eCoinomic - Bridging the gap Between Fiat and Digital Transactions

Introduction

The growth of the digital economy penetration have already enabled an explosion in nontraditional financial services over the last decade, spurred on by the need to service new forms of interaction between individuals. in the decade ahead, as more devices become connected and the internet of things (IOT) takes off, a second round of machine-to- machine transactions is expected to add to the intensity of transaction growth, further blurring the distinction between money and data.

In this new, digital-only world, the concept of physical money is fast becoming redundant. The transaction, whether a payment or other form of virtual exchange, is increasingly invisible.
In real world commerce, too, the “act of paying” is gradually disappearing. Master Card’s Qkr! pay-at-table restaurant app lets customers book a table, eat and then leave in much the same way as Uber allows passengers to get out of the taxi without formally verifying a transaction, small merchants can create gift card programs for customers without the heavy cost of investment in development and marketing. Much of this is not new.

Customers have been paying “on account” using card or bank account details stored with a retailer for decades. What’s changing, is that the combination of higher volumes of digital transactions and the automation of the payment is converting money from a physical form of exchange into another form of data. In the case of blockchain-based social network Steemit, for example, users are rewarded in virtual, but convertible Steem dollars for creating content that helps drive use and interaction on the platform.

The smart contracts on the eCoinomic.net platform aid all of these. The main objective of the project ECoinomic.net is the development, promotion and optimization the financial service platform based on the cryptographic resources. This platform offers users the functionality of loans, exchanges, transfers, financial management and integration services and systems through the online payment. A variety of currency options with the help of which allows to make payments in multiple currencies. Customers may borrow in any form, such as USD, EUR, JPY and cryptocurrency coins like Bitcoin, Litecoin, and Ethereum.

The chief point of eCoinomic is to cross over any barrier amongst fiat and crypto universes by uniting cryptocurrency holders and institutional investors/family workplaces into a solitary financial system for the both parties, also to expand the liquidity of digital forms of money by pulling in fiat cash from financial associations. The thought is to lift the hole amongst crypto and conventional financial resource.

Features of eCoinomic

Lending: eCoinomic will be offering loans to users either on Cryptocurrencies or Fiat money: The loans will be both secure and unsecured. The loans will be offered at a \minimum of $2,000 to a maximum of $10,000 with a repayment period of up to 30 days. (subject to change)
Investing: eCoinomic will allow the members to make investments through the CNC tokens in both short-term and long-term basis.
Hedging: The platforms will secure the investments against other assets and Fiat money.
Crypto exchange: There will be peer-to-peer networks that allow a transfer of the CNC tokens after the ICO completion.
Crypto payments: The CNC will be incorporated into debit and credit cards to facilitate the transfer of goods and services from any point in the world.
Smart Contracts: This feature will ensure that due diligence is of the essence by cross-examining the collaterals and ensuring that loan obligations adhere to the letter.

Strength of eCoinomic

Multicurrency support – this platform allows the use of BTC, BCH, ETH, USD, EUR, CHG, JPY and GBP.
The inbuilt payment agent ensures that transactions are smooth and fast.
Smart contracts enforce security and transparency measures.
The price monitoring systems check collateral value in real-time.
There exists a special reserved insurance fund.

CNC Token & ICO

eCoinomic Token (CNC) is an ERC20 utility token, based on Ethereum blockchain.

Token name: CNC

We accept VISA and Mastercard or Cryptocurrency payments

Token sale details
Starts 01.06 and ends 01.11.2018
Maximum amount of CNC allocated for Reserve stage is 1,400,000,000tokens.
Minimum Contribution is not limited.
Maximum contribution is USD 250,000.
Initial Token price: 1 CNC = 0.06 USD

During the Reserve stage the token price increases by 1 cent each 9 days until 01.08.2018.

Starting from 2 August till the end of Token Sale, token price will be 0.0005 ETH (1 ETH = 2000 CNC).

Reserve stage will be continued until the Hard Cap is reached — USD106,000,000 or until 01.11.2018.

Team

A competent team manages eCoinomic. This diverse team comprising of experts and advisors have stellar credentials in banking, software engineering, IT audit and consultancy, and statistical data analysis. The core team of the project consists of professionals and experts with more than 10 years experience in Fintech Industry and software development who worked in Veeam Software, Netwrix Corporation, Geekbrains, SMSchain, Cindicator and One Venture Partners.

Aleksei Smolianov- CEO of Sauber bank that operates since 1992
and offers a variety of financial services to its clients.

Maksim Akulshin- Maksim has been a member of the Board of Directors in the
Sauber bank since 2012. He’s also been working as a CEO at SIIS since 2009. Having combined his versatile experience Maksim now is a co-founder and a senior architect at eCoinomic.net.

Vitalii Topor- Vitalii has been a Director of the Operations of the microfinance company "Dengi Budut!" since 2013. Vitalii graduated from Baltic State Technical University and St.Petersburg State University, specialized in Management and Finance and Financial Management Services. Vitalii co-founded eCoinomic.net in 2017 and became a Managing Director of the company.

Partners

Conclusion

eCoinomic whitepaper have got some in-depth analysis about the project , you can click on the link below and find out more on this project. This article is just a guide to potential clients, stakeholders and everybody itching for a snip of this wonderful project.

You can be a part of this tremendous project, follow these links for more information;

Website: http://www.ecoinomic.net/
Twitter: https://twitter.com/Ecoinomicnet
Facebook: https://www.facebook.com/ecoinomic/
Telegram: https://telegram.me/eCoinomicchatroom
Join now through https://account.ecoinomic.net

Author
belushiiwuzeree

BITCOINTALK PROFILE
https://bitcointalk.org/index.php?action=profile;u=2191289