Short description
Elephant is a multifunctional economic platform enabling users to create and maintain businesses in a new way. The project is based on cryptocurrency elCoin, a decentralized Ethereum-based digital currency.
Abstract
The elCoin functionality is similar to Facebook, providing users control of pages, including advertising-generated revenue. The system provides for the implementation of social networks protected against outside access, securities markets independent of stock exchanges, agreements that don’t require legal intervention, and other uses. Users maintain control without the cost of overhead and in a secure environment.the project’s main goal is to build the most comfortable service for both online and offline business. Other goals are:-To provide a new electronic unit of account with an intelligent algorithm of emission with inexpensive and fast transactions.-To create a transparent and secure system of accounting for assets and operations with their usage.-To ensure the liquidity of the unit of account by developing related projects such as smart contracts, payment systems and an exchange.