Kategori: education

Blockchain, Edgecoin, education, Uncategorized

EdgeCoin – The future for smart educational payment related fees.

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What is Edgecoin all about?

Edgecoin is an Educational Stablecoin that provides an open payment system for educational institutions where individuals can make education-related payments such as enrollment fees, accommodation, books and all educational spending via a decentralized application. Our platform further makes it possible for these transactions to be finalized at the same speed as the internet while utilizing full educational infrastructure.

Edgecoin is the world’s first Educational Stable Coin that provides an open payment system for an educational institution where individuals can make education-related transactions such as enrollment fees, accommodation, books and all educational spending via a decentralized application to be settled at the same speed as the Internet while making full use of the education infrastructure, regulation and stability of traditional finance process systems.

Edgecoin (abbreviated symbol EDGT) has one native token called Gradecoin (symbol GRTC for short). Gradecoin is a fuel token for the realization of Edgecoin network resource control, with a maximum total limit of 10 billion. There is no minimum GDRT unit and tokens can be subdivided. On the Stellar blockchain on which Edgecoin runs, 10 billion EDGT is generated, Gradecoins have not yet been created. 10 billion GRTC, corresponds to 10 Billion EDGT will be generated through an investment plan where a different annual payout percentage will be given based on the amount of Edgecoin purchased. If the EDGT is transferred to a new address, the next GRTC generated will be credited to the new address. When a large number of spam transactions occur, Edgecoin can be used to prioritize transactions and smart contracts with qualifications identity. Transactions and smart contracts with no qualifying digital identities can get priority by paying GRTC.

What was the inspiration behind the launch of Edgecoin?

There was a need for a payment system in the educational sector that everyone affiliated with the system cannot only utilize for payments but equally trust in making these payments. Edgecoin was equally introduced to not only benefit the educational institutions but also to reward the average hardworking student in the area of reducing his cost and also providing ways through which these students can earn. This is made possible through the “Earn while you learn” feature that comes as a result of the automatic mining of Gradecoin, a fluctuating token.

PAYMENT SYSTEM CURRENT PROBLEMS:

Current technologies or platforms do not provide a trusted and secure environment for making successful transactions.

Here is a list of current payment systems:

  • High transaction fees or taxes
  • Data security
  • Slow to innovate & Slow transactions

OUR SOLUTION:

Through the use of blockchain technology, Edgecoin processes transactions through a smart contract based payment system powered by the stellar blockchain, resulting in:

  • Make transactions without restrictions.
  • Payments are processed immediately.
  • Transaction processing in a secure environment.

Edgecoin VISION:

  • There is no alternative text available for this image
  • Instant Transactions
  • Word .’s First Education Stable Coin
  • Global & Secure System
  • Allows you to bet
  • coin value
  • Cost reduction

Our basic and long-term vision is to provide a secure and transparent peer-to-peer digital payment system for Educational Institutions based on blockchain technology with the help of a DApp powered by the Stellar Network. To achieve our vision and goals, we are running our Edgecoin digital payment system. The combination of Edgecoin and Stellar blockchain works efficiently and effectively due to the following core features:

Eliminate the problem of slow transactions:
By using Edgecoin, it allows you to make transactions instantly.

Transparent System:
In our current digital payment system, there is no transparency at all. At Edgecoin, digital payments on all transactions are public and secure as transactions cannot be changed in any way due to blockchain technology. The unique features of the blockchain create a secure and transparent environment for all parties involved in the transaction.

Security:
Edgecoin processes transactions through a smart contract based payment system built directly into the platform. As a result, payments are transferred in a secure environment and this blockchain technology eliminates data security concerns. Going forward, we hope to drastically improve the digital payment system and transaction experience for educational institutions, thereby eliminating possible underlying problems such as high transaction fees, data security, slow innovation, and resulting in increased transparency and security of digital payment systems. in increasing trust for users.

The Potential of Edgecoins

Edgecoins has so much potential. It has impacted greatly on how financial transactions are performed and also aids in the decentralization of finance. However, one of the most significant impacts of EdgeCoin technology on education is the reduction in payment rates due to the absence of third-party agencies. EdgeCoinPay technology systems disallow the need for third-party agencies in transactions, eliminating payments of commission or bank rates. These transactions are encouraging reduced education payment fees, and increases the bargain power of consumers. One of the leading parties benefiting from this system is students.

Since its announcement in 2008 and eventual introduction in 2009, blockchain has successfully become the major hive for investors seeking to expand into cryptocurrency. One would expect that with the popularity and use of cryptocurrency, it has the full potential of blockchain that would have been established. However this is far from it.

here is our site: https://www.edgecoinpay.com/

The shortcomings of existing digital currencies, Bitcoin inclusive, is its limitations in the educational sector, where stable digital token is required for use by personnel working or participating in the education system. However a team managed by L.A Investment Ltd and supported by Girish Chandra`s University group, have studied the weakness in the current system. They have now successfully programmed a new Stable Coin which is aimed at filling the open spaces previously left in the relationship between cryptocurrency and payments in the Education ecosystem.

here is our site: https://www.edgecoinpay.com/

Edgecoins Token Distribution.

Token

  • Token Name : Edgecoin
  • Ticker : EDGT
  • Kind of Token : Stable Coin
  • EDGT Value : 1 USD
  • Supply Max : 10,000,000,000


Most Stablecoins are associated with the value of their looking at fiat cash. For the present circumstance, the Edgecoin Stablecoin is associated with the most secure money which is the U.S. dollar at an extent of 1:1. Thusly, 1 Edgecoin = 1 dollar.

Tokonomics of GRTC:

  • Name: GRADE COIN
  • Symbol: GRTC
  • Supply: 10000000000
  • Type of Token: Custom Token
  • 1 EDGT = 0.05 USD

Why is Edgecoin a better alternative to centralized educational payments? Why should we switch to Edgecoin?

The current payment system employed by educational institutions usually involves a middle man or intermediary such as banks which charge additional rates for processing educational transactions. Since Edgecoin eliminates the need for an intermediary, the additional cost is therefore eliminated, greatly reducing the cost for the average student.

Centralized payments equally have concerns over the security of the payment data. These concerns are, however, eliminated with the use of Edgecoin’s blockchain solution. Transactions done on the blockchain are transparent and cannot be compromised and they are equally kept secure through smart contracts built directly into the platform.

Edgecoin Founding Team

Luke Arliss: Founder & Director of Edgecoin;
Luke founded Edgecoin and Gradecoin in 2017. He also co-founded and is still CEO of LA ASSET MANAGEMENT LTD (a crypto-based asset management company).

Armon Rabiee: Founder of Edgecoin;
Armon founded Edgecoin. He has also helped launch Gradecoin and also helped us create a highly economical PoS system.

Charles Douglas: Edgecoin Chief Lawyer & Compliance Officer;
2005 – present – ​​Founded Charles Douglas Solicitors LLP in 2005, now renamed CDS Mayfair.

Christopher Johnston: COO & CEO/Founder of Edgecoin Karma – Browser & Mobile Search.
A serial entrepreneur with a rare mix of technical and commercial skills. Inventor of Cast Iron payment methodology.

Girish Chandra: Edgecoin Partnership COO
Girish is the CEO of one of the UK’s largest private colleges.

Mohammed Hussain: Edgecoin Financial Officer & Investor
Mohammed is an experienced blockchain technology entrepreneur who specializes in trading cryptocurrencies to ICOs and STOs.

Adrian Gut: Edgecoin Partner and Affiliate
Adrian has over 20 years of experience trading FX and commodities for leading Swiss Banks and Financial Institutions.

Chris Hooper: Edgecoin Chief Compliance Officer
Chris spent 10 years with the Financial Services Authority (now FCA) & co-founded FTC Compliance UK.

Carlie Harris: Head of Marketing Edgecoin
Carlie Harris specializes in Digital Marketing. He is also a Crypto and Forex Trader for the last five years.

Shahbaz Husaim: Accountant & Investor of Edgecoin
Shahbaz is an award-winning accountant specializing in financial control and reporting systems, with over 20 years of experience.

James Mather: Edgecoin Technology Compliance Officer
Founder/CEO of several technology start-ups, including Iron Oak Security and Marble Grange Recruitment, and the London Business School Executive MBA.

Stephen O’Sullivan: Gradecoin Innovator & Investor
Stephen is a Gradecoin innovator & Investor, with over ten years of trading in FX and Crypto.

Conclusion

Edgecoin is also familiar with the advantage of education foundations only to repay typically committed in spits reducing costs and let alone provide courses that can be obtained. This is possible through the “Acquire When You Learn” feature that comes because mining is modified from Gradecoin, fluctuating tokens. By being done with a magnificent blockchain covered, Edgecoin and other related DAPPs customers will see value in a very fast and truly safe financial portion system from the comfort of their cellphones. An extraordinary blockchain will relatively allow the foundation of education to get constant financial trade without necessity for agents and completion of further costs regardless of medium people.

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