The growing market for Additive Manufacturing leads to various challenges in their construction. The data exchange is increased sharply and thus result in a question on trust and security of the transaction. Through blockchain technology, called ERECOIN, the platform will manage a secure data transfer and protected the related transactions. Therefore, it will bring solutions on the above matter and lead the industry to be better. If want to know further on this platform, check on below explanations.
About ERECOIN
The ERECOIN platform is a symbiosis of Additive Manufacturing and Blockchain. Their mission is to make the increasingly complex world safer. ERECOIN want to build efficient, clear and uncomplicated transaction processes to help to establish Additive Manufacturing as a key manufacturing method in the future. Thus, the ERECOIN platform solves dependencies on economic and resource-rich centers and is a global and decentral accelerator of additive manufacturing. Individuals and companies, regardless of their geographical location, will be able to design, modify, buy and produce products using the ERECOIN platform.
ERECOIN Technology
Data exchange and rules on the usage of data are integrated into the blockchain. The ERECOIN platform is a decentralized blockchain solution focused on the transfer and exchange of digital 3D data and services. These transactions are referred to as an "ensured relied environment". The platform will work with significant amounts of data, categorize files and create conditions for collective transactions.
ERECOIN Goals
There are several goals of the platform. The goals are including as below:
• ERECOIN will reduce entry barriers for young companies and startups in the Additive Manufacturing industry and accelerate value generation by new products.
• ERECOIN protects efficiently and automatically the value of intellectual property in digital product data through smart contracts.
• Product piracy and industrial espionage due to data loss and misuse will be reduced by using the ERECOIN platform and simplify the transaction of product data for everyone.
• Transparency of product development, creation, and history of product data will be available to customers of ERECOIN platform.
• Product certification will be an essential part of the Additive Manufacturing process supported by blockchain.
• Realization of customer-specific products with small quantities will be economically reasonable. Customers of ERECOIN platform will be able to participate in living on demand by consuming individual design objects and products.
• High stocks of low-demand-products can be addressed with Print on Demand by using ERECOIN platform. In fact, the environmentally friendly economy model will be improved.
• ERECOIN owners get a share in a fast-growing industry that is changing our world right now.
ERECOIN Token
In order to fund the development of the ERECOIN platform and the growth of the ecosystem, the token crowdsale are created. As the platform delivers business growth, it will progressively onboard more users and grow its transaction volume.
ERECOIN initially drafted the threshold with a price trigger. So that the Token reserve to increase in circulating supply over time and reduce price pressure and avoid speculation. The funds raised allow the team to further improve the platform, invest in growth and increase the necessary reach and distribution as the ecosystem grows. It also allows the team to collateralized, some of the platform’s assets by performing a series of contracting experts, freelancers or additive technology directly into the platform.
This series of acquisitions allows ERECOIN to generate free cash flow that is reinvested in growth. The cutting-edge work of integrating all those existing and proven technologies into a seamless platform lends itself very well for grant funding and research development credits, further reducing the operating cost and mitigating risk. The cycle repeats whenever the price reaches one of the predetermined thresholds and every cycle contributes to expanding the circular economy, for the mutual benefit of all the participant in the ecosystem.
From the explanation above, it is clear that ERECOIN platform is the best solution to the current problems of Additive Manufacturing. Therefore, if interest to be the part of the solution, then let’s not miss the token sale which is still ongoing. Be the part of the investors and feel the gain in an optimum way. ERECOIN platform will welcome you warmly!
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Author Information
Name: Ridwan.P
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=795655
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