ENDO

ENDO

Melati21

ENDO - Certified Data Verification Protocol.

Greetings Community, In this new post I will introduce about ENDO project, and for more details let's just go to the following discussion.

ENDO is a Protocol that solves the problem of certified information tracking and encrypted data storage. The ENDO ecosystem allows organizations and users to participate in information and service exchange through the ENDO Token. The ecosystem will store all your information in one place and will provide protected access to your stored information to third parties of your choice. Organizations can connect to their own applications on the ENDO Platform through API to inter-trade information, and users will receive ENDO Tokens as a reward for granting access to their data.


Problems of information

In the modern world there are problems related to information:

  • deception - people can deceitfully receive value;
  • Loss of storage - the storage of formal information is expensive. In the transfer of securities, the human factor is still involved;
  • Centralization of data validation - the monopoly of institutions on the management of valuable information: modification, deletion and censoring;
  • Counterfeiting systems - the problem is few to anyone obvious. But we all live in contact with systems that can deceive. And it is almost impossible to prove, because fraud is embedded in the system itself. For example, culture and history. Although, we will return to the examples. 


Endo solution

ENDO is an ecosystem that integrates applications to manage verified information and provides an infrastructure for their development and maintenance.


Visually, this system can be represented as follows. See the picture. 

These are five layers. The central layer is the platform, it is the core of the ecosystem that is responsible for its logic. The layer above is the application developed on the platform. Even higher is the API, the element of connecting the ecosystem with the outside world. The protocol is even higher, it plays the role of the language in which organelles of the system communicate. And the final layer - the storage, which can act any means of digital storage: from corporate servers to a simple flash drive. 

Although the project is now mainly engaged in establishing cooperation with various organizations, this system can be used as you please. The main thing to understand the principle. For clarity, we give a couple of examples.

One of the life of a common man in the street. When a neighbor asked me to borrow money. In this case, it will be possible to propose to install an application with ENDO technology, pass through it identification and carry out information exchange. This will be a deal, equivalent to a documentary one. Only more reliable.

Let us give another example. Already for the corporate segment. A fake diploma. Now when accepting employees for work, the diploma can not be verified for authenticity, except to make an official request to the institution that issued the document. But no one ever does that. That's how some experts work on forged diplomas, and not educated people.

And there are thousands of such problems. The scope of ENDO technology is truly enormous, let's see the figure below. And many opportunities remain to be discovered.

Endo Protocols that use internal Blockchain technology and data readings and automatic document verification in house integration will help protect companies, institutions and individuals from fraud .ENDO will have a worldwide factual database of job history candidates from the organization's human resources department, essentially can act as an extension of HR. The ENDO platform will validate and verify newly recruited employee information to avoid fraud.

The solution offered by ENDO is an automated data verification service that allows to check the authenticity of brands, medicines and food manufacturers, documents, including passports, foreign passports, driver licenses, permanent photographs, work visas and virtually anything you think .ENDO is a great tool for checking international credentials, using multiple proven data sources and making it possible to verify client identity quickly, even on the basis of minimal information. On the one hand, ENDO automates the process and saves time and money and on the other hand allows to receive new customers, improve service quality, to avoid fraud and reduce the risk level.


Ecosystem consists of five layers associated 

  • Blockchain + Storages - information is stored in various repositories: Dropbox, Storj, Amazon, IPFs, FTP / SSH 
  • Protokol - Specify rules for interaction ecosystems layer 
  • Platform - Implementing the decentralization logic verification, data exchange and circulation of tokens 
  • Application 
  • based Application platform developed for users and businesses 
  • API The 

interface opens to create applications and automate business logic

The alpha version of the first ENDO-based application has been launched and successfully operates with some of Europe's largest coaching, transport and shipping companies and universities. The basic functions available to clients include the creation and publication of documents in trial networks, procedural cancellations, distributed document submissions, uploads and allocation, as well as open Application Programming (API) interfaces and industry standard protocols for OAuth authorization to ensure an easy and secure way to publish and interact with secure data and their integration with institutions.

EToken is an intra-platform utility token, EToken is the only currency that can be used to pay verification fees and data exchange between system users. If a user decides to store data on a third-party server or to store hashes in other Blockchain, the user pays by ET exchanged in other currencies.

Users need an ENDO Token to pay the organization for the services they provide through the platform.Then ENDO can be obtained through information sharing.Organizations can use ET to buy and sell data, available on the ENDO Platform.If the data sold is user data, then the user gets % of ET or opt-out, preferring not to allow for the exchange of their personal data.


EToken

EToken is an intra-platform utility token. EToken is the only currency that can be used to pay verification fees and data exchange between system users. If the user decides to store data on third-party servers, or to store hashes on other Blockchains, the User pays with the ET, which is exchanged for the other currency.

ET will be operating a Commission Pool (C-Pool) that will be distributed between the Node holders, the Development team and will be used to fill the pool for other blockchain cryptocurrencies.

Users need ENDO Token to pay organisations for the service they provide through the platform. ENDO Token can be earned through sharing information.

Organisations may use the ET to buy and sell data, available on the ENDO Platform. If the data sold is user data, then the user earns a % of the ET or opts out, choosing to not allow for their personal data exchange.

Node holders will receive a proportion of the ET, acquired through commissions. Similarly, the team of developers will receiving a portion of these commissions. The DPoS architecture will allow for holding the ET in wallets, to pool funds on the nodes and participate in the DPoS.

In other words, the participants of the platform (Community members who have ET) could vote for delegates who support the ENDO Blockchain. This way, the entire Community participates in the consensus, and still follows the delegate model. If a user has ET, they can use them to vote. If these tokens are transferred or spent, the right of voice is lost automatically.


Project Details:

  • icker Symbol: ET
  • Platform Ethereum (ERC20)
  • Accepts: LTC, ETH, BTC
  • Soft Cap: 5,000,000 USD
  • Hard Cap: 15,000,000 USD
  • Country: Singapore
  • Total supply 100,000,000 ET
  • Date Sale: Jun 20, 2018 — Aug 25, 2018 @ 66 days
  • Sale min volum­e: 2,100 USD
  • Price: 1 ET = 0.375 USD
  • Sale Bonus: Up to 30%

want to emphasize the beauty and mobility of the ICO site: https://tokensale.endo.im/


The Endo Team

The team is professional and purposeful. I met many people personally and saw this fire in my eyes. 

In advisers at ENDO, the stars who realized the projects HOQU, MARK SPACE and REVAIN are high-profile projects in the industry blockbuster. The same REVAIN grew at 60X for 4 months.


Conclusion

ENDO opens a new market, this is the "blue ocean". Even the potential capacity of this market can not be estimated, but overestimated, all the more. Such projects are in great demand. 

If you are interested and want to participate with this project and purchase Token please visit LINK https://token.endo.im/login?utm_source=protocol_landing for making Wallet, while for further information you can join social media group to inquire directly with adminnya.

Author ; Melati21

Profile link ; https://bitcointalk.org/index.php?action=profile;u=1357963

Email address ; parasite887@gmail.com

ETH address ; 0x838d9F4750DFC63f9A75bdA335840C0A84aD3afc

Report Page