Selasa, 27 Juli 2021

EDGECOIN | EDUCATION STABLE COIN WHICH PROVIDES AN OPEN DECENTRALIZED PAYMENT SYSTEM FOR EDUCATIONAL INSTITUTIONS

 


INTRODUCTION:

Recently, the world of blockchain and cryptocurrencies has seen an increase in popularity among investors and traders. With Bitcoin reaching new ATH amid massive market volatility, many have looked to other areas driving the acceptance and expansion of decentralized financing (DeFi). The two main players that facilitated this expansion were the introduction of NFT and Stablecoins.

While Stablecoins have been used to represent fiat currencies in recent times, their use has been suggested to be far reaching. Thus, the introduction of Edgecoin, Educational Stablecoin into the DeFi space has attracted widespread interest. This educational stablecoin initiated by Edgecoin has emerged as one of its kind and could mark the beginning of a partnership between education and blockchain. Blockchain in particular has interesting use cases in education, among them the payment of tuition fees, including other academic payments such as books and accommodation. Payments made through this medium cannot be changed; records cannot be tampered with and offer an additional layer of transparency to the system.

To fully understand the specifics of this Edgecoin project, we spoke with Luke Arliss, co-founder and CEO of Edgecoin.

Edgecoin provides an open payment system for educational institutions where individuals can carry out education-related transactions such as registration fees, accommodation, books, etc. through a decentralized application.

The Edgecoin Payment System has been built to bring transparency, security and process efficiency to the education payment system. Edgecoin is
a fully decentralized system based on the star blockchain. And blockchain technology has great potential and is suitable for Digital Payment Systems as it enables peer-to-peer services for users involved in transactions while offering transaction transparency and data security.

What is Edgecoin?

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.

You automatically receive Gradecoin while holding Edgecoin, a coin that fluctuates in the DeFi market. Due to the huge demand & interest in this project, we expect 10x in the short term and possibly 100x in the longer term.

Why Choose Edgecoin?

  • Instant Transactions
  • Cost reduction
  • The World's First Education Stable Coin
  • Automatically stake Gradecoin while holding Edgecoin
Edgecoin is globally connected with guaranteed safe, fast and secure transactions. This is the future for all smart education payments.

How does Edgecoin work?

Let's watch the video


Payment Solution:
  1. Install & Register Edgecoin via our App.
  2. Buy your Edgecoins from the App.
  3. Use your Edgecoins smartly.
Edgecoin customers deposit stable Edgecoins in exchange for one dollar, and Edgecoins are redeemed or “destroyed” while Edgecoin dealer partnership agents deposit Edgecoins on the FTSE and exchange them for one dollar. In addition, Edgecoin can transfer funds on the star network

Edgecoin ensures fund compliance through rigorous KYC and AML reviews of partner agencies and institutions. Specifically, Edgecoin customers can exchange and withdraw Edgecoins to any Stellar (XLM) address they specify on major exchanges and OTC platforms according to a 1:1 mode.

Edgecoin processes transactions via a smart contract based payment system powered by the stellar blockchain, resulting in:

Make transactions without restrictions.
Payments are processed immediately.
Transaction processing in a secure environment

Edgecoin Features:


Transparent System:

  • At Edgecoin, digital payments on all transactions are public and secure as transactions cannot be changed in any way due to blockchain technology. The unique features of the blockchain create a secure and transparent environment for all parties involved in the transaction.

Security:

  • Edgecoin processes transactions through a smart contract-based payment system built directly into the platform. As a result, payments are transferred in a secure environment and this blockchain technology eliminates data security concerns.

High speed:

  • EdgeCoin is based on the STELLAR blockchain. Thus, transactions are processed in 5 to 10 seconds, which is much faster than cryptocurrencies or other fiat payment systems. Moreover, the transaction fees on the STELLAR blockchain are negligible – .00001 XLM per transaction (i.e. 1 cent per 1000 transactions). So that payment for education services becomes cheap and instant.

KYC and AML:

  • EdgeCoin implements very strict and reliable KYC and AML procedures. Thus, educational institutions will always know who is paying for what. However, students have to deal with documents only once – when they join the system.

Edgecoin Vision:

The basic and long-term vision is to provide a secure and transparent peer-to-peer digital payment system for Educational Institutions based on blockchain technology with the help of a DApp powered by the Stellar Network.

OUR DESTINATION:

Our goal on this project is to organize our tokens including blockchain into real student coins and is the number one project that gives users the privilege to act on broad scale tokenization for people, companies, companies building decentralized ''DEFI''. Large-scale tokenization is a procedure that requires easy operation through the common ecosystem built by Edgecoin coin with the help of the #Edgecoinpay ecosystem everyone will have the ability or easy knowledge to generate all types of tokens and increase them along the lines. The #Edgecoinpay coin also aims to enable tokenizing of people, companies and enterprises, and also provides a means to manage token consumption, and can easily list new types of projects.

One of the main advantages of #Edgecoin coin over blockchain based projects, is that Edgecoin coin is mainly supported and assisted by highly educated and intellectual business-oriented academic faculty and also academically sound people in all fields in business with the help of academic world participation will help by leveraging an open and complex network and tokenization, which can be easily used by anyone, and also by bringing or providing solutions to business startups.

Information Token

What is EDGT Token?

EDGT is the native token of the Edgecoin payment system based on a star-based blockchain system. The amount of Edgecoin issued and circulated must not exceed the underlying Won balance. Edgecoin needed a solution that provided a secure offline approval mechanism while providing a flexible online approval mechanism.

A hybrid solution is proposed, namely, "Wake up" custody, which controls smart contracts that increase the supply of Edgecoin tokens, both online and offline approval mechanisms are involved. To implement this unique approach, we insert a smart contract called a 'Build Limiter' in the custodial 'Build' chain. With online lock approval, 'Build' can issue Edgecoins to the amount specified by "Build Limiter" or "Upper Limit".

This upper limit increases after offline keyset approval (or decreases after online keyset approval). The solution provides the Edgecoin system with the security and flexibility required for a pass.

EDGT Tokenomics:


  • Name: EDGECOIN
  • Symbol: EDGT
  • Supply: 10000000000
  • Token Type: Custom Token
  • 1 EDGT = 1 USD
What is Gradecoin (GRTC)?

Edgecoin has one native fuel token called Gradecoin GRTC. Gradecoin is a fuel token for the realization of Edgecoin network resource control, with a maximum total limit of 10 billion. There is no minimum unit of GDRT and tokens can be subdivided.

If the EDGT is transferred to a new address, the next GRTC generated will be credited to the new address. When a large number of spam transactions occur, Edgecoin can be used to prioritize transactions and smart contracts with qualified identities. Eligible digital identity transactions and smart contracts can be prioritized by paying GRTC.

Gradecoin Utilities:

  • Gradecoin will be the native Edgecoin token enabling cross-asset intermediary currency settlement.
  • All network participants writing transactions on Edgecoin must use GRTC Tokens to settle block transaction fees.
  • All nodes participating in Edgecoin will be rewarded in GRTC Tokens for processing and validating transactions on the network; each node needs to stake a fixed minimum amount of GRTC Tokens (varies by node type) to contribute to the network.
  •  Staking Benefits: Users can stake GRTC for 10 days in the app and earn up to 20 interest annually.
  • Soft-staking: Edgecoin Soft Staking offers users a new way to earn rewards of up to 5% interest annually on cryptocurrencies held in the app. Rewards are offered on flexible terms - no "lockdown" required. Soft bet maximum limits vary depending on currency, and users with more GRTC staked in the app are eligible for higher limits
How Does Staking Gradecoin Work?

  1. Connect your wallet via Metamask, using Chrome, Edge, or Firefox browsers. Safari and Opera browsers are not compatible with Metamask and will not work.
  2. Select the coin you want to deposit and start betting inside Edgecoin.
  3. Get your W-Edge coins followed by your Gradecoins located in the wallet you created for deposit.

What are the benefits of Staking Pools?

  1. Early entry into our Liquidity Staking Pool allows you to stake Gradecoins before the main exchange lists.
  2. When you enter our Liquidity Staking Pool early, you reap the benefits of automatic entry into our fluctuating DeFi token, and receive 34% Gradecoin at 0.20.
  3. Early entry increases the number of Gradecoins you can bet against Edgecoin before listing major exchanges
Tokonomics from GRTC:


Roadmap:


Username: Devani17
ETH Wallet Address: 0xfC9eC58F3F077874ABdAf6F971f63E84d6F134c4








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EDGECOIN | EDUCATION STABLE COIN WHICH PROVIDES AN OPEN DECENTRALIZED PAYMENT SYSTEM FOR EDUCATIONAL INSTITUTIONS

  INTRODUCTION: Recently, the world of blockchain and cryptocurrencies has seen an increase in popularity among investors and traders. With ...