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Monday, 15 July 2019

Ethereum Card - Inverse Transactions in the Blockchain with EthereumCard


The #1 Global Shopping & Trading Currency Including Escrow Services For All Stores, Merchants, Brokers and Reverse Transaction On It's Own Blockchain (Mainnet).



About Ethereum Card

Easy shopping & trading  including escrow services.
Ethereum Card - #1 Peer-to-peer cryptocurrency for global shopping & trading currency including escrow services for all stores, merchants and brokers and help to increase the day-to-day transactions as well as low transaction fee with the use of MultiDimentional contracts and reverse transaction on the blockchain technology.

Ethereum Card Token
Ethereum Card token on the blockchain is the digital, distributed, and decentralized ledger of virtual currency that's responsible for logging all transactions done from shopping mart, trading, brokers transactions and escrow services without the need for a financial intermediary, such as a bank. In other words, it's a new means of transmitting funds accross the countries.

The Ethereum Card Escrow Community

What is Ethereum Card Escrow services ?
Ethereum Card escrow services is a financial arrangement on our community where we holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in our secure escrow account which is only released when all of the terms of an agreement in a shopping mart or brokers or on stores are met as overseen by the Ethereum Card.

Reverse Transaction Enabled
Ethereum Card will be enable reverse transaction feature for MultiDimentional contract on our Mainnet on the blockchain technology.

This feature is a new transaction that replicates the original transaction, but with debit amounts shown as credit amounts and vice versa. After posting a reversal transaction on the wallet, you have two transactions (the original and the reversal), but the account balances appear as if the original transaction was never posted to your balance but reflect on your account history. A reversal transaction is automatically posted to the same account for the same amount as the original transaction. You cannot change the amount or account of a reversal transaction. However, the two parties will engage in an agreement of reversal which enable us to send confirmation to the second party wallet and automatically authorized on the blockchain.


Features

Best Features
The Ethereum Card ensure swiftness, security, transparency & proven record in finance, development, marketing of our project.

Reverse Feature
Reverse transaction feature

The ETHCD Mainnet enable users to initiate and reverse the transaction within a specific given time.

Ultra Fast
Instant Transaction

The ETHCD is swift in initiation of multiple transactions within a second on the blockchain technology.

Security
End to end security

The ETHCD ensure the end to end security on every transaction initiated on our blockchain.

Highly Scalable
Limitless Applications

The ETHCD Mainnet is effeciently designed distributed system, adding and removing nodes easily.

Escrow Services
Escrow services for the community

The ETHCD escrow services portal ensure the safety of any transaction / deal within the two parties.

Reliable & Low Cost
Low transaction fee

The ETHCD run on low transaction fee / charges for all transactions done on Mainnet.

How to reverse transactions work on the platform

The characteristic that most caught our attention works peculiarly. It is a type of transaction that generates a replica of the original transaction; however, the amounts are crossed about the first transaction in time. Simplifying it, the balance originally received becomes the sent balance. Meanwhile, the balance originally sent becomes received. This does not eliminate the first transaction, which remains on record. So, both in the chain of blocks and in the wallets resulting from the event, you will be able to observe the history of events. And the balances are readjusted.

Inverse (or revocation) transactions are automatically posted to the same account for the same amount. This makes it possible to reverse the event with a reverse transaction. This feature also prevents fraudulent attempts to generate random reverse transactions by malicious actors in the network. Thus, if one of the two parties requests that the reverse transaction be processed, the other party must confirm it so that it can be carried out.

This brings us to the first mentions, on security in centralized exchanges and adoption. Also, it is a matter of third-party wallets and other services that have suffered the scourge of irreversibly stolen funds. The proposal is exciting, and the team states that it will host this type of reverse transaction in its system. We could see in the future some unusual cases in which the stolen funds are entirely located, and the attacker decides to agree to return them.


Details Token ETHCD

Token Symbol - ETHCD
Pre Sale Start - 8 June 2019
Token Sale End - 5 August 2019
Tokens for sale - 13,000,000
Token Price - $0.09 USD
Soft cap - 2.3M ETHCD
Hard cap - 13M ETHCD
Max circulating supply - 15M ETHCD


Token Allocation


Roadmap


Team


Partners


Conclusion

Ethereum Card - Peer-to-peer cryptocurrency for global shopping & trading currency including escrow services for all stores, merchants and brokers and help to increase the day-to-day transactions as well as low transaction fee with the use of MultiDimentional contracts and reverse transaction on the blockchain technology.

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