Edgecoin is the world's first Education Stable Coin

in #edgecoinpay3 years ago

Introduction

Blockchain is most commonly associated with cryptocurrencies such as Bitcoin. Data entered on a blockchain is stored in blocks that are linked together in chronological order, making tracing the data’s origins and verifying its authenticity relatively easy.

These features, in addition to its decentralized nature, have led to the technology being embraced across several industries, most notably the financial sector. According to the International Data Corporation (IDC), worldwide spending on blockchain technology across all industries is projected to grow from more than $4 billion in 2020 to more than $14 billion by 2023.

One industry where blockchain is just beginning to make a mark is education. The use of blockchain in education is still in its infancy, with only a handful of institutions adopting the technology. A 2019 survey by the research firm Gartner revealed that only 2% of higher education institutions were using blockchain, while another 18% planned to do so over the next two years.

Today, institutions that have adopted blockchain mainly use it to store and share academic records and credentials. However, researchers believe that technology can revolutionize education in several ways: increasing opportunities for lifelong learning and pay, creating greater efficiencies for educators through smart contracts, and offering students ownership of academic records, among other benefits. While the possibilities are promising, issues such as data security, scalability, and cost all present challenges for the widespread adoption of blockchain in the education sector.

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Edgecoin is the world's first Education Stable Coin providing an open payment system for educational institutions where individuals can carry out education related transactions such as registration fees, accommodation, books and all educational expenses through a decentralized application to be completed at the same speed as the Internet while taking full advantage of educational infrastructure, regulation, and stability of traditional financial process systems.

ABOUT EDGECOIN

Students are the next generation of tomorrow's workforce, who will determine the success of both present and future businesses. It is critical to make university programs more accessible in order to provide students with the opportunity to receive a better education. Of course, it isn't a simple process. Reducing tuition costs will result in a less budget for qualitative researchers, instructors, programs, foreign collaborations, and other activities. EDGECOIN solves this problem by providing a compromise that is acceptable to both educational faculty and administrators, while simultaneously ensuring that all transactions are completely secure.

EDGECOIN innovation is promoting blockchain technology since it enables growth more inclusive to international students and eliminates the need for costly, ineffective banks. This platform is at the frontier of Decentralized Payment systems, addressing the issue of international bank transfer fees being delayed, and making growth more inclusive to everyone interested in learning.

EDGECOIN is designed with educational institutions in mind. To begin with, it provides a basic and easy redemption mechanism to make it easier for institutions to transition to digital payments. Second, EDGECOIN follows highly stringent and dependable Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. This will allow educational institutions to know who paid and what they paid for at all times.

WHAT IS EDGECOIN AND HOW DO I USE IT FOR SCHOOL FEE PAYMENT?

EDGECOIN application may be downloaded.
Sign up for the EDGECOIN platform and complete the Know Your Customer (KYC) process.

You may now use the EDGECOIN decentralized software to pay your college/school fees or conduct other educational-related transactions, such as l enrollment fees, housing, and books.

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INFORMATION ABOUT THE TOKEN

Name: EDGECOIN
EDGT is an abbreviation for Electronic Data Gathering and Transmission.
A stable Coin is the type of token used.

EDGT is worth one US dollar.

Total Supply: 10,000,000,000 TOKEN AND FUND Administration FOR EDGECOIN (EDGT) AND GRADECOIN (GRTC) EDGT Fund distribution EDGECOIN (EDGT) Fund distribution GRADECOIN (GRTC) Fund distribution EDGT Fund distribution
1 EDGT = 1 USD 10B Market Cap 150 Million Token Sale 1 EDGT = 1 USD 10B Market Cap
EDGE Tokens worth ten billion dollars
Distribution of EDGT Tokens
For every 40 percent token for the user, ten percent developers, twenty percent team/advisors, and thirty percent stakeholders are allocated.

Distribution of the GRTC Fund

Grade Token (GRTC) is worth 0.20 USD and has a market capitalization of $10 billion.
Distribution of GRTC Tokens
For every 40 percent token for the user, ten percent developers, twenty percent team/advisors, and thirty percent stakeholders are allocated.

THE ADVANTAGES OF EDGECOIN FOR IMMEDIATE TRANSACTIONS
Costs are being reduced.
The First Educational Stable Coin in the History of the World
Stake Gradecoin automatically while holding EDGECOIN in your hand.

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The usage of blockchain technology is growing since it is no longer restricted to the commercial sector. Blockchain is currently being used in education to make learning easier. Because we all know that tomorrow's leaders are children, the EDGECOIN team created this initiative to familiarise universities, faculties, and kids with the principles of blockchain and cryptocurrency. EDGECOIN not only will provide a solution to the educational system's most pressing problems, but it will also pave the path for the new of cryptocurrencies.

More details here:

Website : https://www.edgecoinpay.com/
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Linkedin : https://www.linkedin.com/company/edgecoinpay

AUTHOR

Forum Username: delima01
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2745920
ETH Address: 0xbaA94af4A681cf2df5b9fcD509d7ca79b304026B

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