Etherbanking - Change your mind on banking
EtherBanking Coin is an open source, peer-to-peer, community driven decentralized cryptocurrency that allow people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest. This means anyone holding EtherBanking Coin in their wallet will receive high and stable interest on their balance, as a compensation and a motivation for them to make their investments. Gaining interest in a free-inflation world would always ensure real profit for investors.
EtherBanking was created as the stable fork of Ethereum by a worldwide team of passionate developers for the EtherBanking Foundation nonprofit organization.
With an ambition to be the very first banking system in the world which has no branch, no staff, belongs to no Government, but still can fulfill all functions of a traditional bank and serve people in the most convenient way ever, Etherbanking team desires to bring E-Smartcontract™ idea closer and more popular to the daily life of human race.
Smart contract was first mentioned 20 years ago by Nick Szabo, but it has just become realistic recently thank to the launch of Ethereum. The concept of smart contracts is about to revolutionize industries that rely on traditional legal agreements. But the issue is to create it, customers need subjects of contract, digital signatures, contract terms and decentralized platforms, all of which were digitally written in programming languages like Solidity (commonly used for Ethereum smart contracts), Serpent, LLL (based on Lisp – Low-Level Lisp-like language), Java, Go, C++ and Python. It is a complicated process for people who do not have much knowledge on programming and make them unwilling to use the technology.
The Etherbanking team has had awareness of all this problems and built the exclusive E-Smartcontact™ technology to make the process as simple as possible and can be used easily by anyone. Etherbanking has developed a tool on smart devices where all customers have to do is to put “Stick” marks on few available simple options (among thousands of available options) to make their own contracts. After signed, your contract will be coded in programming languages and recorded on Blockchain system. This ensures the contract not to be modified or affected by anyone else, and its implementation is extremely accurate, transparent and completely automatic.
No programming is required, no coder is hired, no extra fee is paid.
The long term goal of Etherbanking is to shape up the world's very first blockchain-based banking system because Blockchain is the core technology behind cryptocurrencies and is a peer-to-peer distributed network. It’s much faster, more efficient and less prone to error process than the traditional automatic clearinghouse (ACH) banking, which can save money and time for banks and make payments almost instantaneous for consumers. In addition to that, the blockchain’s decentralized nature makes it much more difficult for criminals to carry out frauds.
With E-Smartcontract™ technology, Etherbanking will become the world's very first banking system which has neither branch/outlet location nor staff. E-Smartcontract™ technology which connects borrowers with investors through our online marketplace, help you to save your money, make an investment or borrow a personal loan in a frictionless, transparent and highly efficient digital way.
We are working hard for the revolution of banking system. Together we will make it happen.
- Coin Algorithm Scrypt (PoW/PoS)
- Coin Abbreviation : EBC
- Maximum Coin Supply : 33 Million
- Total PoS Coin: 20 Million
- Total PoW Block : 4 Million
- First Block Supply: 32 Million
- PoW Block Reward : 0.00001 EBC
- Block Spacing : 5 minutes
