Review of the Edenchain ICO

What is Edenchain?

Edenchain is a form of blockchain technology, primarily Blockchain Platform Technology, which focuses on what is called a "programmable economy." Using the Edenchain platform, investors can capitalize on both tangible and intangible valves. According to Edenchain's Programmable Economy Platform, these tangible and intangible valves can be used merely by any person, company, or group of people who would like to implement the blockchain technology and tokenize it.

Edenchain Proposed Advantages

Edenchain claims (according to their Whitepaper report, Eden: Programmable Economy Platform) that their system has a significant advantage over their competitors. Edenchain reports the use of the E-Bridge layer to retrieve information from many data sources. By using a non-deterministic smart contact parallel with an external system, the data is encrypted. When this information is encrypted, a median voter theorem Securing trust is used, providing a defensive firewall against any potential attacks from hackers.

2018 EdenChain Platform Launch

The EdenChain platform is due to launch this year with three structures on board when they start this year. The three structures scheduled will be HelloEden, CleanDeal, and MyCreditChain.

Hello Eden will focus on the Korean Market. EdenChain will involve coin release, marketing, and investment. It provides a total service based on the programmable economy platform.

CleanDeal - an open-market platform run by YT Corporation and scheduled to launch in the last quarter of 2018. This platform will provide coins and Blockchain technology needed service for the CleanDeal program.

My CreditChain - the Edenchain program to provide coins and utilize Blockchain technology to give the P2P service. The My CreditChain scheduled for introduction sometime in early 2019.

EdenChain Global Protection

EdenChain uses Global DNS, Multi-Datacenter patterns, and Virtual Private Network technologies to provide secure service against disasters such as earthquakes, typhoons, and massive scaled attacks by hackers. According to EdenChain, their security claims there would be no interruption from the Eden Chain service zone to continue with no delays.

Programmable Economy

Blockchain technology and economy meshed and created the blockchain investment technology. The economy created as a new economic system that capitalizes intangible and tangible valves with blockchain technology and trades through the internet without the use of a middleman, such as a broker, or investment advisor. The middleman is no longer in the equation, and the buyers and sellers deal and sell with each other directly. No profits go to a middle person because the technology involves buying and selling with each other directly.

Upcoming ICO

EdenChain will be starting an ICO in the second quarter of this year with a cap of USD 24,000,000. EdenChain token is priced at 0.06 USD. Out of this planned investment, EdenChain intends to focus half of its funds on their proposed
technology platform.

Some financial experts overall, see EdenChain reducing costs for blockchain companies looking to running an ICO. They feel EdenChain technology solutions significantly lowering costs and giving other companies the confidence to run an ICO in the blockchain investment business.

Conclusion

EdenChain is currently the foremost proposed leader in providing security services to users and businesses worldwide of blockchain type investing. EdenChain's goal is to implement a system which assists at all times with no way for hackers to get into the system and retrieve valuable confidential information. The jury still out on how effective EdenChain's system is, and since the technology in its infancy, only time will tell.

Website https://edenchain.io
Whitepaper https://edenchain.io/wp-content/uploads/2018/04/EdenChain-Technical-Paper-v3-en.pdf

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