ESSENTIA COULD BE ALL YOUR COMPANY NEEDS FOR SAFE DATA COLLECTION AND KEEPING

Due to the numerous risks, personal data's face each day, it's mal-use by companies and bodies who are in control of people's personal data, there have been some developments in most countries to fight against such irregularities as seen in the data sector. Some of this measures which have been put in place to address this issues are GDPR.

Now, let's look at what GDPR is all about

GDPR stands for General Data Protection Regulation. GDPR is a new law in Europe with regards to how personal data is handled. This will be effective come 25th of May 2018. GDPR was put into consideration due largely to the risks personal data's have been exposed to. Personal data's gets traded, bad men use it to achieve their own ends, and the individuals who own this data isn't aware of all this. Before one can access some major applications, which are needed for our day to day activities, we all give away some vital information about us and if we choose not to, we get logged out. But because we need access to this apps, we're left with not enough other choices than giving our data out. Essentia is bringing this scenario to an end as control and ownership rights are moving back to us the users. GDPR mostly concerned about safe collection and safekeeping of personal data.

GDPR is operational in the EU. It works in two ways: whether your company is in the EU or your clients are EU citizens, and you deal with personal data's, it's required of you to be GDPR compliant as this is the only way the EU citizen’s data's can be secured. There's also a penalty should in case this companies have a data breach or expose a client's data to third parties.

Now with the GDPR, most companies who need personal data information to expand their customer base or develop new customer trend, and could not get a GDPR compliance, this companies can rely on Essentia for the data they need as Essentia will serve as the bridge between them and individuals whose personal data will be used by the company.
This is one of the numerous benefits which Essentia has in install for everyone. Be it an individual seeking to have control over their data or a company in need of personal data without going against the GDPR rules, Essentia is all you need to care for your data needs as both individually or as a company.

IMPORTANT LINKS
Website: https://essentia.one/
Telegram: https://t.me/essentia
Whitepaper: https://essentia.one/whitepaper.pdf
ANN thread: https://bitcointalk.org/index.php?topic=2704531.0

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