Essentia ICO Reviews #1 – The Background of the Project and The Solutions
At this new digital world, users are offered numerous choices of tools and service that can ease their life. However, most of these choices are not free. Moreover, sometimes they lack security and privacy. This issue can be solved by blockchain-based technologies. However, relying on the technologies alone is not enough. Essentia comes with solutions to the problems. It offers decentralized solutions supported by blockchain tech and intermediary-free services that allow users to control over their privacy.
Background of Essentia Project
Users’ data hold the most important roles for any service providers. However, due to the interaction with current IT solution, users are prone to have a multitude risks. They are also exposed to threats caused by insecure data management practices and services centralization. It results in many kinds of failure such as data breaches, service interruption, scams, money thefts, and many more.
Users have no powers to control their own data and privacy. It feels like users have no choice but relying on the existing solutions which are insecure and unreliable. There are not enough tools that can effectively protect the users’ data especially when they are having interaction with third-parties. They won’t tell that the data are shared or being used by someone else. The environment cannot be trusted. The data are widely exposed and users can do nothing.
The existing blockchain technology still lacks intermediate layers that can fully protect the users’ data effectively. What the users need are decentralized services and tools that are easily used that can connect users securely.
Solutions by Essentia
To address the problems mentioned above, Essentia has the complete set of solutions. Essentia is a decentralized service provider enhanced by advanced technology. It offers traditional internet services based on decentralized resources in which the users can fully control their data over their own identity. Essentia makes a flexible multi-chain framework available. The vision of Essentia is to provide users with a set of decentralized solutions integrated with chain system flawlessly.
In this system, Essentia is able to give ultimate protection to users’ data while maintaining their privacy. This can be done by establishing a user-friendly framework. By joining the framework, users can decide to act anonymously or publicly while fully and granularly control their data. Essential decentralized software can also be run on most hardware and OSs. It can link three elements; users, traditional system, and decentralized resources. Within the framework, anyone can benefit from the future technology.
Essentia Token Information
Essentia released tokens namely ESS. The ESS tokens were created equally meaning each of them is exactly the same in terms of properties, characteristics, and qualities. The tokens serve some functions regarding the development of Essentia Platform. The ICO sale will start in this April and you can join whitelist now. The details about ESS token sale can be read in the next article.
The next article will also talk more about Essentia Design. As this project sounds to be exciting and worth-developing, you might be wondering who is behind the project. The team of Essentia will be discussed in the next article along with the roadmap that has been set. The benefits of Essentia are also listed.
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