Most of the actions or tasks on the Internet require data usually. The data has the information about us. If you want to learn something about a person, you need to access his or her data. Today the access to someone's data is a violation, especially when some new technologies, such as smartphones, are used.
When you use the Internet, you can enable access to your geo-location, and other people will be able to quickly access all of your data. In most cases, we do not have control over personal data. "Hackers" can access data without your permission just because this information quickly spreads through the network.
Access to any data without permission has become a chance for sellers of information. They collect your data and pass it on to organizations that buy this information and use it in the settings of ads that will match your interests.
Obviously, the data industry has many problems, the information business is under a real attack on data collection from the network.
Moreover, there is no authenticity in the information we received from the Internet, because the sources of social information are numerous and this makes it difficult for the client to confirm where this information originated from.
On the other hand, people easily part with their data, without copying or restoring them. Recover lost data is not easy with the current model, which the data industry is working with.
Due to all these problems facing the data industry, it is necessary to make changes in this sector.
The platform called ENDO comes to the rescue, the purpose of which is to save data industries from the problems mentioned above.
ENDO is a decentralized platform aimed at returning rights to the information business for individuals. Thus, they will control their information and can provide access to third-party services.
ENDO also tries to get away from paper archives and put everything on electronic media, so you can store data in computer space.
ENDO highlights an agreement that will consolidate and validate information on the platform and exchange it.
ENDO uses a blockchain to verify users, to save and share data, and to authenticate users. For complete isolation and confidentiality, a private blockchain has been created, it will be needed to verify the transfer of information.
Your data will be reliably saved and if necessary it will simply be transferred to a regular network.
ENDO also uses the Delegated Proof of Stake algorithm and the Byzantine Fault-tolerant Consensus to increase the throughput rate and reduce data processing and storage.
The long-awaited development of the ENDO project will greatly influence upon the verification of information data, since it can be used in numerous areas. ENDO will allow you to confirm the available data and to confirm their authenticity.
The decentralized ENDO platform is a huge database on which your data will not be lost, but even in these case, the data can be easily recovered.
ENDO is a project that can help to save your data for the rest of your life!
WEBSITE
TELEGRAM GROUP
BOUNTY THREAD
UNIQUENESS -
