ENDO Protocol: Verifying Data For Proper Management

in #endo6 years ago

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OVERVIEW
The massive turn around in the level of technological advancement is extremely huge and recently the non stop modification of the Digital Era which grows daily without reduction in the effort invested.
Recently, numerous technological project has taken over and replaced the previous traditional methods across various industry with the unification of the internet which invariably has made huge wave to this Era and we have witnessed a plethora of activities been done online. Implications of this are that Data and information are being constantly entered or passed around on the Internet. All these activities is marvelous but it makes possible for certain unwanted practices such as data breaches, stealing of private information, data loss, wrongful usage of data and falsified Data and other menance that makes the environment porous
.

HUGE CHALLENGES

The level of falsification involved in data is now extreme and common as individuals tend to take merit of the current data system and falsify their data to carry out improper, unlawful as well as dangerous activities. It’s even more worrisome to record such data can’t be properly verified thereby permitting the said purposes of the perpetrator that indulge in these acts.
Often, many problems involving wrongful data utilization in the advertising industry whereby certain firms and company buy users private data and use them in target advertising which is highly considered an infringement in privacy by the user. This sadly also goes on in some other sectors just in a different way. There is also no watertight way of securing Data and information as the current system is hugely centralized, I could go on and on about the various challenges facing the Data industry but on a brighter side of things.

UNIQUENESS OF ENDO Protocol

• ENDO is a Protocol that handles the problem relative to tracking of certified data and encrypted storage of data. Companies and individuals would be conveniently permitted to engage in information and service exchange using the ENDO Token on the ENDO Ecosystem. On the ENDO ecosystem, all your Data would be securely stored in a single place and only authorized third parties by you would be granted secure access to your stored Data.

• ENDO protocol creates medium for information to be easily verified.

• ENDO protocol encrypts Data stored on the platform. Not just that, ENDO came to revolutionize the traditional methods of data storage by taking it to the purely digital storage where your various paper certificates and documents can be stored in the digital space.

• ENDO protocol uses Blockchain technology to store and verify available data.

• Via its decentralized nature as well as it’s smart contract capabilities, it functions would be easy as well as highly effective. Worthy of note is that you can develop your own dApps with ENDO.

• It can very well be used across various sectors such as the Banks, Education, Medical Institutions, and Know Your Customer/Anti-Money Laundering (KYC/AML).
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TOKEN ANALYSIS

EToken is the utility token of the ENDO project. EToken would be the digital currency which verification fees can be paid for and facilitate data exchange between system users. Users will receive ENDO Tokens as a reward for granting access to their data.

Ticker: ET
Platform: Ethereum (ERC20)
Total supply 100,000,000 ET
Soft Cap: $5,000,000
Hard Cap: $15,000,000
Accepts: LTC, ETH, BTC
Country: Singapore
ICO date: Jun 20th, 2018 — Aug 25th, 2018
Price: 1 ET = $0.375

FOR MORE INFORMATION KINDLY ACCESS 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

Facebook:
https://fb.me/endoprotocol

Instagram: https://www.instagram.com/endo_protocol/

Author : Dulo Wegner

Btt profile
https://bitcointalk.org/index.php?action=profile;u=1196236;sa=account

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