Essentia (ESS)

Essentia (ESS) widget

ICO date: 07.06.2018 - 07.07.2018
Product Type: Technology
Industry: Computing & Data Storage
Description:

Essentia is a masternoded multi-chained set of protocols connecting centralized and decentralized resources to create new interactions and experiences.

Features:

Essentia is the modular decentralized and blockchain-enabled framework providing users with the system aiming at operation and storage of their personal data, settings, preferences, wallets, etc. Essentia enables users to create their operating system with on-chain capabilities that can be accessible from all the devices. All the data and assets are secured in special decentralized containers - Eccences.

Essentia will use ERC20 protocol for ESS Tokens which are managed mainly by the ESS-Fuel module. ESS will work as the fuel of the Essentia Framework. The Essentia ICO features both a bonus and a bounty campaign.  

Essentia gives users an opportunity to remain anonymous if they wish and also gives them the ability to keep data about their machine private. Third parties and dApps can access these data streams as pluggable oracles and developers can build on top of the Essentia framework to create data management tools, identity solutions, data exchanges, decentralized CRMs and more.

Essentia is built around the “Seed” - ESS-ID -  framework identification core working across all devices, platforms and blockchains, to control personal digital assets, attributes and connections to the physical world. ESS-ID can be created and managed by any software or device, so operation and control of the data can be carried out not only by individuals, but also robots, machines, devices, smart contracts and devices of the IoT concept (Internet of Things).

By using the Essentia framework, users will have a control over how and where their personal information is shared with other servers.

Founded: Switzerland, 2017
Website: essentia.one
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
High 3.4 / 5.0
Risk score
Medium

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See also