ENDO

vitavisor (43)in #blockchain • 6 years ago

Few, who knows, in Russia, one million documents of OSAGO is fake. A fake automobile rights are 5 times larger. Fake diplomas, even more. And in the same America, 5% of citizens have fake passports. In Australia, this figure is 8%. It is difficult to prove such crimes. According to statistics, only 10% of deals in forgery of documents end with convictions. Authentication of documents for today is a huge problem. This is especially felt when representatives of one organization need to check the documents of another. Today in our review of the ICO project, which creates a blockchain platform for application developers aimed at authenticating documents. The benefit of such a platform can not be overemphasized today. So, we plunge into the informational revolution of ENDO.

Problem

It is difficult for us to imagine what our world will be, when information in it can not be faked. We live at a time when it happens everywhere and seems to be the norm. Whatever sphere of vital activity can not be taken - in any case there are facts distortion of information. Here are some examples:

Corruption. For an explanation, let's take a private example of corruption. Records in labor books. Today, no one bothers to come to any organization and ask the employee of the HR department to put a record about the work experience. For acquaintance or for a bribe. Therefore, this happens often, corruption is built on the same principle;
reviews about products or services. Now it is not a secret for anyone that the overwhelming number of reviews have been left to order from manufacturers to force a potential buyer to make a purchase;
Information monopoly. The management of any organization is able to change the documents as they want it. Surely, everyone knows examples from his life when a check comes and starts "running". Documents are signed backdated, faked signatures, quickly created reports based not on facts, but on from the head. Any worker can, as artificially raise, and omit;
Fake documents. An example on the surface is diplomas. Their authenticity is not tested in any way today. And you can order such a diploma for $ 100 on the Internet. An employee of the HR department can call the university and ask the secretary to find in the register a diploma by the number. But the secretaries are reluctant to do this, because they are not paid for it. Thus, some work honestly, while others survive at the expense of others. And this, only, is one of the few examples of the injustice of our reality;
document dependency. When a person loses his documents, it is always a big problem with recovery. Millions of people lose their homes, jobs, families because of fires, floods, wars. Someone for health reasons can not do it, somebody can not help, somebody just can not find the strength for this, starts taking alcohol and is lost in this life. Many people need help right now.

There are many more examples of problems related to documents and formal information. But this is enough to indicate a problem.

Solution

ENDO is a blockchain platform for application developers to authenticate documents.
The target audience of ENDO are:

ICO, listings, exchanges;
notaries, lawyers;
organizations for granting rights to arms, driving vehicles, etc .;
online stores that have feedback systems from customers;
universities, training centers, online schools;
etc.

Ecosystem ENDO consists of five layers:
blockchain and storage. Blockchains can be used different. While this is Bitcoin and Ethereum. Any external storage can be used to store data. Cloud storage, USB flash drives, hard drives, etc .;
protocol. This is the standard for communicating ENDO applications with each other. With it, all applications have the ability to communicate with each other. This makes it possible to combine their functions, to exchange user experience for improvement;
API is a function for interacting with external systems. With its help, any organization can implement any of the ENDO applications in its interface;
applications - they are developed by independent developers. They are rewarded for this as they are used by end-users;
the platform is the central layer, the core of the ecosystem. The platform contains something like a genetic code, all the requirements and rules of the system.

Team

ENDO consists of single-minded people. Managerial composition is represented by members with Russian roots. Ian Palmachinsky and Andrei Veselov attend various ICO events end meetups around the world.

ICO

Conclusions

ENDO has a strong idea and a well-coordinated international team of professionals. Soft cap project has already attracted $ 5M. ICO ends in 10 days, on August 25.