EDC BLOCKCHAIN— A Ready-made Blockchain Solution for Business

jrasinaga (38)in #blockchain • 5 years ago (edited)

Blockchain has the potential to disrupt any business. The advantages of the blockchain for businesses are numerous, including decentralization, immutability, security, and transparency. With blockchain, businesses can make data or transactions safer, transparent and traceable, while cutting costs and getting more trust from customers. Blockchain can be practically applied to any business. In the supply chain industry, for example, blockchain is able to eliminate counterfeit goods and track each product to its source. Blockchain can record where each product originated, processed, stored, and sold by date.

Unfortunately, that potential has not been reflected in real life. Blockchain isn’t ready yet. Business is still constrained by several challenges in implementing blockchain into their business, which is sourced from blockchain infrastructure itself. Some of the most significant challenges that must be addressed immediately are limited scalability and low performance, lack of interoperability, low level of security and robustness, lack of methods to limit risks of bugs, and lack of regulatory clarity.

It is certain that the blockchain platform out there experiences 1 of the 5 challenges mentioned earlier. But this does not mean that it cannot be fully utilized. Although the capacity is still limited, blockchain still provides benefits to businesses that have never felt before. For your consideration, you can explore the potential of blockchain on your business with the EDC Blockchain, a ready-made blockchain solution for business.

EDC Blockchain is a ready-made blockchain solution for business based on the BitShares 2.0 Graphene. BitShares 2.0 Graphene is a blockchain system with an industrial level of productivity which performance is enough for large socio-economic systems. EDC Blockchain is not a new project, it has been on the market since 2015 with more than 1 million active users in 57 countries.

BitShares 2.0 Graphene

EDC Blockchain provides a platform for developing and implementing any idea through crypto economics. With EDC Blockchain, users can tokenize any business whether it is a small and medium-sized business (SMBs), public organizations, and even hobbies and handicrafts. Users can create a custom token for a startup, crowdfunding or tokenization of their business through coin constructors.

EDC Blockchain Coin Constructor

Through coin constructor, users will receive the main benefits including savings on programmers and hosting. Users no longer need strong computing technology, even EDC will also help users to list their token on EDC partner exchanges. For the convenience of interacting with the system, EDC has created a package solution for making cryptocurrency, namely basic, plus or premium.

EDC Package

Leased-Proof-of-Stake (LPoS)

EDC Blockchain utilizes Leased-Proof-of-Stake (LPoS) consensus algorithm. LPoS attracts all users to work to protect and secure networks and distribute rewards fairly. All EDC Coin holders are combined into masternode by leasing their coins, thus allowing nodes to mine EDC and distribute rewards to all participants fairly and proportionally. In addition to mining coins, masternode also serves to provide network security when implementing instant confirmation InstantSend transaction, as well as network voting.

EDC Coin

https://coinmarketcap.com/currencies/edc-blockchain/

Every Day Coin, EDC Coin, is a utility token used to create individual tokens using coin constructors, remuneration in the loyalty and cashback systems, and collection of transaction fees for subsidiary coins in the blockchain.EDC Blockchain will burn all coins obtained from coin constructor revenue, commissions from transactions with EDC on the EDC Blockchain, and EDC commissions on operations with subsidiary coins.