Egon Docs
  • Summary
  • DOCUMENTATION
    • Learn about the EgonCoin Platform
      • EgonCoin Overview: vision, strategy and platform components
      • The EgonCoin Blockchain
        • Discovering the Network
        • EgonCoin Consensus
        • Elevation through Staking with Validators
        • Ethereum (EVM) Compatibility and Smart Contracts
      • EgonCoin Token (EGON)
        • EGON Tokenomics
      • Interoperability
      • EgonCoin Governance and Development
        • EgonCoin Assembly
        • EgonCoin Elevated Proposals (EEPs)
    • EgonCoin for Business
    • Things you can do on EgonCoin
      • Interacting with the EgonCoin Blockchain
      • EgonCoin Ecosystem
      • Community
      • Grants and Bounties
    • EgonCoin Mobile Infrastructure Use Cases
  • Developers
    • Network Details
      • EgonCoin Testnet
      • Network Upgrades
        • Upgrade Guide (explorer nodes)
        • Block 13,800,000 Fork
        • FIP's
    • EgonCoin Consensus
      • Contracts Overview
      • Stake and Withdraw
      • Contract Addresses
    • How to run network nodes
    • Resources & Tools
      • TheGraph
      • WalletConnect on EgonCoin
    • How to become a validator
      • Getting started as a validator
  • Links
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    • LinkedIn
    • Medium
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  1. DOCUMENTATION

EgonCoin for Business

While the EgonCoin platform strives to provide crypto users with a solid range of options they expect to see on a major EVM-compatible blockchain, including wallets, decentralized finance (DeFi), NFTs, and so on, our main focus remains developing EgonCoin into alternative rails for the global payments industry. We want a future where hundreds of millions of people worldwide use crypto for their everyday needs.

However, it is our conviction that most consumers will not use the blockchain for payments directly, as crypto-savvy people do now, at least in the foreseeable future. Most people are not prepared to run their bank accounts directly on-chain and be exposed to the friction and risks involved.

Instead, applications will need to be built that will make the experience of making payments and other financial transactions as smooth and close to what users have become familiar with while using modern payment apps. These will run on top of the blockchain but they will not force users to handle private keys or pay transaction fees.

This section provides an introduction to the EgonCoin tools that businesses and other organisations can already put to use to develop just such applications.

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Last updated 1 year ago