The best description of Essentia is a complete modular framework which empowers its users to get back their full control and ownership toward their digital data (including personal information) and assets. The users of this framework could refer to human or machines. Now, the question is: what is good about such a framework?
Users Protection
The current violation of users’ privacy is one of several reasons why Essentia is brought to you. The existing platforms are unnecessarily asking for some sensitive personal information such as habit, address, social relations, and often financial details then store the data into a centralized database.
Unfortunately, no one of those platforms and the system they use can guarantee the security of those data, with the risks of data breaches and leaks, identity and money theft, scams etc. On the other hand, the users themselves no longer have control over their own data.
Now, the Essentia brings back the full data ownership to the users by offering a decentralized data management. It also empowers the users to have full control of their data so that they can decide what’s done with it. You could read about the further information about that on its whitepaper.
The user's protection is on the top of Essentia consideration, yet it is not the only problem that Essentia’s going to solve. Perhaps we will not discuss all of the information written on the whitepaper, but let’s see how good this technology could be by viewing the other advantages. Now, we are moving to the second benefit: Access.
Access: All in One Seed
Essentia is the real form of a framework with the best access. With Essentia, you could get all of the connection in one seed. It means that you could login and access other platforms from one place without repeating filling the registration form manually. All you need is giving the permission for other platforms to access your data from your ESS-ID.
What is ESS-ID? It is a digital ID which contains users’ identities and data. The data mentioned here including wallets, documents, configurations, files etc and users will be able to change, restore and back up the data.
Take note that users even could choose which data being shared, some or all of their data. For example, one ID could be used to access online shops, to be connected to one’s bank account, log in to an app, social media account, game and more. In this case, a user could give different sets of information for every platform.
Besides giving you the access to multiple platforms, the system also protects you from any questionable data usage. This way, you could avoid the risks of giving unnecessary information or too much information to untrusted platforms.
ESS Token Information
The token which will be used within Essentia framework called ESS token, which is created with an ERC20 token standard. According to the roadmap, the ICO of ESS tokens is held on Q2 of 2018. In case you want to know about the token utility and function, please visit, read or download the token utility document at https://essentia.one/Token_Utility_draft.pdf.
Links:
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Author:
Ashadiya_
ETH Address: 0xf6C481e9bf059DB0a38b876Ab893D11e31C338E3