DON'T MISS OUT!! EDENCHAIN: A programmable economy, A possibility?

bossfoc (25)in #blog • 6 years ago

Hello my dear and highly esteemed steemians, I bring to you today a great project with a problem to solve and service that cannot be overlooked. I bring to you, EDENCHAIN.
The 21st century is witnessing a very huge revolution which can be likened to the industrial revolution of the 18th and 19th century and the internet revolution of 1965, this huge revolution is called the blockchain technology.
What is blockchain technology? I can bet we all have heard about blockchain technology or atleast heard about bitcoin either in passing or in active conversation. Blockchain is public electronic ledger that can be openly shared among different users and that creates an unchangeable record of their transactions, each one time-stamped and linked to the previous one. Each digital record or transaction in the thread is called a block and it allows either an open or controlled set of users to participate in the electronic ledger. Each block is linked to a specific participant. The key thing in the definition is "unchangeable record of their transactions". The security that blockchain offers is one of its endearing features. Just like any new technology, it will take time for blockchain technology to be adopted by the vast public. But few blockchain projects might shorten the time for the adoption of blockchain technology due to their applicability and services they are to provide. One of the few projects is EDENCHAIN.
Why is EDENCHAIN different and what real life problem does it solve? EDENCHAIN offers a programmable economy. A programmable economy occurs when blockchain meets the economic system. The programmable economy is a new economic system that capitalizes tangible and intangible values with blockchain technology, and freely trades through the Internet without the need for a middleman. That's right! without the need for a middle man. There are two main obstacles to achieving a programmable economy and these are :

poor performance
the lack of secured connectivity.

But EDENCHAIN aims to overcome these obstacles and offer us a successful programmable economy. Now I will go into details about Edenchain and it's perculiarities and why a platform that can be applied to a diverse array of industries and services, such as Initial Coin Offerings (ICOs), IoT, Shared Economy Platforms, Gaming, Finance , is the best project to invest in.

EDENCHAIN PLATFORM DESCRIPTION AND WHY EDENCHAIN IS A GREAT INVESTMENT OPTION.

A programmable economy, a possibility?
Eden is a blockchain-based platform that can be used to capitalize and trade all types of assets through programmable economy technology. By using blockchain Smart Contracts, you can capitalize all tangible and intangible asset values through tokenization. Edenchain aims to overcome the obstacles to programmable economy by providing high performance processing speeds. Edenchain will solve the problem of unsecured connectivity by using the E-Bridge layer to retrieve data from multiple data sources when a non-deterministic smart contract is interfaced with an external system. Eden encrypts this data and incorporates the Median Voter Theorem (MVT) to secure trust and to defend against attacks from hackers.

The bonuses and advantages of using edenchain's programmable economy includes;

It can lower transaction costs due a
system that is bereft of a middleman.
It can redistribute the profits that the
middleman has monopolized.
It creates a new market that has never
existed through the capitalization of
domestic and foreign materials; this in
turn can enrich the lives of many by
returning the economic benefits back to
Z them.

Edenchain's architecture consists of three layers: a distributed ledger layer, a validation layer, and a bridge layer.

Furthermore on security,Eden's key programs are implemented in the SGX Enclave to disable software attacks and hardware attacks, further enhancing secured connectivity when interacting with external systems.

Confidentiality is ensured by using an SGX enclave and an encrypted protocol, and privacy is guaranteed so that details of the transaction and smart contract executed in Eden cannot be seen by anyone.

Another bonus or advantage of using edenchain's programmable economy, transaction costs are lowered and the profits shared among community members.

The vision of Edenchain is; a world where you are able to employ the blockchain smart contracts to capitalize any and every tangible and intangible asset into tokens and trade freely without the interference of any middleman.

The long-term goal of Edenchain is to be the global platform for a programmable economy. We seek to build a highly secured inter-operable, high performance blockchain with low processing fees.

Worthy to repeat is the solution Edenchain is providing to the two major problems facing programmable economy; poor performance and non-secured connectivity.EdenChain focuses on solving these technical issues by employing software and hardware that can elevate the performance of the entire network and protect the blockchain against external hackers.

EdenChain can be used in a wide range of applications and industries; to provide an ICO Platform for start-ups to launch their own ICOs across all sectors such as IoT, B2B, services, P2P Finance, shared economy and etc. Not only are these industries huge industries but are the industries that have not reached their full potentials yet.

EDENCHAIN'S INVESTORS

EDENCHAIN'S AMAZING PARTNERS

Meet the brains behind Edenchain:

The team is made up of geniuses with plethora of experience in blockchain technology coupled with cloud and big data expertise.

TOKEN METRICS, ICO DETAILS AND TOKEN DISTRUBUTION.

As a platform that aims to provide an ICO platform for startups to launch their own ICO, Edenchain knows the intricacies involved in launching and having a successful ICO as they aim to raise a whooping sum of $24,000,000 USD.

The total supply of EDENCHAIN TOKEN WILL BE
1,000,000,000 EDN

1 EDEN at ICO price costs 0.06$.