ECOINOMIC

in #blockchain6 years ago

eCoinomic is a new platform that provides financial services to crypto holders by: asset investment and asset management, exchange, transfer and settlement between users and partner projects. Block chain technology has many benefits and disadvantages that make it very controversial. First, block change technology empowers users to fully control their transactions. This makes them a responsible customer and raises trust for all users. It also helps to eliminate counterparty risks associated with the use of third party oversight. Also, chain blocks ensure transparency for customers and auditors alike. This is because it can be seen by all parties involved and the transaction can not be changed. Also because the transaction history is locked in every block, the auditor has a simpler and easier time understanding the movement of resources. This increases the general view of block chains as efficient and productive.

Loans are supported by crypto assets

This is the most popular and understandable service to date in the cryptocurrency market. Loans supported by crypto assets present a unique opportunity for the owner:

To use banknotes for business expansion for example, update the miner's hardware

To protect the exchange rate of risk and thereby reduce the exposure to market volatility

To take quick advantage of potentia's crypto assets

Assessment of collateral may vary from 50 to 70% depending on asset type, user ratings and loyalty program implementation. The minimum loan amount is 200 USD, the maximum loan amount is 10 000 USD. The loan term is 1 month. In the 4th quarter of 2018 after the launch of the platform, the cost of services to issue loans will be.

eCoinomic Token (CNC)

eCoinomic Token (CNC) is an ERC20 utility token, based on the Ethereum blockchain. The purpose of the CNC token is to pay the service charge on the eCoinomic digital platform. To assess the capabilities of the platform, users must undergo a simple simplification process. Then, in the newly created personal account, the user must add a CNC token to the balance to gain access to the selected service. Personal account balances can be refilled in two ways: by transferring a CNC token previously purchased in ICO and on crypto exchange or by purchasing a fixed price CNC token on the eCoinomic platform. After the project launch, the eCoinomic token value on the platform will be determined by the market which will be based on the CNC + 20% exchange rate. For example, for the loan amount 10 000 USD, the service fee is 60 USD, reflected on the token CNC. If the price of 1 CNC token equals 1 USD, the cost is 60 CNC token. If the price of 1 CNC token equals 10 USD, the cost is 6 token CNC. The various services and growing popularity of projects will ensure constant demand for their tokens and turnover on the platform.

eCoinomic is the perfect solution

For crypto owner:

Who buys cryptocurrency as an average and long-term investment expects high growth rates; Who receives crypto assets as payment for goods and services (eg miners); Startups and funds that require short-term fiat credit.

For investors:

Private sector investors who allocate monetary resources for revenue-generating purposes; Institutional investors interested in high profitability and low risk instruments.

The eCoinomic smart contract enforces the fulfillment of loan obligations and thereby protects investments for owners of crypto assets and fiat funds.

Features of platform engineering

The platform is based on the Ethereum ecosystem. Smart Contracts are built with Solidity. The main programming language is Python. All registered users who make loan applications can independently establish credit conditions: loan amount and interest rate. This platform allows to automatically seek / recommend partners to sign loan contracts. Applications of similar conditions are formed into groups operating on a FIFO basis (first entry, first exit). Each platform user can become a borrower and a lender. To ensure the stated volume of investment and ensure the speed of the funds transactions, the lender is required by the platform to open a deposit with a minimum amount of 10% of the amount in the loan application. In order to guarantee the assets pledged as collateral, the deposit is transferred to the platform user's personal account. In case if the crypto asset is not blocked by the current loan agreement, the owner may withdraw it from the platform at any time. Each user can sign a number of loan contracts for a period not exceeding 30 calendar days. The contract may be extended further under the terms of paying interest and service fees.

For more information visit:

Website: http://www.ecoinomic.net/

Twitter: https://twitter.com/Ecoinomicnet

Facebook: https://www.facebook.com/ecoinomic/

Telegram: https://telegram.me/eCoinomicchatroom

Pembuat : HendrikETW

Profil : https://bitcointalk.org/index.php?action=profile;u=1687040

ETH : 0x196E20f324D35676755e29f68085119fe2966E16

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