What is Enjin?
They build a product ecosystem that will help humanity create advanced virtual economies through the power of blockchain technology.
We’re on a quest to create better ways to use blockchain.The Enjin Platform allows developers, businesses, and individuals to create fungible assets (like cryptocurrencies) and unique NFTs. Every asset minted with the Enjin Platform contains Enjin Coin, which gives them tangible, real-world value. Over 2.1 billion Enjin-powered blockchain assets have already been created by companies such as Microsoft, Binance, CoinMarketCap, and CoinGecko. Enjin’s unique “melt” feature also allows users to destroy their blockchain assets at any time to get back the ENJ value from within them.
What is CRDT and CRDTpay?
CRDT is part of CRDTPay as a unique, end-to-end payments technology solution that functions as a proprietary payments network, analogous to operating one’s own Visa network or Mastercard network where one controls the following:
1, Who is allowed to join the payment network as a Merchant, and at what cost (if any) 2, Who is allowed to join the payment network as a Customer, and at what cost (if any) 3, Who can download the payments application 4, What assets will be supported in the payment network 4a. Fiat (i.e. Euro, US dollars, British pounds, etc.)4b. Cryptocurrency (i.e. customized coins like CRDT, Bitcoin, Ethereum, etc.) 4c. Third-party payment cards issued by banks or others (Visa, Mastercard, etc.) 5. The fee for processing transactions between Buyers (Customers) and Merchants (Sellers) 5a. Will the fee be payable in USD or CRDT or another asset? 5b. Will the fee be uniform or variable? (i.e. charge more for crypto?) 6. Issuance of payment credentials (i.e. customized payment cards)
Why Enjin?
Over 40 game developers and enterprises are using the Enjin Platform to issue NFTs, including Microsoft, Minecraft servers, and games for PlayStation, PC, iOS, and Android. Enjin’s tech is also being harnessed by companies like BMW and Samsung. As the number of projects and companies adopting Enjin increases, more ENJ will be locked in blockchain assets, thereby removing it from the market and increasing its scarcity.
The Enjin Wallet is a secure, feature-packed, and convenient cryptocurrency and blockchain asset wallet built for traders, developers, and gamers. It supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB), Dogecoin, and ERC-20 tokens, as well as ERC-721 and ERC-1155 blockchain assets. It’s extremely simple to use and contains advanced features such as Dapp Browser, QR code airdrops and Cryptocurrency Exchanges. It’s the most secure mobile wallet we’ve tested with a two-layer security encryption and secure keyboard.
Adding CRDT on the ENJIN wallet will enable CRDT to serve the gaming market where CRDT can grow as a unique first crypto banking solution. We feel strongly that users will also be able to use our CRDT Pay digital payments and digital banking systems in the future.
CRDTpayis a reliable system of digital finance that enables users to make transactions internationally. CRDTpay is coming soon with a complete banking solution for you!
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
