Descrption:Ethos Universal Cryptocurrency Wallet brings it all together, and then some. We’re starting with digital assets, but we’re building a hybrid ecosystem that brings together digital and traditional assets in powerful new ways. A complete view of your financial future. Its vision is to create a people-powered new economy services company that makes the cryptocurrency market accessible and trustworthy to the average user, accelerating adoption of blockchain technology and democratizing ownership of both digital and traditional assets.
Ethos
v1
Principle and design goals
Ethos aims to create a people-powered cryptocurrency services company to demystify blockchain technology and break down traditional barriers to entry by removing obstacles for consumers and businesses that have existed for decades. Ethos’s Mission is to make the cryptocurrency market accessible and trustworthy to the average user, accelerating adoption of blockchain technology and democratizing ownership of cryptocurrencies and traditional financial assets. By allowing the average participant to easily and safely purchase cryptocurrency and other financial assets, and have an environment to learn and socialize with others, Ethos helps make the new economy easy, safe, secure and accessible to everyone. We hope to synthesize many of the needs of the new economy into a single, userfriendly ecosystem.
Technology implementation
Consensus mechanism
Accounts and transactions
Smart contract system
This is similar to an Amazon Web Services model, but even more thinly sliced to the API level, similar to how Ethereum uses Ether gas to power Smart Contracts with the added benefit of eliminating payment risk from the business and the consumer.
Cryptography
Distributed storage protocol
Cross-chain and exchange technology
Special technology
Economic model and incentive
Our vision is for Ethos to be part of a new standard for cryptocurrency services in the New Economy. There is a massive opportunity for companies to replace old economic models currently offered by institutions such as investment bankers, managers, hedge funds and even stock exchanges. Recent innovations in other sectors point to possibilities for powerful reimaginings of these structures, that harness technology to empower people to co-create new models, with new rules. As Ethos expands its services beyond Bedrock, we anticipate these changes will become increasingly inevitable for firms who don’t change and remain trapped in the old financial model. Using the legal and technical architecture that Ethos is developing, we are laying the groundwork for compliant Tokenized Funds, ICO underwriting services and even decentralized IPO exchanges within the coming years, allowing Ethos to deliver a powerful new distribution channel for new and existing financial providers of products and services.
Governance mechanism
Applications
Contributors
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Comment
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22.761565% |
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