ENDO

Cintashany01

ENDO PROTOCOL, DEVELOPMENT OF SMART CONTRACT VERIFICATION.

All the good time of the day, in this article I would like to share my opinion on the Endo project.

Endo - an open source platform with business and user applications, running from the blockbuster.

To date, the scope of data management is experiencing a number of difficulties :

Falsification of data. When obtaining licenses and certificates, people often forge banking transactions.
Expensive storage. To keep important documents safe, many companies deal with unnecessary storage costs.
Centralized data verification. When institutions centralize their databases, they can manipulate information at their discretion.
Integration. Hackers can enter fake or malicious data, which can negatively affect the system as a whole.

Blockchain technology has allowed companies to deliver more reliable systems for data validation and management. Distributed registry technology can provide an easily accessible tool that can improve business data exchange processes, asset management, system state changes.

Cryptographic algorithms prevent the appearance of false information between the participants in case it falls into the hands of scammers.

These functions allow companies to maintain the security of confidential commercial / personal data and at the same time to be effective and easily managed, for example, by medical or financial institutions.

In this figure, you can see the applications associated with this platform:

In connection with these problems, developers offer a number of solutions :

Blockchain + storage. Information is stored in different repositories: Dropbox, Storj, Amazon, IPFS, FTP / SSH servers
Protocol. Defines the rules for interaction between ecosystem layers
Platform. Performs decentralized logic of verification, data exchange and circulation
Applications. Platform applications developed for users and enterprises
API. Open interface for creating applications and automating business logic

Storage of data occurs both centrally and decentralized. The application owner creates a choice for storage.

ENDO implements interfaces for connecting to different types of storage, so that connected applications have more choice to solve the problem of data storage.

The ENDO protocol is a set of rules, algorithms and business process logic that describe the interaction of subsystems among themselves. The ENDO protocol regulates the general interaction between network devices, allows them to securely communicate and transfer data among themselves.

The ENDO protocol describes the following objects and processes:

Data checking.
Hashing, data encryption.
Algorithms for providing access to data.
Cryptography Cryptography used to protect data and interactions between applications.
Structure of the open and closed software interface.
Ontology of data.
The structure of data storage, the structure of interaction with local and cloud storage.

As a test of business applications ENDO Docs and ENDO Base, the main parts of the protocol based on the Graphene Blockchain platform were implemented. At the moment the team is working on narrower cases, analyzing vulnerabilities, testing the effectiveness of the protocol; implementation of the protocol based on the EOS fork as a public ENDO network, and Hyperledger as a private network of organizations.

Whitepaper . On the website of the project, anyone can see the white paper of the project in English. The link is at the bottom of the article.

Token sale.

To participate in the public sale of tokens will be available until August 25, 2018.

When buying tokens now you can get a discount of 16%

Softcap: 5 000 000 USD

Hardcap: 15,000,000 USD

The minimum investment is 100 USD.

In this figure, you can clearly see the structure of the distribution of tokens:

Roadmap . The road map is presented on the project website, calculated until 2020.

Team . Also on the project site there is information about the developers and advisers of the project, links are attached to linkedin, so if you want, you can get acquainted with each member of the team in detail.

In conclusion, I would like to say that this project is of interest to me, since the data management sphere really experiences a number of difficulties and needs innovations. And the Endo project offers good solutions for this, and I wish them the best of luck in translating their ideas into reality.

for details of this project please join:

Website : https://endo.im/

ANN : https://bitcointalk.org/index.php?topic=4193980.msg38337025#msg38337025

White paper : https://endo.im/whitepaper/

Facebook : https://fb.me/endoprotocol

Twitter : https://twitter.com/endo_protocol

Telegram : https://t.me/endo_en

Youtube : https://www.youtube.com/channel/UCMy8l1hrfGd5B9idyQTH4KA?view_as=subscriber

Reddit : https://www.reddit.com/user/endo_protocol

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

Medium : https://medium.com/@endo_protocol

Author of the article: