Website: https://edenchain.io
WP: https://edenchain.io/wp-content/uploads/2018/05/EdenChain-Whitepaper_v1.2.pdf
Telegram: https://t.me/edenbounty
Simple financial truths
We all are a part of a huge ecosystem built on multitude of activities and interactions of different structures.In the end, we use the intellectual property of others,while creating something new.The knowledge that an individual receives in the course of his life activite,he always directs to the improvement of his life.
One of the main characteristics of well-being is financial stability.On this,in most cases,the knowledge and experience of a person as a professional and an employee of a specific field of activity are directed.So intellect and knowledge can be estimated in monetary terms,as,indeed,everything around us.Cars,buildings,devices,clothes,real estate-everythings has its price.
And the EdenChain project is designed to bring all of these opportunities to life,putting users in the pocket of tokens that are backed up by physical or intellectual assets.
The EdenChain project idea
One of the most important aspects of the project is not only investment potential.The development team also seeks to make the blockchain faster and more efficient. For a project of this scale,it’s vital,since the potential inflow of information into the network will heavily burden it.
As a result,the question of scaling the network arises,it has been tormenting the minds of all developers for a long time.For this platform developers have come up with a unique “name” system.Its essence is in assigning each operation to a name,and further distributing this parameter to the processing groups of the system.In this way,the chain can process a variety of calculations in parallel.
Together with this it was necessary to solve the problem of mediation in traditional financial transactions,so that the conceived idea o f tokenization became possible.Such problems are the duration of the transaction, its security, as well as the cost. All these factors arise because of intermediaries who are currently involved in most transactions.
The EdenChain platform implies excluding such structures from transactions and linking both sides directly. Thus, the cost of the process decreases, because the intermediary always requires a reward for its activities. In parallel, the security of transmitted information will increase, because it will not pass through unnecessary communication nodes.
Earning in the EdenChain
In order to start your business, you absolutely need any initial capital. It can be both tangible (real estate, cars, etc.), and intangible values (education, etc.).
The amount of funds you deposit depends on you and will be transferred to tokens, the amount of which corresponds to the proposed investments. For this, special smart contracts are used.
All these processes the team plans to lead to full automation. Using its own design, the E-Bridge system will exchange with external sources of information without giving them their data at the same time. This will allow us to use not only our own databases, but also to develop due to external systems.
The project team
Richard Jahnke
Many years of experience in various technical fields. He invested in many projects, including the most famous ones. He holds an MBA in Finance and Entrepreneurship from the University of Illinois and a bachelor's degree from the University of Michigan.
Aaron Taylor
Active financial manager (financial management). He took part in the creation of various venture funds, he is a specialist in this field.
Jessica Park
She graduated from the Dongguk University with a Master's degree and started her career with EdenChain.She has experience working as a press editor. Currently responsible for Marketing and PR.
Kwangho Lee
He began his career with LG.In the process of work he developed key technologies of the company.Specialist in creating databases in large companies. In LG CNS,he developed and implemented the assessment center for the Big Data team and was the judge of “Idea Farm”,which is an internal new bank of business ideas.
Kenneth Lee
Genius of mathematics and economics.He began his career in Singapore as a financial analyst. Prior to that he worked in a venture capital company,conducting analysis and Due diligence of high-potential companies in the adtech.
EdenChain token
The developers of the platform plan to collect a maximum of 24 million dollars. At this price of one token EDN = 0.06 $. Out of a total of 1 billion tokens, only 400,000,000 will be available for sale. The rest will go to the team and investors, and the development of the platform.
The platform perspectives
Scaling blockchain circuits is a topic that for a long time does not give anyone peace. The solution proposed by the EdenChain developers may well become the basis for something more in the future. The platform itself is aimed at a good income, which we will soon be able to verify.