Initial Coin Offerings: Crypto Capitalism Of The Modern Era?

Initial Coin Offerings: Crypto Capitalism Of The Modern Era?

Let us begin by decoding the word “CRYPTO CAPITALISM”. To begin with, Capitalism can be defined as the process of making market decisions that are very private in nature. The concept of FREE MARKET is what truly characterizes CAPITALISM. The decisions made are keeping in view the competition in the free market. Commodity prices are influenced by features such as demand, supply, and also the nature of the free market.

CRYPTO-CURRENCY; A rather heavy term which might sound new to a lot of people out there. It is nothing but a modern-dayphenomenon which has become the most sought-after industries in the world today. Individuals are flocking to invest in a rather new form of digital currency whose value has grown exponentially ever since the inception of the Bitcoin in 2009. People find it very comfortable to invest in cryptocurrency as it is an unregulated form of money which will give you amazing yields in the future. Hence, it’s safe to say that we are now entering into the cryptocurrency age.

What Is Crypto-Capitalism?

Since we have defined both the terms. Let us now define “CRYPTO CAPITALISM”. What makes cryptocurrency so appealing? There is no controlling body which controls your investments. You are free to make your own investment decisions and no one else has the right to question it. You can invest your cryptocurrency in a market which is free from any sort of influence.

Initial Coin offerings are one such market. Initial Coin Offerings is the modern-day answer to start-up funding. ICO service providers offer a unique project idea to its customers. They also mine their own cryptocurrency units which they offer in exchange for other prominent cryptocurrencies like Bitcoin, Litecoin, Ethereum, etc. amongst a host of others. If a person with a stockpile of cryptocurrency units wants to invest them further. They can do so in ICO offerings. This way, start-ups can raise the necessary funding through crowdfunding where such cryptocurrency exchanges take place. It’s a very unregulated process and hence companies can resort to a lot of creative approaches to raise the money. This is the brand-new concept of Crypto Capitalism.

Why Is This Important?

A centralized regulatory body will be a huge hindrance for any investor. They will work towards taxing any investment made. This taxation will be in the form of service charges, or simply a “fee”. Apart from paying extra money, an investor will be entitled to adhere to a number ofunnecessary rules and regulations which will be introduced. In simple terms, you will have someone watching over your investments and of course, poke their noses if deemed necessary. This also brings in uncalled for instability in the market. What would this result? This would result in a flight to more traditional forms of investment such as real estate or stocks since they are more stable.

There have been cases where the governments did try to regulate the currency. When certain far east countries talked about regulating the BITCOIN, what followed suit was highly predicted. The Bitcoin saw its value fall by a staggering fifty percent. Just imagine if such regulations were global. Would you think of investing in cryptocurrency? You would potentially think twice before doing so. The entire concept would be wiped out in a matter of months.

Are ICOs The Future Of Start-up Funding?

Modern-day start-ups are depending on Blockchain technology to raise funding to execute their projects. Earlier on, they had to depend on traditional forms of financing which is a tedious task which could or could not yield returns.

Start-ups who develop applications for blockchain technology projects now have another added privilege which they are entitled to. They can generate their own crypto units which they can easily exchange for prominent cryptocurrency units. These exchanged cryptocurrencies are the driving forces behind a majority of their projects. If you are confused about what type of cryptocurrency is best suited for your investment, make use of websites ICO Token News to gain more information on the different kinds of cryptocurrencies in the market today.

  • This is a very safe method of raising funds. A company is not answerable to any venture capitalist or surrender any equity to them. It’s completely foolproof.
  • Blockchain technology also provides a ledger system for creating a database of all the transactions which take place. This information is shared with the concerned parties, without having to endure the expenses of a broker or an exchange who charge exuberant fees for their services. It’s being used by a large number of companies and many start-ups are equipping themselves with the technology to make use of the system in place.

We all know that the BITCOIN is a ledger system which records all bitcoin transactions. This system was built using Blockchain technology. Now, companies too are developing a similar system of ledgers and putting them to different uses. The crypto tokens they sell are those which are needed to gain access to these platforms.

Once you invest in an ICO service provider, you will be given ownership to a number of their crypt units. If the startup or project is a roaring success, the value of the crypto unit is expected to soar as well. This is a direct result of the rise in demand for the crypto token.

What Is The Future Of Crowdfunding Using Initial Coin Offerings?

For a company resorting to initial coin offerings in order to raise funds, this doesn’t mean that they do not use equity offerings to raise capital. However, experts stress that a company can raise almost ten times the required funding without actually giving up any control over the company or its equity.

Despite the appealing nature of the system, it’s not that it will replace the traditional venture capitalist system anytime soon. VCs offer not just finance, they offer you a host of connections, expert guidance and most of all prestige.

However, companies resorting to ICOs have taken one step towards the future.

Initial Coin Offerings: The Scope

Despite the high number of risks involved, ICOs are expected to usher in a brand-new era of start-up crowdfunding. This could be a game changer for a long time to come.

The companies who are offering coins through ICOs are developing technologies which could be very beneficial to other industries as well. They are ushering in a new era of technology which revolves around blockchain technology. Newer uses for the technology are being devised, owing to its appealing irregulated nature of working. The demand is only expected to rise and its necessary that all companies are ready for this new era of change. Regardless of its uncertain bubble-like nature, it is a risk worth taking.

Earlier on, investors had to wait many years in order to reap a profit from their investments. But in today’s era, an investor who has purchased coins through an ICO funding campaign can expect a huge profit in as little as nine months from the time of investment. These investments can be easily cashed out into real-time money.

Expect blockchain technology start-ups to be a part of every industry like health care, transportation, real estate, banking, etc. to name a few. This is the future in front of our eyes.

Some Points To Take Note Of

As this article has constantly stated that the unregulated nature of ICO offerings is a very good thing. However, it does not mean that you do not take precautionary measures before making any sort of investment. Blockchain technology is used for scams as well. There are a certain number of fraud Initial Coin Offerings which dupe people of their investments. This has to be avoided. Make sure that you follow certain precautionary measure before investment.

Some of them are as follows:

  1. Make sure you do a thorough background check on what the project is about. Scour the internet for more information on the team behind the project. This way the authenticity of the venture is clear. The more transparency the team imparts, the more trustable the ICO offering is.
  2. Make sure you read the white paper of the project before investing. This way you will understand the technicalities of the project. It will help you decide whether to invest or not.
  3. Make sure you keep all your cryptocurrency units in an online cryptocurrency wallet. Such wallets provide you with the right security features to protect your capital from any sort of theft or hack.
  4. Be patient with your investment. Do not expect an instant profit from your investment immediately. Give it some time and wait for the project to flourish. You may end up with a larger profit if you just wait for a little.



The world of finance is an ever-changing one. A world which was once ruled by stocks and equity funds is now being taken over by the cryptocurrency phenomena. It is unpredictable and no one really knows how long the bubble is going to last. For now, it’s safe to say that Crypto Currencies and Initial Coin offerings are Crypto Capitalism of the Modern Age.

Bob Application: When Contractors Meet Block-chain Technology

Bob Application: When Contractors Meet Block-chain Technology

As the number of building constructions is getting higher in recent years supported by more advanced construction technologies itself, the work of contractors has been essential. They build buildings that can be a place for people to live in, to work in, to hang out, to have fun, and many more useful uses. However, some building owners might experience great disappointment due to several problems with their hired contractors, particularly in home repairs. Customers get their money wasted, and their trust is blown away which can affect the trade industry overall. In so, the solution should be made to resolve the problem between customers and contractors. Then, the idea of decentralizing the marketplace has come up by utilizing the technology of block-chain. In order to connect the contractors and customers directly, Bob’s Repair has prepared the solution with Bob Application. Check out more about the details below.

The Current Industry Problems

Even in the skilled trade industry, they face several problems that cause adverse effects, particularly for both to customers and contractors in the end. Here are several issues that currently become the primary concern in trade industry:

  1. Review Fraud

Before hiring the contractor, customers most probably will find their records by reading several reviews.However, particularly online reviews such as from Google, Yelp, and HomeAdvisor have the high risk of getting fraud problems in various ways. For example, construction companies might artificially ask people to write good reviews about their companies to increase their ratings. Or, conversely, the companies ask people to write negative reviews for their competitors. Instead, they will try to remove the negative reviews about themselves by paying some money.

This kind of problem can lead the customers to hire the contractor who does fraud practices and hide their company’s blackness. As a result, those types of contractors only give them bad service and waste their money. It deflates customers’ trust to search online reviews because they don’t know anymore which one is giving legitimate answers. Whereas, the customers highly depend on such reviews to make their choices on hiring the trusted contractors.

  1. Hidden Costs of Advertising Fees

Contractors often put a lot of money on advertising to make their companies’ name more popular to gain more customers. Since there are lots of advertising methods which require high cost, the contractors need to bear more costs for running their companies.In the end, they pass the costs on to the customers by offering higher prices for their trade services. It is the reason why the hidden costs of advertising fees have become another problem for the customers. They want to get the best service from the contractors to repair their home, but they need to prepare a big sum in return.

  1. Lack of Price Transparency

Some customers might never bother to find why they need to pay a certain amount of money for receiving the services on repairing their home. But, some others might curious and want to know more about the details of service costs. However, most of the contractor’s companies still lack in pricing transparency. They only display the total of service costs without giving more details. For example, only for replacing a toilet, the companies charge USD 375. The customers can’t get more details instead that number of money on the website or promotion brochures. They don’t know how much is the actual price of installing a new toilet and the labor services. Maybe, it only requires them for about USD 150 for installing a new bathroom. Instead, they need to pay more for the labor services than the toilet. This lack of transparency can result in unknowingly unfair pricing for the customers which they are supposed to get the more affordable price.

The Solution from Bob’s Repair

Do you recognize the Skilled Trade Worker Platform (STWP)? Yes, this platform has built by Prandecki brothers of Bob’s Repair since three years ago (website: The STWP is an SMS system that was automatically connecting the consumers and contractors directly via API in order to provide the more reliable platform with lower costs. This platform works by relying on a simple business model which simply recruiting contractors and customers through online advertising platform. At first, the contractors have to pay USD 75 per week for a flat fee. However, they will able to receive as many potential customers as were available for an average of two leads per day. When other platforms offer about USD 50 for per-lead average fees, STWP only takes USD 5.

Moreover, STWP will also be supported by automated technology, especially online process. After getting the information from local online advertising platform, the customers will call or send a message to the number from local advertisement. Prandecki brothers will receive the calls and texts then identify the number to associate with the qualified local contractors and also sync the jobs. Those automated processes rely upon an SMS API by utilizing the keyword technology that detects specific phrase to sync with the requested job, for example, toilet repair or AC connection.

Then, the outsourcing of online advertising process will be managed by the Freshbooks and Capsule CRM. Freshbooks will store all the customers’ numbers, invoices, and job information. Meanwhile, the Capsule CRM stores all information regarding customers and independent contractors. By connecting this process, STWP communicates through Bob’s Repair API. In the end, the independent contractors will see all the information, including the requested jobs. The whole process is managed to support operational efficiency by improving the scalability and profitability.

In the market, STWP was a big hit for being able facilitating more than 50,000 service calls. However, this platform itself wasn’t able to resolve those three major problems in the skilled trade industry. The founders think there should be a technology breakthrough to solve the problems. This concern brings Bob’s Repair to prepare a solution called Bob Application. Like has been mentioned in the white paper file in app is supported by STEEM blockchain that takes advantages of various social media platforms including for those in Android, iOS, and web-based application. Since Bob’s Repair has a long history with experts in software engineers including those in blockchain technology, this process is expected to gain USD 340 billion in the skilled trade service market.

How does Bob Application work?

There are three main steps to describe the works of Bob Application, including:

First, customers create the jobs and deposit their money. In the Bob Application, customers will write the job description they want to request. Then, it will be published on the escrow website, and the customers will get the list of contractors that suit the requested job. They can see the contractors’ ratings, price rates, and previous reviews. They can choose up to 3 contractors which later will get notified of the job. If after reviewing the job the contractors think they can work on the job, they will propose the price, deadline and other terms. If the customers are okay with the proposal, both parties can deal with the agreement published on the escrow website with URL and SHA3 hash. The published transaction on Ethereum Blockchain will include contractor’s Ethereum address, full job payment and service fee, the array of a deadline for each milestone, array of payments for each milestone, and agreement URL and hash. After that, the job contract is created, and the customer can deposit their fee. All transaction will be stored and monitored through Blockchain technology.

Second, there are three conditions might happen during the job process that includes the milestone, payment, and refund. When the milestone has been completed, and the customer has no claims, the customer has to publish a transaction on Blockchain to job-contract to confirm the milestone completion. Contractor publishes the transaction to claim their payment deposit from job-contract. Meanwhile, if the contractor thinks the milestone has been done, but the customer disagrees then the contractor can request to escrow team to get the job done after publishing transaction to the job contract.  The team will contract both parties to discuss the milestone whether it has been completed or not. The last is the condition when the customer thinks the milestone hasn’t been completed and the contractor hasn’t published the request before the deadline. The customer can claim a refund if even after the deadline the request still isn’t processed.

Third, whether the job has been completed or failed, the customer can write a review about the contractor. The review will be published to the STEEM community for moderation, vice versa. All the reviews including the address and references will be stored on the escrow website so the other customers can check on their review.

Since STWP has already had 50,000 customers, so the platform can help the success of Bob Application. There are also cryptocurrency communities who understand more about blockchain technology to support the works. Moreover, Bob’s Repair will also use social media base including Twitter, Facebook, Telegram, and YouTube to spread more word about this application. When more people being familiar with Bob Application, they will be aware the benefits they will gain from this platform. For contractors, they will get more control to their schedule, legitimate reviews, higher take-home pay, and some more. For customers, they can enjoy better service, lower price, and legitimate reviews for looking a certain thrust-worthy home repair service.

Supporting by blockchain technology, Bob’s Repair will use cryptocurrency to raise funds for perfecting the works of BOB Application. It will use ERC20 tokens called Bob tokens that will be purchased in every quarter on an open market to provide 50% of profits for token holders. The purchase BOB tokens will experience the process of burning to provide quarterly buyback and reinvestment dividends. The whole process will be secured by ensuring the compliance with SEC regulations and international finance. Moreover, Bob’s Repair will conduct two rounds of BOB Crowdsale include pre-ICO and ICO like Prandecki’s brothers mentioned in this video.

Why Using Bob Application?

There are several benefits when a more decentralized market for customers and contractors can be created by using Bob Application, including:

  1. Trustworthy Reviews

Since building trust is always number one in the business transactions, the STEEM blockchain will help to support Bob Application to fight against review fraud. The use of blockchain technology has benefits for providing quicker transaction time by only 3 seconds with no transaction costs. In order to avoid the practice of review fraud, the application will help to link transaction reviews with actual financial transactions. All the financial transactions on the blockchain will be stored in the application. When they leave a review, it will be linked to the financial transactions that have been done between the customers and the contractors. In this way, the others customers will know that the reviews are legitimate because those were from the real consumers who have experience in getting the services from the contractors. If they have better information from legitimate reviews, they can make better decisions.

  1. Transparent Pricing

Since the reviews will be linked to the actual financial transactions, the customers will know how much the cost of service. Not only the total costs but also including more details such as material and labor costs. So, when the customers want to get certain home repairing service, they can compare the charge for several contractors. They can also check the reviews to help them determine the actual costs for their service. By creating more pricing transparency, it can discard inflated costs from those fraud reviewers and build more trust with the future customers.

  1. No More Advertising Fees

Aiming to prevent hidden costs due to advertising fees, Bob Application will eliminate intermediaries for advertisements such as HomeAdvisor, Google Ads, and others. The app works differently. In the app, there will be some functions including flagging posts, upvoting, and user reputation towards the contractors’ companies. If they can get more verified positive reviews, they will be more recognized and invest significant presence. In so, merit is playing a big part in gaining the reputation of the companies. Unlike the common advertising which requires high cost, this new structure will help to eliminate those hidden costs that often charged to the customers. Moreover, the application won’t charge for the sign-up, membership, and transaction fees. By reducing the entry barriers for contractors, they won’t be burdened by entry costs and offer lower prices for the customers. As a result, this feature will be expected to promote more growth for more decentralized markets for both of them.

So, everyone who wants to get home repairing or other services from the contractors will be more at ease in their mind since they have got the more trustworthy platform to get the services quicker. Moreover, this technology of block-chain also allows the contractors to increase their revenue since there will be more job requests for them.  Follow their social media for the latest news.


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Gladius As The Decentralized Site Protector In The Future

Gladius As The Decentralized Site Protector In The Future

The growing use of the internet makes more and more people set up a site for their needs. Establishment of a place can start from small business individuals to large companies. Each website has its own goal in the making. If the site contains only a company profile, it will be the less aggressive attack. However, different when the website provides relevant information relating to databases and other information services it will be more vulnerable to DDoS attacks.

Distributed Denial of Service (DDoS) attack is an attack that threatens the system of a network. Attackers usually have different ways to run DDoS attacks. The purpose of the attack is also varied which is more precisely known by the attackers. The impacts are diverse, from slowing down the service process from the website to the website level cannot be accessed at all and must be offline for a while to make some improvements until the site back to normal.

The value of losses incurred by website owners varies depending on how severe the attacks are. The amount of damage is also affected by how vital the services provided by the website. If the site classified in e-commerce then a day online website will make a high loss value. The use of site protection services is still considered to be less cost-effective.

The attackers usually use the latest technology to carry out attacks. Thus, this type of attack is not entirely predictable. Besides, to be able to predict then each protection system should also update the technological developments. The use of the Internet of Things (IoT) is also one of the great opportunities to create an attack on existing sites. IoT encourages even greater assaults than previous attacks.

Overcome this, then the team’s gladius is present to provide a solution to the threat of DDoS attacks. Gladius uses a decentralized system of blockchain technology concepts to develop appropriate security systems and affordable costs. The plan, Gladius will be a website protection service provider that can cover all aspects. Gladius will protect the budget owned by the founders of the website. The budget can be adjusted to the type and importance of the site.

Gladius Development will be a protection platform from the first DDoS attack offering token use in it. Gladius tokens can also be obtained in pre-sales in ICO events. This token is used as payment for services desired by the user. With token ownership, it will make it easier for website owners to reach an agreement regarding the security provided for the site. To follow the development of Gladius Platform, you can visit some of the following links.

The CDN As The Content Market In Gladius Ecosystem

Rapid industrial growth will encourage high usage of CDN services. The CDN market provides services within the Gladius platform that Gladius token holders can choose. The speed of users within the platform becomes one of the factors that can increase the growth of the CDN industry. The user’s demand for a fast connection to the site has been significantly improved. CDN will be a beneficial business service to improve access speed of material.

Consumers who access the website would want speed in the process of receiving responses from the site. That encourages website owners to continue to increase access speed significantly. The need for information can continue to improve until consumers leave the retail site if access to the site is getting slower. With CDN, the speed of data will increase to give satisfaction to each customer.

The speed of information supports the growth of businesses that have a good relationship between consumers and producers. Gladius offers CDN services to improve the quality of information and access speed for site founders. Sales figures in e-commerce can also increase if the site has many benefits that can enhance physical sales. CDN quality will continue to improve to provide the best service to every customer. CDN needs will also increase as the online site usage grows.

From the various obstacles experienced by the providers of the site, the common problem that often happens is the fear of a slow system and the level of site security. Consumers will undoubtedly complain if access to a site is prolonged. That will make the consumer leave the place and choose to use another site that has a higher access speed. The use of CDN can speed up access to the site so that consumers can more trust your site. Site security can also be ensured by using CDN services on the Gladius platform.

Consumers can be mapped to consumers who choose the speed because they prefer the quickness and consumers who need speed. Website websites with speed can make it easier for users to continue using the site in search of information. Access speed is one of the factors determining the high usage of a website. Consumers will choose to use the site with the fastest access time because it will be more efficient the time and the desired information will be quicker to accept. Access speed is mandatory for site founders. In e-commerce transactions access speed is one of the keys to its success.

The Use Of Gladius Token To Get The Service In The Ecosystem

Gladius Token (GLA) is a payment instrument that applies within the system. Token creation will be made as long as it is available for use in the Gladius network. The sales system will be launched in public token sales events. DDoS and CDN protection services can be enjoyed by users with a purchase process that uses GLA as payment. The reserve bandwidths leased by individuals and storage space will be a cost allocation with substantial funds. Funds obtained from the use of the services will be returned for protocol development. Demand and supply will be subject to change of denomination fees in GLA.

Network support owned by node owners will allow the network owners to gain incentives in the form of GLA. The platform will pay each owner for work done on the official platform. Mining with blockchain technology will be assessed by a system of shared storage space and bandwidth rather than proof of employment and ownership of the currency as a stock proof.

Tokens can be designed in such a way as to allow the growth of Gladius networks to be a better platform for providing site protection services. Token sales will be opened to speed up the platform development process. The commission to be given to each owner of the node will be viewable in a currency other than GLA. Initial issuance of sales will consist of 34,000,000 GLAs with maximum issuance totaling 48.2 million GLAs. Maximum token stamp in the market is worth $ 12.5 million, and the specified maximum market cap is $ 20,500,000.

Gladius network development is inseparable from the role of several parts of the platform. Centralized databases used in storage services and proxies and costs will use blockchain Etherum. Traffic distribution can keep the client chain to take action. Part of the CDN can help process the chance of content in the presence of the Gladius platform. Custom proxy is possible to do as a service in the platform. Each function used can be negotiated using an intelligent CONTENT and a GLA token.

The Token Sale Event And Contribution Of Gladius Platform

Gladius network development can be done by collecting contributions to the sale of tokens. Details of the use of funds have also been made for each buyer to be clear about the allocation and function of the money provided. Details of the use of funds can be obtained through a white paper that has been prepared by the team of developers Gladius. With clear usage details, it is expected that GLA sales events can take place smoothly and achieve maximum sales token targets.

The core development of the Gladius platform will earn an allocation fund of 40% of the total sales. This amount is the most significant allocation of money in the platform. Such developments are included in Gladius services such as network nodes, intelligent DDoS protection, smart pool nodes, protocol and system support, end-user application creation, smart contract systems, and other service products. The higher the incoming funds will enable the completion of product development can be done as much as possible.

Besides to the core development process, funds will also be allocated by 20% to support security. The purpose of security is to improve the protection system. The encryption process will be encapsulated for the use of nodes and DNS obfuscations. Besides, 20% of total token sales will also be used for operational costs that include the price for the company’s daily functional. Activities involved in funding operations are hosting, personnel, management, outsourcing, and infrastructure.

Besides 10% will be used for law and marketing respectively. Consultations and legal advice are necessary to achieve compliance with the many technical regulations. A legal undertaking would be very safe because it does not oppose government regulations that have been enforced. Synergistic partnerships and platform marketing are essential, so they need to get the budget. The broader the reach of marketing, the more websites and nodes that use Gladius services.

Pre token sale is made to show the Gladius network concept and maximize the creation of services provided to the users of the platform. Storage space and bandwidth can be obtained easily by users who have participated in the platform. Firewall rules are used as a basis for DDoS protection for each site that is incorporated in the Gladius network. Additional features are also possible to provide to network users who can depend on the number of tokens sold.

After the token sale expires, there will be a resolution to solve the CDS iteration and the DDoS protection network. The settlement will achieve the result of site access speed up to several Gbs in one second. Multilevel protection is also possible to do if access speeds can be improved. The network will be fully resolved and commercialized so that any site founder can use the service to safeguard the site from DDoS attacks. Systems can upload thousands of websites at once with validation values to keep site performance in line with applicable standards.

The Architecture Of Gladius Platform

The platform development process cannot be separated from the cooperation built between traditional DDoS and CDN protection. That is probably done by creating a proxy that is on the internet and open website. Gladius made networks are different from regular networks. The difference lies in the system of pace cache and file traffic. Nodes in the Gladius network will form a pool that can classify based on the highest value of the experience of network speed.

The IP address of the server is one of the essential components in DDoS protection performed by the Gladius network. Reputation will be built to prevent the formation of a hot pool by reaching a final proxy mask. CDN can be fully functional with the ability of the node to perform key caching as well as provide content to clients who are nearby. The location determination is based on the DNS server so that the node will always be sent to another node that has the closest distance.

In Gladius, the database from the pool will be maintained in the blockchain. That will make the process has inherent costs and fixed costs. The Etherum smart contract started a request to join the platform. The reputation information, maximum cache, location, and bandwidth will be stored in the database. The area can be accepted by each node so that the pool can be selected which is near and appropriate to the needs.

Network security is a critical determinant of the sustainability of a site. DDoS attacks that have been feared by the owners of the site can now be handled and avoided with a gilded in Gladius which is an innovation blockchain network. This platform provides comprehensive website protection services from DDoS attacks and can improve site access speed. You may be interested in contributing to the pre-sale token so keep up with the platform development information so you can participate in the token sale period.

Bankex As The Future For Financial Technology

Bankex As The Future For Financial Technology

Recently, we can conclude some ICO products which have good appearance. In an outstanding market, investors are free to choose which one the trusted ICO who wants to follow. It’s exactly according to their consideration. The high potential platform will be selected. After many platforms appear in ICO period, the investors seem like confusing to choose one among the best products. It’s so hard to determine which is the projects that will provide the great benefits, because if the people in the wrong choice, it will create the huge losses.

Bankex as the new platform that is combining Proof of Asset (PoA) Protocol, the principle of Bank as a Service (BaaS), Internet of Things (IT) and Artificial Intelligence (AI). All components being integrated into one system named blockchain. As we know that the growth of business and financial system running continuously, in a few last decade the traditional financial system becomes the most trend system, but gradually this system exposes the weaknesses.

The investors usually save their assets in real estate, gold and stock form. This kind is uneasy to sell out physically. The alternative ways are changing these forms into legal paper through the authorized institution. But, it arises the problem, the assets trading becomes complicated because should be involved the third party (in this case is law enforcer) to legalize the transaction. So, time by time this way become the causes of non-liquidity assets.

Because the traditional system can’t hold the liquidity of assets, Bankex build as the solution to this problem. The sellers and buyers need the privation when doing the trading, Bankex provides this way. Through the tokenization of assets, the trading comes so easy, because each item has each token. So, it’s not needs to involve the third party anymore. In this case, Bankex as the future of financial technology tried to develop the digital system in the business world.

The General Description of Bankex

Blockchain has been used in the various aspect in simple and manufacturing of trading transaction. This is one of the trusted ways for the financial transaction. Besides the benefits of these technologies, the blockchain becomes a great management and tokenization tools. Why? Because to digitize assets requires lots of work. It through some stages, the checking, the agreement of both sides takes a long time. The usual digitalization system will not be able to digitize many modules at one time; it might happen an error of processing.

In this case, blockchain plays the biggest role. Blockchain can automate each transaction related to assets. It’s secure and trusted; the important is benefits of blockchain service has the meaning removing third party authorization requirements. The transaction will faster, clear and transparent.

Because the assets sell out as a digital product, the asset exchange becomes easier that will generate better liquidity. Whether its the business owner or traditional financial institution, the blocker is effective in implementation and surely brings out the great result. The popularity of bitcoin makes the people begin to understand how to use bitcoin. However, regardless of these knowledge, to acquiring bitcoin is an uneasy thing. Even today, bitcoin is a privilege for some people only.

Bitcoin can’t fill out by assets, and the coin also can’t use for tokenization. The digital coin that supports tokenization is Bankex. Bankex builds as the future for financial technology. Tokenization is the way to manage assets in blockchain environment. Bankex takes the next tokenization by adding more features such as PoA Protocol. From that case, appear the question how the differences between tokenization and digitalization are?

Digitalization assets are only about making assets to be the digital format. Its include creating the description and publish it in the market. In another hand, the tokenization is the reforming an asset into tokens which has the proof fraud feature as a part of blockchain benefit. Learn more by visiting the ann thread

The Aims of Bankex

Bankex created the standard that allows the new generation of assets and contracts to build the decentralized of the capital market. Bankex implements Internet Asset (IoA) according to BaaS principle and supported by IoT and AI. The PoA opened for Fintech providers of the third party, the Lab AI and IoT, traditional financial institution and assets owner. The BaaS, PoA, and IoA have the revolutionary character to optimize the liquidity of nonfungible assets, non-liquid traditional class asset, and global banking.

Bankex technology created to betterment future for financial technology. It’s capable of makes the trading quick and easy. The new products can adjust with the complex, financial infrastructure and class of assets. Bankex try to change the financial system for the digital era and creating the global market integrate with high transparency. The successful of this platform can’t separate with an expert and experienced team in capital market and banking sector. Bankex becomes the partner for several TOP blockchain developers. The bank which has the interest in implements smart contract for non-liquid traditional class asset.

The point is to realize PoA protocol that allows the user to takes all assets, tokenize and then allows to exchange on their platform, Bankex tried to build the new smart contract (one of that is new Escrow smart contract). Bankex also works on the legal issues and to effort the user obedient toward the provision of Bankex corporation.  For more explanation you can kindly follow the social media account:

The ICO review of Bankex

Based on ICO Rating review, Bankex project placed the stable rating. This platform is unpredictable to checking the ration of supply and demand. Since founded in January 2016, Bankex able to reach the success when pre-ICO with 400.000.000 BKX tokens are a sell out on first launching. The team is also holding the research to develop the blockchain technology through ICO system to building the platform for real assets tokenization.  ICO has the primary aims to make Bankex as the biggest blockchain corporation in the world. It’s possible if the token sales success to get the people trust.

The details description and qualification of the real problem and solution are improved by the team. But, there’s no separate website which explains the ICO, it’s done to protect the Bankex from retail maximally. Besides that, it has the goal to socialize the investors that they have the right to making a private transaction with no involve the third party.  This is the reason why Bankex is placing as the future for financial technology.

The evidence that issued when ICO is utility tokens. This tokens usage as the purchase when buying the smart  asset. Just for your information, the classes of tokens consists of three kinds; there is soft, retail and hard cap. Each class have a different point of BKX tokens, 20.000.000 for soft cap, 80.000.000 for retail cap class, and 220.000.000 for a hard cap with minimum purchase is 1 ETH. Through these points, the investors will get more and more benefits from Bankex. Please kindly look at the site:

Bankex also achieves some reward and recognized as the good blockchain developer. The TOP 50 Startups Fintech successfully achieved in July 2017. The Bankex team gives maximum effort and dedicate themselves to provide the best service for sellers, buyers, bank, and all related parties on the digital financial market. From that explanation, we can get the point that Bankex has high capability and promising the people to improving their business. This is the best way to gain more and more commercial.

Why Is Bankex Important In Our Business Life?

The most important feature on Bankex is Bank as a Service (BaaS). The working of Baas is offered three main roles on the business ecosystem. There are:

  1. The owner of the asset or usually called as the originator. This party provides the items will be sell in the platform. The owner also engaged as a seller. All seller obliged to gives the information about assets (like originality, the legal document, condition, etc.)
  2. The buyer or named supplier. This party holds the position as investors. They choose and buy the items using tokens. If the investors collected tokens and not distribute on token sales, it’s not a matter. The tokens are remains available and not eliminate.
  3. The last one is the owner of the product. In this case is Bankex as the service provider of financial technology. This party has the roles to improve the transaction and trusted atmosphere while trading.

As explained before, Bankex gives the people more benefits. The investors should know which is the platform that available the greatest number of profit.

  1. By using the blockchain technology, the transaction will go faster because there’s no involve to authorize process.
  2. Prevent the instant protocol to exchange assets, Bankex able to detect all information about the items that sell out on this platform. So, it’s impossible to exchange the item with no verification.
  3. As the realization of a new generation to the better future for financial technology cause Bankex can making a move in trading adjust with consumer needed.

If you’re still curious more the strength of this platform, please kindly read white paper on