The blockchain is generally known as the underlying technology which forms the basis upon which Bitcoin is now generally accepted and regarded as the "king coin" in the crypto ecosystem. It is an ecosystem by means of which enthusiasts and investors; more commonly known as "HODLERS" can conveniently store and transact the various electronic currencies, whose transactions employ the use of the blockchain in their respective wallets.
A primitive concept of the blockchain ecosystem is that, so long as you are in total access and control to the set of alpha-numeric characters (known as a private key) connecting your wallet to the blockchain, and you ensure that no other third party, however, has any atom of access to this security, then, you are a rightful owner of an uncompromising assets of electronic currencies. The issue of private key protection becomes, therefore, an "issue of the day"!
Unfortunately, in the total absence and ignorance of the workable functionality and technology of security and privacy that the ECOMI ecosystem provides, as it stands in this present times, it appears, however, that no such thing as a "rightful owner" of any sort of cryptos exists! This is due to the vehement activities of untraceable hacking by a few very astute and nefarious crypto community members.
As a matter of direction, the ECOMI ecosystem draws specificity of functions along three important areas. Real world crypto payments and a user-friendly portal of crypto-collectibles, apart from the previously mentioned issue of private key protection, are the other two areas of concentrations altogether solving the major problems underlying the world of electronic currencies.
With the advent of electronic currencies and the belief in and adoption of this monetary civilization by so many people, the crypto currency world now worth more and even more every year with hundreds of millions of both active and passive participants in the industry, giving it a wide recognition among peoples of several ethnicities located on both hemispheres across the globe.
It is only natural for active investors to want to tap into the "sea of coins" being presented on a regular basis by several developers with the utmost aim of making out profits from them.
While many crypto investors have made it a common practice to read a complicated well constructed piece of of long writing that may be said to be a business plan, commonly known as a "white paper" in the crypto currency world, many crypto projects still end up disappointing the investors because they fail to realize that the backbone of every good ICO project is a combination of these three factors: Good business proposition, tangible market traction and the use of a ready product.
In other to improve the functionalities of the first generation of secure wallets, the ECOMI One, as a 2nd generation secure wallet integrates a possibility of a peer-to-peer (P2P) exchange of digital assets model of economics, in which users are able to interact and transact directly on the platform without a need for a third party. Also, the platform aims to offer lower costs of transaction, faster payment time, with no international payment boundaries.