Update README.md Project description

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--- a/README.md
+++ b/README.md

@@ -1,11 +1,10 @@
-# Caravel encoder
+# Caravel Multi encoder
 
 [![License](https://img.shields.io/badge/License-Apache%202.0-blue.svg)](https://opensource.org/licenses/Apache-2.0) [![UPRJ_CI](https://github.com/efabless/caravel_project_example/actions/workflows/user_project_ci.yml/badge.svg)](https://github.com/efabless/caravel_project_example/actions/workflows/user_project_ci.yml) [![Caravel Build](https://github.com/efabless/caravel_project_example/actions/workflows/caravel_build.yml/badge.svg)](https://github.com/efabless/caravel_project_example/actions/workflows/caravel_build.yml)
 
-| :exclamation: Important Note            |
-|-----------------------------------------|
-
-## Please fill in your project documentation in this README.md file 
+Refer to [README](docs/source/index.rst) for the project compilation. 
 
 
-Refer to [README](docs/source/index.rst) for this sample project documentation. 
+This work is an integrated multi purpouse encoder design which can simultaneously get two 32-bit data and key of 32-bit size for generating 32-bit encoded data. Those two 32-bit data may belong to the same process in case of data encryption(64-bit parallel encryption can be done) and it can be from different processes in case of signal processing applications to establish authentication.
+
+The encoder design is integrated with caravel. Inputs for the encoder can be fed from caravel management area through LA and output can also be read from LA.