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The “GOOGLE” of the Ethereum Blockchain – Morne Olivier – Medium

The “GOOGLE” of the Ethereum Blockchain – Morne Olivier – Medium

EnjinX when opening

EnjinX | The “GOOGLE” of the Ethereum Blockchain

20/02/2019

You are now finally in charge of your financial transactions! EnjinX “The Ethereum Blockchain Explorer” brings you the Transparency you need to stay up to date with your Blockchain transactions.

In the current Fiat world, we trust our banks to let our payment run smoothly, quickly and securely. I must be honest, I have never liked banks! As an ex-business owner in South Africa, “I have found them to be ridiculously expensive, with very little transparency and seemingly trying to hold on to transaction money for as long as possible to gain maximum interest on rollover funds.”

To get to the point “I think this is all going to change with #Blockchain and #Cryptocurrency.” With products like #EnjinX, you will be able to do just that, have proof of your transactions and be able to see it transparently with your recipients.

In a banking system you aren’t able to track your transaction and if you are transferring money from one Bank to another it can take up to 2 days. If you are doing business with the Cross Border States or Internationally the time frame can get even worse. Where is that money for two days? Think of it like this. I make a transaction to you. The Blockchain transaction makes an ID or Transaction Hash. That ID becomes visible and traceable on the Blockchain and in this Case with EnjinX the #Ethereum Blockchain. The transaction is fast, almost instant and No Bank or third party was involved for a cut in the pie.

With Blockchain Technology you are In Charge! Let’s throw in an Example. I decided to try out a small investment into a new fund the other day, 0xMultiPly.com The fund through #Kyber Network and Kyber Swap offers:

“0xMultiply allows users to trade ETH/ERC20 tokens for 0xMultiply tokens (0xWBTC/0xWETH). Every 0xMultiply holder receives direct earnings in WBTC/WETH every time that anyone else buys the token based on the amounts of tokens held.

This means that as soon as you hold 0xMultiply tokens, you are continuously accumulating “free” WBTC or WETH distributed to you on every transaction based on the amount of 0xMultiply tokens.”

Let’s find my transaction. I copy and paste my Transaction ID into the search enjin of EnjinX.

Copy and Paste Transaction ID

My transaction comes up in a second!

Transaction History

Now I will repeat myself because it is quite a big pill to swallow.

This transaction intern produced an ID on the Ethereum Blockchain. Now we take this ID and place it on the EnjinX Network and there you go, the whole history of the transaction pops up, proof that I paid them and it is set in the Blockchain forever, No paper slip to sign, receipt to keep in a box or phone call to make to the bank to ask how long the transaction will take. Blockchain Proof of Transaction! When transferring funds back to me the Blockchain remembers my Address.

Benefits and Use Cases for EnjinX:

  • No Adds, yes No Adds Ever
  • Fastest transaction search time
  • Supporting bitcoin, Ethereum, Litecoin, and 721 & 1155 collectibles.
  • EnjinX powers your Enjin Wallet

If you don’t know much about the Enjin Wallet read my article here:

Gaming | My Crypto Gateway to the World

I feel this product from Enjin.io was designed to bring transparency amongst its users as it plans to roll out on a huge undertaking in Crypto gaming with the possibility of 100″s of 1000’s of tokens crossing its path, but yet still keep its integrity by providing a gateway of visual proof to its customers.

#Blockchain & #Cryptocurrency | Take Charge Of Your Future #TCOYF by #MorneOlivier for #PassiveCryptoIncome #PCI

Important Links to know about me:

About Morne Olivier

#Disclaimer

#PassiveCryptoIncome

Medium

Twitter

Telegram for Passive Income

LinkedIn

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ONO

MurMur

Published at Wed, 20 Feb 2019 07:10:59 +0000

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