ENDO

zstrog (31)in #blockchain • 6 years ago

Verification, all of us face with it and use in our work. Let's take a look at what is verification and where is it applied?

Verification is the process of validating the data provided by the people. The simplest example of verification is confirming the identity of a citizen of any country. Through the passport issued by a specialized agency, any organization or police officer can verify information about the person, his place of residence and family status.

Banks and other financial institutions for a long time have a specialized department dealing with the verification of data and documents provided by the client. To counter fraudulent transactions and illegal actions, they check all information about the borrowers to approve the loan or give them access to the services of the organization.

ENDO

The goal of the ENDO is to create a common ecosystem dealing with the storage and interaction with the different data options. Such as the storage of documents, KYC, authentication, and rights to the particular product or service.

ENDO is a Blockchain, a protocol and various data verification services.

The aim of the ENDO is to combine all of this in the platform, so any user can create a blockchain or application based on their Protocol.

ENDO Protocol allows you to set the necessary algorithms and rules in the system to ensure effective interaction with data. To provide automation in the system, the company use modeling in the form of solving certain tasks of data representation and their content. Due to the strict regulation of personal data in many countries, the storage of information can occur as through the blockchain and the local servers.

The variety for using this technology, and therefore the ENDO platform itself, are almost boundless. Everything will depend only on the agreement with various services and partnerships that the team will be able to get.

At the moment, the company is in the active stage of selling its tokens. The company has already reached its Soft Cap and raised about 4.7 million dollars.

The company also has good advisors, such as Kentaro Harada (the founder of many IT platforms and the author of many popular courses for crypto investors in Japan) or Bruce Porter Jr. (included in the TOP 17 most influential people in the blockchain sphere).

It is necessary to note the site of the company, that stands out against the websites of other projects. Beautiful design, usability, animation, adaptation for different types of devices – all of this creates a nice impression about the project and therefore forms additional loyalty of potential investors.