Ethconnect – ICO

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How does Ethconnect (ECH) work?

Just like Ethereum, we will focus on developing a blockchain era bank, which can be the place to store financial services, corresponding to the current communications of banks. Money can be sent to anywhere at whenever and in wherever in a few seconds if you want. Transfer money by Ethconnect (ECH) can only be implemented with smartphones and devices such as computers with an internet connection.

All transactions we have made can be seen, but we do not know who the owner of Ethconnect (ECH) is if the owner does not disclose it. Every user of Ethconnnect (ECH) can choose his/her nickname to sign up, but even if the user wants to keep his/her confidentiality, all his/her transactions are still recorded and can be monitored via blockchain.

The transfer fee may be reduced gradually until it is discharged, but in order to speed up the transaction, you can set a higher fee in the Ethconnect (ECH) wallet if any amount of money needed sending to anywhere.

You can transfer Ethconnect (ECH) to anywhere in the world as long as it is connected to the internet.

What is the value of Ethconnect (ECH)?

Ethconnect (ECH) will release only 31 million coins worldwide, which is similar to an economic system based on deflation and with increasing supply of currency, the Ethconnect (ECH) trends increase while demand is high and the amount of coins still does not increase. This will help eliminate the ratio of bad debt partners. For this purpose, Ethconnect (ECH) has sought to collaborate with many banks to perform remittance on a variety of conditions without the need for an intermediary between countries.

For businesses, Ethconnect (ECH) will improve cash flow by extending financials to handle payment processes for future payments based on cash flow history and expected payments.

For the individual, Ethconnect (ECH) will solve the problem which the customer’s saving does not keep up the inflation by creating an account helping automatically correct in line with the inflation.

What is Ethconnect (ECH)?

Ethconnect (ECH) is a self-managing financial system with P2P transaction based on open source platform.

Connection Value of Ethconnect (ECH):

Ethconnect (ECH) is an electronic currency. This currency is like the Dollar, but it exists only in the digital world. This concept may be similar to Ethereum, and it is not different from Ethereum because it is based on Ethereum platform.

 

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Dropshipping Shocks: Will Bitcoin Be Welcomed By eBay?

Dropshipping Wholesalers on eBay have traditionally relied on PayPal to deal with payment transactions, and the program has so far worked really effectively for these involved. However the expanding reputation of Bitcoin has the potential to impact e-commerce and disrupt eBay-owned PayPal – and it appears that eBay itself is starting to do one thing about it.

 

Dropshipping Wholesalers on eBay have traditionally relied on PayPal to deal with payment transactions, and the program has so far worked really effectively for these involved. However the expanding reputation of Bitcoin has the potential to impact e-commerce and disrupt eBay-owned PayPal – and it appears that eBay itself is starting to do one thing about it.

What Is Bit-coin?

Bitcoin is basically a digital currency in a relatively young stage of development. “Bitcoin” with a capital “B” is the network operating the tech behind the digital income, as “bitcoin” with a “b” refers to the currency itself.

What Are The Main Usage Of Bit-coin?

It is expanding in reputation thanks to the convenience and potential earnings gained from prospectors looking to cash in on the volatile costs changes. One of the most essential factors for its expanding reputation is its ability to keep away from transaction costs that traditional credit card or web payment solutions heft upon the purchaser and/or seller. Exchanging foreign currencies can also be a lot simpler and cost-effective when converting bitcoins than going by way of traditional currency exchanges. This can be massively helpful for private label shipping companies that deal with clients around the world – as long as these clients have net access to utilize their bit-coins.

Where Does eBay Come In The Picture?

eBay has constantly been a haven for retail and dropshipping firms that rely on e-commerce to get by. It has traditionally relied on PayPal to deal with payments for numerous goods, from footwear and shirts to watches and digital cameras, but it is quickly realizing that the increasing reputation of bitcoins is not something to ignore. It has hence filed a patent with the US Patent and Trademark Office named “System And Method For Managing Transactions In A Digital Marketplace.” Lines in the patent is worded in such a way that it gives the company the ability to convert digital currency into traditional currency – explicitly mentioning bitcoins along with Facebook credits and other types of currency. Simply place, eBay is looking to directly convert bitcoins (or at least an equivalent digital currency) into traditional currency.

What Does This Mean For Drop-shipping?

Typically good news. Bitcoins are becoming adopted by more and more people – particularly the tech-savvy ones that are quite probably to pay for their goods employing digital currency. Wholesale enterprises can reach out to a wider purchaser base by widening the payment methods involved. The way bitcoins are used – making disposable addresses that confirm the authenticity of the bitcoins – also make the transaction procedure substantially faster and simpler for all parties involved. Obtaining eBay quickly convert bitcoins to currency can also safeguard wholesale vendors from the value fluctuations of bitcoins. This preserves the value of the acquirement and permits trusted dropshipping to accept bitcoins without having to be concerned about the value abruptly dropping down simply because of the jitter nature of Bit-coin exchange markets.

A word of caution

Bitcoins may be a handy approach of payment but they are not a reliable tool for dropshipping companies to keep their wealth. If you are a dropshipper that keeps are prepared to monitor the fluctuating value points of bitcoins, then you can hold the bitcoins and convert them when they are most lucrative. If you would rather safeguard your assets and favor to conduct business defensively, then it is very best that you convert these bitcoins as quickly as you get confirmation of the payment.

All this assuming, of courseFree Reprint Articles, that eBay pushes through with its move to accept and convert bit-coins!

Article Tags: Digital Currency

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