What is EROSCOIN?
Decentralized payment gateways work by acting as an uninterrupted way to convert and send currency. The sender and the recipient have the opportunity to transact with any currency preferred. As expected, at the midpoint and end of the transaction, fiat and cryptocurrencies are involved. So for example, if I decide to send Bitcoin, the recipient can choose to withdraw it in their local currency, say dollars.
AIM
EROS Blockchain (EROS) is committed to developing payment solutions for different blockchain industries of all cryptocurrencies. It uses value transfer protocols to achieve peer to peer transfer payments and to build decentralized application platforms, bringing blockchain technology to the global payments industry, eCommerce industry, financial services, Internet of Things, supply chain management, social media, gaming, technology information, HR systems, product management and other industries. Innovative technologies, governance structures and comprehensive board applications provide an advantage for EROS over Bitcoin and Ethereum as public blockchain.
The Foundation will provide transparency for payment management, financial management, code management and business practices for merchants, and will maintain honesty standards, ethical business conduct and compliance with laws, regulations and regulations applicable to users. An accounting firm has been involved to provide audited financial statements and compliance management.
EROS Team Vision
EROS Foundation is committed to developing a fully qualified & professional global blockchain community by working with other blockchain communities, third party services, developers and companies. The purpose of EROS Foundation is to innovate the experience of using virtual currency in real life. Finally brought it to the business of finance, business, product management, gaming, payment and internet industry. The EROS Foundation is a compatible ecosystem to develop, enhance and bridge real-world applications into blockchain.
Thus, EROS wants to provide additional facilities then the provider of payment systems that exist today. In addition, EROS has planned to provide real-time solutions for merchants & customers. The integration of all new blockchain-based technologies and future currencies is our goal to develop the EROS ecosystem.
Technical Development
As part of open source innovation, the EROS Foundation can finally provide a secure, reliable and compatible platform to the open source community. Our highly skilled development team has the ability to improve the payment ecosystem with more reliability.
Business development
The EROS Foundation will reference the banking investment practices to conduct industry analysis and selection and select the appropriate industry to implement EROS Coin in the business. Companies that use blockchain EROS will be able to develop more applications to achieve sustainable development of EROS Coin. In the future, the EROS foundation will provide solutions to Enterprise business partners to reduce transaction costs and gain more business development with the EROS foundation.
Decentralized Financial Services
EROS will provide transparency in financial management, code management and business practices, and will maintain honesty standards, ethical business conduct and compliance with applicable laws, regulations and regulations.
Advantages of Cryptocurrency
The exchange of cryptocurrencies takes place through a blockchain ecosystem based on a decentralized platform. The cryptocurrencies system is based on the concept of node that transfers occur from one node to another nodes thus eliminating third parties and maintaining anonymity and transparency of transactions.
This is just one of the few advantages of a cryptocurrency exchange system. Some of the key benefits are listed below.
Decentralized platform: the concept is based on a decentralized platform that uses blockchain technology that joins together to manage the database of all transactions that occur. Thus, through a decentralized system, we can calculate all transactions and transparency maintained.
There is no risk of theft: because the concept of blockchain is heavily encrypted through a technique called cryptography, tracing the path of transactions becomes almost impossible. Therefore, there is full anonymity and no risk or theft threat. Therefore this system does not play with people's trust.
Transactions are easy and fast: transactions take place from client to client and thus only a matter of seconds.
There is no third party involvement and therefore very low or no transaction fees. Often regular payment gateways or online payments make transactions via third parties and charge high transaction fees. But that's the way with the cryptococcal system.
You can have your own hanging crypto wallet and you can use it anytime and anywhere for any kind of payment very easily. Thus your own bank and geographical barriers are not a problem anymore.
Features EROSCOIN
For everyday use, Eros Coin offers two features: EROSPAY Wallet and Eros Micro-payment.
EROSPAY wallet is a mobile application built on open source chain and public block and comply with all principles of ERC20. It's compatible for Android and iOS devices. Features that include peer-to-peer communication, In-chat instant payment, and one-touch payment. With an easy-to-use interface, this app has great potential for mass adoption. In addition, Wallet EROSPAY provides secure backup phrase protection and remote accessibility. Eros micro payments are a feature in Wallet that is unlike anything else, making it easy to send small amounts of money.
Eros Pay wallet is easy to use and is made for smoother money transactions. It also offers one-step access options while having an integrated two-factor authentication system.
As for the use of e-commerce, Eros Coin has a tailored service specifically for this sector to enable daily exchange. Resellers will benefit from services like the Merchant panel as well as payment and invoice management. Most definitely, the feature in EROSCOIN provides an invoice tool first to vendors to bill clients, send direct invoices and check the status of their invoices.
ICO Structure
Funds raised during ICO will be used solely for the development of the EROSCOIN network. The following distribution of funds is preliminary and may be subject to change.
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