Ethereum Cloud Technology, referred to as: ETY, is a new generation of smart contract platform (public chain) initiated by American CFA (world-renowned financial analyst) Costello LongmanIsrael based on Ethereum ERC20. The team members come from different countries. The main body of the association is registered in Israel. The emergence of Ether Cloud is to better realize the value of the blockchain application and serve more people with the principle of adhering to the concept of decentralization.

Project Value

Scarcity: ETY is a scarce asset. It is estimated that the total amount will be 1 billion tokens, and the maximum number of tokens that can enter the circulation market will reach 1 billion. This is an explicit design element of the Ethereum Cloud Technology Protocol
.
Divisibility: Digital currencies represent some of the most divisible forms of payment in the world. The smallest possible unit of ETY "micro" means 0.00000000000000001 of a single token. ETY can be displayed to 18 decimal places, creating a five-digit unit in each.
Portability:ETYs can cross borders electronically and clear almost instantly, making them an alternative to Bitcoin and more portable than precious metals or fiat currencies.
Fungibility: One unit of ETY represents the same exact value as another unit of the same size.
Verifiability: ETY is the only cryptographic token verifiable in real-time from anywhere in the world on the Ethereum Cloud Technology blockchain.
Identifiability: ETY has gained wider acceptance as a transactional token with perceived utility, with tens of thousands of transactions currently occurring daily. Additionally, the underlying protocol of a digital currency must have additional properties that allow its tokens to have a store of value.
Decentralization: Ethereum Cloud technology operates as a decentralized network. In principle, a decentralized network is more secure and stable than a centralized or centrally controlled network because there is no single point of failure. Internet protocols such as email and HTTP are widely used examples of decentralized networks.
Immutable: Ethereum Cloud technology maintains an immutable global blockchain, preventing any possibility of fraud, censorship or unfair interference by any participant.
Adaptability: The open-source nature of the Ethereum Cloud technology protocol allows for continuous adaptation and improvement. Adaptability is critical to the future viability of any technology.

Project Opportunities

While many investors already view Bitcoin as digital gold, we view it as digital silver or platinum. Our reason is twofold. First, just as silver and platinum have store of value properties and general industrial applications in the real economy, we see ETY as an asset with store of value properties and broad industrial applications in the digital economy. Second, just as investing in silver and platinum, in addition to gold, can diversify a precious metals allocation, we believe investing in a select portfolio of digital currencies, including ETYs, can yield similar returns with increased risk
adjusted return.

We therefore assess the investment opportunity of ETY as a store of value asset through a market share framework based on our observations of the precious metals market. According to BlackRock, as of December 30, 2016, approximately $72 billion was invested in physically-backed gold exchange-traded products (ETPs), $9 billion was invested in silver ETPs, and $3 billion was invested in other precious metals ETPs, This category is mainly composed of platinum. Judging by the share of various precious metals in the physical store of value market, we believe that ETY can have a considerable share of the digital store of value market.

If the market cap of ETY grows to the relative size of platinum versus gold (0.0004%), then a token could be worth more than $0.0009, close to 8.4 times the market price on May 11, 2019. Furthermore, if the market cap of ETY assumes the same relative size of silver and gold (0.004%), then a token could be worth approximately $0.009, 84 times higher than the market price on May 11, 2019.

Application scenario

Union QuickPass
Cloud QuickPass is an Ether Cloud APP, a mobile transaction settlement tool for digital currency receipts and payments. It can realize more convenient and secure income and expenditure.

Cloud computing
Cloud computing (cloud computing) is a kind of distributed computing, which refers to decomposing a huge data computing processing program into countless small programs through the Ethernet cloud network. Then, these applets are processed and analyzed by a system composed of multiple servers to get the results and return them to the user. In the early days of cloud computing, simply put, it was simple distributed computing, solving task distribution, and merging calculation results. Therefore, cloud computing is also called grid computing. Through this technology, the processing of tens of thousands of data can be completed in a very short period of time (a few seconds), so as to achieve powerful network services.

Cloud storage
Cloud storage is a mode of online online storage (English: Cloud storage), that is, data is stored on an Ethernet cloud virtual server instead of a dedicated server. Hosting companies operate large-scale data centers, and those who need data storage and hosting can meet their data storage needs by purchasing or leasing storage space from them. According to the needs of customers, data center operators prepare storage virtualized resources at the back end and provide them in the form of storage resource pools (storage pool), and customers can use this storage resource pool to store files or objects by themselves. In fact, these resources may be distributed across numerous server hosts.

Cloud finance
Cloud finance refers to financial products, information, services, users, various institutions, and financial clouds based on the business model of Ethernet cloud computing The general name of service platform, cloud platform is conducive to improving the ability of financial institutions to quickly discover and solve problems, improve overall work efficiency, improve processes, and reduce operating costs. Technically speaking, cloud finance is to use the cloud computer system model to disperse the data centers and clients of financial institutions to the cloud, so as to achieve the purpose of improving its own system computing power and data processing capacity, improving customer experience evaluation, and reducing operating costs. .

Cloud Education
Cloud Computing Education (abbreviated as CCEDU) refers to the education platform service based on the application of Ethernet cloud computing business model. On the cloud platform, all educational institutions, training institutions, enrollment service agencies, publicity agencies, industry associations, management agencies, industry media, legal structures, etc. are centralized and integrated into a resource pool. Each resource displays and interacts with each other and communicates on demand , Reach the intention, thereby reducing the cost of education and improving efficiency.

Cloud media
Cloud communication is a mechanism for people to transmit and share information under the environment of Ethernet cloud computing. In the cloud computing environment, human information dissemination is based on the "Internet Cloud" interwoven with the Internet and the mobile Internet. Among them, the essence of cloud communication is the flow of information on the "Internet Cloud". As a new type of information dissemination mode, cloud communication has the basic characteristics of network communication, and has revolutionary characteristics such as mobility, location, ubiquity, real-time and big data.

*The above content is organized by YouToCoin official. If reprinted, please indicate the source.