There are issues associated with the use of application developed on blockchain technologies and cryptocurrency which make it unenticing to many people willing to use the cryptocurrency platform. There has been billions of dollars lost to hackers and theft in the past years, presently the most secured and practical solution thus far is to store cryptocurrency/ private keys and decentralized applications (D Apps) access on an offline device. Example been the cold storage hardware wallet.
The year 2017 was a very good one for the cryptocurrency world as it witness a tremendous growth but also on the other hand, it witness a major lost too as billions in cryptocurrencies were locked up or stolen. About $534.8millions worth of NEM coins was held in a hot Wallet of coinheck, a Japanese cryptocurrency exchange. This calls for the need to create measures to protect cryptocurrencies and private keys.
Security of private keys become a very important thing to do as it is very easy to lose one's asset once the private key has been exposed, therefore correct measures are to be taken to protect this ‘revered key’.
Another major issue affecting the mainstream and adoption of cryptocurrencies is the inability to quickly and conveniently convert cryptocurrencies in the real world. Though there are a lot of exchange platform, most of them are lacking in security and can be challenging and complicated to use making them inaccessible to many people.
All these been identified, ECOMI aim to bring solution to the problems with the use of the ECOMI ecosystem which entails the ECOMI Secure Wallet and the ECOMI One.
ABOUT ECOMI
ECOMI is a secure digital economic ecosystem supported by ECOMI Technology Pte Ltd. It aims to bring blockchain Technology to the mainstream in one user-friendly platform. It also offers the many benefit of decentralization, privacy and control in the palm of your hands made possible with the secure wallet and ECOMI One cards, at the core of ECOMI is a desire to create a range of usable and functional products which will be achieved using a mixture of technologies, proprietary tools and numerous standing partnership.
ECOMI ECOSYSTEM
The ECOMI ecosystem is focused on building a decentralized application that offers ownership, control and privacy by securely storing private keys o the secure wallet or the ECOMI One. It is a second layer of security unlike other ecosystem in blockchain, using the secure wallet and the ECOMI One, all private keys created for both cryptocurrency and decentralized Apps will be held offline. This will create an ‘air-gapped ‘security level which improves security as compared to other physical hardware wallets.
THE ECOMI SECURE WALLET
The ECOMI is built upon the secure wallet which is a credit card-sized cryptocurrency private key hardware device that help to secure protection of digital assets.
The secured wallet is designed in a way that it becomes impenetrable to malicious cyber-attacks, since it never connect directly to the internet or to an online device insecurely. The wallet is paired via an encrypted wireless/bluetooth connection to a host device ( Apple or Android smartphone). Removing the need for a wired connection to the host device make it to be less compromised thus allowing the highest degree of portability.
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ECOMI ONE
The ECOMI One is also a credit-sized global payment card. It is built on the secured wallet technology. The major aim of the ECOMI One is to secure the cryptocurrencies, fiat currencies (USD, GBP, EUR, Naira, e.t.c) as well as the NFC-enabled debit, credit and loyalty card. The ECOMI One card holders can spend fiat and cryptocurrencies using contactless methods, with the integrated debit card, where all major debit cards are accepted.
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ECOMI APP
THE TOKEN SALE AND UTILITY
The ECOMI Token is called the OMI token. The ECOMI aim to sell an approximately 500,000,000 OMI token (OMI) during the TGE. It is believed that the sell of these tokens will both raise funds for the ECOMI long term initiatives and secondly raise awareness and support for the ECOMI Ecosystem. The OMI can be used in numerous ways, it can be used for application access in the ECOMI ecosystem in the form of staking.
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ROADMAP
Read more on ECOMI on
website
whitepaper
My name is Oladeji Victor and I am Tuvic on bounty0x. You can reach me on Bitcointalk through this link
Email: Oladejivictor3@gmail.com
The main aim of this project is what I like
A platform aimed at securing asset in wallet, I providing security for token in wallet and also coming up with an Ecomi one card that can be used all around like other credit card. I
This is amazing