eConomic-provides its users with financial management services from digital assets

April 15, 2018

There is a new platform to provide financial services to echinomic crypto holders: mutual agreement between investment and asset management, exchange, transfers and users and partner projects. Block series technology has many benefits and flaws that make it widely controversial. First, the block change technology enables users to have full control of their transactions. This makes them responsible for the customers and believes the catalyst for all users. It also helps eliminate counterparty risks associated with the use of third party inspection, in addition to this, the block series ensures transparency, similar to customers and auditors. This is because all the parties involved can be seen by this and the transaction can not be changed. Apart from this, because the history of the transaction is closed in every block, it is easy and easy for the auditors to understand the movement of resources, since the general approach of the block series is improved because it is efficient and productive.

Landing Supported by Crypto Assets

This is the most popular and sensible service to date on the Cryptoconference market. Loans backed by crypto properties offer a unique opportunity for their owners:

Using Fiat money for business expansion such as renewable hardware hardware
To hedge the risk of exchange rate and thereby reduce the risk of market volatility
To take advantage of the quick profit of crypto properties

Assessment of collateral by type of property, user ratings and loyalty program applications may vary from 50 to 70%. The minimum loan amount is 200 USD, the maximum loan amount is USD 10 000. The loan term is 1 month. At the launch of the platform, there will be a service charge for issuing loans in the fourth quarter of 2018.

eCoinomic Token (CNC)

eCoinomic Token (CNC) is an ERC20 utility token, based on the Ethereum blockchain. The purpose of the CNC token is to pay the service charge on the eCoinomic digital platform. To assess the ability of the platform, users must go through a simple registration process. After this, in the newly created personal account, the user must add a CNC token to the balance to gain access to the selected service. Personal account balances can be duplicated in two ways: by transferring CNC tokens previously purchased on ICO and by purchasing CNC tokens on crypto exchange or on the ECINOMIC platform for a fixed price. After launching the project, the eCoinomic token value will be determined on the platform, which means it will be based on the CNC + 20% exchange rate. For example, for a loan amount of US $ 10,000, the service fee will be US $ 60, reflecting a CNC token if 1 CNC token equals 1 USD, then the cost is 60 CNC tokens. If the value of 1 CNC token equals 10 USD, then the cost will be 6 CNC tokens. The variety of services and the growing popularity of projects, will ensure continuous demand from tense and their business on the platform.

ECoinomic is the perfect solution for crypto owners:

Who bought cryptosurcans as the average and long-term investment in the hope of higher and higher growth rates; Crypto assets were received as payment for goods and services (such as miners); Startups and Funds that Need Short-Fine Credit

For investors:

Private sector investors who allocate monetary resources for the purpose of generating income; Institutional investors who are interested in high profitability and low risk instruments.

eCoinomic smart contracts apply to fulfillment of debt obligations and thus protect investment for both collateral crypto properties and owners of Fiat Fund.

Engineering features of the platform

The platform is based on the ethereal ecosystem. Smart contracts have been built with Solidity. The main programming language Python is all registered users who can apply loan terms independently,: Loan amount and interest rate allows to automatically search / recommend the platform to sign a loan contract. Applications with conditions are created in the cluster which operates on the basis of FIFA (first, first out). Any user of the forum can be both a borrower and a lender. In order to guarantee the declared volume of investment and the speed of the fund transaction, the lender is required to open a deposit amount for the amount of at least 10% of the amount in the loan application. The deposit has been transferred to the personal account of the platform user for the guarantee of the assets kept in the form of security. If the crypto asset is not blocked by the current loan agreement, the owner can withdraw it from the platform at any time. Each user can sign a loan agreement in any number for no more than 30 calendar days. Under the contract status can be prolonged

Paying interest and service fees

Roadmap