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
- Twitter: https://twitter.com/BankExProtocol
- Facebook: https://web.facebook.com/BankExchange/
- Telegram: https://t.me/bankex
Jan 13 2018
Investment in The Rated Platform 4.6 of 5.0, Nucleus Vision’s Offering is Here
The top famous blockchain technology implementation is cryptocurrency bitcoin. A person being named Satoshi Nakamoto designed the bitcoin idea in 2008 within a distributed paper on a list of cryptography mailing. Nakamoto expected to build a noncentralized online currency which doesn’t depend upon an economic institution such as a bank. First, he should fix many problems those are how he could guarantee for a digital currency unit would not be duplicated indefinitely?; What could limit someone from a to acting pend the similar bitcoin in several times? Also, without a centralized authority, overall, how would you identify transactions as the real one?
The blockchain offered the solution. Any transaction utilizing bitcoins could become the chains part. People could perform computational sources to the system. Their mobile computers would operate on tough mathematical problems to prove transaction process, negating the requirement for a financial institution or centralized bank to run in that role. Additionally, the difficulties hardly would according to the number of computational ability in the technology. The more customers dedicated transaction power to identify transactions, the problematic the problems could become. It would save the period to verify any provided block of sales process until 10 minutes.
The question is why you should join at all? The computational ability needs electricity, that meant customers resources that charge money. Nakamoto designed that any computer (or technology of computers) served the right solution to confirm your block of transactions could accept a bitcoins award. By this way, new bitcoins operated circulation. Also, customers had couple reasons to put computers into action. This process is referred to mining.
Also, there is the thing of saving transactions real and secure from tampering. Part of the blockchain ingenious matter is that the entire transaction confirmation is, in this section, according to what has held before. After a block participates the system, it is secured through the system, with whole the computers linked to the network allow to know the neighborhood. In case someone needed to mess with the last data of transactions, they would not only change the block consisting the transaction process but also make out the blocks that led it in action to repositioning the created shared ledger. It is computationally not similar to hold, as it could need the fraudster to influence in minimum 51 % of entire processing ability in the network.
Sure it is not that easy, but it obtained worse for the would-be criminal. The blockchain system has a failsafe. In case many computers are providing up block confirmation solutions, the technology as the entire will go with all network of blockchain is the longest. More than a processor operates with the correct answer to confirm a blockchain of transactions; the confirmed blockchains are shortly limbo into one of all systems or machines has an answer for the further blockchain in the series. For that, the system optioned the most extended network of blockchains as the real one, even it becomes one of the shared records through the network.
As an example, he builds this simpler to understand. Can you imagine a block that is currently a hundred blocks long? One of could-be fake expects to waste plenty of bitcoins the next time. His real transaction is in blockchain number 60. He should alter block 60 then make blocks 61 to 100. Here, although while he is working this, the network rest keeps got along, confirming transactions also designing onto a hundred-blockchain-long network. The fake one will sustainability be behind the chain, meaning his own of the blockchain would never be noticed as legitimate. He is foiled.
Nowadays, digital commerce had boomed in the marketplace, with the developer forecasting for the total up to 1.365 $ trillion in retail sales of E-commerce just within the Asia-Pacific, and increase to 29.6 percent since 2016. Through the online sales proliferation, several experts have conjectured if brick-mortar level retail had in their death point.
Although, while it might seem that E-commerce is playing the vital role, depend on TimeTrade research that says about 85 % of consumers confirm an alternative for shopping in offline stores. For others, there are still several options about brick-mortar retail that merely cannot be changed by the serve of no-charge returns even a discounted future day delivery.
The sensation of an encouragement purchase, the visual history of being allowed to see, smell and touch products, also the ability to order a shop assistant for suggesting lead shop consumers sustain shop in the online store.
Even the biggest world online retailer, Amazon, has started brick and mortar shops around the world. What data says is that if provided the change, about 71 % of store consumers admitted they would prefer to have the transaction at an Amazon shop instead purchasing on the digital website. Although the continuing famous of an offline retail shop, orderly to take up with the developing e-commerce business, it is confirmed clear retailers require to encompass technology with their both arms.
For all retailers, something likely Internet of Things (IoT) maybe one of the digital period most substantial change. IoT allows retailers to merge the best of the offline store with works to compete any digital retailer shop. There are enormous opportunities for offline retailers who can place the position of client experience existed online into brick-mortar retail stores. Imagine that your shopping activities are gonna be completed by own suggestions, quick checkouts, virtual coupons and mobile payments.
There are many startups platform that built this omnichannel store vision to exist in real-life, and Nucleus knew to be one of the best. The basic concept of Nucleus’s IoT technology was to limit the uselessness matter that related to the brick-mortar store. Since it officially founded, Nucleus Vision hopefully could make a better business ecosystem by offering personalized experiences to the customer to while assuring their privacy.
Nucleus’s IoT system arrested and serves recently inaccessible information to brick and mortar retail through blockchain platform and their sensor technology. By providing this info, the Nucleus Vision platform comes with brilliance, assisting businesses to offer customized experiences to customers.
The vision of Nucleus is to guarantee better-level personalization for the customers. As what the CEO and founder said, Nucleus Vision designed for all shopper to make them feel special when coming to the retail store. For retailers, the platform is a delightful solution. Nucleus personalization can conduct in better expecting, and higher relationship in assume to promotional period.
Depend on what the CEO and Founder say; their retailers directly link the ION as their IoT sensor in the order they taking part in the Nucleus Vision ecosystem. There, they reach a secure and vast data transfer technology that brings them crucial insight into physical customers. According to this data, the Nucleus Vision assists retailers to gives walk-ins in the shops, develop in-store exchanges, grow regular customer cart size, even most importantly, pass customer loyalty.
Although, with this personalization, the idea comes several customer information questions in security and privacy. Fortunately, Nucleus platform uses blockchain technology to solve this issue, enabling the store customer to have full control over how their information is shared and managed. The entire order to reach a customer’s info on the blockchain platform will induce a notification right to the related customer, boosting them to give permission the transfer. Moreover, retailers will pay customers for their info, instead of links with public data. It is not only to ensures higher info integrity but also assist retailers vote and choose specific data points.
Here you must know that besides the retailer require shopper authorization to gain their info; they also should pay their nCash tokens. nCash tokens are Nucleus cryptocurrency as an info acquisition charge. Those micropayments would make in real-period on the blockchain platform to the Nucleus wallet of the customer, which could in the future be used as bonus points in all Nucleus retail shop. Laso, it could exchange for apparent currencies through the world.
Nucleus has accepted great feedback from the retail businesses until now. Nucleus Vision has been live in over ten shops in India, completed by 19 patent sensors installed among them. More than 33,000 visiting have been verified, with a right rate of over 10 % among retail customers. Those customers were delivered around 2,000 serves, and of all the offers, 75 % were compensated. It indicates Nucleus successful. These amounts more than approve the Nucleus potential in retail.
Nucleus Rate: 4.6 of 5 from icomarketdata.com.
Nucleus Vision platform has created the global first IoT powered contactless recognition technology over blockchain. Nucleus recently got 4.6 of 5 from icomarketdata.com. The result based on Nucleus Vision work shows that the platform is:
Nucleus Vision Component
The Nucleus Vision platform is created by four system layers those are
(1). Orbit blockchain
A platform, Nucleus Vision works with information flows safely among the entire parties joined. The stakeholders that come from all the world can access the relevant data.
The analytical that worked by Nucleus Vision platform is Neuron. It assists retailers to shock their customers. The analytical technology analyses the data about each buyer preferences even give suggestions.
All the agreements among all participants of the platform project are operated in this currency. nCash exists as Nucleus Vision internal cryptocurrency. The primary goals are:
Here, nCash designed a non-begun Ethereum of token ERC20, that may not be mined. Tokens in ten number were issued. There are no further spending expected.
(4). Sensor of IoN
Nucleus Vision uses IoN sensor as platform device, which records the moment in its coverage region. The sensor of IoN is sensitive to the acceleration, temperature, sound, pressure, and movements. The sensor delivers the information related to people moving into the store.
The concept of Nucleus Vision platform arose at Harvard University in 2013. After three years specifically in 2016, it was entirely developed. At that time the system is released in ten shops in India with more than 43 thousand extraordinary identifications even more than 2 thousand own recommendations, deliver to the customers.
In 2019 the main team designs to release project of Nucleus Security, that would aid in saving the individuals safe and companies assets. Beyond, in 2022 the platform is expected to operate in several regions of modern ecosystem life. There would be smart buildings run by this system. Agriculture, Health, Transportation — the entire spheres will efficiently utilize Nucleus Vision to their operations.
Nucleus Token sale is proposed to begin in the 2018 Q1. The Project will receive Ethereum as payment way and Nucleus Vision hard cap is designed 40 $ millions. So, it seems to cause the retail sphere revolution and next into other supported sectors of human life. It represents lots of advantages to the customers and undoubtedly retailers.
If you are feeling invited, please click the link below to get connected to Nucleus Vision to become a part of the integrated world.
Posted by : kurniawan05
By admin • Business Tips and Ideas, Finance • • Tags: investment, nucleus, offering, platform, rated, vision