ENKRONOS-THE ULTIMATE SOLUTION FOR TRUST MANAGEMENT OF USER DATA
When I mention ENKRONOS, what should come to your mind is "TRUST" Many of us could remember the dispute against Facebook CEO, Mark Zuckerberg early in 2018.
Here is was Davis Cicilline, an American politician, posted on his twitter status in June 2018:
Sure looks like Zuckerberg lied to Congress about whether users have "complete control" over who sees our data on Facebook. This needs to be investigated and the people responsible need to be held accountable.
What does this say about how The legislation and the law look at big companies that have to deal with big data? exactly - with suspicion.
There have been a lot of situations where big companies have to face the law or even get shut down, simply because of an allegation that user-data is being exploited. Where all those allegations through? Where they false? Well, we don't know that. What we do Know, is that there was no real way of verifying whether user-data was exploited or not.
Accountability for user-data usage is a problem that even the big companies that utilize big data like Facebook and Google haven't solved. According to GDPR, user-data should be private and released only with the permission of the individual user.
The law was surely not going to take their eyes off the big-data companies until a system platform came that could ensure the safety and privacy of user-data while still allowing individuals and business to carry out their activities.
I'm glad to inform you that that platform is here… meet ENKRONOS
INTRODUCING ENKRONOS
ENKRONOS is a blockchain platform aimed at restoring the trust in big data platforms by keeping a complete ledger of activities, hence allowing businesses work smoothly with the law, without having the fear of running into an unsolvable dispute with the law.
THE PROBLEM WITH USER DATA AND THE LAW
If there's one thing the law takes seriously, it's exploitation of user-data. The law is always actively making research to ensure that user data is not being exploited. And when they have even the slightest feeling that a company is exploring user-data, That company should get ready to appear before the court.
User data is a vast entity. The law can't investigate user-data exploitations and come out with the right results. Hence, even innocent companies are occasionally sent shutting down because of lack of clear evidence that user data was not exploited.
ENKRONOS TO THE RESCUE
ENKRONOS is hard at work, launching various platforms targeting different niches, all aimed at allowing users (be it tech companies, hospitals or BIG DATA companies) carry out their activities, while being assured of the fact that they are in a platform that keeps an "impossible to tamper" accountability of activities as strong-enough evidence in case a dispute occurs in the future.
These apps are scattered across various sectors including the social media industry, tech, health, finance, and many more industries.
I'll take a deeper look at these individual apps in later articles. I suggest you have a look at ENKRONOS WEBSITE and WHITEPAPER for more information
THE ENK TOKEN - THE POWERHOUSE OF THE ENKRONOS PLATFORM
The ENK token is the In-House token of the ENKRONOS platform. It is an ERC20 token which serves a lot of functions on the platform. some of these platforms include
- As payments for in-app purchases.
- As a currency for receiving funds in crowdfunding.
- For purchase of products and services on the platform.
A LIST OF THE ENKRONOS APPS
ENKRONOS have a lot of apps, some already launched and others soon to be launched. In future reviews, I shall go in-depth on the APPS.
You can click here or here to check out my reviews of some of the apps
Don't forget to click ON ENKRONOS WEBSITE TO LEARN MORE, OR CLICK HERE TO VISIT THEIR WHITEPAPER.
You may also click any of the links below
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