In this modern and digital-based era, we can not deny that technological advances have brought us to the next level of financial service. Blockchain technology, for example, is being implemented to support cryptocurrency involvement through banking and financing.
However, existing forms of digital assets can not be used as financial assets, therefore, can not be used as collateral, and on the other hand, asset owners need to protect their cryptocurrency in order to add value in quick time. And that's where eCoinomic takes part to solve the problem.
Introducing eCoinomic.net:
As has been said before, existing forms of digital assets can not be used as financial assets or as collateral, therefore eCoinomic.net companies try to offer new solutions through the creation of a global platform that allows individuals and small businesses to use their crypto assets. as collateral when they want to lend fiat money.
eCoinomic.net will act as a third party and will link financial institutions such as investment banks, family offices, and funds as lenders and individuals or small businesses as borrowers. eCoinomic.net will stand out in addition to the financial institution and protect it with the maximum lending procedure to minimize the risks associated with it. In addition, eCoinomic.net also offers low-risk but profitable investments for any financial institution.
ECoinomic.net ecosystem
There are two major roles in the eCoinomic.net network, Lenders and Borrowers. Lenders are financial institutions such as investment banks, family offices, or funds. They will provide loan terms in fiat currency and will be protected by eCoinomic.net with maximum lending procedures to minimize their risk. Meanwhile, the borrower may be an individual business or a small business. They need a CNC token role to use the eCoinomic.net platform.
The mechanism for accessing eCoinomic.net is quite simple. Users have to go through a registration process that requires legal KYC procedures. After that, the user must have a CNC token and add it to their new personal account. And after the eCoinomic.net launch, the CNC token price will be based on their exchange list, and the CNC token can also be used as collateral.
The main language that will be used in the eCoinomic.net platform is Python. And this platform will be based on Ethereum blockchain which will include Smart Contract program. The Smart Contract will liquidate the change from the form of the collateral into a loan and will pay the interest rate. The maximum number of single loan contracts in eCoinomic.net up to USD 10,000 and the maximum period for each user to sign their contract is for 30 days. This may be further extended after the previously charged interest and service fees have been paid by the user.
Introduce eCoinomic.net Token
Like any other platform in the world of cryptocurrency, eCoinomic.net also needs a token role that will be used to transact on its platform. The eCoinomic.net Token can be known as a CNC token. This is a utility token that can also be used as a guarantee and based on the ERC20 standard which means it is very easy to integrate with other Ethereum contracts.
Roadmap
Q3-4 2020
Conducting the IPO
Q1-2 2020
IPO procedure initialization
First stage crypto bank launch (licensed in the UK and EU)
Q3-4 2019
Cooperation and technical connection with trading platforms
Issue of bonds
Procedure of crypto bank registration start
Q1-2 2019
Finance transfers from financial institutions and family offices
Expansion through global partnership with local microfinance organizations
Legal procedures for bonds issue
Quarter 2018
Virtual cards issue
eCoinomics.net payment agent with open API launch
Platform launch - November for early adopters, December - public.
Q3 2018
Obtaining of licenses, developing solutions for different jurisdictions
Token Sale finish
Partnership with top global payment agents
Signing the Letters of Intent with financial institutions and family offices
Q2 2018
Pilot project launch in Russian Federation
Token Sale (Pre-sale stage)
International platform alpha release
Token Sale start
Q1 2018
First public information on the project
Early-stage development of the platform
2017
Origin of the idea
Conducting cryptocurrency market research, technical solutions evaluation
Working team assembly, concept development
Background
Our team has many years of experience in the real sector of economy, in working with banking and credit products.
We are aware of the obstacles to the merger of the two markets: fiat and crypto currencies. Therefore, we are planning to implement in 2018 a platform that can work in the current legal and technical framework.
2005
Legal and accounting services, financial consulting and audit.
2009
Software development and telecommunications systems services.
2010
Consulting and audit in the field of information technology; service for collecting and processing statistical data.
2012
First orders from companies in the banking sector, conducting market research, automation of business processes.
2013
Becoming a member of the group of financial companies; improvement of software products.
2015
The origin of the eCoinomic idea; conducting blockchain studies, evaluating existing cryptocurrencies.
2017
Creation of a working group, development of a platform concept and a loan product prototype.
Our Team
ADVISORS
PARTNERS
Loan collateral eCoinomic.net for owners of crypto. How does it work :
see the video
Website: https://ecoinomic.net
ANN: https://bitcointalk.org/index.php?topic=2878954
Whitepaper: https://ecoinomic.net/docs/Whitepaper_v.1_5_eng.pdf
Facebook: https://www.facebook.com/ecoinomic/
Twitter: https://twitter.com/Ecoinomicnet
Telegram: https://t.me/ecoinomicchannel
Author by: Dava.Dina
https://bitcointalk.org/index.php?action=profile;u=1034494
ETH: 0x6A9b4B19f04d46acB112fd999d8d2cD07938D3C2
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