OVERVIEW
Edenchain is one of the best projects been launched in 2018 and the project is really a nice project. What they are trying to do is to create a third generation platform for the programmable economy that deals on execution and security. It intends to do this by building a blockchain with enhanced versatility, interoperability and insurances.
Edenchain platform can be used by some newly launched companies to create their own ICOs, services, peer to peer finance, etc.
Edenchain is a platform created on the blockchain innovation that enables all tangible and intangible values to be exchanged/traded. The platform utilizes smart contracts to underwrite all esteem advantages of the token. The smart contracts incorporate virtual and actual economies to build a new financial system and a programmable economy. The platform enhances security and speed through the use of blockchain innovation to come up with programmable financial aspects.
HOW DOES EDENCHAIN WORK/VALUE PROPOSITION
The achievement of programmable financial aspects is hindered by two difficulties, they are execution and absence of secured connectivity. Edenchain unravels these two challenges by utilizing Merckle Tree and Namespace to take care of the issue of execution by the execution of various Namespace. The platform also utilizes E-Oracle technology for exterior system networking. The programs on Edenchain are executed in the SGX Enclave to garantee secure connectivity with outer systems.
In the present system, mediators frequently provide services to purchasers and the dealers in order to make transactions quick and safe at a fee. In programmable economy, the blockchain innovation and the existing economic system meet though the web.
For this situation, the programmable economy makes sure that it capitalizes on the tangible and intangible values with the aid of blockchain innovation and enables unhindered transaction through the web. In this economy, the purchasers and merchants associate straightforwardly without the requirement for a mediator, which brings down the cost and rearranges the exchange procedure. The system additionally enables contributors in the network to get a part of the income.
Utilization of blockchain innovation additionally considers the tokenization of assets such that they can be enrolled as a major aspect of the blockchain, exchanged with tokens and allow the utilization of IoT to enable fast trading.
Edenchain can be utilized for various businesses such as ICO, IoT, shared economy, etc
FEATURES OF EDENCHAIN
Their are some interesting features that Edenchain offers, they are;
LOW FEES
Edenchain offers lower and affordable cost for the handling and execution of transactions on its smart contract
HIGH SPEED PERFORMANCE
Here, edenchain makes use of Namespace which speeds up the transaction and in large volumes. It handles all volume of transactions and can adapt and process fast as the volume of transaction increases
SECURITY
Edenchain secure interoperability enables/aids the smart contracts in the ecosystem interwork with outer systems, which upgrades security.
TEAM
This project has a super star team of professionals and advisors that are very much experienced in all ramifications of the blockchain and they are very vast and experienced and are going to make the project a success. Below are some of the team members;
ADVISORS
PARTNERS TO THIS PROJECT
SOME BIG INVESTORS THAT ARE BACKING THIS PROJECT
MAIN POSITIVES AND WHY YOU SHOULD INVEST INTO THIS AMAZING PROJECT
(1) Edenchain has a solid team backing this project as they are well experienced to take this project to a good height and also, they have great partners as well that would definitely aid this project to become successful.
(2) The permissioned blockchain that it is makes it easier to be implemented in the real world.
(3) Edenchain can process high volume of transactions per time as compared to other platforms.
ROADMAP
This project has a well drafted roadmap that would surely make this project a real success. Take a look at the roadmap of this project
To know more about this site, ko
Website: http://edenchain.io/
Technical Whitepaper: https://edenchain.io/EdenChain-Technical-Paper-v3-en.pdf
Blog: https://edenchainio.wordpress.com/category/english
Official telegram- https://t.me/edenchainio
Official facebook page- https://web.facebook.com/edenchainio?_rdc=1&_rdr
Official reddit page- https://www.reddit.com/r/edenchainio/
Bitcointalk account- https://bitcointalk.org/index.php?action=profile;u=1911309
Eth wallet address- 0xC685B07B60e09E87912F3d44531a8710e0C6668C