Investment Evolution Coin (IECX)
IECX is a token on the Stellar network created and owned by Investment Evolution Corporation to solve the current problems faced by consumers when making international payments and sending or receiving money across borders.
IECX is used as the settlement mechanism for all transactions on IE Transfer, with each transaction fee of 0.00001 XLM equivalent to a fraction of a cent per transaction, a significant reduction from traditional payment systems.
Investment Evolution Corporation has chosen to cover these transaction costs rather than passing them on to the consumer, being one of the first companies in the world to provide free international transfers via its IE Transfer platform
See the Stellar page for more details about IEC assets.
IECX settles payments in 2-4 seconds in 1000+ node environment
IECX can handle 3000 concurrent transactions (transactions per second) and 100+ million transactions a day.