INTRODUCTION:
Edgecoin provides an open payment system for educational institutions where individuals can carry out education related transactions such as registration fees, accommodation, books, etc. through decentralized applications. The Edgecoin Payment System has been built to bring complete transparency, security and process efficiency to the education payment system. Edgecoin is a fully decentralized system based on the stellar blockchain. And blockchain technology has great potential and is suitable for Digital Payment Systems as it enables peer-to-peer services for users involved in transactions while offering transaction transparency and data security.
What is Edgecoin?
Edgecoin is the world's first Education Stable Coin that provides an open payment system for educational institutions where individuals can carry out education related transactions such as registration fees, accommodation, books and all tuition fees through decentralized applications that are completed at the same speed as the Internet while taking full advantage of educational infrastructure, regulation, and stability of traditional financial process systems. You automatically receive Gradecoin while holding Edgecoin, a coin that fluctuates in the DeFi market. Due to the high demand & interest in this project, we expect 10x in the short term and maybe 100x in the long term.
OUR VISION:
Our basic and long-term vision is to provide a secure and transparent peer-to-peer digital payment system for Educational Institutions based on blockchain technology with the help of a DApp powered by the Stellar Network. To achieve our vision and goals, we are running our Edgecoin digital payment system. The combination of Edgecoin and Stellar blockchain works efficiently and effectively due to the following core features:
Eliminate the problem of slow transactions:
By using Edgecoin, it allows you to make transactions instantly.
Transparent System:
In our current digital payment system, there is no transparency at all. At Edgecoin, digital payments on all transactions are public and secure as transactions cannot be changed in any way due to blockchain technology. The unique features of the blockchain create a secure and transparent environment for all parties involved in the transaction.
Security:
Edgecoin processes transactions through a smart contract based payment system built directly into the platform. As a result, payments are transferred in a secure environment and this blockchain technology eliminates data security concerns. Going forward, we hope to drastically improve the digital payment system and transaction experience for educational institutions, thereby eliminating possible underlying problems such as high transaction fees, data security, slow innovation and increasing the transparency and security of digital payment systems thereby increasing trust for users.
Payment solution only 3 steps:
Register:
Users must register on the Edgecoin platform and complete KYC.
Get your EDGT Tokens:
When completing KYC, your “E DGT” Toke is a Stable Coin with a value of 1 USD per 1 EDGT.
Pay Your Fees:
And lastly, you can pay tuition/school fees or make education-related transactions such as registration fees, accommodation and books through a decentralized application.
HOW EDGECOIN WORKS:
A simple and friendly redemption mechanism is essential to increase the availability of the system, which encourages more people to use it. We ensure funding compliance through rigorous review of KYC and AML partner agencies and institutions. To be more specific, Edgecoin customers can exchange and withdraw Edgecoins to any Stellar (XLM) address they specify on major exchanges and OTC platforms according to 1:1 mode.
On the other hand, Edgecoin customers deposit stable Edgecoins in exchange for one dollar, and Edgecoins are redeemed or “destroyed” while Edgecoin dealer partnership agents deposit Edgecoins on the FTSE and exchange them for one dollar. In addition, Edgecoin can transfer funds on the star network.
TOKEN:
Issuance of Tokens;
Issuing a pass is a high-risk behavior, and the amount of Edgecoin issued and circulated must not exceed the underlying Won balance. We needed a solution that provided a secure offline approval mechanism as well as a flexible online approval mechanism.
A hybrid solution is proposed, namely, "Wake up" custody, which controls smart contracts that increase the supply of Edgecoin tokens, both online and offline approval mechanisms are involved. To implement this unique approach, we insert a smart contract called a 'Build Limiter' in the prisoner's 'Build' chain. With online lock approval, 'Build' can issue Edgecoins to the amount specified by "Build Limiter" or "Upper Limit".
This upper limit increases after offline keyset approval (or decreases after online keyset approval). The solution provides the Edgecoin system with the security and flexibility required for a pass.
Token Details:
Name: Edgecoin
Abbreviation: EDGT
Token Type: Stable Coin
EDGT Value: 1 USD
Supply: 10,000,000,000
Disbursement of funds:
1 EDGT = 1 USD Capitalized
Market
Token Sale 10B 150 Million
10 Billion EDGE Tokens
GRTC Fund Distribution:
1 GRTC = 0.20 USD Capitalized
10B Pasar Market
10 Billion CLASS Tokens
Token Allocation:
Tokens for Users: 40%
Developer: 10%
Team/Advisor: 20%
Stakeholders: 30%
ROADMAP:
Q1 2017
Project Idea
Q2/Q3 2017
Project topic research
Q4 2017
Start proof of concept development in Private
Network
Q1 2020
White Paper & Web Apps
Development
Q2 2020
Smart Contracts & Active Token Generation
Star Network
Q2 2021
Launching Edgecoin
Mobile Application.
CONCLUSION:
Edgecoin (abbreviated symbol EDGT) has one native token called Gradecoin (symbol GRTC for short). Gradecoin is a fuel token for the realization of Edgecoin network resource control, with a maximum total limit of 10 billion. There is no minimum unit of GDRT and tokens can be subdivided. On the Stellar blockchain on which Edgecoin runs, 10 billion EDGT is generated, Gradecoin has not yet been created. 10 billion GRTC, corresponds to 10 Billion
EDGT will be generated through an investment plan where annual payouts with different percentages will be provided based on the amount of Edgecoin purchased. If the EDGT is transferred to a new address, the next GRTC generated will be credited to the new address. When a large number of spam transactions occur, Edgecoin can be used to prioritize transactions and smart contracts with qualified identities. Eligible digital identity transactions and smart contracts can be prioritized by paying GRTC.
ACCURATE INFORMATION:
Website: https://www.edgecoinpay.com/
Twitter: https://twitter.com/edgecoinpay
Facebook: https://www.facebook.com/edgecoinpay
Telegram: https://t.me/Edgecoin_chat
Instagram: https://www.instagram.com/edgecoinpay/
AUTHOR:
BITCOINTALK USERNAME: Satrunx12
BITCOINTALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=2804234
ETH Wallet Adddress: 0xD4b7EdE77B389025b0edB1f6aebFbe0395D6e578
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