Connect with us

Hi, what are you looking for?

Press Release

ECOCHAIN: The Next Generation of Blockchain Technology

BANGKOK, THAILAND / ACCESSWIRE / July 10, 2020 / The ECOC Oracle System Creates and Promises One of the Best High-performance and Decentralized Platform of the Blockchain Network.

Due to the exponential growth and success of ECOChain in delivering as promised, the public chain company has not just gained the full support of the Thailand government but is now the largest blockchain company in Thailand. Since its inception and launch in 2017, the ECOChain community continues to grow. It has expanded to a dozen countries, including Thailand, Korea, Vietnam, Japan, China, Philippines, Indonesia, Russia, and the United States.

The third-generation high-performance public chain is designed and equipped with valuable features that are predicted to disrupt the inefficient and outdated services in the crypto-industry. The ECOC Oracle System is a significant leap forward in the blockchain technology application.

With a sole aim to boost the use of Oracle in the blockchain ecosystem, ECOC also finalised about the mechanism which incentivizes rational oracle, to be honest, may solve the oracle problem onchain, which help everything to be settled on the first layer i.e. ECOC. This research will help the blockchain community to adopt the usage of oracles during DApps implementation.

The ECOC said to have a consensus mechanism for oracles to guard the change of the internal state of the smart contract. The idea is to have blockchain as the first layer to make sure data is accurate, then granting permission on the smart contract.

The dedication of the ECOC team and advisors is reflected on how successful the public chain company has grown, achieving each milestone as it goes. From the launching of ECOC itself, the company has been able to solve the industry’s high transaction processing speed requirements (560 TPS). Solved the problems of data storage and application, including issues related to sharing, forging, source traceability, and high costs.

ECOC has anchored the cross-chain feature of smart contracts, and also solved the high storage requirements of application scenarios (block size is 4MB), built convenient tools for application development in the technical field (Turing completeness), and achieved high output (TpS).

Based on its Bitcoin and Ethereum, ECOC is said to adopt the PoS consensus algorithm, adhering to the most basic decentralized spirit of the blockchain. This decentralization allows for greater flexibility, a trustless/full permissionless system, and a lowered risk of systemic failure.

Advertisement. Scroll to continue reading.
join yolo

“ECOchain is a fast, and eco-friendly permissionless public chain that is truly decentralized. The chain has a short block creation time (32 seconds) and also offers high on-chain transactions per second (560 TpS). For smart contracts, ECOchain runs Ethereum Virtual Machines (EVM), making easy the development as solidity is a well-known language by blockchain developers.”

As mentioned above, the ECOC has powerful performance and has proven to solve several application scenarios. The third-generation high-performance public chain has reached multiple achievements in the field of application and is looking to make even more advancements in the world of cryptocurrency.

Looking to set the pace in the financial market and blockchain industry at large, ECOC guarantees a more transparent and secure platform. By integrating blockchain and alleviating the problem of information asymmetry, information is more user-controlled and tightly secure.

Having issued 2 billion ECOC coins and over 80 million in circulation, ECOChain has established itself as one of the leaders in the cross-chain industry.

For more information or inquiry about ECOChain, please visit

Media Contact:

Contact Person: Natthaya

Email: [email protected]

Phone Number: (+66)-02-101-9973

Advertisement. Scroll to continue reading.
join yolo

Company Address: 2991/36 Soi Ladprao 101/3, Ladprao Road Bangkapi District

Bangkok, ZIP: 10240


Social Media:

View source version on

Written By

Viral & Trending

You Might Also Like


Speaking about the real estate market is more than interesting in today’s society. In the world of so much diversity, we must focus on...


Md Hazrat Ali known as Hazrat Ali Rajib is a Bangladeshi Digital Marketing Specialist. He is the owner and chief executive officer of HydroJob,...


There are few millionaires who came from nothing and Kustas Kirsipuu is one of them. This self-made man proved himself while going through a...

Social Media

Meet Bonnie Locket—a professionally trained dancer who is shaking her way to the top on Social Media. Social media has created a generation of...

Advertisement join yolo

Copyright © 2020 Yolo Daily - The #1 Digital Magazine For Millennial News & Culture - A part of the Disrupt Magazine family of online podcasts & publications.