Smart City Eco?
the first problem which can be noticed in the cryptocurrency space today is the problem which can also be seen in any deregulated market which is the problem of unreliability.This had led to people making mistakes with their endeavors in the crypto world. Being that cryptocurrencies are relatively new with not much information available, people who are not tech savvy and who do not have the required tech sophistication to play in the crypto sphere also do lose their money and easily fall prey to scam.
Another problem, also, is the lack of a general marketplace where people can easily spend their tokens. People who hold cryptocurrencies will need to convert them to fiat currency before they can be able to spend it.
People who hold any cryptocurrency also have to go through the challenge of very high transaction fees which are charged by exchanges to convert fiat money to any cryptocurrency such as Bitcoin.
The problem of insecurity is also very real with reported cases of hacking and huge loss of funds.
Solutions to the Problems as Proposed by Smart City Eco
To deal with these challenges which have been identified within the cryptocurrency sphere, Smart City Eco is building a one-stop shop online economy where users can enjoy all the benefits available in the real world with fiat money with their cryptocurrency.The idea is to build a smart city where everything is economically possible including work and employment. The benefit to be derived includes high-speed transactions.
The Smart City Eco Roadmap
The journey for the Smart City Eco project started in the first quarter of 2018 with the creation of the idea and the organization of the project.The project roadmap is expected to come to a climax in the first quarter of 2020 with the release of the beta platform.
The Smart City Eco Token
Smart City Eco has developed a utility token using the blockchain waves platform. The symbol of the Smart City Eco token is SCE. The SCE token has a total issued token of 10,000,000,000 SCE tokens at a price of $0.01 (U.S. dollar) per token.The Smart City Eco Team
The Smart City Eco team is made up of seasoned experts and professionals. The team is led by Slobodan Culum who is the idea creator and CEO. Other team members include the CTO Sasa Dobo and the COO Aleksandar Vucenic. The team is proposed to expand after the Initial Coin Offering (ICO).Website : https://www.smartcityeco.com/
Whitepapper: https://docs.wixstatic.com /ugd/b46aa3_6876d3662e7a4dc6b0732a2d190e0c38.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=2942080.0
Telegram: https://t.me/smartcityecoico
Facebook: https://www.facebook.com/smartcityeco
Twitter: https://twitter.com/SmartCityEco
Medium: https://medium.com/@smartcityeco
Author Bitcointalk : alucard69
Blockchain is the latest technological game changer to enter the
picture, and many are predicting that distributed ledgers could have
profound effects on the way that insurance companies are able to
operate. One important issue that blockchain technology seems tailor
made to address is the underlying principle of ‘utmost good faith’ in
insurance contracts.This principle states that every party entering into
an insurance contract has a legal obligation to act with a standard of
“honesty greater than that usually required in most commercial
contracts”. This means that the insurer is required to trust that they
are being told the truth by the person looking to take out insurance.
This differs from other contracts, which are usually based on the
principle of ‘let the buyer beware’, or the idea that the buyer assumes
the risk that the product may fail to meet their expectations.
