Edgecoin is the world's first Education Stable Coin

in #edgecoinpay3 years ago

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It is not long when Blockchain was a buzz word and every business out there was rushing to hire resources for Ethereum development (Ethereum being one of the most popular Blockchains). But with time, the people and industry have matured, and now businesses emphasis on getting comprehensive Blockchain consulting services first before deciding to invest in the solution development.

Blockchain is a network of distributed ledgers, where information is stored in groups (known as Blocks) in the form of cryptographic hashes A cryptographic hash function can convert information of any size into a unique fixed length alphanumeric string. Two different information pieces can never have the same cryptographic hash.

Even, if a small change is made in the information, it will lead to a different cryptographic hash. Different types of Blockchains group a specific number of hashes in the form of a block and each block has a reference to the previous and next block, thus forming an immutable chain of a group of hashes connected with each other.

Problems in the education industry and how Blockchain can solve them

The education industry is not well connected, and information is stored in silos. It relies heavily on information published in physical form. Thus, the contents of the white paper can be changed, modified and updated for the benefit of the community, and these actions will be known to the public through social media handles.

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What is Edgecoin?

Edgecoin is an Educational Stable Coin that provides an open payment system for educational institution where individuals can make education related transactions such as enrollment fees, accommodation, books and all educational spending via a decentralized application to be settled at the same speed as the Internet while making full use of the education infrastructure, regulation and stability of traditional finance process systems.

How Edgecoin works?

3 Payment Solution: 1.Install & Register Edgecoin via the App. 2. Purchase your Edgecoins from the App. 3. Use your Edgecoins smartly. Users automatically mine and accumulate "Gradecoin" a fluctuating coin listed on the DeFi market, whilst holding Edgecoin. This allows the students to "Earn while they learn" and this also applies to the educational facilities who hold Edgecoin.

Why choose Edgecoin?

Edgecoin claims to be connected globally with safe, fast and secure transactions. The future for smart educational payment related fees.

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Read More Here:

Website : https://www.edgecoinpay.com/
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