ESSENTIA
What is Essentia?
essentia ico reviewEssentia is a framework that allows users to have full control over their online identity. Users can control whether they want their identities to be completely private, whether they want to reveal their identity part, or whether they want to give them complete access to their site. In this persona, information such as your IP address, name, region, and other personal information can be read traditionally by the server whose site you are visiting.
The primary user, or "Seed" as it is called Essentia, is the only one who has complete access to this personal data. Obviously, there will be certain situations where seeds may need to share more personal data for authentication reasons, but in general, this is not necessary. Using the Essentia framework, users will have full control over how and where their personal information is shared with other servers.
Aspect
Private: Only primary users, also known as "seeds" that have full control over their data. Other computers, servers, or third party entities may access seed information without prior authorization.
Customizable: Essentia is very easy to customize for anyone who will mainly use it. Essentia can be used to protect machine and human identity. Each person or machine will have different requirements and need to customize the Essentia system to meet specific needs.
One Environment: The Essentia Environment provides a central hub that can be used to store various forms of identification, personal data, information about assets, and more. All this information is completely safe and decentralized.
What issue did he solve?
Essentia solves the most common problems in today's highly connected world. Information is more valuable than ever and can get high prices on the market. Essentia provides users with a framework that allows them to remain completely anonymous if they want and also gives them the ability to store data about their machines privately.
By using a secure framework such as Essentia, the user can ensure that the product is not utilized. They can filter out what entities are allowed to access data about them. This framework provides a way to fully decentralize your identity.
Positive
Decentralization: By using Essentia, you can fully decentralize your personal data. Each user has full control over how they share their data.
Nonprofit: Essentia operates as a non-profit company based in Amsterdam, and plans to provide all of their services for free.
Customizable: The Essentia framework is easy to customize for any user or machine that uses it.
Negative
Marketing: Essentia has not yet made headlines and has not encouraged marketing for their services. As a result, they are relatively unknown.
Confusing Tech: Essentia provides a great framework for keeping a person's identity safe, but can be very confusing to the layman. Those whitepapers are directed to be understood by IT professionals.
Restricted: Americans, Chinese and Koreans are limited from ICO investments.
The Solution
We want to give users, corporations and their devices full ownership over their identity, data, possessions and personal communications.
That’s why we built Essentia, a decentralized data management framework that creates a new way to interact with the web, preserving full data ownership and control. A framework that is easily integrable with any device, application, blockchain or website and which can act as the standard for how the decentralized internet is accessed.
Generic Exchange
The ESS token can be used to pay for a range of generic trusted third-party services
that are connected to Essentia. Various goods/services/content/fees linked to the in-house dApp Centre plus integrated and trusted third party marketplaces and dApp stores will all available to ESS token holders. These tokens are also swappable instantly inside the Essentia Framework itself too. Users can then convert ESS for the purpose of paying recipients with other cryptocurrencies as outputs.
Distributed Governance
The ESS token enables a distributed governance layer built into the Essentia
Framework. This will be open to all users of the platform, enabling them to have a say in project-related decisions. Users are able to make proposals or vote for them using the ESS token. In doing so, they are able to play a crucial role in the evolution of the platform. Because Essentia is a resource they actively use and appreciate, the community is primely positioned to have a say in how it should develop and evolve. Later, ESS will also enable holders who possess a certain amount of tokens to enjoy access to dedicated exclusive resources, details of which will be disclosed in due course.
Projects already integrated with Essentia
WEBSITE || WHITEPAPER || FACEBOOK || TWITTER || TELEGRAM ||
Author : piqulhdt28
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