Introduction
There must be a platform suitable for penetrating the markets Additive Manufacturing technology. Erecoin is decentralized blockchain platform which is going to be a wonderful solution for this issue as it is focused on exchanging and transferring digital 3D data and services. This kind of transactions are considered to be an "ensured relied environment". The focus of the platform is on the Additive Manufacturing industry, which is developing rather quickly. It also gives solutions to a number of applications. The users of the Erecoin platform will get the opportunity to satisfy their needs with the help of applying available 3D printers and infrastructure that is reliable and safe. All this is provided for the clients with Additive Manufacturing.
The Erecoin platform is a part of a system which is flexible enough to adapt to the users` needs and it is going to work with huge data amounts, create conditions for collective transactions and categorize files. Each and every user of this platform will be able to enjoy its groundbreaking capabilities.
Blockchain and Smart Contracts
The idea of the system is to use a secure and transparent transaction in Additive Manufacturing. The most important things are the value of digital data and the product development processes digitization. The data which goes in Additive Manufacturing between individual contract partners is secured with Smart Contracts and simplified by the platforms applying Erecoin.
The application is blockchain-based so it is attractive for the users, especially, when there is the integration of artificial intelligence, input and output virtualization and information arrays (big data). By virtue of the mentioned technologies, document transactions are possible as well as solving licensing issues of 3D files
during data exchange.
Process of a transaction
The provision of agreed services, like Products or services received by the buer from the seller, is involved into the transaction. A logistic company manufactures and delivers the products in cases of a print job. When the product or service is received, the buyer is to confirm if he is satisfied with it. it is possible for the buyer to enter the dialogue with the seller through Erecoin if there are any problems with the products or data. Then the seller is to check the problem and an agreement between the seller and the buyer should take place within the transaction.
It happens that there is no reached agreement between them within a certain period of time. In this cases the the digital delivery will be deactivated and the debited amount will be refunded. In cases when the agreement takes place, the token is credited to crypto purse of the seller.
It is also to be mentioned that the Erecoin uses a fee through which the transaction provision is integrated. The fees are applied as a revenue source in order to maintain and develop the platform. The options are the following: 0.5% is charged for the Erecon platform finance if ERE is used by the buyer or the buyer must pay with a cryptocurrency - 1.5% is to be given to the developers of the platform and 0.5% to finance ERE.
Token of Erecoin
Summary
The Erecoin platform is going to provide a network of Additive Manufacturing for private users and businesses applying blockchain technology in order to protect intellectual properties and increase the customized products availability.
Erecoin has many benefits which makes it worth trying. The platform is also going to decrease entry barriers for young companies.
The value of the intellectual property in digital product data is going to be protected in an automatic and efficient way through Smart Contracts. Erecoin will reduce product piracy due to data loss and will make the process of transaction much siplier for everyone. The customer-specific products` realization is going to be reasonable with the help of the platform. Furthermore, it is possible for the customers of the platform to take part in living on demand via consuming individual design products and objects.
Check out the platform and you will see yourself how beautifully and easily it will all the problems you had to face.
Home Page: https://erecoin.io/
Whitepaper: https://drive.google.com/file/d/1Jui3YJHbG9idFoxSOYJGq42WlEOthsT4/view
Twitter: https://twitter.com/erecoin1
Facebook: https://www.facebook.com/erecoin
Telegram: https://t.me/erecoinofficial
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=5102141.0
All picture and video rights belongs to: Erecoin
Author: https://bitcointalk.org/index.php?action=profile;u=1050687
Timestamp: 12MAR19 17:00 UTC
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