EDC: Facilitating blockchain adoption by businesses

in #blockchain5 years ago

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Introduction

Blockchain technology is rapidly growing in terms of popularity, adoption and industrial revenue. Although, new market participants swarm in huge numbers on a daily basis, more is required to achieve the ultimate goal of blockchain mass adoption. For a start, getting small and large scale business to adopt the distributed ledger technology would be ideal. However, how many existing businesses are willing to place their reputation on the line for a relatively "unproven technology".
The blockchain technology is currently viewed as a two faced coin, with one side showcasing it's pros, and the other, it's cons. What is the probability of getting the former if flipped?.
Amongst the pros are its highly decentralised nature which neutralises the burdens of centralised servers and their associated costs, high security, great transparency, increased efficiency and reduced costs. Whilst these are undoubtedly appealing to businesses, issues like scalability, transaction costs etc leaves the future of this technology hanging in the balance IMG_20190624_153930_692.JPG
Until these issues are resolved, the dreams of widespread blockchain adoption remains a far cry from realisation.The time for a new revolution has come, thanks to EDC blockchain.

EDC Blockchain

EDC blockchain aims to improve the adoption of blockchain technology by business enterprises by eliminating the shortcomings limiting it's adoption. EDC blockchain is based on the fast growing Bitshares 2.0 and Graphene technology. Through the former, EDC is able to afford users a whooping 100,000 transactions per second, allowing customers and business owners reap the benefits of an efficient and viable business model devoid of lags and downtime. The ability to create multiple tokens at once is another at once is another breathtaking features available on EDC, thanks to Bitshares 2.0 technology. The latter technology, (Graphene) is an industry's game changer in terms of speed, heavily outnumbering the leading financial providers and cross border transactions companies in our conventional world .
The Graphene technology will form a rock solid foundation large and viable enough for business enterprises to increase productivity levels by leveraging EDC blockchain.
The low commissions on EDC blockchain is one that will definitely attract enterprises, investors and will pioneer a new generation of blockchain brands which will adopt low commission fees to encourage participants. All transactions on EDC will attract a rather meagre commission of 0.001EDC, not withstanding the amount involved in the said transaction.
EDC coin constructor is a tool which allows individuals and businesses create their own tokens easily. This feature will singlehandedly facilitate the adoption of tokenisation by business owners and start-ups, as well as simplify the process of crowdfunding for them. The coin constructor on EDC blockchain will help businesses save costs of hiring programmers, as well those required to host and create tokens on popular blockchains. One interesting side benefit of creating tokens using the EDC coin constructor is that token owners can list on EDC's partner exchanges at a subsidised cost.
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Security is highly non negotiable when it comes to digital assets. In order to attract a wide customer base, it must be proven beyond reasonable doubt that security is topnotch and devoid of flaws. EDC wallet doesn't fall short of these lofty requirements. It's simple, yet professional interface is every user's dream. The EDC wallet also offers users the opportunity mine and lease tokens, partake in investments, and deposit/ withdraw assets at their convenience.

Conclusion

EDC blockchain is a revolutionary project which plays a major role in the adoption of blockchain technology by businesses through the creation of favourable business conditions.

USEFUL LINKS
Website: https://blockchain.mn/
Whitepaper: https://blockchain.mn/wp-content/themes/blockchain/EDC_Blockchain-presentation_(EN).pdf
Telegram: https://t.me/EDCBlockchain
Twitter: https://twitter.com/EDCBlockchain
Facebook: https://www.facebook.com/EDCBlockchain/

Writer's Details
Name: Adaora
Bitcointalk Username: Adaora2323
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2011741;sa=summary

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