}

Introduction

Blockchain technology is a revolutionary technology that has disrupted the current scenario of mutual transactions and the world is experiencing the impact and benefits of this rapidly growing technology. Its all about getting in touch with technology development and gaining knowledge of how to properly understand and use the technology for the future developments. It all started with the introduction of the concept of blockchain technology with the rise of the king of crypto called Bitcoin, it opened a door for the mutual transactions which are peer to peer without the involvement of third parties and simultaneously providing safety and security with the user’s privacy is taken care of. This concept of blockchain technology is well appreciated and with the passage of time now it is well established and we are seeing further developments of this technology like the rise of decentralized concept (DeFi) And non fungible tokens (NFTs). DeFi supports all the financial activities on blockhain which includes lending/borrowing, staking and yield farming etc.

What is Edgecoin and its concept?

Though the blockchain technology is growing rapidly as we are seeing huge growth of crypto market and day by day more & more people are trusting and accepting this technology in their daily life, Yet its all about proper knowledge and best use of technology which counts. And it is a fact that yet there are majority of people which are not having proper and systematic knowledge of blockchain technology and how it works and what are the best uses of this revolutionary technology.

Edgecoin is a sound project with the concept of educating the people giving them lots of opportunities of earning while learning. Edgecoin is an Educational Stablecoin. While Stablecoins have been used to represent fiat currency in recent times, their use has been suggested to be far-reaching. This educational Stablecoin initiated by Edgecoin has emerged as one of its kind and could well mark the beginning of a partnership between education and blockchain.

Edgecoin is an Educational Stablecoin that provides an open payment system for educational institutions where individuals can make education-related payments such as enrollment fees, accommodation, books and all educational spending via a decentralized application. Our platform further makes it possible for these transactions to be finalized at the same speed as the internet while utilizing full educational infrastructure. Edgecoin platform is providing decentralized ecosystem and it a much faster and safer platform. Payments done through this medium are immutable; the records cannot be tampered with and it offers an added layer of transparency to the system.

Using blockchain technology

Education field and the blockchain field are the world’s biggest markets and Edgecoin is collaborating them and hence allowing to create dedicated tokens, educate about new technologies and use crypto assets in the daily life. This platform makes it possible to transact assets in digital form on blockchaim. The digital form which has multiple fractions can be transacted in parts. It will make the asset to get access to the mass people/traders/investors. In this way the demand increases and it will increase the liquidity. And the project with more liquid asset gets the best chance to survive and grow in this highly volatile and sophisticated market.

The current payment system employed by educational institutions usually involves a middle man or intermediary such as banks which charge additional rates for processing educational transactions. Since Edgecoin eliminates the need for an intermediary, the additional cost is therefore eliminated, greatly reducing the cost for the average student. Edgecoin is providing following benefits over the existing centralized system:

1. Make a transaction with no restrictions.
2. Payment is processed immediately.
3. Transaction processing in a secure environment.
4. No involvement of third parties and no heavy commissions are to be paid.
5. Users of Edgecoin platform can transact anonymously and the smart contracts of the platform take care of the trust required to conduct financial transactions.

Edgecoin aims to improve education monetary functions by taking full advantage of blockchain innovations and ensure it is trustworthy through traditional education finical infrastructure. In short, the stable Edgecoin issuedby the L.A Asset Management Ltd. that is supervised, managed, and audited and in strict accordance with the 1:1 ratio of a dollar in full, can integrate both the trust, stability of the dollar, and the availability, timeliness of digital assets.

Payment solution

Edgecoin is a payment solution designed primarily for the education sector. Using the latest advancements in blockchain technology with all its advantages of increased security and amazing processing speed. It is a solution to a long-standing problem that has plagued the education sector.

Users must sign up on the Edgecoin platform and complete the KYC. On completing the KYC, your can purchase and get “EDGT” Token that is a stable coin and its value is pegged with usd dollar. And finally, you can pay your College/School fee or make any educational-related transaction such as enrolment fee, accommodation, and books via the decentralized app.

The Edgecoin can be used as the currency for online lectures and webinars, as the payment option for the tuition fees. Students are the youth of any economy and the youth part of economy is always more energetic and ready to accent and utilize the latest innovations of technology. So when the students started using EDGT in daily life, it will attract more attention in the economy and will become hot pick.

EDGT token

EDGT is the native and governance token of the platform. The platform runs smoothly with the help of EDGT tokens. The payments on the platform are done via this token and the holders of this token are the stake holders of the platform and they can stake their EDGT tokens to earn passive income. The holders of the token become a part of the governance system and can help the platform to decide the best future development strategies. EDGT is a stable currency.

The Edgecoin ecosystem strictly follows the 1:1 ratio of one EDGT with one full dollar, so the platform is continuously developing and modifying itself to meet the required conditions to get stability of the EDGT token pegged with one dollar. The innovative project system is taking into consideration all required measures to achieve the stability of EDGT:

1. Address security flaws.
2. Extend new features.
3. Improve the system, optimize operational efficiency,
4. Suspend, block or revoke a pass transfer in response to security incidents (i.e. Catastrophic events), or execute as per the legal obligation or requirement of a court or other government agency.

RoadMap

The team is well aware of how to make systemic growth and make the project to mass adoption in the market. The team has lots of experience in various fields of blockchain and gradually the project is developing and achieving its gals with systemic plans and strategies worked out by this innovative team. The project has well prepared Roadmap for its current and future growth.

EDGE coin is presented in almost all social forums and is growing rapidly. More and more people are getting acquainted with this unique project and understanding this innovative concept of educating blockchain and guiding community to how to use this technology for their payment solutions in an decentralized ecosystem to get fast and low cost transactions in a transparent and anonymous environment. This is a trustless protocol and do not requires third parties to conduct transactions on the platform. The hardworking and experienced project team is well aware of the impact of social media, influencers and partners to make the hype of the project so that more and more people can join and understand this revolutionary concept and use it in their daily life to get more freedom and comfort. The project team has already joined hands with some big partners and many good partnerships are going on and that will help the project to get more attention in the market.

Check out these useful links to get more information:

Website: https://www.edgecoinpay.com/
Twitter: https://twitter.com/edgecoinpay
Telegram : https://t.me/Edgecoin_chat
Facebook: https://www.facebook.com/edgecoinpay
Youtube :https://www.youtube.com/channel/UC5ekVAo2GXdMPcM03Y6r78g

AUTHOR

Forum Username: ngapayak
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