Erachain – Smart Blockchain App & Light Cryptocurrency Wallet?
Anybody who has been following the news even a little knows that cryptocurrencies have begun to dominate the global economic scene. Today, the whole world seems to be closely studying the ins and outs of blockchain technology, so as to come up with products that can be used in everyday life scenarios. In recent months, we have seen the creation of various blockchain based social media platforms, media sharing outlets, dating services etc. Thus, with the current climate that we are in, it should not come as any surprise if we were to see the adoption of this technology in almost every facet of our daily existence.
What Is EraChain?
According to the company’s official whitepaper this project is designed to “help give the world a tool to work with blockchain technology in an easy and simple fashion”. The core audience that this platform aims to target includes:
- IT professionals
- Public servants
- Specialist in any social field
Through the use of Erachain, these individuals can derive benefit by earning money and optimizing their company’s business processes.
Technically speaking, the Erachain environment is designed in a way, such that it can integrate quite easily into all of our daily work/social needs. For example, EraChain can provide services such as:
- Issuance and signing of legally binding contracts
- The ability to create surveys, polls so as to take public opinion into consideration.
- Perform market research so as to better guide further product development.
How Does Erachain Work?
According to its creators, Erachain is a “fully developed platform” that is not only secure, but also quite fast and nimble in its operations. It makes use of systemic encryption protocols, that ensure the validity of all transactions that take place within the system. In addition to this, owing to its clear verification system, EraChain is able to provide security to its users in terms of the ’creation and exchange of documents’. Lastly, the creators believe that this platform has the potential to be used by everyday users, businesses and even governments due to its straightforward design and interface.
What Currency Will Erachain Use?
According to information that can be found on the company’s official webpage, this system will make use of “two different sets of coins”. Both of these currencies are independent of each other, and do not affect the price of one another. One of the tokens will be called ERA, while the other COMPU. At this point, it should me made clear that COMPU is used only as a “transaction fee and is the only one that can be forged”.
As a direct result of this dual currency system (a model that is becoming really popular these days), transactions are not only much cheaper, but also more faster than ever.
What Opportunities Are Being Offered To Customers?
Through the use of the EraChain platform, users can can gain access to opportunities such as :
Conduction Of Crowdfunding Campaigns:
Individuals can use EraChain to create an ICO and thus fund their company. The entire process is quite straightforward, and can be completed within a matter of a few minutes.
Tthe service comes with its very own exchange service. Here, users have the ability to buy and sell tangible items, assets and exchange coins.
Creation Of Legally Binding Contracts:
Another interesting feature of this platform is its capacity to “send and receive contracts” from business associates. All of this is done via the use of a verification system that makes use of a advanced “encrypted and/or decrypted functions”.
Through various simple methods, this platform allows us to communicate with members of our company much more easily. As a result of this, business operations can be carried out much more smoothly, and with ease. Lastly, as mentioned earlier, EraChain allows users to send/receive documents, create surveys and polls with the simple touch of a button.
Becoming A Certified Forger:
According to the company’s whitepaper, Erachain’s well optimized code allows us to “become a forger without requiring special equipment”. As soon as the platform is activated on our computer, it automatically generates blocks and supports the community .
How Do I Sign Up For Erachain?
Interested users who wish to make use of the EraChain platform can download the software for free, from the company’s official website. There are certain system requirements that need to be met, in order for the software to run seamlessly on our computers (thus users should read through the operational manual before installing). For any other details or queries, users can get in touch with customer support representatives via email.