Edgecoin is an Educational Stable Coin that provides an open payment system for educational institution.
In recent times, the world of blockchain and cryptocurrencies have experienced increased popularity among investors and traders. With Bitcoin reaching a new ATH amidst huge market volatility, many have looked into other areas driving the acceptance and expansion of decentralized financing (DeFi). Two major players facilitating this expansion have been the introduction of NFTs and Stablecoins.
While Stablecoins have been used to represent fiat currency in recent times, their use has been suggested to be far-reaching. Thus, the introduction of Edgecoin, an Educational Stablecoin into the DeFi space has attracted widespread interest. This educational Stablecoin initiated by Edgecoin has emerged as one of its kind and could well mark the beginning of a partnership between education and blockchain. Blockchain in particular has interesting use cases in education, among which is tuition fee payments, including other academic payments such as books and accommodation. Payments done through this medium are immutable; the records cannot be tampered with and it offers an added layer of transparency to the system.
What is Edgecoin?
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.
You automatically receive Gradecoin whilst holding Edgecoin, a fluctuating coin on the DeFi market. Because of the massive demand & interest in this project, we are expecting a 10x in the short term and the possibility of a 100x over a longer time frame.
The project is listed on Coinmarketcap , Coingeko, FinexBox
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.
Meanwhile, using Edgecoin guarantees that transactions are settled at the same speed as the internet, even faster, since the platform wouldn’t run into certain network frictions which is usually common among centralized institutions. Moreso, there is also the opportunity to earn with each payment made, a feature peculiar to Edgecoin. This platform is the future for smart educational payment-related fees.
Edgcoin Token
- Name:Edgecoin
- Abbreviation:EDGT
- Type of Token:Stable Coin
- EDGT Value:1 USD
- Supply:10,000,000,000
Writter: Sirhieu1
Altcointalk Link: https://www.altcoinstalks.com/index.php?action=profile;u=19352
#Edgecoinpay #blockchain #DeFi https://www.edgecoinpay.com/
