the direction of preservation and verification of data on the block is Ecosystem Endo

Platform

The developers have created a project, due to which they want to restore the trust of users. The Endo project is a decentralized ecosystem that includes a data verification process, a blocking technology and the Endo protocol. They will be given unique opportunities to create different types of detachments (private and public), where they can have their own personal level of access to information and put forward their conditions for sharing these data with different companies. The platform has developed a unique protocol through which applications have already been created that can transfer all paper information to digital media. The developers assure that by the end of 2019 everyone can create their own applications based on this protocol.

The platform provides large organizations with the ability to exchange / trade data using Endo ecosystem tokens. The entire exchange process is completely secure, transactions are performed at high speed and in a reliable environment.

The developers set the main objectives of the platform:

Provide convenient access to information and reduce the possibility of forgery to a minimum
Increase the level of user confidence in data verification
Create a decentralized model for data access.
Ensure free access to your information and monetization.
Benefits

Advanced system of verification of personality.
Because of the need to constantly go through the registration of KYC, your confidential information is able to get to the scam and be used for its benefit. The Endo platform offers a safe and very simple verification procedure that takes a few minutes.

Reliable data turnover
Endo is an ideal option for organizations that want to safely turn documents in private encrypted blockroom. The documentation will go through the process of verification and transformation into an electronic form. At will, the company can provide access to this information to third parties. This helps reduce paperwork for workers and will increase the productivity and effectiveness of the entire work process. The platform undertakes to be the guarantor of the invariability of the received documents.

Security - hashing and data encryption.
All data on the Endo platform undergoes the encryption process using the public or private AES key, while the SHA algorithm is used to hash the data.

High transaction speed.
Endo is a block system based on the DPoS consensus algorithm, which achieves a speed of over 65,000 per second. This will instantly exchange data in the system and reduce the cost of storage and processing ..

Mining
The whole process of mining is based on DPO - it is the most democratic algorithm with high speed and excellent scalability of the network, in which each miner is selected by the whole community by voting.

System Scoring.
It includes:
Evaluation of data. Due to the fact that applications accumulate a large amount of data over time, they can be too vulnerable to data.The system is used to certify that the information about the organization is current and reliable at the moment.
Evaluation of users. Used to increase the trust of the community to the profile and to get the most out of the application. Requires KYC.
Reputation system. The participants of the platform have the right to vote for the companies they like. Each user has his own voice, depending on his reputation.
In the future, developers are planning to connect the multi-blocker property to send the hash to several blockers at once.

Technology

ENDO Protocol is responsible for interaction between layers of the ecosystem, verification procedure, describes the structure of the program interface, encryption and hashing of information.

Blocking is one of the most important links in the entire Endo ecosystem, which contains the entire amount of data. The management of all transactions on the platform, data verification and storage, the use of smart contracts, the authentication of organizations is responsible for blocking.

Storage
Each user has the right to choose how to store his data: Centralized way - Dropbox, Google Drive; decentralized - StorJ, IPFS.

Endo Core is a dextop application that is responsible for encryption and hashing, data reception / transmission, information transfer logic with the integration API.

The API includes 2 groups - Channel between blocking and integration of Endo Core; API as a way to connect between applications.

Available applications of the Endo system.
Endo Admin is a specialized application for payment transaction and connection API. The main purpose is to store encrypted data, configure all applications and organize the verification process for the user account.
MyENDO - is responsible for collecting all data in one interface and providing access to them.

Procedure for distribution of ICO tokens

The main token for executing all transactions on the platform is EToken - the ERC-20 standard on the Ethereum block. It is used as payment for verification and payment for goods, for mutual exchange among organizations, and also used during voting in the system. By means of a token, the authors of the applications are remunerated.

The main sales are at the moment. The end of August 25, 2018.
Token: ET
Total will be issued: 100,000,000 ET
40% of the total is allocated for the main sales.
Softcam: 5 000 000 USD (Already compiled)
Hardcup: 15 000 000 USD
Deposit:: BTC, ETH, ADA, BCH, LTC, Fiat.
Price of the Token: 1 ET = $ 0.45
To withdraw funds from the purse after the ICO, KYC is required.

The project looks very interesting. The developers plan to create a real product, which is very necessary in our time. I want to pay attention to the reverse communication of developers with the community. All individuals are open and lead an active social life with constant reports and videos on their pages. This inspires confidence in the project and the confidence of investors, as indicated by the figures collected
(software collected in 5 million dollars). With interest I will follow the development of the project.

Website: https://endo.im/
Telegram channel: https://t.me/endo_en
Twitter: https://twitter.com/endo_protocol
Facebook: https://fb.me/endoprotocol
Whitepaper: https://endo.im/whitepaper/

My profile: https://bitcointalk.org/index.php?action=profile;u=2196132
Uniqueness: https://text.ru/antiplagiat/5b7cf69c165e0

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
ADACardano0.097$3.96%-0.9%
BCHBitcoin Cash552.659$5.43%6.67%
BTCBitcoin6712.948$5.6%6.01%
ETHEthereum288.349$3.44%1.32%
LTCLitecoin57.669$5.66%3.65%

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