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1. In EON, every user becomes a part of the network and raises his own peer instance.
2. Following this vision, we set the goal to create a global decentralized ecosystem of products and services that combines the convenience of traditional finances with the advantages and powers of cryptocurrencies.
3. In the architecture of EON technology, there is a large potential for scalability.
4. We know that decentralized and traditional centralized finances can exist together, level out disadvantages and complement the advantages of both approaches.

It features 600 ways to convert crypto and fiat at the best fixed rates; crypto acquiring for merchants; a blockchain messenger with built-in crypto purchases and transfers; and near-zero in-app fees. The platform uses the proprietary EON blockchain and will become fully decentralized by 2023. To gain independence from third-party developers, Exscudo is built the EON network. This technology allows Exscudo to handle transactions between the Exscudo Stock exchange and international banks, as well as cryptocurrency wallet users and fiat accounts holders. Exscudo is the new gateway between the traditional financial system and the cryptocurrency market.

types of blockchain-projects on EON

Since 2017 Exscudo works on a financial ecosystem of products and services based on the proprietary technology platform for developers. Accounting core and clearing processing are based on the secure blockchain. Exscudo is a multi-currency payment ecosystem exscudo coin with a $250M transaction volume in 2021.

It consists of an elaborated but easy-to use Stock exchange, Fintap — an app that unites the functions of a messenger and a wallet – as well as merchant solutions, trading terminals, and bank cards. This allows users of different levels to cooperate easily with each other. Copper coins were issued in denominations of +1⁄2, 1, 2+1⁄2 and 5 céntimos; silver coins of 10, 20 and 40 céntimos, 1 and 2 escudos; and gold coins of 2, 4 and 10 escudos. The 1 escudo was introduced in 1864, followed by the other silver and gold coins in 1865 and the copper coins in 1866.

Silver escudo

All information, that could potentially lead to the fast growth of the blockchain remains outside of the system on third party services. In EON, every user becomes a part of the network and raises his own peer instance. Many advantages of decentralized blockchain communities have been discovered through the study of Bitcoin. EON is not only a technology used to solve the problem of safety of the interactions of external services and the exchange. Blockchain has the maximum transparency, in which every user can rely on.

We see that the emergence of Central Bank Digital Currencies (CBDC) in many countries proves the advantages of digital assets and the disadvantages of existing fiat money. We know that decentralized and traditional centralized finances can exist together, level out disadvantages and complement the advantages of both approaches. Crypto exchange platforms ease the trading of cryptocurrencies for other assets such as fiat and digital currencies. Afterwards, Exscudo’s marketing activity and exchange listing efforts will be focused on $FTP. At the same time, we understand our responsibility to the community of EON holders, who have been waiting for four years to see the project come to fruition.

Blockchain and Cryptocurrency Updates

You need an account in order to star coins, keep track of your portfolio, set up alerts, vote on coins as well as use all the other advanced features. Regulation continues to be a hot-button issue as far as cryptocurrencies are concerned. This week, Patrick McHenry, a Republican member of the House of Representatives, introduced the Clarity for Digital Tokens Act of 2021. Crypto lending is a fairly new practice that appeals to many investors for its relatively simple procedures and attractive returns. Some crypto lending sites allow investors to earn annual percentage returns (APR) at rates as high… In order to provide security for the EON technology, the NaCl library is used.

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The escudo was either of two distinct Spanish currency denominations. For a global and decentralized product ecosystem designed for business and governments. CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News.