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The creators of the Edenchain project aimed to develop a platform with high performance and a high degree of security.Let’s find out whether they will be able to implement their plans to create a global economic platform for the new generation.

Based on the blockchain and the smart contracts,the project should allow its user to tokenize not only tangible,but not material values and carry out their trade without intermediaries and with low commissions.

The blockchain problems and their solutions from Edenchain

The project team plans to create the blockchain of new, third generation that would act as the main competitor to the Ethereum(second-generation blockchain) and would solve existing at this moment problems.The basis of their platform is called a programmable economy,which can be implemented with the help of smart contracts.All users will be able to benefit from participation in the platform,regardless of whether they sell securities or real estate or provide their services and share knowledge,creating educational content. In addition,the platform will be able to be used by a variety of areas(finance,health,games,energy,etc.).

The programmable economy is no longer a new sphere,with the growth and development of which have revealed some problems concerning its safety and productivity.Although the platforms already familiar to us have a sufficiently high degree of protection,their performance is often quite low,it often hinders the work on them.If platforms solve the problem of data processing speed,it often goes against performance.

Therefore, the Edenchain creators tried to find the most convenient balance between performance and security and solve the actual problems.Thus,the performance will grow without compromising the security of the platform.This factor is very attractive for investors and platform users, which can be ordinary and large corporations.

In addition,any user of the platform will be able to create a place for the sale of its assets and receive a fee for them,without additional involvement of developers.The platform security will remain at a high level thanks to a special consensus algorithm that can ensure data security inside and outside the blockchain.In addition, thanks to the innovative technologies used to create the Edenchain platform, it will be able to parallelize incoming transactions that are unrelated to each other and process them simultaneously, it will significantly increase speed and performance.

The project team

What else is responsible for the popularity of the project, in addition to its technical advantages? Of course, a professional team, and the Edenchain has it. The platform was created to unify the existing economic system and virtual currencies, it gives rise to a new era in finance in the form of an entirely new economic system - a programmable economy. It, in turn, reduces the percentage that you have to pay for transactions, creates a new sales market and monitors the fair distribution of fees.

The team members of the project have more extensive experience in the field of information technology and blockchain. Let's introduce you to some of them:

The founder and director of the project James Ahn has worked 20 years in IT, including in leadership positions.

Co-founder and experienced blockchain developer with ten years of experience Jenny Ryoo.

Another experienced blockchain developer Hokyun Kim, developer of Brian Park and director of development with extensive experience in the financial sphere is Kangho Kim.

In addition to an experienced and successful team, the project has as many as 15 partners and advisers from different areas:

Aaron Tay - Financial Adviser

Kwangho Lee - Technical Advisor

Don Chang - scientist, doctor of sciences in the field of AI and blockchain

Joongheon Kim - scientist, professor and others.

The project roadmap

2018:

Launching of the platform for the ICO creation
Testing of the platform and its wallet
Issuing of the platform tokens
Holding of the ICO
Testing of the exchange
Launching of the electronic wallet(web and mobile version)
Establishing of the partnerships
The Congress of the investors
Test launching of the platform

ICO Edenchain

The presale and the main stage of distribution of tokens have already passed.It’s noteworthy that the main sale,which projects are usually allocated a few weeks,in this case was closed after less than 2 minutes from the start! That is,investors who know in advance about the project,very much believe in it and gladly invest their funds,collecting for 110 second the amount necessary for the development of the platform.

We offer you to acquaint with the terms for the sale of the EDN token:

Total number of tokens — 1 billion;
Type of the token — ERC-20;
Hard cap —million dollars;

The token distribution:

for sale — 40%;
to partners — 15%;
for further development of the project — 12%;
to the founders of the project — 10%;
to developers and advisers— 18%;
for the Bounty program and advertising — 5%.

The conclusion

Edenchain is considered one of the most interesting and promising projects of 2018 and not just.As we see from the interest that investors showed during the ICO,the project was really able to attract the audience and investors and not a few.The combination of its technical characteristics and an experienced development team can really make the Edenchain a direct competitor to the Etherium and in a very short time.

Edenchain makes us a step closer to a new generation of the blockchain