Essentia is new framework at blockchain that can be used to adjust and secure virtual wallets or assets. The owner or user can also share in full or part of the stock to the third parties. This framework also can give a reward to every member which does activities in Essentia.
To do a task, there will be a lot of things has been developed since 2018. It also offers many properties for the users and can be applied on many cases of business transactions.
Component of Modules
Essentia consists of many components which every component has its tasks and properties in the framework. There are ESS-CORE, ESS-BASE, ESS-HOME, ESS-CORE, ESS-BASE, ESS-HOME, etc.
- ESS-CORE can be software or hardware that empower ESS-ID to do its assignment. ESS-ID works as demolish and restore Root-ID (Seed). It also permits to do verification, encryption, decryption information to produce and adjust the Sub-ID.
- ESS-BASE is utilized as a place to bootstrap ESS-CORE which has the assignment to adjust Seed. ESS-BASE is available in multi-languages, so people around the world can use it in their life.
It can also be planted in machine or hardware, apps, and Dapps. In other words, ESS-BASE is only used by a user to control information at the shell-level, but it doesn’t use to keep user information.
- ESS-HOME has a function to correlated ESS-BASE and CORE tasks. It also can connect with the intermediate member.
- ESS-PAY can be used to control encryption in wallets and can be applied on plugins to associate and adjust another render processor, so the user can be used this method into hardware.
- ESS-Auth/Groups handles task such as creating, modified, and removing the authorizations, so it associates with the ID that correlated with managing a large number of members in one group. In other words, it can be used to erase another subordinate user statuses.
- ESS-FUEL has a task to operate and manage ESS Token level inside the framework, so it controls all of the token transaction and its cycle. This layer also works as security layer that protects the whole framework.
Properties in Essentia as New Framework
- Bonafide and Safe
Essentia framework has been made to work properly without obstacles and provides transparency about the process and constituent. It also fulfills all of the standard requirements to become bonafide protocols.
- Priority of Privacy
The main user in Essentia could be human or bot. The main users have the highest authority about their stock or wallets, so they can choose and fully control all of the privacy and information that they choose to be shared with another party.
The entity will be validated by using verification, encryption, and decryption by using ESS-ID that the user can manage to remove or not their virtual assets when they want. The user can determine to do interaction with the other parties in the same groups.
- Decentralized System
Every data or information received by ESS-ID will be kept on decentralization supply and only the main user can get the full access to the data from anywhere. The assets can be changed into physically things when the users preferred.
- Autonomous System
In the future, almost everything in manufacturing will be employed by robot or machine. It doesn’t need human to operate it anymore, so Essentia also provides this kind of functions too. This autonomous system can be applied in many hardware due to available in multi-languages around the world.
Essentia ICO Information
- Token: ESS
- ICO time: 2018-06-07 - 2018-07-07
- Price in ICO: 1 ESS = 0.0430 USD
- Distributed in ICO: 35%
- Accepting: ETH
Official Links:
Website
Whitepaper
ANN Thread
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Author:
bitterdog
ETH : 0x939e987B687d1E21d175340C02373bdDCEe31Bc7