Edenchain: The New Programmable Economic Language

3년 전

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The advent of the internet and its accompanying devices, along artitificial intelligence, have changed the way people live. This has had more impact on lives that many people cannot afford to go few hours without using such technological developments.
Just in that manner, blockhain technology has altered the way things are done and, how, ultimately, we relate with the word around us.

Birth Of Programmable Language

When blockchain technology crosses with the economic system, the Programmable economy is born. This is a new economic system that works with both intagngible and tangible values alongside blockchain technology. It works on the internet without the use of middlemen, a third party. This is unlike the former system where middlemen are the ones who give the services to both buyers and sellers while taking a certain percent of the money. Often, the middleman keeps both the buyer and seller at their mercy. However, in this new Programmable Economy system, both the buyers and sellers are tied directly, without the need for a third party. What this entails is that the cost of transactions become cheaper just as the whole process is made simpler.
The funds that would have hitherto gone to the middlemen, is shared by the participants within the new Programmable Economy.
With this new system, people can now make use of the blockchain technology to make sure their assets are tokenize, just as they register them on the blockchain to ensure their ownership.

EDENCHAIN: A PLUS TO PROGRAMMABLE ECONOMY
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With a high speed processing system, Edenchain, the new blockchain-powered programmable economy medium, takes care of the challenges with the running of economy system. With the ability to create diverse versions of the automated services using the smart contracts, Edechain ensures that there is interoperability with the outside system. Most conventional blockchain technologies like Ethereum and even Bitcoin are not secure as they are mainly prone to attacks by hackers. This is unconnected with the porous external interaction systems usually needed for non-deterministic smart contracts.

However, Eden ensures such is never the case with the E-Bridge layer that helps in collecting data from several sources once a non-deterministic smart contract is merged with the external system.

This information is encrypted by Eden with the Median Voter Theorem (MVT) which ensures that trust is given and hackers are prevent from exploiting the system.

Also, to make sure that the new system performs optimally and implementation is swift, Eden uses names namespaces, just as Merkle Tree and separates transacions simply hinging on its namespace. A large number of transactions are then undertaken at the same time. In addition, using the EVM and Solidity, Eden builds a blockchain that is trusted and can guarantee a safe connection as it is always being improve by the community. What this gives the users is the ability to trade on many blockchain powered assets, and on the long run, makes for a full realization of the programmable economy. One outstanding thing about the Edenchain platform is that it ensures confidentiality. The use of the smart contract makes it possible for only certain persons to be the only once that can see the details of a smart contract. Also, the content of any transaction can only be seen by certain persons, thus no one is exposed in cases where a third party sees the data.
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ICO details

Ticker: EDN

Token type: ERC20

ICO Token Price: 1 EDN = 0.0600 USD

Fundraising Goal: 24,000,000 USD

Total Tokens: 1,000,000,000

Available for Token Sale: 40%

Bonus for the First: UP TO 20% (PRE-SALE)

Token Issue: 20% monthly for 5 months

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Conclusion

Edenchain is altering the landscape in programmable economy and has surpassed other systems in terms of confidentiality and security to name a few.

For further information, please visit;

Website: http://edenchain.io/

Technical Whitepaper: https://edenchain.io/EdenChain-Technical-Paper-v3-en.pdf

Blog: https://edenchainio.wordpress.com/category/english/

Whitepaper: https://edenchain.io/wp-content/uploads/2018/05/EdenChain-Whitepaper_v1.2.pdf

MVP demo:https://edenchainio.wordpress.com/2018/04/30/demo-of-e-explorer-mvp-the-first-among-many-products/

Telegram: https://t.me/edenchaini

Btt name: Cryptobosslady

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1189770

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