KuCoin Blockchain Asset exchange is pleased to announce that starting today, EdenChain (EDN) is available on their state-of-the-art platform.
Deposits are now open with supported exchange partners such as EDN/BTC and EDN/ETH. All trading actions can be performed using KuCoin’s Android and iOS app, or to their website at www.kucoin.com.
About EdenChain (EDN)
EdenChain is creating a new economic order where physical and non-physical assets are united through tokenization of these values by their innovative platform. Smart contracts are used for the integration of these two categories of values generating what is known as the Programmable Economy, a term that means the influence of tech on the economy. The blockchain is the source of this economy as its features and characteristics facilitate the programs that have been set by this platform. For years, optimization of blockchain tech has been the center of many projects as the purpose carried by decentralization is pushed by a part of the technological sphere.
The Programmable Economy
It represents the grand vision of the EdenChain project. As aforementioned, the rearrangement of the modern economic system to match the tech that that has been shown to the world is critical. There is a money making ideas that are still blurry to most economies. Physical properties like cars, gold, and oil each have their value with a specific process of calculating this value present. For non-physical objects such as fans or fame, there is no real way of defining how much an individual is meriting as a result of their reputation or how many people they can control.
System Architecture
EdenChain went with a private or permissioned blockchain for its platform simply because it is easier to get better performance results. This option gives the system slightly more control compared to public blockchains which are crucial especially if this project is to meet its performance goals. Entry into this ecosystem requires permission from the administrator which allows the creation of an even more secure platform. The specifications that have to be accomplished by those desiring to join the platform will enable the filtering out of possibly dangerous individuals from joining its ecosystem. Its architecture consists of three distinct layers each with unique individual functions. These three layers converge on the storage, validation, and distribution of data that is involved in agreement processes inside the blockchain.
