EDGECOIN : A Stable Coin that provides open payment system for educational Institutions

in #edgecoinpay3 years ago

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Although colleges take various forms of payment, never before has an institution of higher education gotten into the digital currency realm. Bitcoin, the digital currency most popular with e-traders and internet marketers, is now being readily accepted by reputable universities. This means that you can now fund your online masters of social work degree with Bitcoin, giving you a creative method of college funding. There’s a lot of controversy around this digital currency, but it’s not for the reasons you might think. Brazen hackers have gotten into personal bitcoin accounts, taking unsuspecting victims for all their worth with no recourse, but the cryptocurrency itself is thought to be harder to replicate than physical currency.
College students often pick up jobs and gigs during the summer breaks to help generate extra cash to pay their college tuition. The recent acceptance of Bitcoin as a legitimate form of payment across various college campuses may open doors for people looking for unconventional ways to fund their education. As crowdfunding and online donations increase in popularity with college students, some may begin to solicit Bitcoin donations, as they will lose less money through conversion and fees. In theory, an aspiring college student would be able to crowdfund the entire cost of their college education and then transfer the funds via Bitcoin directly to their colleges of choice. With fewer payment delays and instant online accounting access, people who thought they’d never be able to afford college might suddenly find new opportunities.

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INTRODUCTION TO EDGECOIN PROJECT

Edge coin is a unique educational stable coin that connects communities of academics and investors. It is a University-derived project which is designed to enable universities, students, startups, and organizations to create and manage their tokens easily.
One of the purposes of this great project is to bring schools and students around the world together by building a multi-university blockchain network, which will allow them to interact in a non-monetary tokenized way.
As the name implies, Edgecoin is built for students and universities where individuals can make education-related transactions such as enrollment fees, accommodation, books, and also to educate them on cryptocurrency, blockchain technology, and personal finance (decentralized finance). These will help them to learn how to trade and invest in digital currencies, enable them to store important data or information on blockchain as well as allow them to create their dedicated university-based tokens.

EDGE COIN: THE FIRST TOKEN CONNECTING UNIVERSITIES

Edge coin is a transparent, reliable, and secure project which is focused on academic values. Unlike other ecosystems, the Edge Coin ecosystem with its professional business-driven approach supports academic faculties.
It is a long-term project that has come to improve students, and innovate the educational system, by creating an educational panel that will not only promote tokenization but also educate the students about economics, DeFi, and new technologies.
One thing about tokenization is that it has great potential in crowdfunding which is one of the ways startups get financial backing. In simple terms, tokenization is a process by which tokens are generated for individuals, organizations, etc. It is very useful in ideal governing and security and data management.
For schools, students or individuals, businesses, organizations, etc who want to own their dedicated tokens, EDGECOIN is the answer, because it powers the reliable platform that will enable everyone to create, develop and manage their tokens easily.

EDGECOIN : BRINGING CRYPTOCURRENCY AND BLOCKCHAIN INTO EDUCATION

Cryptocurrency has become a very significant and interesting phenomenon since it was introduced, and it is one of the fastest-growing industries today. It is important to understand that a cryptocurrency is a digital asset that is created to work as a medium of exchange. It utilizes decentralized control unlike the central banking system and centralized digital currency.
As a digital asset, it allows fast and anonymous transactions. Bringing cryptocurrency into education will help students to understand the importance of owning tokens, and this will also help them to know about crypto exchanging and exchanges, thereby enabling them to trade, invest, send and receive tokens.
Apart from giving students courses about personal finance and new technologies, EDGECOIN creates awareness and educates students and universities about blockchain technology so that they can tap into the blockchain potential and innovative features.
Blockchain plays an important role in education, it provides academic information to students with its content titles diplomas, certificates, etc and one thing is that it is characterized by being highly protected from any risk that may affect them. This is the best way to ensure that certificates and diplomas obtained by students will never be changed.
Furthermore, blockchain technology increases the efficiency of financial accounting performances in educational institutions. It also disposes of paper documents thereby putting an end to forgery and paper loss. Additionally, it secures data management by dispelling any attempt to change data or information which is great.

AIM OF EDGECOIN

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Education and Database: The edge coin platform aim at offering education about cryptocurrencies from the blockchain system directly. This program will give online classes and provide more in-depth material on blockchain and finance to students. Besides, the implementation of the blockchain system in educational institutions will lead to further plans.

Utility Tokens

Edge coin has created a “Student App” that functions as a wallet. This application can be used to make financial transactions such as paying for services on campus. The application is super easy and safe to use.

ETC Ecosystem

The Edge Coin project is based on blockchain technology that allows getting a better network of interactions with other universities. Also, it is easier for student organizations or academic institutions to find additional funds to work on projects. These funds can be obtained from many investors around the world. Broad interaction will create a better EDGE ecosystem.

Data Storage

The system on the blockchain allows for large capacity storage. Besides, storage will be safer with data access that is much faster.

For more the information:

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