EtherInc knows the need of corporate to manage the organization such as files and data. In this case, creating, managing, and operating an organization could be a hard thing. Then, EtherInc presents to solve this kind of problems. The aim of EtherInc is to manage the organization including lengthy paperwork, bank visits, legal complexities, numerous fees and unnecessary intermediaries and third parties with artificial restrictions. Indeed, EtherInc has a goal to empower teams in organizations. They are managing and operating the organizations to be more resilient and trusted, enabling efficient creation of value without borders, restrictions and costly intermediaries.
As the consequence, here we give you the detailed information of EtherInc below.
Features of EtherInc
1. Featured with Blockchain
Same as another platform, EtherInc as the future development of organizations are supported by the technology called “Blockchain”. Also, it is working with Ethereum and ETH Tokens as a fuel in Ethereum blockchain. By having Blockchain, EtherInc believed to build the businesses online in a decentralized virtual world. You can also check on Siglo, A Blockchain-based Protocol Supporting Mobile Connectivity
2. Based on Tokens
As explained before, EtherInc has ETH Token as their token to make transactions. It works in an Ethereum which allows the chance to utilize these tokens first as well as see the upgrade which we have given to the existing Ethereum blockchain. As a result, the tokens will be beneficial to be easily incorporate fully democratic, decentralized and disintermediated organizations.
3. Provides Smart Contracts
EtherInc provides Smart Contracts to support the system in a way to make the secure transactions. At this point, it works together with Blockchain and Ethereum. Then, EtherInc can create the completeness, value-awareness, Blockchain-awareness, and state in the organization system. You can also check on Smart Valley Helps Investors Evaluating an ICO
How EtherInc works
- To manage the regulatory system in the corporation, the management team will set up a separate Public Relations department that will actively communicate with relevant government authorities and industry practitioners. This will be good to design and carry out its digital asset issuance, trading, Blockchain finance, Blockchain applications, and other businesses under existing legal framework.
- Then, to deal with market risk, the EtherInc will attend industry meetings regularly and hold press releases on project progress from time to time. It will be beneficial to communicate and discuss with relevant businesses regarding current market needs and prospects.
- Consequently, to solve technical risk, the operations team will work closely with top developer communities and research institutions. Then, it creates the system to focus on the development of the ecosystem. Not only for that, EtherInc will also allocate funds to support the construction of each community and carry out in-depth collaboration with other Blockchain and crypto communities. Indeed, this will be beneficial to make the technical projects are managed well.
- Finally, to deal with financial risk, then EtherInc provides the solution. They are storing the digital currencies raised through Coinsale or Pre-sale in multi-signature wallets with cold storage and managed by Einc team. This will cut the risks of hackers or other malicious groups or organizations. You can also check on Horizon, A Wireless Technology Based on Blockchain and Ethereum
To conclude, EtherInc provides the solution to create an alternative protocol for running decentralized organizations and building decentralized applications. Also, it has a purpose to provide a different set of trade-offs which are very useful for a large class of decentralized applications. It is based on Blockchain technology with a built-in Turing-complete programming language. Then, it is also useful to allow anyone to write smart contracts and decentralized applications to create their own rules for ownership, transaction formats, and state transition functions. This platform will promote the growth of startup sector by increasing the development of their organization.
OFFICIAL SITE: http://etherinc.com/
EINC ADDRESS: 0x0778C581fdb35e1cf0f391F3eF87a364Ca103DF4