Jeffhardy: Erecoin - is a symbiosis of Additive Manufacturing and Blockchain.

About the ERECOIN Project

ERECOIN is an alchemy of additive production chains. It combines the opportunities created by technical development with Blockchain technology and builds processes that will benefit both parties.

Because of the opportunities created by the application of Blockchain technology, the contribution of production of real objects will be free from technical constraints. Thus, designing and producing complex objects in the future will be as easy as producing color printing at home.

Individuals or companies can design, modify, and produce their products using the ERECOIN platform wherever they are in geography.

Additive Manufacturing

Additive manufacturing, commonly referred to as 3D manufacturing or additive manufacturing, is becoming increasingly important in the industry. In particular in prototype construction, in components with a high degree of individualization or components with a complicated geometry, these production methods are used. But also in the production of end products, the extent to which additive manufacturing is used is growing.

Challenges

In the growing market for additive manufacturing, many different types of work will work together in future to solve constructive challenges. And the data exchange of finished print data between designers, contract manufacturers and users - in different countries and across national borders.

The Idea

By using blockchain technology, the error platform will simplify and secure the data transfer of 3D related data. The files can be exchanged via secure and protected transactions, using erecoin tokens. Smart Contracts safeguard parties are involved in the 3D printing process and bring transparency and a scalable compensation method into the megatrend market additive manufacturing.

THE PERFORMANCE OF ERECOIN

• The digitization of functional elements in mechanical engineering is made available to a wide range of users by
using the erecoin system.

• Ethical and legal issues are resolved by the use of smart contracts, without withholding information.

• The transfer and ownership of the generated 3D data is simplified by using the erecoin system.

INITIALIZATION OF ERECOIN SYSTEMATICS

The first step is registration of the cryptotoken erecoin. It is based on Ethereum. Ethereum, as a cryptocurrency, is a distributed system in
the fields of financial technology that enable the creation, management, and implementation of decentralized programs or smart contracts
in its own blockchain. It, therefore, represents an alternative to the classic client-server architecture.

Ethereum uses internal crypto-currency Ether (shortened: ETH), which is processed by participating computers, as a means of payment
for transaction processing. Ether is the crypto-currency with the second largest market cap after Bitcoin, as of October 2018. Eerecoin will
use ERE as its method for transaction processing.

The next step will be to design a platform that will take all existing transaction specificities of Manufacturing and related
communications issues into account. To increase the operational efficiency of platforms, applications for smartphones and tablets are
planned. They should take the projects into account, provide real-time information and prepare for the expected
widespread usage of additive applications.

The opportunity platforms transaction scheme primarily involves data exchange in product development areas and digital design trade methods
3D models or 3D services. With the help of smart contracts, the order is initiated in the overall system and data or services are compiled.

Government requirements, in particular taxes, will be deducted and regulated in the transaction. This process allows global
networking of Additive Manufacturing taking intergovernmental agreements and national requirements into accounts.

Users can choose their preferred payment method. The transactions for the payment process will be opened and the amount is first debited

the buyer and seller after a successful transaction.

Token.

ERECOIN tokens, (ERE) are based on the Ethereum base. ETH is used when processing. In the process inside the platform, ERE tokens are used. The Erecoin platform customer has the opportunity to purchase Erecoin tokens, (ERE) during the ICO phase. ERECOIN tokens, (ERE) increase their value when used in services in the system.