World’s First Educational Digital Stable Coin Payment System- Edgecoin

World’s First Educational Digital Stable Coin Payment System- Edgecoin

Edgecoin project and The team has built a strong community with great potential. The best specialists work and create confidence in this project for people that make it more and more special. A team of highly qualified specialists. I fully support the idea of this product, having studied all the nuances and strategies and everything is very clear. There is no doubt as far as I can say that with a solid stage and easy to understand highlights, This Project will be a major forerunner in the business where it is innovating. This project has great development elements, I need the organization to keep on chipping away at making new associations, just as reinforcing existing ones.

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Overview:

The release of Edgecoin represents a significant development in education digital assets which allows education-related transactions such as enrolment fees, accommodation, and books to be settled at the same speed as the Internet while making full use of the education infrastructure, regulation, and stability of traditional finance process and systems.?This understating also applied to the education ecosystem, where the education sector needs a stable digital coin that anyone related to the education sector can trust and use. Here we introduce a digital stable coin named “Edgecoin”, created, issued, and managed by L.A. Asset Management Ltd, and supported by “Gisrah University”.

Edgecoin:

Edgecoin is an Educational Stable Coin that provides an open payment system for educational institutions, where individuals can make education-related payments such as for enrollment fees, accommodation, books, and all other educational spending's, via a decentralized application.

Vision of Edgecoin:

The basic and long-term vision is to provide a peer-to-peer secure and transparent digital payment system for Educational Institutions based on blockchain technology with the help of DApp powered by Stellar Network.

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PROBLEMS IN THE CURRENT PAYMENT SYSTEM:

The current technology or platforms don't provide a trusted and secure environment to make a successful transaction. Below are the list of current payment system:

? High transaction fees or Taxes

? Data security

? Slow to innovate & Slow transaction

OUR SOLUTION?:?Edgecoin process a transaction through a smart contract-driven payment system powered by stellar blockchain, resulting in:?

  • Make a transaction with no restrictions.
  • Payment is processed immediately.
  • Transaction processing in a secure environment

Most important Feature of Edgecoin:

  • Transparent System:?In Edgecoin, digital payment on all transactions is public and safe as the transaction cannot be altered in any manner because of blockchain technology. The unique features of blockchain create a secure and transparent environment for all the parties involved in the transactions.
  • Security:?Edgecoin processes a transaction through a smart contract-driven payment system directly built into the platform. As a result, payment is transferred in a safe environment and this blockchain technology eliminates the problem of data security.?
  • High Speed:?EdgeCoin is based on the STELLAR blockchain. Thus, transactions are processed within 5 to 10 seconds, which is much faster than other cryptocurrencies or fiat payment systems. In addition, the transaction fee in the STELLAR blockchain is negligible – .00001 XLM per transaction (i.e. 1 cent per 1000 transactions). So payments for educational services become cheap and instant.
  • KYC and AML:?EdgeCoin implements extremely strict and reliable KYC and AML procedures. Thus, educational institutions will always know who paid for what. However, students will have to deal with paperwork only once – when they join the system.

Edgecoin works:

Edgecoin’s customers deposit stable Edgecoin in exchange for a dollar, and Edgecoin is redeemed or “destroyed” while Edgecoin’s dealer cooperation agencies deposit Edgecoin in FTSE and exchange it for a dollar. Besides, Edgecoin can transfer funds on a stellar network

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Edgecoinensure the compliance of funds through strict review of KYC and AML of agents and partner institutions. To be specific, Edgecoin customers can exchange and withdraw Edgecoin to any Stellar (XLM) address they designated on major exchanges and OTC platforms according to the 1:1 mode.

3 STEPS PAYMENT SOLUTION:

1.Install & Register Edgecoin via our App.

2.Purchase your Edgecoins from the App.

3.Use your Edgecoins smartly.

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What is EDGT Token?

EDGT is the native token of the Edgecoin payment system based on a stellar-based blockchain system. The number of Edgecoins that issued and circulated must not exceed the underlying Won balance. Edgecoin needs a solution that provides a secure offline approval mechanism while providing a flexible online approval mechanism. A hybrid solution is proposed, i.e., the “Build” custody, which controls smart contracts that increase the supply of Edgecoin tokens, online and offline approval mechanisms are both involved. To implement this unique approach, we insert a smart contract called ‘Build Limiter’ in the ‘Build’ custody chain. With the approval of the online key, ‘Build’ can issue Edgecoin to the amount specified by “Build Limiter” or the “Upper Limit”. This upper limit is increased after approval of the offline keyset (or decreased after approval of the online keyset). The solution provides the Edgecoin system with the security and flexibility required for a pass.?

Tokonomics of EDGT:

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  • Name:?EDGECOIN
  • Symbol:?EDGT
  • Supply:?10000000000
  • Type of Token:?Custom Token
  • 1 EDGT?= 1 USD

What is Gradecoin (GRTC)?

Edgecoin has one native fuel token called Gradecoin GRTC. Gradecoin is the 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 the token can be subdivided.

If EDGT is transferred to a new address, the subsequent GRTC generated will be credited to the new address. When a large number of spam transactions occur, Edgecoin can be used to priorities transactions and smart contracts with qualified identities. Transactions and smart contracts with no qualifying digital identities can get priority by paying GRTC

Utility of Gradecoin:

Gradecoin will be the native Edgecoin token that enables cross-asset intermediary currency settlement. All network participants writing transactions on the Edgecoin will have to use GRTC Token to settle block transaction fees.?All participating nodes in the Edgecoin will be rewarded in GRTC Token for processing and validating transactions on the network; each node will need to stake a fixed minimum amount of GRTC Token (varies by node types) to contribute to the network.?

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Gradecoin Staking Benefits:

Edgecoin can enjoy benefits provided by two types of staking services:

1. GRTC stake-and-earn: Users can stake GRTC for 10 days on the app and earn up to 20 in interest annually.

2. Soft-staking for idle balance:?Edgecoin Soft Staking offers users a new way to earn rewards up to 5% in interest annually on cryptocurrencies held in the app. Rewards are offered on a flexible term - no “lock-up” is required. The soft-staking maximum limit varies depending on the currency, and users with more GRTC staked on the app are eligible for higher limits.?

Tokonomics of GRTC:

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  • Name: GRADE COIN
  • Symbol:?GRTC
  • Supply:?10000000000
  • Type of Token:?Custom Token
  • 1 EDGT?= 0.05 USD

EDGT?& GRTC Token Fund Distribution:

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Roadmap:

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Edgecoin?Team :

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Conclusion:

Edgecoin pay?supported by experienced and highly qualified team, which in my opinion is able to bring the project to the highest level in the shortest possible time and I hope they succeed. Best wishes to you as you progress on your project. While this can be a difficult time, the results that you will achieve are worth all of the hard work that you will put in! Edgecoin is bringing a whole new generation of tokenization through payments. EdgeCoin has created a system where payments can be made with ease as well as cheaper fees than the general retail banks. Edgecoin project is the great opportunity for global happy investment. Hope project is the great opportunity profitable. Good luck!

?? Useful links to the project:

??Website:?https://www.edgecoinpay.com

??Twitter:?https://twitter.com/edgecoinpay

??Telegram:?https://t.me/Edgecoin_chat

??Facebook?:?https://www.facebook.com/edgecoinpay

???Instagram?:?https://www.instagram.com/edgecoinpay

Proof Of Author:

?? Forum Username:??akash247

?? Profile Link:??https://bitcointalk.org/index.php?action=profile;u=2863660

?? Telegram Username:??@Angelmaya

?? ETH wallet address: 0x8C7Cd2470D2e82F22a5227464844c392903c1865


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