ENDO. A New Way to Manage Your Data

in #data6 years ago (edited)

Documents that people receive during their lives are printed on paper, although the paper is not suitable for long-term storage. Paper easily spoils if liquid spills on it, the paper is easily torn, dirty, and also becomes unusable if you accidentally wash it with pants. Paper documents are easy to forge or lose, and verification of information takes a long time. You can also remember the cut down trees for the manufacture of paper for documents or fees that have to pay for documents. Naturally, this situation creates a favorable environment for the bureaucracy, because we are talking about such important documents as passports and diplomas, as well as contracts, orders and invoices.

Fortunately, the paperwork is getting smaller with the advent of the digital age. Perhaps one day you will no longer need to stand in queues for hours waiting for certificates and statements. However, there are drawbacks - today the theft of electronic information and even the identity of people has become commonplace. ENDO developers came to the rescue and offered a comprehensive solution for the protection and storage of information that can change the world.

ENDO platform

ENDO is a multi-layered ecosystem for tracking, storing and verifying data on the blockchain.
With the platform you can:

  • create public and private blockchains;
  • set levels of access to information for categories of users;
  • protect information from unauthorized access;
  • create applications, for example, to "digitize" paper documents.

The platform will be useful for companies and ordinary users and will facilitate the process of information exchange between them.

ENDO Ecosystem

ENDO consists of five interconnected layers:

  • Blockchain to record hashes of the data and implementation of smart contracts.
  • Storage. The user chooses services for data storage - centralized (Google, Dropbox), decentralized (Storj) or blockchain.
  • The ENDO Protocol, which ensures the coordinated work of the ecosystem components.
    ENDO Core is the basis of applications that serve to create new applications and perform functions that do not require special privacy.
  • API- an interface for creating applications and sharing data with them.
  • Applications that are used to solve information verification tasks.

The components are closely interlinked to create a secure, decentralized storage environment that you can trust.

The Advantages of the Platform

The ENDO ecosystem will simplify and speed up the verification of information. For example, it will not be necessary to check the history of the employee's work, since the history of labor relations will be recorded in the blockchain. This will be appreciated by the HR Manager, who will not need to call previous jobs. The information cannot be falsified or rewritten, because the hash is stored in the blockchain.

Scope of Application

ENDO can be used to organize electronic document flow, which will accelerate the interaction between departments of enterprises. It will be enough if necessary to present digital copies and will not need to carry the originals with you. This is useful for working in the company or when hiring and applying to Universities.
The traditional scope of the blockchain is fast, transparent transactions and execution of smart contracts, ENDO blockchain is no exception. The decentralization will ensure the safety and reliability.

ICO Details and Token Economy

The ET token will be used for payments between users for verification of information. 40% of the issued coins are planned to be sold on the ICO, which will be held from June 20 to August 25. The bonus depends on the time of purchase of tokens, the earlier - the greater the benefit.
The minimum investment is $100, Softcap is $5 million and Hardcap is $15 million.

Conclusion

The ENDO ecosystem uses the blockchain to make the world more honest and people's lives easier. The idea proposed by an experienced team of developers is noble and promising. The developers have already released an alpha version of one of the applications, which is used by enterprises in Russia. I want to believe that the team will cope with great competition and will have time to release a high-quality product before others.

For More Info Check The Links:

Website: http://endo.im
Facebook: https://fb.me/endoprotocol
Telegram: https://t.me/endo_en
LinkedIn: https://www.linkedin.com/company/endofication/
Twitter: https://twitter.com/endo_protocol

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Very interesting thanks for sharing dear

VERY PROMISING THANK YOU FOR THE INFORMATION THIS WOULD BE A GREAT SERVICE TO ADMINISTRATION

Thanks for the feedback,@adamaslam!

Your post had been curated by me, of the @buildawhale team, and mentioned here:

https://steemit.com/curation/@buildawhale/buildawhale-curation-digest-08-14-18

Keep up the good work and original content, everyone appreciates it!

Failed project

Well, why did you think that? Very interested in your opinion, @ching-chong ! The project collected softcap at the moment.

I see it doesn't serve practical purposes, just my $0.02.

Now there are a lot of projects dealing with data storage and protection and I think it's good. competition will give us the best product. In principle, ENDO wants to make the life of an ordinary person easier, but it will take time to implement and implement the idea.

very interesting project, I think it is a great service for all types of organizations, currently the protection of information as well as easy access to anywhere in the world is a great advantage that facilitates the whole process as well as the reduction of expenses to the organization in stationery and consumables

I agree,@witorr ! Users will get many benefits if the project is successful and fulfills its promises. thanks for the feedback!

Fascinating! I think that the blockchain technology is more and more impressive every day, I'll be watching your publications. Greettings

Blockchain technology is the technology of the future and someday it will be commonplace for everyone,like coffee for Breakfast. thanks and best regards, @mrbeleren!

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