Nowadays a user’s data and different platforms are not interconnected, and that causes too much inconvenience. Of course, new Internet technologies do emerge, but still, they cannot put the platforms together. All in all, the Internet community needs solutions interoperating with the old centralized resources useful to make the paradigm shift happen.
Yes, we possess our data.
Yes, we can prove that we have it on different platforms, but how to put it together into a whole new network and replace old non-working models providing powerful interactions? Essentia is the answer.
Essentia
Essentia is a modular decentralized interoperable system and data management framework.
It has two main components: Essences and Synergies.
- Essences interlink data across multiple services. Such data can belong to individuals, companies, groups or organizations, creating decentralized Internet users.
- Synergies link different platforms, resources and modules together for interoperation.
Developers can build more powerful and efficient applications on the Essentia framework, combining all the best technologies around the globe.
How does it work?
The Essentia framework saves the users’ IDs, data, desktops, files, accounts, software, wallets, logins, excluding third-party or centralized services involvement. The user can get his data from anywhere on a reliable operating data platform.
The platform is protected by cryptography and the blockchain-based systems. So, the user is also able to instantly and securely gain access to on-chain and off-chain third-party services interacting with them. It’s up to him to decide whether to share his information or not.
The user’s data can be encrypted and maintained in a decentralized storage. The users’ encrypted data is not publicly connected with the ID. The data can only be used by its owner and by the person given the access to it.
Users are also able to have their own personal system. They can dispose of their data and digital belongings by using a decentralized platform.
ESS Tokens and ICO
The ESS Tokens will be periodically redistributed in equal proportion to the users’ stakes. They will play a significant role in the ecosystem evolution. This provides a user’s possibility to make offers to data services with the ESS Tokens. The user would also have access to exclusive Essentia resources.
A part of the ESS Tokens will be reserved in order to promote the Essentia Framework integration and reward active users for their involvement, participation or resource-sharing.
The token sale started on 30 April 2018. It will close on May 15. The total token supply will be 1,7 bln ESS Tokens. Now, the creators of the project have already sold 595 mln ESS Tokens.
How do you manage your data? Write in the comments below.
You can find detailed information on the following links:
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
