Information is a very vital aspect of our daily lives. Getting the right information about one’s life helps the person to plan his life well since he becomes aware of what he qualifies to do and not to do. A patient who is aware of his medical records is aware of his contraindications and allergies and is able to give prompt alert to his medical officer during emergency situations. Job applicants are also able to apply for certain jobs because of the certificates they are holding which makes them know which kind of job they qualify for. It is a good practice for a person to keep accurate records of his information but the safety and easy accessibility of that particular information is the most important thing.
Many at times, our lifetime information such as personal data, commercial documents and various certificates are stored on paper. As a result, they become susceptible to rapid tear and wear and they can also be tempered very easily by the owners or third parties for their own personal gains. This and many other issues are the reason why ENDO has come.
ENDO is a blockchain based platform which is going to create a decentralized ecosystem for the verification of data. The protocol can be used to personalize exchange and regulate access to our personal information.
With ENDO, paper certificates are going to a thing of the past. There are applications created on the platform that allows the conversion of paper documents with ink signature to digital ones. The good news is that, the alpha version of the first ENDO-based application is already operational and is currently used by many big institutions and organizations in Russia. Investing in a project which already have a functional product is very reliable and always the best.
With the invention of the internet, organizations can even interact with each other and with individuals without necessarily having to meet up with the other party. In view with this, new ways of verifying the identities of these partners and customers have to be developed and that is what ENDO stands for.
Through the blockchain technology, automatic data reading and document integration, ENDO protocol will ensure that companies, institutions and individuals are protected from fraud and false identity from partners and customers.
With ENDO, there is increased level of trust in important data because of reduced likelihood of counterfeiting data. Individuals can have control of their data and monetize it while companies and institutions can also get easy access to that particular data.
THE ETOKEN
The Etoken is the official token to be used on the ENDO platform for services such as verification of data, exchange of data between organizations, payment of goods related to the use of verified data, voting processes on the platform and last but not least, to motivate developers for creating applications on the ENDO platform.
TOKEN SALE
It will interest you to know that due to the trust that investors and the public have in this project, the softcap which was pegged at 5 million US dollars has already been reached. The hardcap is set at 15 million US dollars. Every individual who wishes to participate in the token sale must pass KYC before withdrawal of their tokens to their cold wallet. The tokens will be available for withdrawal after 7 days at the end of the token sale.
TOKEN DISTRIBUTION
TEAM
Useful links to read more about this project
Website: https://l.endo.im/f
Medium: https://medium.com/@ endo_protocol
Telegram: https://t.me/endo_en
Facebook: https://fb.me/endoprotocol
Twitter: https://twitter.com/endo_protocol
AUTHORSHIP
My bitcointalk username: Dacosta Osei-Tutu
My bitcontalk profile link: https://bitcointalk.org/index.php?action=profile;u=1982533