A POWERFUL DECENTRALIZED ECONOMIC ECOSYSTEM CALLED ECOMI

Since the advent of cryptocurrency and blockchain technology, there has been risk of theft and security breach on wallets and blockchain apps where crypto assets are stored which has been one problem affecting massive adoption of cryptocurrencies. Billions of dollars have been lost and what seem to be the most secured storage is the cold-storage hardware wallet. The use of private and public keys to gain access to data, assets and personal information (decentralization) is what make them sensitive to hackers. This means loss or exposure of private key is tantamount to loss of funds.
Another challenge hindering the population from fully embracing cryptocurrency is the conversion of digital coins to fiat currency for use. Exchange platforms that offer such service attract high fees let alone the effort required to unravel the complicated site and the frequent hacker attacks on these exchanges.

ECOMI platform aims to solve these challenges with the features of its ecosystem. ECOMI can be described as an economic ecosystem created to offer unique services of ownership, security, privacy, storage and spending of both crypto assets and Decentralized applications (Dapps) all in one platform. This is achieved by different apps and services such as an hardware device where crypto assets can be stored knows as SECURE WALLET. One good thing about it is that it connects to smartphone offline via Bluetooth from where the cryptocurrencies are transferred. This wallet is different from existing ones (trezor, keep key, nano) because of its special features of being portable, wireless, an open platform, compatible with bitcoin ATM as well as connection with ECOMI app.

ECOMI also create ECOMI One, an in-wallet exchange card which can be used to make contactless payment in places where bank issued credit cards are accepted. Users can exchange to fiat directly on the app or automatically at the point of sale. The card holds both fiat and cryptocurrency, NFC-enabled credit and debit, also loyalty cards.
NFC- Near Field Communication is a wireless technology that enable any NFC activated devices have contactless connection and transfer information easily such as the case of secured wallet and ECOMI One.

On ECOMI Exchange, users can choose a desired cryptocurrency to be converted to fiat and stored on ECOMI One easily. It has a user-friendly interface with simplified procedures for conversion and exchange.

The platform also include a reliable system that allow easy and cost-effective storage of information known as ECOMI Vault. This is a decentralized software-as-a-service (SAAS) solution that protect sensitive information like passwords, credit cards in an immutable distributed ledger that can neither be changed nor erased. This service also ensure secured transfer of files; unlike sharing Read-Only mails, a set of agreement is created in smart contract to be signed by the recipient.

The ECOMI token called OMI is an utility token that will be used for all transactions in the ecosystem. Crowdsale starts on 30th June, 2018 (00:00 NZDT) and end on 30th September, 2018 or upon sale of 500,000,000 OMI tokens or upon reaching the hard cap ($22,125,000), whichever comes earlier.

Token sale overview

The project was developed by the following group of professionals namely; David Yu (CEO), Daniel Crothers (COO), Joseph Janik (CIO), Mikel Duffy (CTO), and other advisors.
In conclusion, ECOMI will help provide solution to fraudulent activities associated with key and passwords for cryptocurrency and Dapps at the same time offer products and services that ensure quality use of digital currencies for daily transactions.

To find out more about ECOMI project, here are some related links:
Website WhitepaperTelegramFacebookTwitterBitcointalk ANN thread

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