Giving the Cryptocurrency Holders a chance to secure Loans with eCoinomic

The launch of the blockchain technology into our lives have created a lot of opportunities for the development of opportunities and services and it has the great potential to grow large. This blockchain technology runs on the digital currency called the cryptocurrency which is a digital asset and can be used for a very wide application on numerous platforms such as financial transactions, e-commerce, gaming, security, advertising, etc. But one of the major issues faced by the blockchain technology is the fact that it's not widely accepted by all and cannot be utilised as a form of collateral for those who are trying so hard to secure a loan. This is where the platform called eCoinomic comes into play

What is eCoinomic?

This platform is based on the blockchain technology and it was designed to provide financial services to the ardent holders of cryptocurrency. This platform recognises cryptocurrency as an asset that can be used in form of a collateral to secure loans. It gives Fiat money to its used and takes these digital assets as collateral. In this way, users that are desperate in need of money won't have to sell their digital assets but can get the money they need from the platform.

Short Video on How eCoinomic works

What are the Advantages of the eCoinomic?

The platform will serve as an intermediary that will stand for the borrowers and the financial institutions. It will stand as a role of the guarantor using the users digital assets as collateral, thereby reducing the risks that are joined together with lending methods.

In Addition, with the use of digital assets collateral, it can provide other services to its users such as investment and asset management, transfers and agreements between users and partners, reduce currency risks and market vulnerability, use of the platform access to purchase goods and services using cryptocurrency and finally giving its users a virtual card that runs on cryptocurrency.

Also users have the option to exchange their digital assets on the platform, for example if a individual provides BTC as a collateral, when he is getting back his assets, he can request for the crediting of ETH or BTCcash in exchange.

To achieve a very great credibility as well as improved security and transparency, the eCoinomic platform uses a smart contract to automate the procedure for the collateral and loaning of funds. With this, there will be a very high security of the investments for both the creditor and the borrower.

With this, when a user fails to pay back the collected loan, the smart contracts will liquidate all the digital asset collateral and use it to pay off the loan with the accrued interests.

So with all this, the platform will be able to offer solution to both sides of the lending transactions.

Token Information and ICO Details

The platform runs on its own cryptocurrency called the CNC tokens and this is an ERC20 that's based on the ethereum blockchain. The presale of this token took place and ended in MARCH 15, and the main sales will take place from May 1st 2018. The price of a since CNC token is 0.05 USD. The accepted forms of payment on the ICO is BTC, ETH, XRP, BCH, LTC, NEO, XMR, and ZEC

Conclusion

Thus, the eCoinomic platform is a very great projects as it will offer loans to holders of the cryptocurrency assets with their use of digital collaterals. So I urge all users to have a look into this project, get to know it better and if possible, make use of it. So for more information on this project, and how to be a part of it and also contribute to its growth by participating in the token sale, please visit.

Website: https://ecoinomic.net/

White the Paper: https://ecoinomic.net/docs/whitepaper

Telegram: https://t.me/ecoinomicchannel

Facebook: https://www.facebook.com/ecoinomic/

Twitter : https://twitter.com/Ecoinomicnet

Medium: https://medium.com/ecoinomic

ANN: https://bitcointalk.org/index.php?topic=2878954

Link Profile: https://bitcointalk.org/index.php?action=profile;u=463354