It seems clear that this year 2019 is the year of the maturation of the projects. The market is incorporating new proposals, and only the most innovative ones will remain in the long term. In Ecom, they know it, and for that reason, they bring us their most novel proposals that are in full development.
Ecom e-wallet as the central core
When we talk about the mobile wallet of Ecom, we do not talk about a simple wallet. We are talking about the center of an ecosystem. We are talking about the first stop for a whole family of services focused on the user.
The Ecom wallet is the primary tool for managing the EcomToken token (ECK), as well as the leading cryptocurrencies. With this wallet, you can make online payments, transfers between users, and advance a little more in the evolution towards the “cashless” society that is approaching. Always focused on innovation, safety, and satisfaction of user needs. They are even developing the payment by NFC.
What are the main features of the wallet?
- Apart from the basic functionalities that we can expect from a wallet today, we have new and powerful features.
- Send and receive the ECK token and the leading cryptocurrencies (Bitcoin, Ethereum, USDT, BNB, LTC, etc …).
- Make payments with an Internet connection or NFC.
- Added security layer to prevent hacking and theft of coins stored in the mobile wallet.
- Receive daily interest for the coins deposited in our wallet. Before the banks paid you for having money in the account, that’s how it always has been, and that’s the way it should be; What Ecom proposes is to return to that point where the user receives his fair compensation for being part of a system in which they all win. Interest will be charged in the form of an ECK token.
- INTERCONNECTION WITH THE FOLLOWING ITEMS IN DEVELOPMENT: this is the most critical part, which we will detail below.
As we said, the wallet is the central node of the ecosystem that Ecom is building. All the features that we have already mentioned are joined by the large future projects that will be interconnected with the wallet.
On the one hand, this wallet will be linked to a bank card, which can be used for payments and as an offline coin store. For its development, it is working with several banks already established in the market.
On the other hand, we have a large innovative project that we will talk about later: the fitness band connected as its ledger and connected to the wallet.
What is the EcomGym Ledger?
Outside the world of cryptocurrencies there have been two great revolutions, on the one hand, drones, and on the other hand the so-called “wearables,” electronic devices to be carried. Well, Ecom proposes to unite the concept of “wearable” and the idea of cryptocurrencies.
We join those “fitband” bracelets that most of us already use with the unstoppable evolution of cryptocurrencies, and we obtain the EcomGym Leder. This bracelet is an improved “fitband” that includes a ledger inside. For those who do not know, a ledger is a hardware device that allows safe and impossible to steal all kinds of cryptocurrencies (the best-known wallet hardware on the market are Ledger and Trezor).
What can we do with the EcomGym Ledger?
First, we have the most basic application of a ledger, which is cryptocurrency storage with the advantage that it is a safe device and practically impossible to steal. Also, the bracelet will be interconnected with the wallet to make movements with the funds of the bracelet. We will have a payment device integrated into our wrist, and we will only have to configure it to pay with a single gesture.
We will also have the primary applications of a “fitband” such as the measurement of heart rate, calories burned, distance walked, and steps are taken (pedometer), all connected by Bluetooth to our mobile. These measurements are essential because depending on the token we select, these measurements will be the ones that help us to mine the tokens that we will then use for payments and transfers.
But this is not the only thing; the bracelet will be able to work with all the applications of GYM Base and GYM rewards. We are talking about introducing a new concept of mining, while underlying digital currencies such as bitcoin work with a test of work (PoW), the bracelet will work with the original idea of the exercise test (PoE). In this way, we will be mining various types of coins when we exercise or interconnect with applications that will give us rewards when we perform specific exercises or challenges that the application proposes.
For example, we can exercise and work hard to accumulate tokens on our bracelet, to finally use them to pay for a concert, and also pay for it with the bracelet itself without the need to print any ticket or anything. Incredible.
And precisely linked to what we talk about music comes another of the characteristics that will offer us in the sum of wallet + band: the “Ecom Records.”
Ecom Records are a new way of spreading music and promoting new artists. Through the EcomTokens of our wallet (or our bracelet linked to our wallet), we will be able to access the streaming of music content on our devices. Once again, the innovation of the blockchain technology helping to empower the creators, eliminating intermediaries and resellers.
Given all the novelties that await us in the ecosystem Ecom, it seems a good idea to follow carefully the evolution of this complex project, which offers us real and tangible solutions to improve our lives and place ourselves at the forefront of innovation in health and means of payment.