This is Edenchain

Edenchain is an under the radar project that is gaining a lot of traction in the last weeks. They want to solve multiple issues by creating their blockchain-based platform for smart contracts with high security, performance, and low processing fees.

It can be used in a wide range of applications and industries like IoT, Finance, Shared Economy, Games and it will also provide an ICO Platform for start-ups to launch their own ICOs across all sectors. That’s why you can compare it to Stellar, NEO, but also to ICON.

They already mentioned three uses cases for Edenchain — quoted 1to1 from their website:

HelloEden is the first ICO platform targeting Korean Market. Edenchain will provide ICO coin release, marketing, and investment, a total service by a platform. Edenchain has partnered up with the number one Tech PR/ Marketing Firm M&K in Korea.

Cleandeal is a B2B open-market platform, ran by YT Corp. that has a supply agreement with Hyungji Corp., KHMA(Korea Housing Management Association) Org., Embrain Corp.

MyCreditChain is an affiliated company of number one Pintech Firm Finger, providing P2P financial service. This company is using Edenchain Platform to provide p and Blockchain Technology to provide P2P service.

And besides that they have also established strong partnerships already:

Safe & fast

To make the adaption for developers easy they are supporting Solidity, which is the most popular smart contract language at the moment.

EdenChain can execute a large number of transactions quickly, but they don’t say how many. They say that they will need to conduct further tests to determine the exact amount. That’s something I like about the project because they won’t promise any number without testing it.

To make the blockchain safe, EdenChain employs the E-bridge layer to retrieve data from numerous data sources, encrypts this data and makes use of the median voter theorem (MVT) to protect this data from being compromised.

DApps & Masternodes

Two other important things that can boost the interest on Edenchain:

You will be able to build DApps on Edenchain, and they will support Masternodes.