EdenChain: Changing the Rules of Economy

EdenChain is the project that was created to serve as the global ecosystem for the programmable economy. The system is based on blockchain which allows reducing processing fees, improving performance, and making transactions totally secure. This project can be valuable for applications and different industries, and may also serve as an ICO platform for start-ups to organize their ICO in various sectors, including B2B, P2P finance, shared economy, IoT, and so on. Alpha version of the project is expected to be launched at the end of April 2018.  

   Problems addressed by EdenChain

The main idea behind EdenChain is to implement programmable economy to solve two serious problems: lack of security for connection, and performance issues. EdenChain creators boost performance by using secure and reliable hardware and software which can protect the system against hackers. As far as EdenChain is able of monetizing all assets and executing rapid and cost-efficient transactions, it is versatile: you can use it in the frames of shared economy, games, ICO, IoT, etc.  

  Smart Contract – all-purpose solution

Operations performed in EdenChain will be based on smart contracts executed with the help of Solidity programming language. It is perfect for such services as payments and settlement. Thanks to the use of smart contracts, every asset (material and virtual, or intellectual), can be capitalized into tokens and traded without the need of the third party. EdenChain can reduce the transaction cost and serve as a totally new market.  

  Target Audience and Users of EdenChain

Theoretically, EdenChain can be exploited by businesses and individual users: this is a platform for transactions and trading, and there are no entry limits. The only restriction is geographical: people from China, USA and Iraq won’t be able to participate in ICO, and, probably, won’t be able to use the platform, as well. The users (Consumers) will need to create crypto wallets because the proprietary tokens will be purchased for cryptocurrency and stored in the Secured Wallet.   

Therefore, the participants of the project will be divided into two categories: consumers and service providers. Companies and businesses of any scale will be able to register and reap benefits of the programmable economic system offered by EdenChain.  

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