Introduction

Recently, the world of blockchain and cryptocurrencies has seen an increase in popularity among investors and traders. With Bitcoin reaching new ATH amid massive market volatility, many have looked to other areas driving the acceptance and expansion of decentralized financing (DeFi). The two main players that facilitated this expansion were the introduction of NFT and Stablecoins.

While stablecoins have been used to represent fiat currencies in recent times, their use has been suggested to be far reaching. Thus, the introduction of Edgecoin, Educational Stablecoin into the DeFi space has attracted widespread interest. This educational stablecoin initiated by Edgecoin has emerged as one of its kind and could mark the beginning of a partnership between education and blockchain. Blockchain in particular has interesting use cases in education, among them the payment of tuition fees, including other academic payments such as books and accommodation. Payments made through this medium are irreversible; records cannot be tampered with and offer an additional layer of transparency to the system.

About Edgecoin:

Edgecoin is the world's first Education Stable Coin providing an open payment system for educational institutions where individuals can carry out education related transactions such as registration fees, accommodation, books and all educational expenses through a decentralized application to be 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 huge demand & interest in this project, we expect 10x in the short term and possibly 100x in the longer term.

PAYMENT SYSTEM CURRENT PROBLEMS

Current technologies or platforms do not provide a trusted and secure environment for making successful transactions.

Here is a list of current payment systems
High transaction fees or taxes
Data security
Slow to innovate & Slow transactions

OUR VISION:

Instant Transactions
Word .'s First Education Stable Coin
Global & Secure System
Allows you to bet
value coins

Cost reduction

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.

OUR SOLUTION:

Through the use of blockchain technology, Edgecoin processes transactions through a smart contract based payment system powered by the stellar blockchain, resulting in:

Make transactions without restrictions.

Payments are processed immediately.
Transaction processing in a secure environment.

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 issues such as high transaction fees, data security, slow innovation and resulting increased transparency and security of digital payment systems. in increasing trust for users.

HOW DOES EDGECOIN WORK?

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 reviews of KYC and AML partner agencies and institutions. Specifically, Edgecoin customers can exchange and withdraw Edgecoins to any Stellar (XLM) address they specify on major exchanges and OTC platforms according to a 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.

Issue 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, "Build" 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 include a smart contract called the Build Barrier in the 'Build' chain of custody. With online key approval, 'Build' can issue Edgecoin with the amount determined by "Build Limiter" or "Upper Limit". This upper limit increases after offline keyset approval (or decreases after online keyset approval).

Token Details:

Name: EDGECOIN
Symbol: EDGT
Supply: 10000000000
Token Type: Custom Token
1 EDGT = 1 USD
Token Allocation:
Tokens for Users: 40%
Developer: 10%
Team/Advisor: 20%
Stakeholders: 30%

More details here:

Website: https://www.edgecoinpay.com/
White Paper: https://www.edgecoinpay.com/Official-Whitepaper-Of-Edgecoin-Year-2021-2-1.pdf
Twitter: https://twitter.com/edgecoinpay
Facebook: https://www.facebook.com/edgecoinpay
Telegram: https://t.me/Edgecoin_chat
Instagram: https://www.instagram.com/edgecoinpay/
Youtube: https://www.youtube.com/channel/UC5ekVAo2GXdMPcM03Y6r78g

Author

➡️Bitcointalk profile: palmet
➡️Bitcointalk Profile url : https://bitcointalk.org/index.php?action=profile;u=2868526
➡️BEP20 Address: 0x821434fee8C8661F045218744D2C33cb1bD2848d