Edenchain is aiming to create a third generation smart-contract blockchain with the help of which they are trying to utilize to implement a programmable economy. With the help of Edenchain platform, users can capitalize on both their tangible and intangible values and trade them over the blockchain. Not only that, but Edenchain also aims seeks to offer a pervasive blockchain and token platform for various applications across the board which includes energy, P2P finance, loT healthcare and many other sectors.
The main objective of Edenchain is to provide a pervasive token platform and blockchain for different applications across the board which includes various sectors in the industry. Not only that, but Edenchain also aims to solve the main problems dwelling in the different sectors in regards to technology and global market.
The main problems that are there include the following:
The security and the performance of the various platforms those are existing out there.
Various problems related to tangible and intangible assets in the global market.
With the help of Edenchain platform, users can create a marketplace and attach their assets via cryptocurrency without the need of third-party.
Edenchain also provides a very tight security with the help of consensus algorithm. This ensures data integrity between off-chain and on-chain.
Edenchain also combines Namespace with Merkle Tree and also secures scalability and performance by constructing an Execution system which is capable of parallel processing by Namespace without processing one transaction at a time.
Hopefully, edenchain will be able to transform the blockchain world with its a solution that it offers.
Features of Edenchain
Distributed ledger layer: Edenchain provides decentralized database functionality. This is the layer in which the data is used in the blockchain and is distributed and stored. The data of transactions agreed to in the validation layer is processed.
Validation layer: This is the layer where a transaction is verified and executed. This includes an Ethereum Virtual Machine which runs a smart contract.
Bridge layer: With the help of this layer Edenchain and is connected with the external data sources via secured interoperability that enables the on-chain smart contract and connects with the off-chain modules.
These are some of the main features of the Edenchain project.
Ticker: EDN
Token Type: EDN will be ERC-20 post crowd sale, then swapped into Edenchain’s wallet format when the mainnet launches in Q1 of 2019.
ICO Token Price: 1 EDN = 0.0600 USD
Hard Cap: $24,000,000 USD
Total Tokens: 1,000,000,000
Well, that’s all about Edenchain. If you wish to know more about it then you can always do your research through links below and go through the white paper where you will find more information related to the Edenchain project.
Website
Whitepaper
Blog
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