With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, EDC Blockchain, a global platform with its own cryptocurrency, providing ready-made blockchain solutions for business has arrived.
"The blockchain technology has been getting a lot of attention lately for its industry-disrupting capabilities. As a result, many industries are falling over themselves to try and incorporate the blockchain.
Each computer in the blockchain network has its own copy of the blockchain, which means that there are thousands, or in the case of Bitcoin, millions of copies of the same blockchain. Although each copy of the blockchain is identical, spreading that information across a network of computers makes the information more difficult to manipulate. With blockchain, there isn’t a single, definitive account of events that can be manipulated. Instead, a hacker would need to manipulate every copy of the blockchain on the network."
With that being said, the EDC Blockchain uses the most advanced technology BitShares 2.0, based on the Graphene platform, where open source acts as a consensus mechanism.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is EDC BLOCKCHAIN?
As depicted above and as indicated on the official website of EDC Blockchain, EDC Blockchain is a global platform with its own cryptocurrency, providing ready-made blockchain solutions for business.
This platform is useful for all users in that anyone can use the EDC coin as a business owner. The starters will find this helpful to build themselves up because is its Standard and how important it is for them to use it.
When its comes to designing their own special coins this project will be helpful and that will make many business owners able to settle and make the right choice for their businesses to grow.
Coin Affiliation, which is used within the system
This is a Blockchain native coin in which the token is based on the protocol.
The company uses the coin as an approach to monetize its intermediary administrations.
The token is bound to operate within the EDC blockchain platform.
It helps in making individual tokens through the use of the EDC Blockchain coin constructor. Also, it compensates in dependability and cashback frameworks. A reward can also be used when trading for extra organizational services. There is also a collection of exchange expenses for any coin with within the blockchain technology.
EDC Blockchain platform provides users with lot of beneficial ideas and panacea for business, among the following;
EDC platform gives users the Oppourtunity to trade in global exchange. This means that the EDC cryptocurrency is widely traded on different exchange.
There is no computer power consumption during EDC cryptocurrency mining. The mining is based on it mines on the LPoS (Lease proof of stake)algorithm and masternodes. Right from the first day a user operates on this platform, the user gets profits into the EDC wallet.
With Bitshares 2.0 graphene protocol on the EDC platform, users enjoy speedy deals. Users also take advantage of very low commissions and also it's multitasking quality, especially during multiple tokens transaction.
The EDC Blockchain Wallet
The Users accumulate profits into the EDC wallet, which is now updated. It has been recreated into simple multipurpose tool.
The wallet has lots of features which includes; storage ability of any EDC Blockchain tokens, renders multicurrency support, provides access on all browsers and platforms, speedy/secured transaction and supports coins lease to the masternode for direct wallet mines.
This means that users shouldn't border to keep the PC turned on nor perform any further task or actions. The tokens are easily leased and the EDC is mined into the wallet on daily basis.
It has the ability to ensure the storage of tokens given out on the EDC blockchain
It offer a unique multi-currency support system
Its fast, secured and reliable during transactions
It is fully accessible to all browsers
The wallet can also allow for leasing of coins to the master node to be used for carrying out mining directly from the wallet.
The Utilization of EDC Coin
This is the utility token of EDC Blockchain made to be utilized inside the framework. Utilizing EDC coin any business or individual can utilize coin maker to make its own crypto coin which gives dedication and cashback frameworks to their clients. EDC coin is utilized as exchange charges for any auxiliary coin inside the blockchain. Anybody can adapt their middle person administrations utilizing EDC coin. Furthermore, at last, all the income of the organization that produces by coin maker administration and all exchange expense that create by EDC coin exchange in the middle of EDC Blockchain will be naturally scorched which is a decent point for financial specialists.
About EDC Blockchain Decentralized Exchange
Users will have a total control of their own assets, which makes the assaults from hackers meaningless and futile. There is a financial focus that gives the connection among purchasers and sellers at the centralized exchanges. It allows you to trade them and processes orders. The EDC Blockchain's decentralized exchange circulates these functions, and does not, in any way, permit any sort of risks. In this manner, this trade will be one of the most secure as we speak.
Platforms and exchanges for trading EDC
There are numerous platforms in which users can easily exchange their EDC tokens. These platforms are in the image below:
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Till next time…
For more information, please visit:
BLOCKHAIN WALLET: https://wallet.blockchain.mn/registration
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.