We are living in a world, where everything can be programmed to make the life easy for people. However, we couldn’t see a programmable economy. That’s where EdenChain comes into play. It has the ability to give life to a programmable economy and make the life easy for people in need.
EdenChain can simply be defined as a third generation blockchain technology, which will be based upon smart contracts. This blockchain technology would give life to an economy, which can easily be programmed. Hence, people are provided with the ability to program the economy as per their specific needs and requirements.
All people who use EdenChain will have the ability to capitalize both intangible as well as tangible assets. Then they will be able to go ahead and trade those assets within the blockchain platform. Hence, it has the ability to give life to a smart economy. People will find it as an easy task to get their hands on the trading activities with this trading platform.
EdenChain is also looking forward to delivering a pervasive token and a blockchain platform for the people in need. This can easily be used throughout applications across a variety of scenarios. They include Healthcare, Peer to Peer Finance, AD Tech, Energy and IOT as well.
Innovation is empowering the world we live. Hence, it has become important for us to get adjusted according to a programmable economy. However, there are some issues that keep the world away from experiencing the benefits linked with the programmable economy. Performance and security can be considered as the two most prominent issues out of them. On the other hand, the platforms, which were created some time back, were extremely secure. However, they were linked with low transactional rates. Therefore, it was not possible to adapt according to mainstream technologies. It has also been identified that the existing platforms only tend to provide solutions that focus on increasing the security. However, they don’t pay special attention towards security. That’s where EdenChain comes into play.As mentioned earlier, EdenChain will give life to tokenized tangible assets. In other words, there will be the ability for the people to transform the tangible assets that they have into tokens and store them in the Blockchain. They include all sorts of tangible assets such as an automobile, valuable arts, furniture and real estate. If you have traded tangible assets before, you have a clear understanding of the hassle and frustration that you will have to go through. But you can effectively avoid that hassle with the assistance of EdenChain. That’s because you are provided with the ability to trade the assets that are stored in the blockchain. It would only take a matter of seconds for you to trade a specific asset. You would love this functionality delivered to you in the long run.
Just like tangible assets, you will also be able to go ahead and tokenize the intangible assets. There is no restriction associated with the assets that you trade. Hence, you will be provided with the ability to keep the peace of mind while you are trading.
Global economies in today’s world face a variety of challenges. EdenChain is in a position to deliver a durable and a reliable solution to this issue. The given solution is a future proof one as well. Hence, people will be able to keep the peace of mind while they are focusing on it. All the efficiency related issues in the Blockchain technology will be resolved effectively with EdenChain. It would not compromise the security aspect as well.
Any person will be able to go ahead and create his own marketplace along with the assistance of EdenChain. After creating the marketplace, he can attach all the assets with the EdenChain tokens. Then these tokens can easily be traded in the form of a cryptocurrency. The best thing about EdenChain token trading is that you don’t need to seek the assistance of a third party. Hence, you will be provided with the ability to keep the peace of mind while you are trading.
The services offered by EdenChain are combined along with Namespace. Hence, you will be able to receive advantage from it as well.
The architecture of EdenChain platform is made out of three different layers. If you want to have a clear understanding of the functionality of EdenChain, you will need to focus on these three layers as well.
- Distributed ledger – EdenChain has a distributed ledger. Hence, it has provided decentralized capabilities to the network as a whole. You will be provided with the ability to go ahead and add distributed ledger related information through transactions.
- Validation layer – The second layer of EdenChain is a validation layer. This layer would validate all transactions that take place on the platform. Hence, people will be able to stay away from frustration during the transactions.
- Bridge layer – The final layer is a bridge layer. It consists of an e-bridge. This would connect the EdenChain to external sources of data. This will be facilitated via interoperability. In addition, it would provide the ability for the on-chain smart contracts as well.
If you wish to get more information, you can visit website and read whitepaper.be sure to join social media for get updates. i think this article will helpfull to you for get an idea about edenchain.
Website: https://edenchain.io/
Whitepaper: https://edenchain.io/EdenChain-Technical-Paper-v3-en.pdf
Twitter: https://twitter.com/edenchainio
Facebook: https://www.facebook.com/edenchainio
Telegram: https://t.me/edenchainio
Crypto 