Essentia - The Next Generation Layer of Interoperability and Data

in #crypto6 years ago

Databases with personal information around the world now belong to large companies.

So, such information is collected by social networks, messengers, banks, etc. and you can not personally affect their security – everything is on conscience and in the hands of owners of services/platforms.

And if there is a theft, hacking, fraud with use of such information, then, alas, ordinary users find themselves in an unenviable situation. Essentia intends to rectify the situation.
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Essentia-what is it for?

Essentia is a framework consisting of separate modules, united in a single platform!

Here are personal data (with instant identification in any service) and Bank accounts, and management of crypto assets, and business automation, and more.
The authors rely on advanced technology, citing such an example- if tenant has overdue payment, the door with "smart lock" simply will not open.
Essentia is not only focused on users, but also on companies and devices, whether they are communication or identity data.

Specific framework promises to get around (by the way!) security and identification solutions on the market. Developers compare their platform with the Swiss knife, which is always in your pocket.

Control-on any device and from any place. Essentia is not limited to the framework itself.

Let's go a little deeper and analyze details

By connecting to the platform, you get an ESS-ID, the Central element of whole framework. In simple words, an analogue of wallet.
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Only you have access to management of your data, through private key.

Developers in the future promise a certain device, the analog of the same Ledger or Trezor. That is not just a Seed that someone can steal, but a full hardware "wallet".

Only you decide what data to add to the platform and to whom you can share it.

On the Official site, authors of the project announced integration of Ethereum, Bitcoin, Gnosis, Mysterium, IPFS, Storj, Aragon, Flyp.Me, Etherdelta and Status.
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It is handy when one "hub" assembled leading cryptocurrency and decentralized mobile application, isn't it?

And here is the platform, let's test it!

Go https://app.essentia.one/, register

Don't forget to save your Private Key and SEED. Access to the framework only through them. You can use framework via desktop application, browser or smartphone.
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  1. there are wallets.
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  2. access to Etherdelta. In future, probably access to all other decentralized exchanges.
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  3. by pressing only one button, I connected to Status, Aragon.
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    If this framework can really combine in one place most dAPPS, it will be very cool! I want to first of all add applications for ordinary users, not for business.

  4. access to decentralized storage from one place.
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Plans of the authors:

ESS-OS-decentralized operating system;
ESS-Eggs-PC with an open architecture, operating on ESS-OS and optimized to work with blockchains;
ESS-Keyware is a device like a flash drive that allows you to log in and access the platform on any device with the Internet;
ESS-Sense - modules, thanks to which Essentia can "make friends" with periphery (whatever came to mind).
And a huge number of MODULES that can be connected to the framework, information about all modules that are planned to be developed and connected will be found in White paper
And all this is controlled from one platform!

Essentia-what about ICO and roadmap?

A private token of the platform is called ESS. For 1 ETH you will be given 15 thousand ESS.

Hardcap is fixed at $31.9 million.

56.5% - for development,
8.9% - for business projects,
16% for platform advertising,
Of 5.8% for the management,
4% - lawyers,
8.8% of the funds are reserved for "other expenses".

Token distribution:

46% ESS – on tokensale,
18% to team,
11% reserve,
10% – advisors,
5% – on bounty campaign,
remaining 10% will be mined by masternodes within seven years after release of the framework.
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MVP released. In the second quarter of 2018 they will roll out a beta version of framework and show prototypes of devices. In the third they will start selling these devices, will present a beta version of mobile application and "alpha" system of identification of users.

The fourth quarter is scheduled to start sales of computers ESS-Eggs, release of a mobile client, "beta" ESS-OS, "beta" IoT and prototype of decentralized GPS-Navigator.

We will see a stable build of framework in the first half of 2019.

Project team

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Conclusion

Developers of Essentia have a great aim - to give control over personal data assets to their owners.

It is possible that thanks to this platform, blockchain-based solutions will become mass, simple and easy to use. The very idea to manage any app from one place I really like!

ANN Thread: https://bitcointalk.org/index.php?topic=2704531.0
Website: https://essentia.one/
Whitepaper: https://essentia.one/whitepaper_draft.pdf
Telegram: https://t.me/essentia_one
Facebook: https://www.facebook.com/essentiaone/
Twitter: https://twitter.com/Essentia_one
My Bitcointalk: Sivainvest

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