eCoinomic is a digital platform that will provide financial services for holders of crypto currency, including investment, asset management, exchange, transfers, etc.
The main goal of the eCoinomic project is the development, promotion and optimization of the financial services platform based on cryptographic resources. It will provide its users with the
functionality of loans, exchanges, transfers, financial management and the integration of services and systems through online payment.
ECoinomic will offer various financial services to crypto holders:
- management of investments and assets,
- transfers and settlements between users and partner projects.
Each user of the platform will be able to choose the optimal package of services to use the full potential of the platform:
- Guaranteed and unsecured loans
- long-term and short-term investments
- mechanism for covering exchange rate risks for cryptographic assets;
- Financial operations, exchange, management.
- payment for goods and services in digital currency through trading platforms such as eBay and Amazon;
- Monetary operations with fiat funds, issuance of virtual cards supported by crypto assets.
A smart contract will track current quotes on several exchanges, which will allow an objective assessment of the current level of cryptographic assets. If the current factor of cryptographic assets decreases by more than 10% of the estimated value, the system warns the client that he can:
- post additional funds / cryptographic resources to cover the difference between the cost of the guarantee and the amount of the loan;
- consent to partial liquidation of loan repayment guarantees;
- close the credit line.
ECoinomic Token (CNC) is the ERC20 utility token, based on the Ethereum block chain. The purpose of the CNC token is to pay a commission for services on the electronic platform eCoinomic.
- Insurance reserve fund: will add to the attractiveness of the project to large and small investors.
- The price control system: checks the cost of the guarantee every minute based on the data of several exchanges;
- Security and Transparency: smart contracts will govern lockout, return or guarantee procedures;
- The platform eCoinomic will accept as collateral: BTC, ETH, LCH, BCH + TOP10 crypto-currency. Credits will be issued in: USD, EUR, GBP, JPY, CHF, CNY.
- The speed of cash transactions takes only a few minutes.
To assess the platform’s capabilities, the user must undergo a simple registration process. Then, in the newly created personal account, the user must add CNC tokens to his balance to gain access to the selected services. The balance of the personal account can be replenished in two ways: the transfer of CNC tokens that were previously purchased in ICO or crypto, or the purchase of CNC tokens at a fixed price on the eCoinomic platform.