Today, data and various data platforms are not connected to each other, causing much inconvenience for their users. And, despite the emergence of new Internet technologies, the platforms remain shattered. In general, the Internet community needs innovations to be integrated into the out-of-date resources that have centralized locations. Time for a paradigm shift.
Innovative technologies such as Blockchain can significantly improve the current data direction. Many services, platforms and sites, and much more, can be combined into a single whole and made it decentralized, which will significantly improve security, accessibility, and other essential criteria.
Users possess and dispose the data they have on different platforms. However, there’s a question here: is possible to connect them all to a separate network replacing out-of-date technologies? Here comes Essentia.
Essentia as an innovative solution and platform for developments.
Imagine a system working on decentralization principles, which is also a unique framework operating with data management.
Essences and Synergies are the two key elements providing the work of the system:
For instance, Essences interconnect data via various services, sites, platforms. This information may be possessed by businesses or individuals. So, Essences provide data decentralization.
In their turn, Synergies help various platforms, modules, and resources in joint operating.
Moreover, software developers will have the opportunity of developing innovative and efficient apps on Essentia, using the most innovative solutions.
Essentia working process
The Essentia gets the users’ information like ID, data, desktops, files, accounts, software, wallets and logins. No middlemen or other parties are involved. Now everyone on the platform can send the data to anywhere using a reliable and trustworthy resource.
Essentia will be protected with the complex methods of cryptography systems based on blockchain. So, the customer may obtain access to different companies to sell his data securely. Only users can make their minds if they want to share this information or not.
A special decentralized storage is used to encrypt the data and keep it. Meanwhile, this information is not related to the ID of a user. It’s only up to the owner to give access to it.
In addition, users may create personal data framework of their own. It is possible to use digital information via the decentralized resources in this case.
What about ESS Tokens and ICO?
The ESS Tokens is the currency used via Essentia system. They are of a great value within this ecosystem. Putting it simply, users are able to offer and get the ESS Tokens. Premium users, in their turn, may gain access to exclusive Essentia options.
Some ESS Tokens are going to be kept for maintaining the work of Essentia. They will be used as a reward to active users for their engagement.
- The start of token sale: 30 April, 2018.
- Closing date: TBC
- The total amount of tokens: 1,7 bln ESS Tokens.
- Essentia has already sold 600+ mln ESS Tokens.
CONCLUSION
In conclusion, I want to express my opinion, as I see the development of the project as a whole. Here we have an essential product. Firstly it is a single data platform, in the second it is a development platform.
And as I have noticed lately, development platforms are very successful in conducting ICO and are listing on exchanges. Typically, the tokens of such platforms grow well after exiting exchanges.
I also like the quality of performance and the fact that this project has excellent ratings on many platforms according to ICO estimates.
I hope you share my opinion and you liked my article. Please share your opinion in the comments, what you think about the project and what prospects you see.
More information you can find here:
Official website
Whitepaper
Bitcointalk ANN Thread
Bitcointalk AMBASSADOR
Telegram
Twitter
Bitcointalk Username: CapnBDL
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=212645
My Ethereum address: 0x577FA2553Af35908072Af7fc61270fd98022002b