The Infinity Economics Platform states to be a community project since its inception, as the decision-making power rests with all community members. The platform uses Elliptic Curve Cryptography (ECC) and SHA256 hashing algorithms to provide a balance between security and performance.
At the end of March Infinity Economics has published core update with a roadmap, according to which the Escrow Service will be implemented approximately on April 28, 2018 so as of block 685.560. The Escrow Service enables secure payments by retaining the buyer’s coins until the terms of the sale are met and the buyer releases the payment to the seller. In most cases that should eliminate disputes, and no further measures by third parties would be required.
Infinity Economics Roadmap
Moreover, Infinity Economics plans to launch Smart Contracs by May 5 respectively at the time of block 695.640 release. Smart contracts will automatically fulfil the conditions of a contract according to a predetermined procedure (if-then-else-logic), and they will be deployed on the Infinity Economics blockchain, having the potential to enable use of the Internet of things to the mass market.
At the moment of press, these are main market parameters of Infinity Economics:
Average price: $0,012691
24h volume: $164 046