ENDO Blockchain Protocol For Secure Data Verification

in #bitcoin6 years ago

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On the Internet you can find any information. At the same time, there is a huge problem of checking the relevance and truthfulness of information that is publicly available remains. Any document can be faked, changed. It can simply become outdated, be ineffective and lose its relevance. There are a huge number of official registries and information that are publicly available. But this information is presented by various institutions, all information is not interconnected, not systematized and no one can guarantee its relevance. Information may simply become outdated and not true.

It's not for nothing that legal programs, whose developers monitor the daily updating of documents and their systematization, are so expensive, as well as the services of notaries, and just lawyers. But the current and systematized information is needed not only in the legal field, it is necessary in all industries: banking, finance, real estate, education or health care.

The problem of relevance of information, its reliability and systematization on the Internet is very important. Even a professional sometimes finds it difficult to find a new document or verify information, not to mention novices or users who are not connected with a particular industry.

ENDO offers a solution.

True, reliable and topical information is needed in all spheres of human life and in all sectors. Therefore, the scope of ENDO development is very wide and is not limited to anything, only by human needs.

In particular ENDO can be used:

  • when selling tokens, for listings, for exchanges, for implementing KYC procedures, for tracking the reliability of sales of tokens and changing documentation;
  • for the needs of notaries, lawyers, for example, when certifying documents and checking them for authenticity;
  • when verifying the authenticity and validity of documents for the right to manage various modes of transport, documents for weapons and other documents;
  • when verifying the authenticity of documents for the education received, diplomas, certificates, admission to certain activities;
  • for business needs when checking partners and counterparties;
  • when checking documents for real estate, rights and restrictions of real estate rights;
  • when checking documents for employment: labor books, recommendations, as well as education documents, permits and permits.

These are only some cases of using the ENDO platform. The ENDO blockchain can simultaneously process 65,000 transactions per second. This will allow the decentralized storage and use of a huge amount of information. ENDO will connect countries and continents, as the transmission of information and various documents between different countries usually causes great difficulties.

The alpha version of the ENDO platform is already available and is being used. The project has already collected a soft cap of $ 5 million during private closed sales. At the moment, private sale is carried out. Thus, enough funds have been collected for the further implementation of the project and the work of the platform. Hard cap is 15 million dollars.

The public version of the platform will appear in the 3rd quarter of 2018, in the 4th quarter of 2018 the main network of the platform will be launched.

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For a long time I drew attention and did not know that the project had good deeds. Thank you for the article.

There are so many things to know about the blockchain.^^:

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