EDRA

 “EDRA KOREA Blockchain Security Technology Ensures Both Convenience and Security”

EDRA KOREA, Triple Verification System enhances Security

- Verification by each stage guarantees the transaction’s transparency and firm security

- EDRA’s Paper Wallet with EDRA KOREA Security Technology provided for free next month

- USIM Cold Wallet having convenient storage and security in development

<EDRA’s Paper Wallet planned to be provided for free next month by EDRA KOREA >

With the consecutive hacking of domestic and foreign major cryptocurrency exchanges such as BitThumb, concerns about cryptocurrency security have increased, and the TRIPLE VERIFICATION developed by EDRA KOREA, a block chain based IT Firm, has been gaining attention.

 

EDRA KOREA has developed the world's first Triple Verification System and has completed filing for a patent. A ‘Confirm’ is a series of processes that the block validation procedure specified by the coin goes through to generate a block in the cases of cryptocurrency mining, currency trading, and storing money in a wallet. EDRA KOREA has developed a Triple Verification System by enhancing a common block verification procedure. EDRA's technology permits approval only for blocks that match all information in the wallet, transaction and block. All relevant blocks are distributed and stored in a validated manner, ensuring transaction transparency and building a robust security system that cannot be hacked or cracked.

 

In addition to the cold wallet, ‘EDRA exclusive Paper Wallet’ will be introduced and distributed to EDRA Wallet users for free next month due to the consecutive exchange hackings that occurs in the internet connected Hot Wallet.

 

'EDRA’s exclusive Paper Wallet' is a wallet optimized for the EDRA platform based on mobile devices for all activities such as mining, currency exchange, and transactions. With the addition of strong security technology to the existing Cold Wallet, we have provided a way for users to safely manage their cryptocurrency and asset whenever and wherever. It has been designed to prevent hacking through multiple verification tests, and related security technology development and patent filing procedures have been completed.

 

EDRA KOREA’s Blockchain Technology Research Center Director Suk-hun Lim said, "Most people are not free from hacking because they have coins in their exchange wallets." He added that, “EDRA KOREA will provide the world’s first ‘EDRA Paper Wallet’ for free next month, which is different from the existing e-wallet that needs payment every time it is used. This will allow EDRA Wallet users to safely use cryptocurrency and goes along with EDRA’s business moto of providing a free of charge phone usage.

 

EDRA KOREA is known as a block-chain platform developing firm that builds a stable and pure blockchain ecosystem based on mobile devices. For the first time in Korea, mining through mobile devices has been devised so that “Entertainment” activities such as watching movies, listening to music and playing games in EDRA apps will be connected to a form of mining. The blockchain based IT firm has great expectations from investors and users because the mined coins will be valued as a real economy currency through cutting down phone charges and payments in affiliated stores.

 

Meanwhile, EDRA KOREA is in the process of developing an USIM Cold Wallet that has the convenience of easily storing a private key and security through its independent Triple Verification Method. This is a technology to embed a Cold Wallet in the SIM card of a mobile phone. In addition to using the SIM card as a cryptocurrency wallet, it can also store private key information and use it to connect to other devices via Bluetooth. It is also safe from the risk of hacking, and you can prevent accidental loss or theft of your private key password.

 

[EDRA KOREA ]

 

○ CEO Jungyu Kwak

○ Date Established: March 2018

○ Company Address: 30, Hakdong-ro 11-gil, Gangnam-gu, Seoul, Republic of Korea

○ Company Website: http://edra.io/

○ Main Business: Crypto Currency and Block Chain related business / Database / Online Information Services