Tuesday, March 6, 2018

Essentia(ESS)-Decentralized Platform for Data Management


Have you known a blockchain system for date management? this is about it. Essentia is a framework that allows users to have full control of their online identities. Users can control whether or not they want their identity to be completely private, whether they want to reveal certain parts of their identities, or whether they want to give websites complete access to their persona. Within this persona, information such as IP addresses, names, your region, and other personal information can traditionally be read by servers who sites you visit.The new paradigm-shift driven by blockchain technologies enables everyone to access a higher level of decentralization and privacy further to giving them the ability to build up and enjoy a completely new ecosystem. While blockchain-enabled ecosystems grow, stabilize and mature further, users currently lack essential services and solutions that protect their privacy, data, IDs or assets. Such solutions can unlock more complex, yet smooth, simple and powerful, levels of interaction through blockchain-based and decentralized technologies/ systems. Users are presented with more choice than ever before. However, choice is provided at the expense of privacy, security and personal data usage. Often users and their data are considered the product to benefit from. Users’ journeys are reliant on trusting third parties and intermediaries with the security of their data and software environments. In this context, being able to effectively protect users’ privacy and data resembles a paradox. Blockchain-based technologies have the power to solve the issues presented by this context. Yet in their current state, these technologies will not be sufficient nor effective until users are able to easily and proficiently interact with them. Decentralized solutions and intermediary-free services or tools are of critical importance to enable users to regain control over their freedom, privacy and what constitutes their digital “life pieces” including IDs and data.
Moreover-Essentia(ESS)
Essentia is a complete set of tools to create, access and operate your decentralised, digital life and identity. The digital life of an individual or organization can be encapsulated into a single seed, ready to be accessed and retrieved, either totally or partially, from any OS or device in the world. This is all done without sacrificing the core values of decentralization by improving usability and making a complete decentralized experience. Essentia will be an invaluable tool for humans to effectively operate and interact with their personalized selection of decentralized apps, assets, identities, machines and technologies in the new Web 3.0. Essentia is a modular framework that is bootstrapped from a Seed by deriving its extended keys in a hierarchical deterministic way and by associating to them their related “data” that are available encrypted on decentralized storage or on local copies/backups. Such data are associated to their corresponding labelled extended keys and are interpreted by the system, and by its components, as “registry entries,” configurations and content to be used when loading their related modules that compose the framework accordingly.Essentia is the framework for decentralized data management. It creates Essences, full fledged, decentralized and interoperable containers ofcomplete digital lives, with data and assets. These can belong to individuals, corporations or machines.Inside Essences, users own their data, identity and communications. Third parties and dApps can easily access these data streams as pluggable oracles and developers can build ontop of the Essentia framework to create data management tools, identity solutions, data exchanges, decentralized CRMs and much more.
The Main Framework
Essentia is the very first Decentralized Modular Framework suited for both humans or machines which enables them to fully dispose of their decentralized digital IDs, data and assets, even cross-chain, while granting full privacy and granular control over every and each process or aspect of the framework itself.The main user, or “Seed” as Essentia calls it, is the only one who has complete access to this personal data. Obviously, there will be certain situations where seeds may need to share more personal data for authentication reasons, but in general, this isn’t necessary. By using the Essentia framework, users will have full control over how and where their personal information is shared with other servers.
Essentia(ESS)-Key Fetures
Private
Only the main user, also known as the “seed” has full control over their data. Other computers, servers, or third-party entities can access seed information without prior authorization.
Customizable
Essentia is incredibly easy to customize for whoever is going to be primarily using it. Essentia can be used to protect the 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 hub that can be used to store multiple forms of identifications, personal data, information about assets, and more. All of this information is completely secure and decentralized.
The Problem
Essentia solves the issues that most commonly arise in today’s highly-connected world. Information is more valuable than ever and can fetch a high price on the market. Essentia gives users a framework which allows them to remain completely anonymous if they wish and also gives them the ability to keep data about their machine private. By using a secure framework like Essentia, users can be sure that they’re not being taken advantage of. They can filter out what entities are allowed to access data about them. This framework provides a way to fully decentralize your identity.
The Conclusion
Essentia is the decentralized framework to create, store and access your digital life. With one seed, you can control all of your dApps, identities, data, and assets. From anywhere, on any device, on-chain or cross-chain.The purpose of Essentia is to provide users with full privacy and security over their data by developing a bleeding-edge and user-friendly framework. The Essentia framework gives full and granular control to users and enables them to act anonymously, pseudo-anonymously or publicly. Its primary goal is to empower users with a toolset of decentralized solutions which the seamlessly integrate with on-chain or off-chain systems, services or resources. Essentia is a decentralized, modular framework, which gives you an opportunity to protect and store your private data, perform transactions using the Essentia wallet through different stock exchanges, etc. By design, the Essentia Framework is modular and highly customizable. This allows it to fit the maximum variety of use-cases and to smoothly scale in order to adapt even to the most exotic scenarios. Essentia is trust-less, but there are no doubts that it is the most reliable one. It does not require the user’s trust at all because it neither knows nor manages any of the user’s data/information in the open. With the help of Essentia you can seamlessly interact with both decentralized and centralized resources at the same time.
JOIN HERE
Website- https://essentia.one/
ANN Thread link- https://bitcointalk.org/index.php?topic=2704531.0
Telegram link- https://t.me/essentia_one
Whitepaper link- https://essentia.one/whitepaper.pdf
Bitcointalk account link- https://bitcointalk.org/index.php?action=profile;u=1503176
Username- rathnayake

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