Elastos (ELA)

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Description

Elastos (ELA) is a cryptocurrency that was founded in 2017 with an aim to provide a secure and efficient platform for digital assets and dApps (Decentralized Applications). The company was founded by Rong Chen, a former Senior Software Engineer at Microsoft. Elastos is based on the blockchain technology and uses the Internet as its network infrastructure. The blockchain is used to store the digital identity and digital assets of the user. What makes Elastos unique is its focus on security and privacy. Elastos integrates public key infrastructure (PKI) and digital signatures with blockchain technology to ensure the safety of users’ data and assets. Elastos also has its own Virtual Machine (VM). The virtual machine enables users to write and run smart contracts and Distributed Applications (DApps) on the Elastos platform. Elastos is used for the development and deployment of decentralized applications, digital asset management, and digital currency transactions. It is also used to protect users' digital identities and store digital assets securely. Elastos is traded on various cryptocurrency exchanges such as Binance, Huobi, OKex and others. You can also buy and sell Elastos crypto coins on cryptocurrency exchanges like Coinbase and BitMEX. To sum it up, Elastos is a unique cryptocurrency that aims to provide a secure and efficient platform for digital assets and dApps. With the blockchain technology and its own Virtual Machine, Elastos provides users with a safe and secure environment to protect digital identities and assets. The tokens can be bought and sold on various cryptocurrency exchanges.