A SECURE WALLET FOR DIGITAL ECONOMIC ECOSYSTEM (ECOMI)

in #blockchain6 years ago (edited)

Lost of private key or passphrase as some people call it is the major fear of many cryptocurrency enthusiats. A private key is a sophisticated form of cryptography that allows a user to have access to his or her cryptocurrency. It is an integral aspect of bitcoin and altcoins and its security make up helps to protect a user from theft and unauthorized access to fund. Private key is so important that if a user loses his or her private key, he/ she can no longer have access to his or her wallet. In 2017, a bitcoin mining service was hacked to the tune of $64 million. Such stories can scare off amateur investors who feel bitcoin is not just volatile, but it's insecure. The reality is cryptocurrencies like bitcoin, ethereum, litecoin, ripple e.t.c. are secured and ordinary people can protect it without much effort. The problem people are facing now is that is not everyone that understand how it works and this lead them to make a choice that expose them to theft. With the help of ECOMI a newbie in cryptospace, can comfortably save his private without the fear of losing it.

ECOMI AND IT'S ECOSYSTEM
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Ecomi is a secure digital economic ecosystem that is supported by Ecomi technology. The motive of Ecomi is to design a user friendly platform that brings a secured blockchain technology to the mainstream with the benefits of having full decentralization, privacy and control over their cryptocurrencies which can be achieved with the use of Ecomi Secure Wallet and Ecomi One Card. With the help of the secure wallet and ecomi one card, private keys can be stored offline and can never be compromised. Before i talk about the mechanism of operation of a secure wallet, i will like to briefly talk anout the Ecomi ecosystem and what they are here to offer.

ECOMI ECOSYSTEM
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The Ecomi ecosystem consits of the Ecomi, the community ideas that focuss on building decentralized application that offer ownership, control and privacy by securely storing private keys on the Secure Wallet or the Ecomi One. The Ecomi ecosystem consists of

  1. A decentralized application market
  2. Ecomi exchange
  3. Personal data, Identity protection and storage
  4. The recording, protection and sharing of intellectual property
  5. A broad variety of P2P exchange platform including but not limited to cryptocurrencies, messaging platform, social media, encrypted file and data storage

MECHANISM OF OPERATION OF ECOMI
Ensuring private key security is the core objective of ECOMI and for this reason, the Secure Wallet and Ecomi One have to be on a Host. This can either be an android or Apple smartphone or even a desktop. The host synchronise with the cryptocurrency networks and Ecomi Dapps. Ecomi is designed in such a way that the secure wallet can be connected via wireless or bluetooth to the Ecomi app that is intalled on the host. If connection is successful, then the secure wallet will have an interraction with the app to carry out a specific task and at same time ensure that the transaction and private keys are well secured.
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WHAT MAKES ECOMI ECOSYSTEM DIFFERENT FROM OTHER PLATFORM
There are about five distinctive features that makes Ecomi ecosystem better of than any other platform. These features are (1) Secure Wallet (2) Ecomi One (3) Ecomi App (4) Ecomi Vault (5) Ecomi Collect. In this article, i am going to talk about the first 2 which are secure wallet and Ecomi one and in my next Ecomi Ecosystem article, i will talk about the remaining three features.

  1. SECURE WALLET: The secure wallet is the foundation of the ecomi ecosystem. It is a credit card sized hardware device that contains cryptocurrency private key. It is designed in such a way that it can avert penetration of any cyber attack. The secure wallet works hand in hand ecomi app. It is a true cold wallet with high level of security. It is very convenient to use and it can support bitcoin, ethereum, ripple, bitcoin cash etc. With secure wallet, physical transaction confirmation is ensured and it's environmentally friendly.
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  2. ECOMI ONE: Ecomi one is just like an ATM card or let's say a credit or debit card we use. It is built on the secure wallet technology. The Ecomi One can store both cryptocurrencies and fiat. Cryptocurrency lovers can spend their cryptocurrencies in the real world with Ecomi One thereby saving them the stress of going on exchange to exchange their cryptocurrencies for fiat. Ecomi One can be used at the point of sale anywhere debit cards accepted.
    one card.png

TOKEN DETAILS AND TOKEN ALLOCATION
ECOMI - Licensed Crypto-Collectables, Wireless Wallet... - Google Chrome 2018-06-04 15.51.51.png
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Token Type: ERC20

Token Ticker :- OMI tokens

Total supply :- 1,000,000,000 OMI tokens

Available for ico sale :- 500,000,000 OMI tokens

Hardcap :- $22,125,000

Token Ico price :- 1 OMI = $0.05

Accepted currency :- Ethereum.

ROADMAP

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  TEAM

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For more information visit;
Website: https://www.ecomi.com
Whitepaper: https://drive.google.com/file/d/1c8LZjH9MwkM48p9kBbw10t4S0fno_z3u/view
Lightpaper: https://drive.google.com/file/d/1FBSU5TEodBjB4wtIrHiI3ze80zpOsD1w/view
Telegram: https://t.me/ecomi
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3609319
Facebook: https://www.facebook.com/ecomi.ecosystem
Twitter: https://twitter.com/ecomi_?s=07

Bounty Ox username: sholex00

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