Edenchain aims to develop a Programmable economy Platform on a permissioned Blockchain, the platform is infused into a single global autonomous marketplace, as it employs APIs, Artificial intelligence, Internet of things (IOT) and Machine learning to drive a vibrant Programmable economy where any asset of value can be traded in P2P. The platform capitalizes all assets, both virtual and non virtual into a secured trust smart contracts simultaneously Tokenizing the assets to freely allow the tokenized assets to be traded in a peer to peer programmable economy within the Edenchain. This is made possible by a three layered core protocol designed to eliminate the middleman typical of the traditional economy, provide a trust smart contracts, higher TPS (transactions per second)than traditional Blockchains, while ensuring parallel chain system between nodes.
The advent of Bitcoin Blockchain technology in 2008 has developed over the last decade into one of today’s biggest ground-breaking technologies. Blockchain has a strong potential to revolutionize every aspect of global trade from financial to manufacturing to educational institutions to Big data industry. The impact of the Blockchain technology on the current digitized society has paved the way for a Global programmable economy.
Gartner, Inc. refers... "The programmable economy represents a massive technology-enabled transformation of traditional concepts of value exchange, empowering individuals and smart machines to both define value and determine how it is exchanged".https://www.gartner.com › newsroom
Edenchain tech solves the key issues associated with public blockchains. The trust of any smart contract is very crucial to the tokens issued on it. Traditional public Blockchains is bereft of scalability and performance, the interactions of the blockchains with external interface systems further expose it to malicious attacks. As Global trade gradually shifts towards a decentralized Blockchains in programmable economy, the transactions speed of the traditional Blockchains is rather slow to hasten the mainstream adoption of the Blockchain technology required for the Global programmable economy . The Edenchain is convinced that the Permissioned Blockchain at its core will further secure a trust smart contracts, higher TPS (transactions per second) at a reduced cost.
At the core of the Edenchain lies the “distributed ledger layer,validation layer, and a bridge layer. The distributed ledger layer is a place in which data used in the Blockchain are separately stored, and only data of transactions agreed to in the validation layer are processed. Validation layer is where a transaction is executed and verified; this layer includes an EVM that runs the
smart contract. The validation layer has a transaction scheduling function, which has a significant impact on the performance and scalability of Eden.The bridge layer is used to securely import data needed by an on-chain smart contract within the Blockchain in cooperation with an off-chain”.....Excerpts from the Edenchain whitepaper.
This new innovation ensures fair distribution of revenue that had accrued to the traditional middle men to all Subscribers on the Edenchain Platform. Edenchain has signed a number of partnership with some leading Blockchain companies such as Merculet, Across Asia Alliance,Microsoft Partner network. Team information and roadmap is available on the Edenchain website.
IMPORTANT LINKS.
• Website : https://edenchain.io/
• Whitepaper : https://drive.google.com/file/d/1qUUUm8mNuL-7f5yYsNza1gqcZE6PoDhN/view
• Facebook : https://www.facebook.com/edenchainio
• Twitter : https://twitter.com/edenchainio
• Telegram : https://t.me/edenchainio
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