Token Sale Info:
- Ticker: EDN
- ICO Start: May
- ICO Token Price: 1 EDN = $0.06 USD
- KYC: Yes (Restricted: China, Iraq, USA)
- Token Type: ERC20
- Soft Cap: $5,000,000 USD
- Goal: $24,000,000 USD
- Total Token Supply: 1,000,000,000
- Tokens For Sale in ICO: 40%
EdenChain is a blockchain-based platform that can be used to capitalize and trade all types of assets through programmable economy technology. By using blockchain Smart Contracts, you can capitalize all tangible and intangible asset values into a Token (Tokenization). We use smart contracts to integrate real and virtual economies, creating a new and enormous economic system and programmable economy. Programmable Economy: 1) It can lower transaction costs because there is no middle man. 2) It can redistribute the profits that the middle man has monopolized. 3) It creates a new market that has never existed through the capitalization of domestic and foreign materials, which potentially can enrich many peoples’ lives by returning the economic benefits back to them.
Currently, there are two major technical problems in achieving programmable economics in blockchain technology. They are 1) Performance, 2) No Secured Connectivity. EdenChain solves these technical problems and has the components necessary for implementing a programmable economy. We use Merkle Tree + Namespace to solve the performance problem by executing transactions of different Namespaces in parallel, and use E-Oracle technology for external system interworkings. In addition, it provides reliability and safety, and adopts MVT (Median Voter Theorem) as a consensus algorithm, granting robust functions for selection of values that can occur in interworking with external systems. EProtocol using ECC (Elliptic Curve Cryptography) - TC (Threshold Cryptography) acts as a powerful mechanism that can protect against attack by hackers with all network data encrypted. The settlement algorithm of ledger data, using PoET (Proof-of-Elapsed-Time), is designed to make it possible to conduct efficient leader emulation with fewer computing resources.
EdenChain's key programs are implemented in the SGX Enclave to disable software attacks and hardware attacks, further enhancing secured connectivity when interacting with external systems.
EdenChain uses Global DNS, Multi-Datacenter pattern, and Virtual Private Network (VPN) Hub technology with a view to providing secure services against natural disasters, such as earthquakes, typhoons, and other large-scaled attacks by hackers. In any case, the service can continue from operating EdenChain Chain Service Zone from each continent around the world.
EdenChain can be applied to a variety of industries and services, such as Initial Coin Offerings (ICO), IoT, Shared Economy, Gaming, Finance and so on, as it can capitalize valuable assets and execute transactions fast, securely and at a reasonable cost.
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