Edgecoin -The Role of Blockchain Technology in the Education Sector

in #edgecoinpay3 years ago

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Overview

Blockchain is becoming a popular word today. Many people have used Bitcoin at a point when making online payments.
Blockchain is a distributed ledger or what makes Bitcoin and other cryptos to work. It is, no doubt, the most applicable technology in cryptocurrency. Given blockchain technology’s safety and integrity, it is finding its way into the education industry.

Today, there are many benefits to using blockchain technology in learning institutions. In this article, we look at the different edgecoin applications of blockchain in education.

WHAT TO KNOW ABOUT EDGECOIN?

Ever heard of a coin that is stable to offer formal institutional services? It was launched in April 2020 and is the first worldwide . Edgecoin is an institutional cryptocurrency known as the stable coin offering a system of visible payment whereby various formal institutions can carry out payments connected to tuition, lodgings, materials, health, feeding, etc as regards school through a platform that is decentralized, fast, in terms with the educational system, rules, and consistent process of the financial sector.

Edgecoin (EDGT) is the future of smart education transactions. It is currently equivalent to 1 U. S. Dollar. The market capacity is about 10 billion, it has a token sale of 150 million and an EDGE token of 10 billion. Presently, It has received the support of 320 countries with a user rate of over 108,000. This is due to the widespread attention to build a system of trust in education related transactions.

Gradecoin is a sibling coin linked to Edgecoin in the crypto market which is unstable and automatically acquired when you hold EDGT. It's value is 0.5 Dollar.

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HOW TO GET ACCESS TO EDGECOIN

First, you install the Edgecoin App and register properly.
After this, ensure to obtain your Edge Coins from the App then make payment with your Edge Coins.

SOME HIGHLIGHTS OF EDGECOIN

Edgecoin is known worldwide and free from risks. It's transactions are carried out promptly with low costs due to the absence of third-party agents. This aids in providing more accurate and reliable payments, with little or no fees, totally excluding bank rates commission.
Holding Edgecoin allows you earn Gradecoin automatically.
The Stellar blockchain technology influences this system to be secure, accurate and greatly apparent.
It increases the purchasing capability of consumers whilst reducing possible dangers and maximising profits in the sector.
Interestingly, the advantages are not based on educational institutions alone but also to reward regular students who are hardworking in decreasing their expenses and creating a means through which they can earn.

CONCLUSION

The creation of Edgecoin is an innovative approach in association with Stellar Blockchain and the DeFi system designed to lessen educational hardships faced amongst parents, teachers and institutions.
This partnership achieves rapid payments across different borders while offering a variety of services with surplus rewards.
When the purpose of a thing is not known, abuse is inevitable. Not in this case, Edgecoin was carefully thought of, properly researched and taken into careful consideration to improve transaction systems in education some of which include relatively slow rate of processing payments, large fees, and securing data.

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OFFICIAL LINK:

Website: https://edgecoinpay.com
Whitepaper : https://edgecoinpay.com/wp-content/uploads/2021/06/Official-Whitepaper-Of-Edgecoin-Year-2021-2-1.pdf
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Author

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