EdenChain is a third generation blockchain targeting extremely high scalability, added security features, and streamlined means of utilizing smart contracts.
EdenChain exists as the most effective enterprise blockchain.

Read on to learn about this project’s strengths.

EdenChain SWOT Analysis

SWOT analysis sheds light on the potential of a project.

ICO investments function similar to venture capital, and as some of the most established names have said time and time again, the best decision is to invest in people. A strong team is one of the most important strengths a project can have.

EdenChain’s team is not only highly accomplished and experienced, but they also have well-developed networks (a product of the top hands’ lengthy CVs). Any start-up struggles to break into the market, however, EdenChain’s founding team has already leveraged their network to build valuable partnerships right from the on-set. This paves an enviable foundation, one that gives at least some degree of security to the long-term success of EdenChain.

EdenChain’s team is largely Korean and while that’s not an issue per-say, it just offers limited exposure to the global market; the smart contract industry is a global phenomenon and it’s important to capitalize on as many opportunities as possible to thwart development of competition.

However, EdenChain has recognized this weakness and have themselves addressed the issue by clarifying that they are making strong efforts to hone international peers and partnerships. The important thing is that the team recognizes what they need to work on and are making the efforts to seal the problem.

Blockchain technology has gained a lot of exposure in the past 3 quarters, and as a result, the demand for its utility has skyrocketed. The market for smart contracts is growing and a greater number of businesses are recognizing the efficiency and value they offer. EdenChain is launching right at the dawn of this growth in demand, meaning a successful delivery would see immediate usage.

Moreover, the project has the proper roadmap to capture the market as its goals are set on being the next enterprise blockchain solution. The development of this cutting-edge technology has now reached the 3rd generation, and EdenChain, as an early mover, is saddled in as one of the pioneers.

The focus on need of scalability is gaining mainstream understanding. Consequently, a large number of entrepreneurs and developers are collaborating with the hope of launching their own ICO for a blockchain aimed at scalability. This space might be getting so much exposure, that, even though theirs is limited competition at present, there soon might be a heated race to develop the most impactful 3rd generation blockchain.

EdenChain has a head start as it’s one of the first projects to raise funds for the development of a third generation blockchain. It’s important to note that it’s highly unlikely that this entire market will have one ruling blockchain; the whole concept of the decentralization movement is the split of power and control. EdenChain might have to share the market slices, but the sheer size, growth, and potential of the smart contract industry means even a slice could be extremely lucrative.

Wrap-Up: EdenChain is a third generation blockchain being developed by a highly qualified team that has saddled in important partnerships, thereby ensuring this blockchain can capture an early share of the smart contract industry.

EdenChain’s Essential ICO Links

🌐 Website: http://edenchain.io/
💡 Whitepaper: https://edenchain.io/wp-content/uploads/2018/04/EdenChain-Technical-Paper-v3-en.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3144036.0
💻 Telegram: https://t.me/edenchainio

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