ETHA PROJECT - PROVIDING SOLUTIONS TO SYSTEM OF PAYMENT AND REMITTANCE

lekato (12)in #ico • 6 years ago

Blockchain technology has brought some changes in financial industries and institutions all over the world. Blockchain technology is the basis and power house for the development and launch of crypto-currency which is known as the best means of transaction today. Blockchain technology offers series of advantages and usefulness when compared to the well known local banking method. Some of the advantages brought by new blockchain technology are TRANSPARENCY in the financial sector which was lacking in the local and traditional sectors, Low transaction fees compare to traditional banking sectors which charges high fees, Fast payment and transaction confirmation within seconds in which the traditional banking system could take days before it gets done. Blockchain technology has advanced to the extent that it can just be ignored. Blockchain technology has advanced to the level that the well known financial institutions and analyst have started predicting the change that is coming to financial sector. Financial leaders globally also believed that the payment gateway can be improved with the introduction and adoption of blockchain technology.

The traditional banking sector has been known with series of security issues in which it is believed with the adoption and implementation of blockchain technology in the financial industries, this issue of security can be rectify once and for all. The growth and development recorded with the use of blockchain technology demands the financial sectors to have a very strong security system. It was estimated that more than $4 billion was invested in blockchain technology in the year 2013 and likewise more than $21 billion was recorded in the year 2015 and lot more in the year 2017. Because of this increase in the number of investors and the amount invested, it is necessary to have an advanced security system in the financial sector.
Today I will introduce ETHA platform which is a decentralized blockchain based remittance and crypto payment platforms which aims to allow the exchange of digital currency to FIAT and vice versa.

ETHA platform promises lots of improvement in the way transaction are been done through the use of blockchain technology. The centralized platform which is the traditional platform has faced series of challenges which has affected its relationship and its progress. Some of the issue facing the centralized platform include; Lack of transparency and trust, high transaction fees, slow deposit and withdrawals, Difficulty in account registration, limited access to financial services, insecurity, Inefficiency, lack of market liquidity and lack of support for crypto to FIAT transfer. All these mentioned above is one of the reasons why ETHA has launched a new crypto-currency platform that will solve the existing issues.

It is observed that the local and traditional transaction method requires a lot of time simply because the process of transaction confirmation requires the services of third party. ETHA decentralized platform has promised to reduce the stress and the time for every transaction performed in its platform through the use of blockchain technology and smart contract to automate every transaction

Lack of Trust, Transparency and accessibility is another major issue facing the centralized platform. ETHA platform will allow users and crypto-lovers globally to have access to every transaction details on ETHA platform. The transaction details will be locked and likewise recorded on the blockchain network.

ETHA platform has promised to reduce the transaction cost on its platform through the use of blockchain technology. Blockchain technology increased the speed of transaction thereby reduces its accrued cost. ETHA platform will eradicate the use of third-party agents or services for transaction in its platform. ETHA platform is designed with the latest blockchain technology which this will help with quick automation of every transaction in the platform
The centralized platform have been facing the issue of security from the immemorial in which huge funds have been stolen in the process of security or system glitches in the centralized platform. Today ETHA decentralized platform has make everything easier for its users through the use of blockchain technology in which only the authorized users can access the public ledger

In ETHA quest to make its project the best and unique, ETHA has developed a mobile APP that will give easy access to users and also help the users in monitoring their accounts in the platform. Users will be able to follow real time exchange rate on the app and also users will be able to send FIAT to other users globally
ETHA will also launch its own decentralized exchange in which users will be able to trade and exchange their crypto-asset to FIAT and vice versa.

ETHA project has launched its own native token in the platform. The token is a utility token in which holders will be able to use it as exchange fees, discount on transaction fees, collateral on the lending platform, listing fees for other projects, and some other future exclusive services.

TOKEN DETAILS
Token Symbol => ERA
Token Supply => 1,000,000,000
Token Price => $0.06
Token Type => ERC20

TOKEN DISTRIBUTION
50% Allocated to token sale
20% Allocated to advisors and partnership
15% Allocated to ETHA reserves
10% Allocated to Team
5% Allocated to bounty

TEAM BEHIND ETHA PROJECT