Batu Permata: ESSENTIA

CREATE YOUR DECENTRALIZED LIFE

Project overview

The new change in perspective driven by blockchain innovations empowers everybody to get to a larger amount of decentralization and security further to enabling them to develop and appreciate a totally new biological system.

While blockchain-empowered biological systems develop, settle and develop further, clients as of now need basic administrations and arrangements that secure their protection, information, IDs or resources. Such arrangements can open more complex, yet smooth, straightforward and capable, levels of cooperation through blockchain-based and decentralized innovations/frameworks.

With Essentia we manufacture and offer a total measured structure at the client’s fingertips. The structure enables the clients with the full control and responsibility for information, IDs, data, security also, resources. The Essentia structure, which additionally fills in as a decentralized Operating System, can be utilized apathetically by people, machines, IoT gadgets and the sky is the limit from there. It incorporates decentralized and brought together assets in a single “place”, while it additionally securely associates and relates the client/machine’s mysterious, pseudo mysterious or open computerized IDs with their multiverse of information which is scrambled and put away on decentralized assets or locally.

Beginning from simply the Seed, utilizing the major cryptographic capacities of sign/confirm/encode/ unscramble, the Essentia Framework can bootstrap and scale up from an insignificant headless setup to an undeniable and customized stage or foundation. This empowers the client, being it a human or a machine, to flawlessly cooperate with decentralized assets, frameworks or administrations and in addition with customary or on the other hand brought together variations. Just the client approaches their own information, IDs, setups, inclinations, wallets and more, from anyplace on the planet. Engaging him to effortlessly interface and use on-chain, off-chain and cross-chain administrations or assets in a protected, private and solid condition.

The Problem

What if you were creating the most valuable resource on Earth, but giving it all away for free?

That’s exactly what’s happening to you, right now, with your data.

Digitally collected data is responsible for generating revenues of over $1 trillion dollars annually, fueling the algorithms of giant corporations that profit from the data you serve them, every second of every day. For free.

We believe there’s a better way: a way for everyone to own and control all of their data, all of the time, and to decide what’s done with. A fundamental building block of the internet is missing, and we’re going to create it.

The absence of easy to understand secure devices and administrations keeps clients from viably ensuring themselves, and their information, while cooperating with outsiders. Clients are not given divulgence of how their information is being utilized or its identity imparted to. Further, they can’t believe the situations in which their associated data is overseen and put away. They don’t have some other decision however to dependably uncover their information on the off chance that they need to utilize or interface with the wide dominant part of the current administrations.

The Solution

We want to give users, corporations and their devices full ownership over their identity, data, possessions and personal communications.

That’s why we built Essentia, a decentralized data management framework that creates a new way to interact with the web, preserving full data ownership and control. A framework that is easily integrable with any device, application, blockchain or website and which can act as the standard for how the decentralized internet is accessed.

The Features

Modular

The Essentia framework expands to fit your growing decentralized life. Add dApps, platforms, and wallets at the push of a button.

Scalable

High throughput allows Essentia to support millions of users simultaneously.

Full Data Ownership

Your data. Your property. Take the power back and regain control of your digital identity and freedom.

Multi-Chain. Multi-device

Essentia supports different blockchains including Bitcoin, Ethereum and many more. It can work on any device, IOT or CLI.

All In One Seed

One secure seed. Countless applications. Essentia is the key that unlocks your decentralized web experience.

KYC and GDPR by default

Conform to enhanced verification procedures safely without risking your data or privacy. Both for companies and users.

How ESSENTIA works?

The interactions of the ESS-IDs between themselves and with the blockchain, or third-party services, are initially managed by hybrid on/off/cross-chain solutions, the ESS-Bridges/Nodes. They are then translated into on-chain autonomous smart-contracts that will just use the bridges to connect with traditional resources and systems when necessary or requested.

USE CASSES

Individuals

Decentralized Passwordless Logins

Users can use eLogin to seamlessly login to websites and dApps, without the use of insecure passwords.

KYC Registrations

KYC compliance services can seamlessly accept new clients and securely store their data, decentralized.

Companies

GDPR Compliance

Companies in need of GDPR compliance solutions can use Essentia. Users can request the removal of their data, an action which is publicly verifiable using proof of onchain transaction.

Oracles for Smart Contracts

Insurance companies, financial services and banks can interact and trigger asset seizure, provided certain conditions are met, without relying on intermediaries.

Platforms Built On Top of Essentia

Reputation

Insurance companies, financial services and banks can verify the trustworthiness of a client through the reputation of their ESS-ID without relying on any intermediary.

Jarvis

A robot holding the keys to your digital life can act as an assistant, granting you sole control over its functionality using a master key.

Masternodes

Essentia will implement masternodes with a total block reward corresponding to 10% of the total supply of tokens ever existing to be PoS mined over the course of the next 7 years, plus the fees for each block.

Each masternode will require 100,000 (one hundred thousands tokens) to be locked in.
A total of 10,000 masternodes is to be expected.
Every block reward will be 10 seconds.

Token Distribution