Essentia: Reclaim Your Personal Data

The world has evolved a lot in the past few years, and with the introduction of internet and the digital age, it has revolutionized almost everything and has changed the way of life. In today's digital age, it is hard to keep up with all the technological advancements. From making trunk calls from one state to another now it's possible to have a video chat with anyone from any corner of the world. The Smartphone's people use has a programming much higher than what it takes in a space shuttle. We now have things delivered to us at our doorsteps, and can access to any question free of cost. From shopping to tax and other billings all can be done online, with just minimal small steps.

But all this has increased the exposure to online and though it has made things easier it has made us people vulnerable. With continuous usage, our personal data is being uploaded online constantly and is exposed to sites and sources unknown losing the credibility and in turn making them vulnerable to privacy invasion and other unforeseen events. The Data has scattered all around.

Essentia here would keep these problems at a bay, by providing control over a person's data, identity, information, privacy and assets.

Introduction

Essentia has a unique platform that functions in such a way that the users will be able to access their private credentials exclusively without any fear of intervention by any other website. With the help of decentralization the resources are put together in one place and can be made available to others only by the user's permission.

There is a protocol called Seed with which only the users can reply and carry out the cryptographic actions as for sign, verification and encryption. In the simplest of the words, the seed is a key to user's data, which is unique per user and ensures that the framework of the software is secure and rules out any chance of wrongdoing. Essentia offers two fundamental components which are interoperations and data which will help set the protocols for the internet.

Users are free to develop the platform more to their likability or request for the changes buy paying for it and get an efficient platform with a great framework.

The company has included some quite beneficial features to further increase user integration in the platform. With Essentia users can access any platforms as it is compatible with any device. The decentralized blockchain technology stores data in bits which is untraceable and is accessible to only the user with a genuine seed ensuring that the data is backed by strong cryptography. Users can use elogin a new way to login accounts without the use of insecure passwords. The mainframe is built and developed with such precision that it is fail proof and is flexible according to user's needs and demands.

Essentia has released protocols for various applications in industrial uses

Token details

Essentia will have a Hard Cap of $ 32 Million USD, the number of tokens have not been disclosed yet. But out of the total token strength, 46% will be allocated token sale, 18% to founding team, 10% to advisors, and 11% for project reserve with 10% to Masternodes, and the rest 5% will be kept back for paybacks promotions and referrals.

The tokens will be made available at an exchange rate of 1 ETH = 15000 ESS which would also include bonus offers which would be declared after the token details are released.

Conclusion

Essentia has built its platform on a quite bankable idea by bringing back the power in the hands of people, with Essentia users will be at full transparency regarding their personal data. The team has put some efforts into coding this efficient platform and will definitely work for the people when it hits the marketplace, it would put a stop to any kind of misuse happening, the framework is well built and compliments the blockchain technology.

Website: https://essentia.one/
Telegram: https://t.me/essentia_one
ANN Thread: https://bitcointalk.org/index.php?topic=2704531.0

Author: Yalsik
Profile: https://bitcointalk.org/index.php?action=profile;u=1943321