Skip to main content

BlockchainTech Demystified. Powered By ExtraCredit.io

Through the worldwide acceptance of crypto currencies such as Bitcoin and Ethereum, blockchain technology has gained immense popularity globally. Although the awareness of most people about block chain technology is limited to crypto currency, it has countless application in a number of industries.It is reported that blockchain engineers at the moment earn $64,000 to $149,000, annually. This relevance of the blockchain technology is hinged on three areas of interest- Confidentiality, decentralization and Security.
Some of the industries that benefit from the potentials of blockchain technology are;
• The banking industry
• Cybersecurity
• Election management
• Supply chain management
• Logistics and the Internet of Things (IoT)
• Public archival

However,blockchain technology firms are having a challenge- extremely limited number of qualified personnel. Firms such as Deloitte and KMPG are having a hard time getting personnel to man their platforms.
Statistics have it that only 20,000 blockchain experts are available. It even gets worse as more companies are adopting blockchain technology and are in search of experts in the field to develop and maintain it.Developing and third world countries the worst hit because, they can really benefit from blockchain technology, but then, the shortage of man power is a serious set-back. It is a worldwide shortage.
Evidently, there is need to train people in this field, but there is, apparently no colleges or institutions where people can receive the training, which is yet due to the shortage. Furthermore, with the evolution and continuous advancement in blockchain technology, those who are already in the field still need to build on their knowledge on a continuous basis.
The need to solve this problem and pave way for blockchain technology to continuously thrive induced the birth of ExtraCredit. https://extracredit.io/
ExtraCredit is a platform that seeks to solve the problem of lack of personnel in the blockchainindustry by providing a platform where students of all ages can start learning about blockchain technology, either in the area of business-based blockchain or blockchain engineering.
It is an already working platform with a mission to provide a learning portal for people with varying levels of experience in the crypto industry using ‘ExtraCredit’ and ‘BitcoinHomework’. The BitcoinHomework is a hub for sharing ideas in addition to learning about the many aspects of crypto currencies. See more details about ExtraCredit and its offers in the white paper on https://extracredit.io/PDF-Files/Extra-Credit-WP.pdf
There will be an Initial Coin Offering(ICO) for the ‘XTRA’ Token, which is an ERC-20 based Token. A total of 600 million Tokens will be issued. The Token sale price will be USD 0.10 per XTRA. The Token distribution is shown below.



EXT 1.png



The Pre-ICO will begin on 1st January, 2018 and end on 1st February, 2018. 100 million Tokens will be made available for the Pre-sale, and the minimum purchase requirement will be 25,000 Tokens (or USD 2,500) with 20% bonus.
The Main ICO will kick off after the Pre-ICO with a total of 300 million Tokens available for sale. Minimum purchase requirement for the Main sale will be 500 Tokens (or USD 50). . This concept is will help solve the problem of lack of knowledge on Blockchain Technology. Why not be part of it as you invest in the crowdfunding exercise and have a massive Return On your investment. You can also follow ExtraCredit on

Authored By:
 https://bitcointalk.org/index.php?action=profile;u=1011357

Comments

Post a Comment

Popular posts from this blog

HELEX TOKEN DETAILS

On this occasion I will try to explain how it is called HELEX TOKEN we start from the introduction and understanding of the token helex. 1. Token Helex is a crypto we have built to use as a payment method for all the services we offer. It’s built into the ethereum blockade, a secure and decentralized platform that allows payments between users worldwide. 2. The Helex Token will be added to the exchange in Q2 2018, where all users can buy and exchange, we will also add additional benefits to founders, diamond and gold investors holding their tokens, below we detail all the information from our token. Here are the details of the helex token we use.  Technical details - Token Name: Helex - Token Symbol: HLX - Decimal: 1 - Total Supply: 5 million units - Supply Style: deflation - Contract address: 0x9A00D6564945681018619Fc8957C798c2Bc7C9Fc While the designation or function of the token itself can be used in various transactions of which are as follows.  HELEX T...
Post a Comment
Read more

Global REIT - Investing in real estate on Blockchain

Introduction The real estate market has always been and will always be in demand. One of the important components of the economy is real estate as it includes the most valuable and significant objects. Real estate investment is always considered a good investment. That is, acquiring property becomes an asset to the family for generations, which is undoubtedly worth to invest money into. The real estate objects are materially implemented, significant in size and value, most of which are related to the land and are effected by it. The project Global REIT intends to create a unified decentralized investment company for the entire real estate market. Project Information Global REIT- is a platform that is based on Blockchain technology and that invented the first investment base offering an access to investors to the real estate market on a global scale. A list of various world-class assets will be at the disposal of the project. The platform aims to continuously improve its ...
Post a Comment
Read more

ARCHICOIN

ArchiCoin  is a distributed storage that uses stable cryptography. Instead of centralized servers, the file system is formed by an unlimited number of servers on the Internet. Anyone can provide their disk space to participate in an integrated data storage system. ArchiCoin  stores all data in encrypted form. Access to user files is manifested via private key. No one but the owner can get access to the information downloaded on the network.  ArchiCoin  makes it possible to store, exchange, or monetize structured data safely.  ArchiCoin  is scalable and ready for large data. When you upload a file to the  ArchiCoin  network  , it is divided into sections, these sections are encrypted and sent to a bunch of peers. Nothing stores the entire file, even in encrypted form. The data storage method has obvious advantages compared to storing data on a local server. Servers with data can be hacked,...
Post a Comment
Read more