Hello guys, everyday alnew crytocurrency platforms are being formed. Today I will be discussing this awesome platform called ENDO with you guys..Happy reading!!
All our life's achievements, milestones, properties, events are mostly summarized in documents. No matter your status or wealth, we all have valuable information about us documented. Aside from individuals milestone in various organizations, signatures and documents are needed and passed from department to departments and at the end of the day they are archived and left in shelves for ages because they remain valuable to some extent.
Data verification is a process in which various types of data are checked for accuracy and inconsistencies after data migration is done. It helps to determine whether data is translated accurately when data is transferred from one source to another and supports processes within the new system. During verification, there may be the need to run both systems parallel to identify areas of disparity and prevent the loss of false data.
Various challenges encountered during data verification includes- lack of adequate platform where information can be verified, the process of verifying claims of individuals is costly and most times difficult.
Also, the system of storage of data either in physical form such as archived in shelves or digital form stored in centralized servers ate vulnerable to destruction of theft. Information can be modified or edited or replaced. Physical data or data stored is the cloud is subject to manipulations.
ENDO Blockchain Protocol has devised a Data management system for proper secured data management and information flow.
ENDO
The ENDO project is part of the blockchain data management sector, making the opportunities countless. In fact, ENDO does not want to create a product, but a service, able to be used with simplicity by application developers who aim to implement the "recognition" phase.
The goal of the ENDO is to create a common ecosystem dealing with the storage and interaction with the different data options. Such as the storage of documents, KYC, authentication, and rights to the particular product or service.
ENDO Protocol allows you to set the necessary algorithms and rules in the system to ensure effective interaction with data. To provide automation in the system, the company use modeling in the form of solving certain tasks of data representation and their content. Due to the strict regulation of personal data in many countries, the storage of information can occur as through the blockchain and the local servers.
The solution offered by ENDO is an automated data verification service that allows to check the authenticity of brands, medicines and food manufacturers, documents, including passports, foreign passports, driver licenses, permanent photographs, work visas and virtually anything you think .ENDO is a great tool for checking international credentials, using multiple proven data sources and making it possible to verify client identity quickly, even on the basis of minimal information. On the one hand, ENDO automates the process and saves time and money and on the other hand allows to receive new customers, improve service quality, to avoid fraud and reduce the risk level.
ENDO USE CASES
Identity Verification.
Storage of important verified files e.f drivers licenses.
Storage of Certificates from Institutions
Verification of employment history
Verification of awards
Exchange if verified document between organizations.
Easy storage of verified health history
KYC/AML verification
TOKEN DETAILS
Name : Etoken
Symbol : ET
Token sale Price : $0.45
Token Retail price : $1
ENDO is a mature project with an almost ready platform (MVP), where it is possible to already register LINK by testing the active modules in testnet, such as ENDO Documents and ENDO Workflow.
For more info visit:
Website: https://endo.im
Whitepaper: https://drive.google.com/file/d/1mR9BJBwFHX6spVL1u9LolkHSVpFEm3aZ/view
Facebook: https://fb.me/endoprotocol
Twitter: https://twitter.com/endo_protocol
Telegram: https://t.me / endo_en
Linkedin: https://www.linkedin.com/company/endofication/
Blog: https://medium.com/@endo_protocol
Ann (bounty) BTT Threads: https://bitcointalk.org/index.php?topic = 4193980.0
Author
Bitcointalk Username: Pweedy
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2231370