Why We Should Be Excited About Essentia

in #blockchain7 years ago

The change in the digital economy and security led by blockchain technology provides everyone access to more decentralization and privacy online. Through a decentralized blockchain, people have more power to construct a new system that is stable and mature, letting users getting the necessary services and solutions to protect their privacy, data, and assets. These solutions can open more opportunities for more simple and powerful form of interaction because of blockchain technology. It is this simple fact that gives us the hype people are looking for with the release of Essentia.

People should be thrilled with Essentia because it helps users get used to this decentralized style of service and expands the power of the blockchain. Multiple solutions are right there on the phone to open up to online resources and have total control over their identity, digital accounts, and data. Essentia provides the solution of the landscape and allows a complete and versatile framework to have, giving power to its users that integrates with both on-chain and off-chain systems. It protects a user’s security by consistently upgrading its framework that makes it easier for complete control and allows users to work anonymously if they desire.

With Essentia, users know they are safe in this operating environment with the autonomy they have on their accounts because of the cryptographic way that makes it difficult for a third-party to infiltrate it. Only the users can decide to allow non-users to connect with them using their on/off-chain services and to decide whether or not to share their information with them. The data is also encrypted and keeping out any threat of hackers who can intercept them and the data itself is not publicly attached to the user’s ID.

Note these different modules that are part of Essentia. The software/hardware-based core-module permits the ESS-ID to act out its basic operations; the base module works to create, manage, and use data in different languages; the home module connects the base module and core module to the other modules. With the pay module, users can manage encrypted crypto-wallets and payment processors, and the groups' module is where users can open or close access to its list of users. These five of twenty-nine models as part of Essentia.

Blockchain technology has the power to find solutions for any issue in the new digital world. Still, it is in its infant stage and people are still skeptic on the use of blockchains because of the complexity they bring and the difficulty to work with it. It is made to be a liberalized setting and permit solutions and resources of importance that allows users to get control of their data. Essentia should excite people who know about blockchain technology and get newcomers interested because it fulfills the needs of many. This could be the pathway to the future of digital storage for everything in a business and personal account.

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So don't miss this opportunity

⭐️Useful Links⭐️

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Website : https://essentia.one/

ANN : https://bitcointalk.org/index.php?topic=2997600.0

WhitePaper : https://essentia.one/whitepaper.pdf

Blog : https://blog.essentia.one/

Twitter : https://twitter.com/Essentia_one

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Bitcointalk Username :- Cryptopal2

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