Introduction
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.
About Project and feature
Edgecoin pay was designed after in-depth research on end users and student perspectives for the ease of use of today's payment systems in the educational arena.
In a radical move that will change the infrastructure of payment facilities in the education payment system through blockchain technology forever.
EdgeCoin and Education Payments
A team managed by LA Investment Ltd and supported by Mr Chandra, who is director & shareholder of Global University has announced with many other universities the launch of a new digital stable coin (Edgecoin).
It is basically the most important game-changing cryptocurrency in the market due to being the only educational stable coin out there in the crypto space.
Luke Arliss & Armon Rabiee have launched a new cryptocurrency which is a stablecoin called Edgecoin. Its founder, Luke Arliss, describes it as “a solution to the problem in the banking system of the high fees currently imposed on students”.
“We have really just scratched the surface, in blockchain technology which was well and truly recognized as one of the most significant technologies of our time like the internet was about 20 years ago. It will fundamentally change the world as we know it”, – said Luke Arliss who has been a key figure in blockchain technology and in the cryptocurrency world for many years.
Functions and Roles
Edgecoin created an open and decentralized payment system for education payments, this was initiated a few years ago after the discovery of the difficulties encountered with education in the industry that affected not only students, parents but also universities, which continued to struggle to receive payments on time.
Edgecoinpay was designed after in-depth research on end-users and student perspectives for the ease of use of today's payment systems in the educational arena.
These problems include high transaction fees and data security, compliance and transactions that take forever.
To solve this problem, Edgecoin is designed to perform transactions via a smart contract based payment system powered by the “Stella” blockchain. It is also designed to allow users to carry out seamless transactions and process them in a safe and secure environment. It also has other troubleshooting features like immediate payment processing and full control over funds.
Edgecoin is designed to work through a simple and friendly conversion mechanism, which works through a well -established exchange & conversion payment processor.
Edgecoin ensures that the compliance of funds entered through the application/exchange has strict review on the KYC and AML users uploaded through this user ensuring the full security of every transaction in the Edgecoinpay system.
Edgecoin Features
Edgecoin is an educational stable Coin that provides a payment system for educational institutions. With Edgecoin, users can make payments in a transparent system. Users can see the details of their transactions and cannot be manipulated thanks to blockchain technology. But that's not all, there are several other features of Edgecoin:
- Transactions Without Restrictions: Since it is a cryptocurrency, users can make payments without restrictions. They can make payments wherever and whenever they want.
- Fast Transactions: Transactions with Edgecoin will be processed faster thanks to blockchain technology. It allows users to make transactions instantly.
- Secure Payments: Smart contracts will secure transactions. A smart contract-based payment system will be implemented on the platform and make it more secure and almost impossible to manipulate.
- Passive Income: Users can stake their Edgecoin to earn passive income in the form of Edgecoin fluctuating coin (Gradecoin).
Edgecoin Token Details
Edgecoin or abbreviated EDGT is a token designed using blockchain technology with a total supply of 10,000,000,000 tokens. Since it is a stablecoin, 1 EDGT token is worth 1 USD and the price will remain stable. To be able to get Edgecoin tokens, users can buy them from the app and then use them for their needs. And if users want to earn passive income, they can stake their Edgecoins on the desktop app to earn up to 34% Gradecoins, later users can exchange their Gradecoins to other cryptocurrencies via exchange. Edgecoin believes that this coin will get high demand.
Tokenomics
Edgecoin (EDGT) has a native token called Gradecoin (GRTC) that allows the settlement of intermediary currencies between assets and is based on the Stellar network protocol. Gradecoin is the fuel token for performing resource control of the Edgecoin network.
Name: Edgecoin
Abbreviation: EDGT
Token type: Stable coin
EDGT Value: 1 USD
Supply: 10,000,000,000,000 EDGT
Roadmap
Accurate information:
Website: https://www.edgecoinpay.com/
Telegram: https://t.me/Edgecoin_chat
Twitter: https://twitter.com/edgecoinpay
AUTHOR
Bitcointalk Username: BULL23
BTT profile: https://bitcointalk.org/index.php?action=profile;u=3343669
ETH Address: 0x3C5A0F350888A181aE9d08aa6359BA35Ab2567Ed
Perhaps this payment system will be more convenient than the traditional one. All new items need to be tried in practice before drawing conclusions. Education is not only the cost of training, but also the accompanying expenses for the services of auxiliary services, for example website summary Therefore, no matter what payment system for paying for tuition is introduced, there is no escape from the fact of the high cost of education.
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