IEC - the native digital asset on IEC NET
Investment Evolution Coin (IEC) was created to solve the numerous problems faced by consumers when making international payments and sending or receiving money across borders. IEC moves money and conducts transactions around the world quickly and securely. To achieve this, we have created the IEC cryptocurrency with a high supply of coins, extremely fast transaction speeds, a highly scalable network and low transaction costs at only a fraction of a cent per transaction.
IEC settles payments in 2-4 seconds in 1000+ node environment
IEC can handle 3000 concurrent transactions (transactions per second) and 100+ million transactions a day. At 75,000 transactions per second, the network scalability exceeded the throughput of current payment networks such as Visa, in a test environment, with the implementation of SegWit.