Introduction
Bitcoin was the first digital cryptocurrency to be given birth to and it really took the world by a great storm. It has changed the world of digital currencies and financial services. Most companies are trying to create blockchains that will overthrow that of Bitcoin but that has not be possible due to the unique design and great security of its blockchain. Despite the unique features of Bitcoin's blockchain, it still lacks something and that is the ability of not being able to add more incredible features to its Blockchain design and that is why Emercoin is here with its currency.
About The Emercoin Platform
Emercoin is a public decentralized secure blockchain which was created in late 2013 by Eugene Shumilov with its own currency which was built based on the original code of Bitcoin along with its reliability and security. The difference between the two blockchains is that Emercoin added more flexibilty to its blockchain innovation. Emercoin is among one of the first suppliers of Blockchain in the Azure market place. Emercoin gives users the opportunity to exchange information and funds in a safe, secure and reliable manner anywhere they are in the world at anytime. Emercoin is flexible, reliable and its security measures is state-of-the-art.
Technical Solutions
The technical solutions of Emercoin includes the following;
EmerDPO
This is a decentralized ledger of ownership certificates which can be used in industries where management of ownership data cannot be entrusted to a single authority. EmerDPO gives the user assurance that ownership will always belong to them whether it is software licenses or vehicle registration data. It is a digital solution for validating authenticity and ownership of both digital and physical goods and services.
EmerTTS
Emercoin Trusted Timestamp is an upcoming feature that applies the current timestamp automatically to any record that is added to Emercoin blockchain. It rejects any timestamp that is different from the current network time after checking the timestamp.
EmerDNS
EmerDNS is totally decentralized domain name system which means that other users cannot modify your record except the record creator who can manipulate the content.
ENUMER
This is a system which is deployed over the EmerDNS infrastructure for supporting ENUMER telephone records on the Emercoin blockchain.
EmerSSL
This is a completely decentralized infrastructure for website authentication of passwordless websites that makes use of Emercoin Blockchain as a trusted source of hash sums for SSL certificates of clients.
EmerLNX
This is a P2P text based advertisement which runs on the Emercoin cryptocurrency and uses Emercoin as the unit of payment for pay per click actions. The three roles in the EmerLNX system are buyer host and visitor.
EmerSSH
EmerSSH is a decentralized system that is used to manage ACL (Access Control Lists) and PKI (Public Key Infrastructures) which denies and makes it an impossible thing for anyone to get access and obtain root certificate keys in order to decrypt data that is being transmitted.
EmerNVS
This is a service provided by Emercoin to store Name Value Storage in its blockchain.
Performance of Emercoin
The market performance of Emercoin has been stable since its introduction in 2013. Through the year 2015 and 2016, the coin was also stable but in 2017, it started to increase and in June 2017 the price was $1.69. During early February, it climbed to $4.39 dollars.
Conclusion
With its performance and technical services, Emercoin is set to do more and it will continue to grow in greater heights as the year progresses. With its capable team, Emercoin will continue to grow and more individuals and investors will continue to see its potential and power.
Useful Links
Emercoin’s official website - https://emercoin.com/en
Emercoin’s official Telegram channel - https://t.me/emercoin_official
Authors Details: Michael Elijah
Email: [email protected]
