When you get acquainted with such projects, you feel physically, as the world becomes cleaner, more transparent, more honest. In the soul of hope comes to life, that very soon good will finally win evil, as in good fairy tales, and all will live happily ever after. Today we will talk about a service that, using Blockchain technology, is able to prevent problems associated with lies and fake information. So, an overview of the ENDO ICO project.
Problem
In Russia every year counterfeited five million driver licenses and over one million insurance policies. In the US, 5% of residents live on fake passports, and a third of high school students regularly buy tobacco and alcohol products on fake documents. In Australia, 8% of the population are migrants who work with forged documents. At the same time in the world the share of convictions on charges of forgery of documents is below 10%. All this is a small visible tip of a huge iceberg of social invisible problems of mankind.
In the world there are a lot of problems associated with fake information. They are found in almost every sphere of human activity. Here are just a few specific examples:
- monopoly on information management. From corporate to government. Any information can be replaced without a trace, history can be rewritten, cases fabricated. Under these conditions, no one is technically protected from systemic arbitrariness. Any honest man can be destroyed in front of everyone at the whim of inadequate and mentally unbalanced people, in whose hands is the power. Most have to be afraid, silent, pretend not to notice or serve the dark forces. And the fighters for justice pay a great price for the truth;
- injustice of work. Today, the only way to verify the authenticity of the diploma is an official request to the UNIVERSITY that issued the document. These requests are almost never made. Therefore, some of the staff of many organizations work on fake diplomas. This illustrates how some people live and work honestly, and some achieve their goals fraudulently, at the expense of others;
- counterfeit goods. Even very expensive. For example, China produces 40 million watches, which are then sold under the fake brand ROLEX. This brand is damaged by 600 million dollars annually. This is an example of how some parasites on others;
- document dependency. If the documents, for example, are burned in a fire, the person may be without housing and livelihood. There are many such examples – people simply do not have enough strength to restore the rights to their property, achievements, rights to social security, pension, citizenship.
This is only a small part of the problems that the ENDO Protocol solves.
Decision
ENDO is an ecosystem for developers and users of applications to interact with information. It has all the necessary infrastructure, from the development environment to monetization and promotion. For example, on the ENDO platform, you can create a mobile application with which you can borrow money from a neighbor. Or a service for employers to check the diplomas of applicants for higher education.
The structure of the ENDO ecosystem is visually presented in the figure below.
It consists of five interconnected layers. Let's walk through them from the center outside:
- the first layer, which is in the center, is the platform, its functions include the logic of the whole ecosystem;
- the second layer is user applications developed in the ENDO ecosystem;
- the third layer is the API, it gives ENDO the ability to integrate into other systems, such as the infrastructure of a public institution;
- the fourth layer is the communication Protocol of the organoids of the entire ENDO system. This is an information standard of communication that provides autonomy of the system with respect to the outside world;
- the fifth layer is a data storage system. External digital data drives (Dropbox, Google Drive, etc.) can be used as storage. The ENDO storage system provides verification of this data, eliminating the possibility of substitution.
ENDO protocols are used in hundreds, if not thousands. The figures below show some areas that need ENDO solutions.
Project team
The ENDO team consists of professionals with burning eyes who are aware of their role in the project and the history of society. I am personally acquainted with the founders and saw the gleam of determination in their eyes.
In the composition of advisers includes star market Blockchain, the founders of project SPACE MARK, HOQU, REVAIN, and others. These are sensational projects. For example, the growth of the price of REVAIN tokens for 4 months was 60 * X.
ICO
- Token name: EToken (ET)
- Emission: 100M
- Soft cap: $5M
- Hard cap: $15M
- ICO completion: 25 August 2018
- Investment entry threshold: $100
Summary
ENDO touches on one of the most important problems that Blockchain technology can solve – the reliability of information. Such projects are very warmly perceived in the crypto community. ENDO has high expert ratings in ICO project listings, a professional and dedicated team, reputable advisors. Such projects have a future.
Official resources of the project ENDO:
