A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, Ethereum Card, the peer-to-peer cryptocurrency for global shopping & trading currency including escrow services for all stores, merchants and brokers has arrived. Ethereum Card helps to increase the day-to-day transactions as well as low transaction fee with the use of MultiDimentional contracts and reverse transaction on the blockchain technology.
"Cryptocurrency is a type of digital currency that uses cryptography for security and anti-counterfeiting measures. Public and private keys are often used to transfer cryptocurrency between individuals.
As a counter-culture movement that is often connected to cypherpunks, cryptocurrency is essentially a fiat currency. This means users must reach a consensus about cryptocurrency's value and use it as an exchange medium. However, because it is not tied to a particular country, its value is not controlled by a central bank. With bitcoin, the leading functioning example of cryptocurrency, value is determined by market supply and demand, meaning that it behaves much like precious metals, like silver and gold.
Cryptocurrency transactions are anonymous, untraceable and have created a niche for illegal transactions, like drug trafficking. Because the currency has no central repository, law enforcement and payment processors have no jurisdiction over bitcoin accounts. For cryptocurrency supporters, this anonymity is a primary strength of this technology, despite the potential for illegal abuse, as it enables a shift in power from institutions to individuals."
With that being said, the Ethereum Card aims to reach big relevance into global shopping & trading currency including Escrow services for all Stores, Merchants, Brokers.
Now that I have your attention, let’s get right to it.
What exactly is Ethereum Card?
As depicted above and as indicated on the official website of Ethereum Card, Ethereum Card is Peer-to-peer cryptocurrency for global shopping & trading currency including escrow services for all stores, merchants and brokers and help to increase the day-to-day transactions as well as low transaction fee with the use of MultiDimentional contracts and reverse transaction on the blockchain technology.
In addition, the Ethereum Card aims to reach big relevance into global shopping & trading currency including Escrow services for all Stores, Merchants, Brokers. The big change coming with reverse transactions enabled on its own blockchain (Mainnet) will offer traditional services to a huge population not familiarized with blockchain irreversible transactions.
Ethereum Card token on the blockchain is the digital, distributed, and decentralized ledger of virtual currency that's responsible for logging all transactions done from shopping mart, trading, brokers transactions and escrow services without the need for a financial intermediary, such as a bank. In other words, it's a new means of transmitting funds accross the countries.
About The Ethereum Card Escrow Community
What is Ethereum Card Escrow services?
Ethereum Card escrow services is a financial arrangement on our community where we holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in our secure escrow account which is only released when all of the terms of an agreement in a shopping mart or brokers or on stores are met as overseen by the Ethereum Card.
Reverse Transaction Enabled
Ethereum Card will be enable reverse transaction feature for MultiDimentional contract on our Mainnet on the blockchain technology.
This feature is a new transaction that replicates the original transaction, but with debit amounts shown as credit amounts and vice versa. After posting a reversal transaction on the wallet, you have two transactions (the original and the reversal), but the account balances appear as if the original transaction was never posted to your balance but reflect on your account history. A reversal transaction is automatically posted to the same account for the same amount as the original transaction. You cannot change the amount or account of a reversal transaction. However, the two parties will engage in an agreement of reversal which enable us to send confirmation to the second party wallet and automatically authorized on the blockchain.
The Features
The Ethereum Card ensure swiftness, security, transparency & proven record in finance, development, marketing of the project:
Reverse transaction feature
The ETHCD Mainnet enable users to initiate and reverse the transaction within a specific given time.
Ultra Fast
Instant Transaction
The ETHCD is swift in initiation of multiple transactions within a second on the blockchain technology.
Security
End to end security
The ETHCD ensure the end to end security on every transaction initiated on our blockchain.
Highly Scalable
Limitless Applications
The ETHCD Mainnet is effeciently designed distributed system, adding and removing nodes easily.
Escrow Services
Escrow services for the community
The ETHCD escrow services portal ensure the safety of any transaction / deal within the two parties.
Reliable & Low Cost
Low transaction fee
The ETHCD run on low transaction fee / charges for all transactions done on Mainnet.
The Benefits
The Ethereum Card Team combines a variety of features on this project in order to bring you the best and to make cryptocurrency and blockchain more legit and to increase the day-to-day transactions accross the countries that bring us better futures.
The Ethereum Card give chance to shop globally & trade around the world, plus an escrow services.
The Ethereum Card makes you the sole owner of a secure wallet on the blockchain.
Ethereum Card provides you an escrow services for your business between the two parties.
The Ethereum Card Mainnet built with reverse transaction featurethat enable the two wallets to send reversal confirmation on the blockchain for the authorization.
About The Token Sale
The Ethereum Card Token (ETHCD) is instant distribution and it is automatically transferred to the buyer wallet instantly; upon the confirmation of investor contribution on the blockchain network. However, if the ICO sale of ETHCD is not suitable for all investors since we have received many requests to go for IEO because it’s in vogue now for all traders and investors around the world. If happened that hard cap did not reach, then announcement of IEO platform will be broadcast in all our social channels and platform for all investors.
Token Details
The Ethereum Card Token (ETHCD) token sale stage is as follows:
The Ethereum Card Token (ETHCD) is distributed following this setting. Distribution is automatically transferred.
Till next time…
For more information, please visit:
Website: https://ethereumcard.org/
Whitepaper: https://ethereumcard.org/Whitepaper_V2-eng.pdf
Telegram: https://t.me/ethereum_card
Twitter: https://twitter.com/ethereum_card
Medium: https://medium.com/@ethereum_card
Reddit: https://www.reddit.com/user/EthereumCard
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
My Ethereum Address: 0xF3f7b9c45864006DBd1571De53d5847C0d11438c
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.
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