Data, Verification and Blockchain | ENDO platform

in #crytpo6 years ago (edited)

Not so much time has passed since the grayed chroniclers recorded important events in the life of the townspeople in heavy volumes, and the archivists, with all necessary responsibility, carefully monitored the safety of information.

In the Middle Ages, such a term as "passport" did not exist. However, there was something like "letters", which were issued first of all to people who had escaped from the territories captured by the plague, to military and other wanderers. Later, this kind of document, already approximated by purpose to a modern passport, provided the citizen with a safe journey to distant corners of his state or in countries with whom favorable political relations were established.

Thanks to humanization, a modern man has relative security without documents. However, the volume of waste paper, which is necessary for free use of the opportunities of the modern world, is steadily growing. As a person who often travels and from time to time lose everything (still somewhere in Bangkok airport there is a beautiful file with my papers), I hate wildly red tape, the need to restore docs, stand idle in queues, sit up pants in the offices and pay for it all kinds of fees.

In connection with all of the above, I sincerely pour over ** ENDO ** startup, which intends to rid me of this piece of shit, sorry, khm)

ENDO

ENDO - block-start-up, platform with a set of modern technical solutions for data verification, optimization of their storage and monetization.

It works like this: someone loads his data into the blockchain, and someone who has been authorized by the first one uses that.

Obviously, my reduced skeleton-chain is equipped with technical meat, which is too much to describe now, but it is too important and interesting not to tell at all. Therefore, I will describe the protocols, encryption methods, consensus and other tech-stuffing in the next post. In the meantime, here's a picture for you.

What ENDO knows:

I want to note that some ENDO functionality is already used by some universities, transport companies and large training centers.Currently, the alpha version allows the creation and publication of documents in the test network, cancellation, distributed confirmation of documents, the addition of the document by the owner and the ability to share them, the open API and OAuth for integrating with institutions.

I identified three main areas of use of ENDO: document verification and storage, product authentication and feedback system.

Using the application on the basis of ENDO, employers will be able to verify the reliability of the information provided on the work experience, the real reasons for dismissal, qualifications. As you know, forging certificates and diplomas is not difficult, if a person knows how to go online. Some may negatively react to this practice, but remember that the majority of Russian officials occupy high-paying positions with fake certificates of passing studies, diploma papers, and fake scientific titles.

Well, I'm not talking about counterfeit brands. I do not take into account the situation when you go to the market and buy Nike or iPhone on android, I'm talking about when you pay your hard earned money for a brand, and a specialized store, possibly without knowing it, suggest you a product from cheap raw materials and with unknown processing conditions. The owners of the brand suffers more:

In 2013, sales of counterfeit goods and pirated content exceeded $ 461 billion, or about 2.5% of total international trade.

What could be better when you observe real statistics of private medical institutions? Personally, I faced with the situation, when for a decent amount I was given an indecently illiterate doctor with a narrow focus. And among 7 possible institutions I chose the one where the reviews were the least terrible. The most interesting thing is that it's extremely unprofitable to sue, since in my country the person is not protected from professional negligence, the maximum I could got is the moral damage of $ 50, while the day of the lawyer's work costs about $ 100. I do not think that having publicly available statistics on "successful" visits, the management of companies would not be engaged in the development and improvement of the qualifications of employees.


The technical side of the implementation of such cases is described here. Today I wanted to give a general idea, a certain announcement of the blocking-sartap ENDO, specializing in data verification.

ICO Details:

At the moment the project is at the stage of the token of the deal, and has already collected a softcap of $ 5M!

HardCap: $ 15M
SoftCap: $ 5M
Price: $ 0.45
Dates: Jun 20 - Aug 25, 2018.


More info:

Website: https://tokensale.endo.im/#11
White Paper: https://endo.im/whitepaper/
Telegram: https://t.me/endo_en
Medium: https://medium.com/@endo_protocol
Twitter: https://twitter.com/endo_protocol
Facebook: https://www.facebook.com/endoprotocol
BTT: https://bitcointalk.org/index.php?topic=4073209.msg38016070#msg38016070
GitHub: https://github.com/ENDOprotocol
Reddit: https://www.reddit.com/user/endo_protocol

My Btt: https://bitcointalk.org/index.php?action=profile;u=1312449

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Thanks for sharing that. I try to post crypto relevant content too, will be glad to see you among my upvoters.

Glad u've found it useful.

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