ESSENTIA – A GOOD PRODUCT THAT CAN KEEP YOUR CONTROL OF PRIVATE INFORMATION

lethihongngan (26)in #cryptocurrency • 7 years ago

In the information era, everyone can access all of the newest news on the world. You can search for the knowledge you want to understand through the internet and everybody can understand about you at the same way. Especially, with the appearance of technology blockchain, our Earth seems to be a huge network where people can connect to each other without any limitation.

Sometimes in that era, I wish I had a secret space, secret time through the internet. Nowadays, almost application and technology product requires some of the private information for login. How can I keep my profile for myself? Have you ever had the same thought to me? Have you ever ask for a solution that can help you control your information on every application?

I did. That is the reason why I want to introduce a potential product that can help us solve these problems – ESSENTIA.

1. WHAT IS ESSENTIA?

The Essentia is a framework that allows users to have full control over their online identity. Users can control whether they want their identities completely private, whether they want to disclose certain portions of their identity, or they want to give the site full access to their individual.

The main user, or "Seed" as Essentia calls it, is the only one who has full access to this personal data. As I mentioned above, the seeds need to share more personal information for authentication reasons, although it is not useful. Users will have full control over how and where their personal information is shared with other servers by using the Essentia framework.

2. HOW DOES THE ESSENTIA WORK?

Essentia aims to create a fully functional and personal platform. The functionality of the platform is built from "seed" to the outside, based on basic cryptographic capabilities such as signing, verification, encryption and decryption.
Essentia's magazines explain it better than I can:

Essentia is a modular module that boots from Seed by retrieving its extensions in a hierarchical manner and by combining them with the relevant data that they are available to be encoded on scattered memory or on local copies or backups.

These data are associated with the corresponding and system-related extension keys, and by its components, the "subscriptions," configurations, and content used when loading modules their implications for framing accordingly. "
"Seed" in Essentia refers to the user's data. The user (or machine) is the only one who has full ownership, access and control of the seed, including all IDs, data, assets, and other connections related to that seed.

Essentia frames can be used indiscriminately by humans or machines (machines may include servers, IoT devices, etc.).

3. ESSENTIA’S DISTINCTIVE

• Features

Private: Only the "seed" has full control over their data. Computers, servers, or other third parties may not access seed’s information without prior permission.
Customizable: Essentia is easy to customize for anyone who is using it. With Essentia, you can protect your identity of machines and humans alike. Each person or machine will have different requirements and will need to customize the Essentia system to meet specific needs.
One Environment: The Essentia Environment provides a central location for storing multiple types of identifiers, personal data, asset information and more. All of this information is completely secure and decentralized.

• Benefit

Essentia addresses the most common problems that arise in today's highly connected world. Information is more valuable than ever and can be searched for a high price on the market. Essentia provides users with a framework that allows them to be completely anonymous if desired and also allows them to keep their data on their computer.

By using a secure framework like Essentia, users can be sure that they are not exploited. They can filter out which entities are allowed to access data about them. This framework provides a way to fully decentralize your identity.
The most prominent condensation tool in the proposed list of products is the single seed mechanism that seems to be equivalent to the concept of a master password and is reinforced by advanced coding methods.

It is initialized once, and without it a user (or even a machine - the Essentia project is also targeting the IoT economy in the future) cannot access the range of services that are already configured figure to work with it.

Between third-party services - cryptocurrency exchanges, wallet applications, file storage platforms, and Essentia kernel engines, have a variety of middleware modules, providing the ability for third parties. Three integrate Essentia solutions into their platform.

These would be API type modules that serve as a bridge between a user's ID / kernel on one side and browser plugins on the desktop, mobile applications, etc. ... on the other hand.

4. DEVELOPMET TEAM

Essentia is being developed by a nonprofit organization called Essentia One, based in Amsterdam. The organization is set up in 2017. As expected, the scale of the team reflects the ambition of the project. It is also a top-heavy technique that is also not surprising, given its high technical nature

5. CONCLUSION

Essentia is a secure, non-censored, and private digital identity system built on blockchain technology. The system is built with a hierarchy in mind: the team wants to provide full control of decentralization to the user by allowing interaction between users, machines and third parties on the chain and between side.

Overall, Essentia wants to create a framework for your digital life. That is the scope of this project that makes it an interesting one. Full product deployment cannot be expected before the end of Q4 2019. If the sale of the code card is successful, the project team needs to work to convey a clearer message to the overall project.