Endoprotocol: blockchain data Verification and storage platform

in #endoprotocol6 years ago

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ENDO PLATFORM OVERVIEW
ENDO is a Blockchain data verification protocol, the ENDO ecosystem through blockchain technology will create a decentralized atmosphere for verified data such as personal data, medical reports, certificates and company documents to eliminate forgery of those data, informations stored in the ENDO protocol system and both human and AI machines can be able to trust and access the information without tempering the documents. Furthermore the use of ENDO protocol enables one to create both private and public Blockchain, configure levels of access to information stored in the system, it can also determine the conditions for data exchange between different organizations, and safely protect all the sensitive informations, based on the ENDO protocol, there exists an application that allows information stored with traditional methods(paper) to be transferred with ink signatures to Digital storage methods, this enables individuals to safely store their documents such as certificates, awards in a protocol that is free from manipulations, tear and wear, ENDO Protocol can also authenticate passports and ID's.
Endo protocol ecosystem enables individuals and organisations to monetize their data by means of exchange with the owners full consent using the platform's native currency (ENDO TOKEN)

The main purpose of endo protocol is to create an application that will store and process all types of verified data in a single, secure system.

The Alpha version of the first ENDO-based application is already operational and is currently used by large training organizations, transport companies and universities in Russia. At this stage of development, the following basic functions are available in the Alpha version: creation and publication of documents in the test network, cancellation, distributed document acknowledgment, owner addition and sharing, open API and OAuth for integration with institutions.

THE PRESENT SYSTEM OF DATA STORAGE AND CHALLENGES

In life, individuals and commercial organisations accumulates numerous amount of information about themselves such as diplomas, certificates medical reports, accounts etc in the case of organizations some have acquired Warehouses, agreements, contracts and so on, when these documents are stored on paper there's great possibility that the paper can either get lost or wear out, this causes big problem in some cases due to no other method such documents can be recovered, furthermore informations on such storage system can be tempered with, a perfect example is when one Forges his/her certificates to get a higher job offer.

Though the old system(paper system) of storing informations is still used in our society even with the emergence of internet, probably because some have not fully understand how such information can be stored using protocol or smart contract for best and everlasting security, that is why I choose this project to review and enlighten some individuals and organisations a new and secure way of data storage brought to us by endo platform.

The increase in the number of smart phone users and other electronic gadgets has made a significant number us work through the internet, We are more averse to meet with customers eye to eye, and this requires good technological tools that will verify their various identity so as not to fall into the hands of the wrong person, in an online business, there is a great need of equipment to accurately verify and analyse the reliability of business partners, organizations etc, all these features is lacking the present structure of e-commerce also attracting new clients, along with the need to control the risk of fraud and maintain a stable level of operational efficiency is a very big challenge, for example one can easily manipulate his/her certificates to receive a higher reward based on the stakes, this is common in our economy especially banking industry, but thanks to endo Blockchain powered Verification protocol all this challenges will be a thing of the past, and individuals can easily store and also monetize their data in a smart contract system, which automate identity verification free from external interference.

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TOKEN ECONOMY
Endo token(ET) is the native currency of endo blockchain platform, an utility ERC20 token used in the platform for reliable data Verification and secure data storage at a relatively low cost, users of the platform will be able to monetize their data and other assets in the platform.

ENDO tokensale is live, softcap reached You don't want to miss this wonderful project, the team comprises of technological experts with long stream of experience in data Verification companies.

TOKEN AND ICO DETAILS

Ticker: ET

Platform: Ethereum (ERC20)

Total supply 100,000,000 ET

Soft Cap: $5,000,000

Hard Cap: $15,000,000

Accepts: LTC, ETH, BTC

Country: Singapore

ICO date: Jun 20th, 2018 — Aug 25th, 2018

Price: 1 ET = $0.375

For more information, please visit the following links:

Website: https://endo.im

Whitepaper: https://endo.im/whitepaper

Medium: https://medium.com/@endo_protocol

Twitter: https://twitter.com/endo_protocol

Telegram: https://t.me/endo_en

Facebook: https://fb.me/endoprotocol

Instagram: https://www.instagram.com/endo_protocol/

AUTHOR DETAILS
bitcointalk username: Crypto11021

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2116706

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