Enigma ENG White Paper

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Hello and welcome to this blog post about Enigma ENG White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.

There is a lot to learn about this futuristic tech, lets get started to dive into the Enigma ENG white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.

The aim of this blog post is to help you quickly understand about the philosophy behind the Enigma (ENG).

I can ensue you that, you will be able to understand every bits and pieces related to Enigma (ENG) after going through the Enigma ENG white paper.

Without wasting any further time lets get started to dive right in and lets understand white paper first.

What is white paper?

A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.

A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.

Enigma ENG White Paper

Enigma ENG white paper will be going to provide you, all the information that is needed to get started with Enigma (ENG), including the inspiration for creating, the problem it is trying to solve and the solution proposed by Enigma ENG white paper.

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Abstract

The recent increase in reported incidents of surveillance and security breaches compromising users’ privacy call into question the current model, in which third-parties collect and control massive amounts of personal data. Bitcoin has demonstrated in the financial space that trusted, auditable computing is possible using a decentralized network of peers accompanied by a public ledger.

In this paper, we describe a decentralized personal data management system that ensures users own and control their data. We implement a protocol that turns a blockchain into an automated access-control manager that does not require trust in a third party. Unlike Bitcoin, transactions in our system are not strictly financial – they are used to carry instructions, such as storing, querying and sharing data. Finally, we discuss possible future extensions to blockchains that could harness them into a well-rounded solution for trusted computing problems in society.

White Paper Link: Enigma (ENG) White Paper

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