The launch of new blocking technology has opened the doors to relatively large developments in all global sectors and still has the potential for development. The global financial sector depends most heavily on blockbuster technology. The block has a digital currency called crypto currency. Crypto currency, also called a digital asset, can be used to implement a variety of actions on different platforms; mainly such activities as the purchase of goods, payment for services, liquidation of assets, etc., but this crypto currency has not received worldwide recognition and use at its discretion, and therefore it prevents the use of cryptothermings as a form of collateral that will be provided in fiat currencies. In addition, this digital asset has some other utilities that have not been introduced or implemented. One of them uses it as collateral. This is the main goal of creating eCOINOMIC
eCOINOMIC is a platform based on block communications, designed to provide financial services to holders of crypto currency. This is a platform that considers crypto currency as an asset that can be used as collateral for a loan. He provides his money to his users and accepts the crypto currency as collateral; which means that there is no need to sell crypto assets before you can get a loan. eCOINOMIC is one of the many platforms that is designed to ensure widespread recognition and use of digital currencies in our current reality.
eCOINOMIC serves as an intermediary between financial institutions that provide loans and individuals who are borrowers. It provides full financial coverage for obtaining a loan. It plays the role of guarantor, using the borrower's cryptoactive assets and thereby eliminating all risks associated with lending procedures.
In addition to the possibility of using crypto currency as collateral for the loan, eCOINOMIC also provides its users with other opportunities such as: investment and asset management, reducing currency risks and market vulnerability, transfers and mutual settlements between users and partner projects, using crypto currency and fixed money to pay goods and services traded on the platform, the issuance of a virtual card using the crypto currency, and much more.
Users can exchange crypto-licenses, which they used as collateral, on the other. For example, when a user used ETH as collateral, he can exchange it for BTC during the crediting period. This implies that the platform takes a variety of cryptothermia as collateral and loans.
In order to ensure security and transparency, the platform uses an intellectual contract to regulate the procedures for blocking, liquidating or refunding collateral. A smart contract will impose on the fulfillment of all credit obligations. This will increase the security of investments both for the creditor and for the intermediary acting as guarantor. In the event that the borrower was unable to perform the payment, a reasonable contract will liquidate the collateral and pay off the loan and interest, and when the value of the cryptoactive assets falls below 20% of the market price, when, at the time of signing the loan agreement, the borrower may contribute additional cryptoactive assets or take a partial liquidation of collateral or fully repay the loan. The platform offers a solution for both sides of the lending procedures; creditor and borrower.
The platform has no problems with scalability. It supports the basic payment agents, thereby offering financial transactions at very high speed. To be sure of the security of assets used as collateral, the deposit is made directly to the account of the platform user, and if the cryptoactive does not affect the current loan agreement, the owner can withdraw it from the platform at any time.
The project will require funds, so the team opened a pre-sale share for fund raising, which ended on March 15, collecting 4.7 million US dollars, which is 28% of the minimum amount of fundraising ($ 9,000,000). For the period of the main sales (ICO) from May 1 - June 1, 2018 the team collected six million dollars. In total, their bar is $ 106 million and is collected as a reserve for the functioning of the platform. The fundraising started on June 1 and will last until August 1, 2018. Amazing figures, is not it? The price of one token is 5 cents. Its official name is CNC, and it is based on Ethereum technology. Up to 1,550,000,000 tokens are available for sale, you can buy them for ETH, BTC, XRP, BCH, LTC, NEO, XMR, ZEC
The team consists of intellectuals with many years of experience, coming together to achieve this amazing project.
ECoinomic experts:
I consider #eCoinomic that this is an excellent project that will help people to get money in a crypto currency on favorable terms. Already collected not a small amount of funds, which speaks of the interest of investors, besides demonstrated the successful operation of the service, by sending tokens on customer cards. I advise my readers to get to know this project and appreciate it. Go to the official website, where you will receive answers to all your questions. Thanks for reading, subscribe to my blog to always be aware of prospective ICO projects, to new meetings!
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Author: Persijadays
ETH: 0xFe7e4a646ed5d69c1355A24bF8d3f5DAb567Da9d
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