Dec 19 2017
BANKEX As A Future Platform For Better Asset Markets
The problem with the asset market usually begins with liquidity. The problem has always been an unavoidable problem in traditional asset markets. Therefore, a decentralized system is needed to create a new standard that addresses various issues related to liquidity in the asset market. The decentralized system should also be pursuing an innovation for the realization of an asset market with a high degree of accuracy.
The platform builds to make a decentralized capital market. The BANKEX platform also creates the Internet of Assets (IoA) based on Bank-as-a-Service (BaaS) principles and is supported by the Internet of Thing (IoT) technology and Artificial Intelligence (AI). As a new standard, the protocol is open to third-party Fintech providers and all of the previous financial institutions.
As a platform that seeks to become an organization that brings together financial market members to build a community, BANKEX implements the Proof-of-Asset Protocol that can benefit from the use of shared assets. PoA can solve the problem of assets that can not be understood by traditional liquidity. PoA, in essence, is a combination of BaaS and blockchain technology in the system to help the development of better transactions.
BANKEX ecosystems are created to produce Fintech and Tokenizing products on financial assets. PoA can be applied for approval of BANKEX foundation in Smart Assets. PoA offers a kind of solution like an instant audit of an asset. With the PoA, every investor will be aware of the status of the invested in each company and non-public assets. Indirectly the application of the PoA system will demand the market to change regarding lawyers, accountants, auditors, banks, and collectors.
In the end, each system is built just to facilitate users and increase the benefits that may be obtained by everyone. Increasing the amount of information on commercial operations is a new opportunity for the development of the AI economy. The growing knowledge of technology will make all facilities established at the lowest possible cost. All parties work competitively to achieve economic value for the benefit of modern society.
BANKEX as a Decentralized Modernized Financial Markets
One business model that enables the development of a new financial system is BaaS. That is because Baas has integrated with existing technology following the law and jurisdiction. The Fintech company also wants to launch a new product that is expanding into new markets. The inventor of BaaS was initially the front store, which built access to end clients such as banks, Fintech companies, internet platforms, stock exchanges and insurance companies.
BaaS can retain clients since the beginning of its development as it provides cutting-edge technology for clients. Besides, the products offered are also very competitive in the market and still maintain the best technology. Fintech is a company in the market with a role to lend solutions to preserve and monetize clients.
The working model applied is the client end model that is considered most beneficial for BaaS. The BaaS platform is an integrated window where corporate clients and retailers can choose and receive the full range of services offered by all types of banks. Besides, clients can also accept all offers related to technology from different countries.
BANKEX is the right platform to maintain the status of a critical element of a monetary economy in the world. Fintech and IT companies must always complement each other in a mutually beneficial way to keep the system running and growing. By complement, each other will enable the emergence of innovation system of new technology making it easier for every user.
Using Microservice and Blockchain Architecture
One of the network modules that can ward off crime attacks is microservice architecture. This architecture can run independently. The approach used is the application structure which will be broken down into several smaller independent internal components. The use of microservice design has several advantages.
Autonomous ownership may vary from each microservice and the ugliness contained in an application. The application micro-component can be developed and tested in autonomous decentralization. Using microservice helps scalability that can be improved. The scalability in question is an independent scale of the other components and the on-demand range.
The supports continuous delivery and distribution of micro components. Users have proven that the use of monologic architecture is more comfortable in implementation, control, and deployment. Microservice crimes require more careful management as they are guided by different servers and use the API. Such an architecture will make it complicated for applications to develop.
Ethereal blockade service uses blockchain architecture. That network is a network that uses the concept of micro-services. The advantages of the system are the advantages and reservations because each job node is autonomous. Besides, service discovery for automatic configuration on network topology. Network capability is extended through other types of micro usage.
The BANKEX liquidity protocol is a series of smart contracts that have been updated. But intelligent contract renewal remains on the link between API calls. The development of BANKEX follows the traditional microservice architecture concepts with Oracle system creation. The established protocols are strictly designed by the principles of micro-services. In this case, the developer calls the contract created as
Blockchain’s Service Architecture. Blockchain services are used in system development because they can automate the transaction chain, increase reliability, transparency of transactions, and remove any form of inefficiency. The blockchain is one of the technologies used in the platform because it can reduce the risk of human error. That will make your business faster and cost less. Blockchain architecture services can build the platform in the best possible way.
The Roadmap Of Development BANKEX
As a renewable system that provides many advantages and conveniences, BANKEX has been developed since 2009. Through a long project trip, BANKEX is ready to be present in the world community as a platform that offers various advantages for the asset market. Its presence has been awaited by the people marked by the many investors who contribute to ICO. At Pre-ICO only funds have reached $ 1.5M. Here is the roadmap for the BANKEX project.
The development of BANKEX began in 2009 when Igor Khmel understood the financial world that will continue to experience global change. To contribute to the economic society and studying finance, he entered Stanford University.
In 2010, Igor Khmel successfully apprenticed at the investment group, Citadel. The team was the most successful funding groups, with most of all the employees knowing the programming language. A main compiling in the perspective of financial market perspective and opportunities is when meeting with Draper Team in 2012 and Bancor’s future advisor. Finally, in 2012 Igor Khmel convinced Herman Gref as the lead of the bank that has highest profit in Europe to make the Innovation of lab Sberbank, led by Igor.
Then Igor Khmel met with Ilham Hatypov and Dmitry Dolgov in 2015 and emerged a deal to establish the BANKEX business as a development of the previous Fintech innovation laboratory. In 2016 BANKEX Fintech Lab started the operations every day and began building a blockchain development department, befriending Sasha Ivanov. In this year the BANKEX group also succeeded in winning the hackathon blockchain that organizes the financial group Life.SREDA, have created some solution to a p2p trading agreement based on Telegram delegates, can get some transactions with Etherum blocks. BANKEX initiated technical interaction with the team from Chrono Bank.
BANKEX and Microsoft agreed to sign a partnership on the development of blockchain technology. Developers receive the sponsorship from Microsoft Azure funds of $ 120000 in February 2017. BANKEX gets the status of the Securities Advisory Adviser. In this year, BANKEX also is a platform with Bank-as-a-Service and join with more than six banks. Furthermore, strategic partnerships are formed with the exchange of M-Deposit.
In July 2017, BANKEX released the PBX token use Ethereum blockchain. Pre Token Sale is proceeds of more than $ 1 500 000. Now, BANKEX has released the demo version with a Proof-of-Assets Protocol, which offers the source of new capital to real assets on the FinTech Platform that signifies solutions for businesses.In this year BANKEX labs managed to achieve profit from the first product. Ecosystem Protocol Evidence BANKEX benefits with Fintech FinDelivery and KYC Smart Asset subsidiaries.
In the year 2018 is planned to reach KYBAN BANKEX Adapters and Commercial Implementation of the first Plasma Light. The platform needs to get some partnerships with banks to have the preparation of the token sales for fintech community. In 2019, the BANKEX Co-investment crypto fund for ISAO. Licensing from banking and any other part to support for banking services in leading countries is also planned to be obtained by 2019. After all the process has passed, the two-way financial bridge on crypto & fiat will begin to be available by 2020.
Using a very mature and purposeful concept, BANKEX is coming soon as an asset market platform that is ready to benefit every user in the ecosystem. Using a combination of various renewable technologies makes BANKEX fast-growing and readily accepted by people around the world. BANKEX will soon release with the mission of adding liquidity to assets with the blockchain platform and multifunctional smart contracts.
Official Link To BANKEX:
- Ann Thread: https://bitcointalk.org/index.php?topic=2013627.0
- Website: https://bankex.com/en/
- White Paper: https://bankex.com/en/whitepaper
Social Media:
- Twitter: https://twitter.com/BankExProtocol
- Facebook: https://web.facebook.com/BankExchange/
- Telegram: https://t.me/bankex
Dec 25 2017
The Development of Crypterium as Cryptobanking for The Future Digital Payment
The enhancement of technology brings the innovation in each part of life. Every development, technology is designed to pamper people by simplifying every activity that should be completed by humans. One of the innovations that are overgrowing is the shift of cash payments into digital payments. The volume of transactions with digital payments continues to experience year-end warnings. That encourages the emergence of platform innovation to simplify and improve transaction security.
Payment solutions have begun to be developed without contact. Hosts that have provided this service include Google Pay, Ali Pay, and Apple Pay. Other solutions offered are mobile approaching methods such as NFC and QR codes. Cryptocurrency becomes one of the systems with a relatively rapid development. Similarly, the crypto economy is expected to grow to a value exceeding three trillion dollars.
Cryptobank is a solution launched by Crypterium in digital transaction troubleshooting. Cryptobank is engaged in services to provide the overall, benefits of cryptocurrency. The advantages of the crypto bank are low transaction cost, high transaction speed and guaranteed level of security. Crypto users have reached three million people.
The crypto banking app will be launched for iOS-based smartphones, windows, and Android. Unlike conventional banks that require cards to transact, the crypto bank needs only your smartphone. Currency used crypto-based and fiat with instant process engine. Later each user can make fiat-based payments without having to have transactions in advance.
The crypto banking platform has been under development since 2012. The bank’s crypto application is planned to be used in the first quarter of 2018. The token payment pre is commenced for Crypterium development. The initial CPRT token payment will reach 210 million tokens. The specified value is 0.0001 Bitcoin for one CPRT token. Token sales will begin in late October 2017 and will last for 75 days.
You may visit the official websites and social media of Crypterium to have the further information about the platform.
The official link to Crypterium:
Social Media:
The Crypterium Token (CRPT) As The Power Of Decentralization
Any transaction that occurs in crypterium will use CRPT as a sign of agreement. Each token holder is recommended to use a CPRT token in performing daily activities. Therefore there will be no agreement without using CPRT. In the future, CPRT will be used in cryptocurrency exchanges.
The rules in the platform are that everyone using the facilities in Cryptobank must use CRPT as payment. CRPT can also be used to form a reserve of funds that can be used for the future. With the concept of cryptocurrency applied to the Crypterium platform, each transaction is transparent.
The running system has been integrated with every transaction that happened. That will make every transaction can be completed very quickly. The algorithm applied in the Crypterium platform allows each member to exchange, purchase, and sell cryptocurrency with precise and accurate conversion calculations.
Until now the use of banking services enjoyed by the users has specific tariffs to be paid. Within the Crypterium ecosystem, the volume of transactions created will create a high loyalty that allows for the awarding of specific rewards. Developers will highly appreciate platform use loyalty. Tokens owned by holders are expected to increase over time. The addition of a token value has several benefits for token-holders.
Offering all the advantages that meet the need for platform innovation that supports digital transactions will make crypto banking a much-awaited presence. Therefore, every prospective user who wants to enjoy every facility will undoubtedly contribute to ICO token sales. The contribution is needed so that development can be implemented until the launch of the application.
The Crypterium ICO Token Sale for Developing The Platform
The ICO event is addressed to potential users of the Cryptobank platform. The purchase of a CRPT token can also be performed on this sales event. The use of CRPT tokens will follow the standard Ehterum market with intelligent token contracts. The CRPT token has an indefinite period established within the blockchain.
The European Union is an institution that houses Crypterium. Its headquarters are located in Estonia. Applicable European regulations can ensure absolute accountability and total transparency of any activity occurring within the Crypterium ecosystem. The launch of the company report also did not escape the supervision.
Estonia was chosen because it has a high-profit rate for the development of an innovation platform. Based on data Bitcoin.com, Estonia also included into the country that was ranked first. Estonia is a country that actively supports the development of cryptocurrency. This opinion is reinforced by the establishment of Bitcoin-ATM in Estonia.
The user activity of the CRPT token holder can be awarded by the developer with the availability of various benefits that can be used. The number of rewards earned can be calculated based on how much activity and ownership of each user’s token in the ecosystem. CRPT purchase does not have the same nature of stock ownership or the like so that most token owners have no particular influence in policy-making within the Crypterium ecosystem.
Token distribution is done by direct means. Payments made by participants in the ICO period. Payment token probably not be separated from the terms and conditions imposed in the sale of tokens. ICObox supports the development of Crypterium platform. To improve security, developers work with blockchain. Token distribution in pre-sales will be used as a cost source by using CRPT token.
The provisions on token sales have also been described on the official website of Crypterium. You can even read whitepaper from this platform. To see updates from token sales and distribution developments, it’s easier if you follow the official social media of this platform. Knowing well about the project that you will support will be the essential thing.
The Token Distribution with Bounty Structure
After assigning the value of one CRPT equivalent to 0.0001 BTC then the next step is to know how the token will be distributed in the development of the platform. Distribution will be done with 9% division for team founders, 3% for advisors, 3% for Bounty campaign, 15% for the reserve fund and 70% for contributors.
Contributors are intended to distribute the number of ICOs to the entire community. The reserve fund is expected to finance loyalty purpose and marketing. ICO management and platform founders also got a share of the token contribution. Other than that the partner adviser is also entitled to get funds from grants. The marketing campaign team also has the right to receive awards.
The focus of Crypterium is to create rapid adoption products. Efficient mass scale transfer will help reward CRPT holders. The token purchase can be made during the ICO event period which will last until January 25, 2018. The transfer method can be done with BTC, LTC, and ETH. However, specific tokens purchases will be discontinued within ten days before the end of the token sale.
The main thing that became the key to the success of the ICO event was marketing. This section is critical because it is responsible for introducing Cryptobank and all the facilities available to all potential communities. CRPT tokens allocated to marketing have also been determined from the beginning of the ICO assignment.
Determination of the allocation of funds from the beginning can be seen on the whitepaper that has been prepared by the developer. The whitepaper is intended so that every potential investor can know the concept of the system offered. Descriptions of the ICO census have also been established complete with the distribution of funds. The roadmap of the project development along with the development team will also be described in the whitepaper. Clarity of the content of whitepapers to be one of the determinants of the project will be taken into account by investors to participate in token sales events.
Token Sales Event, Dec 25
The problems that arise in the practice of digital transactions must be addressed. Crypterium comes by offering solutions that are becoming a revolution from traditional banking to digital banking. The concept provided can be integrated with all technologies including smartphones. All the conveniences for life are one of the goals of developing an innovation platform. As a potential user, you can now participate in token sales events as a form of support and approval for the establishment of this platform.
By admin • Business Tips and Ideas, Finance • • Tags: blockchain, crypterium, cryptobank, technology, token, token sale