AARON SYSTEM- EVERYCOIN

in #crypto-news6 years ago

Financial institutions are using centralized ledger method that monopolizes and manages all financial
 information centrally. The current financial system has many financial deficiencies and faces structural problems which make financial management costs increase such as
information security, expensive hardware purchase costs, branch and personnel maintenance costs. The high financial expense that consumers pay is used to maximize the benefits of the current
financial system. As the result, it causes the widening gap between the rich and the poor in financial
services along with the decline of quality of life. 
Aaron Platform has redefined financial services and transformed its financial paradigm from a strictly
rated and exclusively centralized system in tradition to a decentralized comprehensive and scalable
system. Aaron platform aims to provide a new financial platform for people who have financially excluded in the current
financial system by combining the electronic monetary system based on the real economy with the
versatility of cryptocurrency. This is to create a new cryptocurrency's financial system by securing
the value stability of the cryptocurrency and then overcoming the constraints of the existing financing as
the currency of the real financial service.
 Aaron's goal is firstly, to create an unrestricted financial system where everyone in the world can receive the
benefits of financial services for free and secondly, to assist everyone open and use new financial accounts free of charge, where fiat currency, cryptocurrency, and digital
currency are exchanged  conveniently. To achieve this goal Aaron platform had designed a vast system that combines various factors, that allows
 everyone around the world to conduct transactions by smart consultations and manage their funds by
social connections.
THE BLOCKCHAIN TECHNOLOGY
Blockchain technology is a structure that gains the
confidence of data and services by managing data in decentralization. The blockchain technology can be the way to escape from the problems of the centralized financial
system and meet the principle of fairness in the financial business. It
also stimulates the real economy and provides more expanded service to the virtual economy.
New financial ecosystems based on blockchain can solve long-standing problems such as systemic risk,
data security, financial exclusion and fragile competition. However, despite the fact that BlockChain and Cryptocurrency users are making a lot of efforts to create a new
 ecosystem, they can't still use BlockChain or cryptocurrency in real life
 easily. This is because of two fundamental reasons namely:
1) Transmission Speed: Real-time high transmission speed is critical to use cryptocurrencies as payment means. However, it is
very inconvenient as it takes at least 10 to 30 minutes to use representative cryptocurrencies such as
Bitcoin and Ethereum for payments or for transmitting between users.
2)Transmission Fees: Transmission fee is $4 for Bitcoin and $6 for Ethereum. This can  be a big problem to make users hesitate to use.
THE SOLUTION- AARON BLOCKCHAIN TECHNOLOGY
The Aaron Platform proposes a new financial platform that combines stable coin with fluid value coin as
a way to overcome the inconvenience caused by blockchain speed and the disadvantage of the high
 variability of cryptocurrency. The Aaron Platform is made up of a combination of creative ideas and a variety of technologies to
provide the free financial account. The Aaron Platform is built with a cryptocurrency system that digitalizes real money, a Global Finance and Payment System, and a Multiplex Governance System. It actualizes new financial services that
all people can use by keeping all trading books on Multi BlockChain safely. The multi-blockchain method can offset the variability of cryptocurrency through the combination of
 flexible main blockchains, fixed value side blockchains and echo blockchains applicable to various digital
assets. Multi BlockChain technology,is a combination of MainChain EveryCoin,
SideChain TabiPay, and EcoChains.
- Mainchain- Everycoin: The Aaron MainChain is a blockchain operated by the Aaron OS, which is the backbone of the entire
system. It  consist of a SideChain index system, a token system and a DDPOS agreement protocol. EveryCoin is a token used in the MainChain for side chain-based currency and intelligent exchange. EveryCoin will create a safer and faster blockchain by using the Schnorr signature algorithm; which is the key to send and withdraw money in virtual currency. 
- Sidechain- Tabipay: The Aaron BlockChain consists of several SideChains attached to one MainChain.  It is a "branch ecosystem" that the MainChain acts as the backbone of
the system. The SideChain index system connects all the chains within the Aaron ecosystem.
The internal SideChain operated by an Aaron OS contributes to the capital environment of the Aaron
system using Aaron tokens. TabiPay is a currency created to apply the cryptocurrency to the real economy, and it is issued as a
 stable value's global electronic currency in cooperation with the central bank. It will stimulate the local
economy more and expand the boundary of the potential influence of the Aaron Platform.
-Ecochain system: The Eco-Chain System on the Aaron platform provides an ecosystem that can
utilize BlockChain not only in the generation of tokens but also in digital assets other than
cryptocurrency by evolving one step further in Ethereum technology.  The
Eco-Chain system provides services that can manage and issue digital assets easily to all of companies
 and individuals issuing digital assets based on BlockChain. It therefore, provides services that can issue and
manage digital asset management system with low cost.
With the Eco-Chain system, digital assets can be easily issued and circulated. So one will be able to realize
benefits such as secure transactions, value increases and exchange with other currencies.
Aaron platform can be used by people all over the world and make mutual
exchange possible for all fiat currencies and cryptocurrencies with its EveryCoin and TabiPay. These ideas and technologies ensures free or low financial account cost and easy to use
 with security.
FEATURES OF AARON PLATFORM
- Aaron Cryptocurrency Exchange: This is  is a global exchange market that can deal with various kinds of cryptocurrencies. Aaron Exchange offers a market based on EveryCoin and TabiPay. Aaron
 Exchange provides safe transactions using TabiPay's stable value characteristics, and at the same time, it
 offers the way to realize revenue using EveryCoin's value increase.
At Aaron Exchange, one can trade the selected ones having high potentiality among cryptocurrencies
on the Eco-chain system. The Aaron Exchange will make it possible to withdraw money in the currency of each country in the world
 along with the withdrawal of the cryptocurrency in the withdrawal transaction.
- The Aaron Wallet: The Aaron Wallet provided by the Aaron platform allows for management real accounts and
cryptocurrency wallets as well as integrate digital money. Also, it provides right to access to the
decentralized cards integrated into this account.
- Smart Contract: Aaron Smart Contract is executable script data that is usually stored in a tree structure.
All information is stored in the "key and value" format. Each key is represented by a unique address.
- DAO(Decentralized Autonomous Organization): This will create flexibility, autonomy, new value and democracy in the marketplace.The feature of the decentralized system ensures the vitality of
 the DAO system and protects people from corruption and abuse of authority. The Eco Chain system will adapt the concept of DAO for the operational development of the ecosystem.
AARON TOKEN DETAILS
The Aaron ecosystem is supported by the "EYC" token, which is a virtual asset itself represented by
Aaron Smart Contract.
Token Name: EYC
Total Token Issuance: 88,800,000,000EYC
TOKEN DISTRIBUTION
Everycoin Miners: 40%
Token Sale: 40%
Company: 9%
Team: 6%
Advisors: 3%
Bounty: 2%
For more information visit:
EveryCoin official website: https://everycoin.io