Website: https://edenchain.io

WP: https://edenchain.io/wp-content/uploads/2018/05/EdenChain-Whitepaper_v1....

Telegram: https://t.me/edenbounty

The blockchain is used today in many spheres of our life.Most often new projects are built on the Ethereum,as not all developers want to spend time on the creation of a new reliable and functioning chain.However, Ethereum is also not elastic,so new networks are beginning to appear on individual blockchain,which can compete with it.Now we’ll look at one of these projects-EdenChain.This project,originally from South Korea, calls itself economic platform of new decentralized model.The project creators want to solve several existing problems in the blockchain world,including smart contracts in their platform,to create a high degree of security,increase productivity and transaction speed and reduce data processing costs.

The project can be used in many areas,for example:the Internet of things, the financial industry and the gaming industry.In addition,the platform will give the possibility to young projects to create their own ICO in the most various spheres.

The project innovation

The platform supports actually the most widely used programing language for smart contracts to simplify the work for developers.The EdenChain project is designed to increase the number of transactions passed,however, the developers don’t name exact number, without having conducted sufficient number of tests and tests that speak for them-they don’t throw promises in which they can’t be sure and which can’t be backed up by the results of experiments.

High performance and scalability can be achieved through transaction processing,which will be carried out in parallel.The platform can share unconnected operations and work with them simultaneously.

Participants and customers of the platform can transfer their funds to tokens and use them without intermediaries with smart contracts.In addition,the decentralized platform allows you to reduce commission when transferring funds to a minimum or completely refuse to them,since the processing costs will not be high.

The platform creators believe that the existing blockchain isn’t sufficiently protected against threats from outside.The platform security is provided by a multi-stage data encryption system,it will increase the degree of their protection.In addition,the used smart contracts will help you to safely communicate with the external environment.

The edenChain platform can be useful,as it will unite many applications from differents spheres.In addition,as we said above,the platform has the possibility of creating its own ICO,it will attract young and developing projects.

The project advantages

This project is one of the most expected projects in 2018.This is said,although would be that the stage of selling the tokens(which took place in May of this year) was completed in 110 seconds.That is,less than 2 minutes,investors bought tokens for 24 million dollars,it indicates the huge interest of the audience.Among the project advantages,which attracted the audience so much,it’s possible to single out a team,innovative technology and many famous partners-all this is very important for potential investors.In addition,the homeland of the projectis is South Korea,which is now considered one of the most technologically developing countries.

An interesting project is that ,within the framework of the economic platform created by it,one can buy and sell not only material values(stocks,precious metals,etc.) but also not material(time,knowledge,etc.)That is, any user can earn tokens without possessing any assets,but having useful skills or information,providing various services.

The project team

The project employs a rather large number of employees,except for it only among the partners there are 15 persons.

James Ahn is the general director of the platform,a master in the field of software.

Janny Ryoo is a co-founder and senior developer of the blockchain with more than ten years of experience in the IT field.

Hokyun Kim is a developer of the blockchain with almost 20 years of experience.

And etc.Indeed, we can say that that the team has gotten pretty strong and with a lot of experience in the IT field and the implementation of the blockchain.

ICO EdenChain

As we have already said, the project ICO was completed in a very short time due to the huge interest of investors and their belief in the successful future of the EdenChain platform.

However,we suggest you read the term of the EdenChain ICO

Token: EDN

Type of the token: ERC 20

Rate: 1 EDN – $0,6

Total issued: 1,000,000,000 EDN

For sale: 40% (400,000,000 EDN)

Purpose of fund raising:$ 24,000,000

Accepted currency: US dollars,Ethereum

The conclusion

In conclusion, we would like to say that we consider the project to be innovative and useful,despite the presence of more popular and developed competitors.In any field, a new look and continuous development,which the new EdenChain platform can give us.It also has the advantages of increasing performance and scalability while reducing transaction costs,that is,platform commissions.Also in favor of the project says such a quick sale of its tokens, so the world of the blockchain really needs EdenChain.