Question 1

What is the current price of EvidenZ (BCDT)?

Accepted Answer

The current price of EvidenZ (BCDT) is LTC 0.00346806, seeing a -0.14% change in the last 24 hours. It's important to note that cryptocurrency prices are highly volatile and can change quickly.

Question 2

What is EvidenZ (BCDT)?

Accepted Answer

EvidenZ, also known as BCDT, is a unique cryptocurrency token used within the EvidenZ ecosystem. The ecosystem primarily deals with educational certifications and verification processes, aiming to disrupt traditional methods of academic and professional certification verification. BCDT serves as the utility token of the EvidenZ framework. Educational institutions can use these tokens to pay for the service of issuing certified diploma and credential data on the blockchain. Graduates and professionals, in turn, can present these credentials globally with the assurance of blockchains' permanence and verifiability.

Question 3

Who created EvidenZ?

Accepted Answer

EvidenZ (BCDT) was created by the team behind the BCDiploma project. They aimed to make a significant change in the field of academic and professional recognition by addressing the flaws of current methods of authentication and certification.

Question 4

How does EvidenZ work?

Accepted Answer

EvidenZ (BCDT) operates in the context of the BCDiploma project, with the goal of improving academic and professional recognition. The tokens are used to pay for the issuance of certified data placed on the Ethereum blockchain. Institutions can leverage this platform to issue credentials or certificates. BCDT tokens are burned in the process, theoretically leading to a decrease in the supply of tokens over time, potentially adding value to the remaining tokens.

Question 5

What makes EvidenZ unique?

Accepted Answer

EvidenZ is unique in its function as the cornerstone of a solution addressing the real-world issue of education and certification recognition. The burn system implemented every time a institution issues a certification serves as a deflationary mechanism, creating potential scarcity for the token over time, which is a unique feature compared to other cryptocurrencies.

Question 6

How much EvidenZ is currently in circulation?

Accepted Answer

The current circulating supply of EvidenZ (BCDT) is 38.5M. This number continues to decrease as more tokens are burned with every new issuance of certified data.

Question 7

Where can you buy EvidenZ (BCDT)?

Accepted Answer

EvidenZ (BCDT) can be purchased on different cryptocurrency exchanges, the current list includes: IDEX. It's important to undertake proper research and use secure and credible exchanges when purchasing or trading cryptocurrencies.

Question 8

What ensures the security of EvidenZ?

Accepted Answer

EvidenZ operates on the Ethereum blockchain which leverages the robust and well-tested security measures inherent in the network. This includes the use of cryptographic technology and a decentralized network of computers (or nodes), drastically reducing the chances of fraud, hacking, or single points of failure.

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