EtherInc or eCinc is designed to create decentralized applications and unique protocols for creating, managing and running organizations. The intention of this blockchain solution is to strengthen entrepreneurs around the globe to build and operate decentralized companies from the constraints of cost and distance. This collaborative approach will help add more value to the product and increase the company's trust and flexibility. EtherInc aims to be accessible worldwide to entrepreneurs wherever they need this essential service.
EtherInc has been able to build what can be termed a comprehensive abstract base layer that contains a blockbinary network with an internal programming language. This means that everyone in the ecosystem can create intelligent contracts and other decentralized applications where they can set their own rules of property, state transit functions and transaction patterns. This platform will be particularly useful for making decentralized applications where users are looking for a fast development process and when different application capabilities interact efficiently.
As mentioned in the picture below, all the costs and complexities surrounding the initials have forced many opportunities to be missed. EINC removes all legal, operational and financial requirements to create a new beginning. All you need to do to start your company is to choose a name first, and then you can immediately set up your blockbusiness company. You can then add founding members and then assign roles to your team. It's all that simple.
As part of building your team, EINC allows you to share your constituent team with a unique voting power based on percentage shares. This allows you to seamlessly distribute property without boundary limits and allows you to bring various specialists to your company. By making smart contracts you can also specify how certain actions in your company are triggered or decided.
In the case of collaboration, EtherInc offers a voting platform where business owners can create a company proposal for voting. Voting is done in the safest possible way. Accepted proposals are then transferred to clever contracts, but payments initiated after all the conditions in the contract have been fulfilled can be sent to the owners.
Another known method that EtherInc encourages to grow on the target platform is to provide a new protocol for mass funding. By using smart contracts that determine the token, you can raise money to grow your company from anywhere in the world.
