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evolution2k444
6 лет назад

ENDO: IMPROVED DATA VERIFICATION PLATFORM

Blockchain; that public register in which transactions between two users belonging to the same network are stored in a secure, verifiable and permanent way; has gained huge acceptance in recent years, and a lot of companies, businesses and emerging projects are leveraging on this decentralized, next generation technology to drive their businesses and ideas to the next level.

I have been an ardent follower of blockchain, cryptocurrrencies and crypto powered projects for about 3 years now, and there’s this unique, ground breaking project, that aims to use the blockchain technology to create a secure platform for storage and verification of data. Introducing ENDO!

WHAT IS ENDO ALL ABOUT?
ENDO is a Protocol that solves the problem of certified information tracking and encrypted data storage. The ENDO ecosystem allows organizations and users to participate in information and service exchange through the ENDO Token. The ecosystem will store all your information in one place and will provide protected access to your stored information to third parties of your choice. Organizations can connect to their own applications on the ENDO Platform through API to inter-trade information, and users will receive ENDO Tokens as a reward for granting access to their data.

BENEFITS OF USING THE ENDO ECOSYSTEM
The Ecosystem of the ENDO protocol creates a decentralized environment for verified data. Data that people and robots will be able to trust: remotely, instantly, and safely. Using the ENDO protocol, you can create private and public Blockchain, configure levels of access to information, the conditions for data exchange between different organizations, and depersonalize and protect data.

BLOCKCHAIN POWERED ECOSYSTEM
ENDO uses the distributed ledger technology in creating and storing available data. The blockchain will feature in authenticating users while executing its smart contracts and decentralizing the system as a whole. ENDO also uses the Byzantine Fault-tolerant consensus and the Delegated Proof of Stake algorithms in bringing faster processing speed and low transaction costs to its platform.

CONCLUSIVE THOUGHTS
The usefulness of any project can be measured by it’s ability to solve problems. ENDO seeks to employ the use of blockchain technology to create a platform for storing and verification of data; hence will save us the hustle of storing our documents.

I will like to say, at this point, that the ideas presented in this article is just a summary of the enormous possibilities that the ENDO project holds and offers to corporate entities and even individual users. I, therefore, strongly recommend everyone to read through the ENDO whitepaper for a better grasp of this prodigious venture. Below are some other useful links to help you keep abreast with the ENDO project.

Website: https://endo.im

Telegram: https://t.me/endo_en

Whitepaper: https://endo.im/whitepaper/

Facebook: https://fb.me/endoprotocol

Twitter: https://twitter.com/endo_protocol

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

Author's bitcointalk username : Chinedumike

bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2264390;sa=summary

ETH ad: 0x6aa6A776BFFB55Adf6E05f205dE8923b639dA173

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