Our team have developed our block chain to make transactions on a digital, distributed ledger containing information otherwise known as a “chain” of “blocks”. Ledgers containing transaction information on EPC are stored on every computer that logs onto the network, and the user may access the transaction history when they wish, unlike transactions on a traditional centralised ledger which is usually validated and stored by a bank.
Our cryptocurrency is not controlled by any organisation nor any individual. No central authority controls the EPC ledgers, and users have access to them at any given time. In regard to EPC, rules and regulations are already defined, not to mention the currency system itself it open source. This means our users have control over the currency and there is no governing body in charge of it, as the currency manages itself.