Computer and Technology

Jan 22 2020

Using Liqio Exchange For Your Digital Asset Trading

Talking about digital asset trading, sometimes we could not understand the terms that make us feel confused, which leads us to forget about it. But if you look closely, the digital asset trading is probably the main thing that people used as their income for their living. However, trading on digital assets or cryptocurrency might come with many challenges. Hence, if you are not smart enough to choose an intelligent trading decision, then it will be so hard for you to gain a token, which is, in this case, is the possessive investors are dying to buy. In other words, it can be said that doing “business” in this digital asset trading is not an easy peasy thing to be done. Nonetheless, if you do this business with the proper platform, it probably can make you more confident and believe in doing this business.

Recently, there is a platform that perhaps is the best tool for you to surf the digital asset or cryptocurrency business. It called Liqio Exchange. It is the newest digital asset platform in the line and already gained much attention since its features provided many properties that can be used by you. The Liqio Exchange is built in Estonia and aims to reduce the hassles that come with trading on digital assets. It comes up with a fresh and understandable interface. This platform, however, can lead you to find the best excitement in doing this digital asset or cryptocurrency business.

Now talking about the primary digital asset or cryptocurrencies in Liqio Exchange is still like the common platform that makes LQO tokens as their primary also. However, in this Liqio Exchange, it provides many features to offer. Let’s take a look at features that offer by Liqio Exchange down below;

How Does It Work?

Since Liqio Exchange will get their first financial license, it will make this platform will get their exposure as the other similar companies who have already gained its name and proper perspective. Besides, by getting the license, it also is a good point for liqio exchange to be the platform that can stand above their self without getting help from others. It will raise the intention of the new participants or traders to join this platform.

Furthermore, Liqio Exchange works will have similarities with other platforms that rely on blockchain as their technology resources. In this case, by using blockchain technologies, this platform can be used for carried out any transactions in instant, transparent, and more importantly, it will be safer due to unchanging data from its participants or traders who use this platform.

However, as the main reason this platform build, which is one of the platforms that provide any digital assets transactions from both seller and buyer, this platform also can receive dividends for holding an internal token. Hence the holder of the token will be able to take their part into the voting things that consist of this platform.

The Voting Model From Traders

In this Liqio Exchange Platform, the traders that consist of it can give their suggestions or inputs for any topic that put in the table. It can be assumed that Liqio Exchange is the only platform for the digital asset or cryptocurrency business that designed management that includes all the participants to taking care of the issue. Furthermore, by these circumstances, the participants or traders can vote for their suggestions or even can fight back the topic brought in the table by using their LQO tokens.

Following the previous line, it means that Liqio Exchange provided every single participant or trader a token holder, and it would be allowed freely to give their suggestions on each topic delivered by the Liqio Exchange. However, the Liqio also patterned each vote from participants or traders to be one vote per token. It means that 1 LQO token equal to the one vote.

Tokens

Since the systems in this platform will be based on LQO, which means all the orders will be developed based on ethereum. ERC 20 Standards will also establish the policies. However, there is another thing that needs considerable attention, which is the amount of the token will approximately be covered in 100.000.000 total of LQO.

Following the previous case, it will make the value of the coin will be added with potential demand in the digital asset market is increasing. Moreover, in this platform, it will also develop a plan that focuses on the STO; however, since this is still in proposing tempo, the distribution of the coins will be conducted as usual.

Understandable Trading Interface

In Liqio Exchange, you will find out the most comfortable and natural trading interface. It often has seen a trading platform with such an unclear and uncommon interface that leads us to confusion. However, in this Liqio Exchange, it all can not happen since its interface is a hundred percent can understandable by even the beginner’s traders. Furthermore, in Liqio Exchange, you can use the platform without worrying about malfunction or anything else.

The Revenue Model

Talking about the income in this Liqio Exchange, it has different revenue compare with another platform. In this platform, there is 4 primary revenue that you can consider as the reason before you land your choosing to use this platform, those four model as follows:

Trading Fees
Of course, the trading fees are the primary revenue in this platform. In this case, the participants or traders will pay trading fees while they perform a transaction. The allocation of income will consist of the 0,10% current rate for the maker and 0.20% for the taker of the trade. However, you need to pay attention since the trading fees may be changed and optimized in agreement with the community by voting from the token owner.

Withdrawal Fees
In these terms, the participants or traders will pay the fees from their withdrawal. The amount of withdrawal itself varies due to the token or coin, and sometimes it depends on the rates.
Listing Fees
To make the listing, sometimes, it requires a fee from its participants or traders who wants to put their listing in the table. Also, the listing that consists of coins or tokens has to be selected and voted by the community, and after the list has already been confirmed by the community, the listed will be free charge of each month.
Ancillary Services
The last revenue model will be the additional services provided by the Liqio Exchange that covers White label, launchpad, legal advice, and many more.

The Spending Model

Of course, when there is revenue, there also will be spending. Thus, in this platform, there are four models of spending that the participants or traders need to know. Those four spending model are mentioned below as follows;

Growth
The first spending model in this platform is growing. It means that when the 35% security token offering STO revenue is needed to be invested for the growth of the platform itself. In order to apply this, the Liqio exchange will use various methods to expand their user base.
Developing The Exchange
The second spending model will be allocation of 45% of the security token offering for the development of the exchange and its functions. It also used for the development of Initial Exchange Offering IEO, community trading, and many more.
Compliance and Security Update
The third spending model will be used 15% of income to make the compliance regulations and security systems be updating following the other sectors’ developments.
Other Expense
The last spending model will focus on the renewal of things such as equipment, servers, attending seminars, and many more. The allocation will be at 5% of the revenue or income.

The Advantages of Liqio Exchange

Like any platform that includes in the digital asset or cryptocurrency business, the Liqio Exchange also has its own advantages that you can use as a reference before you take your own part to join this platform. Those advantages are mentioned below as follows;

Legalized Platform
The first advantage you may want to know is about the legalization of this platform. Indeed, the liqio exchange is already registered under the Estonian identifier number 14789497 (Financial and insurance activities). By this, it makes it clear that the Liqio exchange is a platform that can give you confidence in doing the digital asset or cryptocurrency business while the other platforms might be illegal.
Safety
As it has been registered in European regulations, the Liqio exchange will provide you with extra safe trade activities. It also will make your cryptocurrencies secure.
Secure Wallet
In this Liqio exchange, almost a hundred percent of the funding is in the form of cold wallets. It means that you do not have to worry about a thing that related to the fraud or something even worse.
Mobile Friendly
Since this era, everyone uses their smartphone as their daily basis equipment so the
Liqio exchange will also try to apply their platform with mobile web browsers that compactible with an understandable interface.
Referral Program
If you want another income for yourself, then you need to tell your friends about this platform, let them sign themselves to the platform, and then the Liqio exchange will give you a fee commission as a reward.

Problems in Liqio Exchange

Using this Liqio Exchange as your platform or media in doing digital asset or cryptocurrency business does not mean that you are in great systems that can be tracked by the problem, or in other words, is safe. It means that you need to prepare some heavy mental in order to face some problems that might be happened at a certain time without asking your permission. Those problems consist in the Liqio exchange are mentioned below as follows;

Financial Loss
The first problem that usually happened in this digital asset or cryptocurrency business is that when you do the transaction, that gives too much commission to other participants or traders.
The Efficiency
The second problems are about efficiency. Since using this Liqio exchange means that you will be spoiled with many features that make you feel more comfortable, it indirectly will make you forget about things that require effectiveness, such as the cost number of transactions, the commission you need to give to the conductors.

However, by looking at the advantages of using this platform, perhaps those two issues can be maintained and fixed properly.

Liqio Risk Assessment

As one of the first priorities held by Liqio Exchange is to guarantee their participants or traders’ safety in its comfortable transaction. So, this platform conducts a risk assessment. It aims to identify which users have a risk profile to be their users. Following this, the participants or traders need to do an assignment held by Liqio Exchange before they join the platform itself.

In this case, Liqio Exchange will make a restriction for those participants or traders who lived in countries that listed in the risk categories of the country that not allowed to use cryptocurrencies, countries who have low tax, and that user who make the transactions of cryptocurrency and cash in an abnormal way.

Furthermore, for more details information the risk assignment conduct by Liqio Exchange will cover three different assignment as follows:

Level 1 Risk
This assignment will cover the information about the country of the new participants or traders who want to involved in the platform. It also covers such things likes the legal person of area, the legal person activities, the representative of the owners of the coins, and many more.
Level 2 Risk
This Assignment will cover the activities that the users have before taking its part into account. It also will gain information about the information on users’ legal activities linked with whether it is legal, financial offense, or other suspicious activities related to financial matters.

The Conclusion

Since using a traditional transaction will make you worry about several issues that need to handle properly, then you need to start using this Liqio exchange as your platform for doing the transactional business. It also can be used by you if you want to involve more in the digital asset or cryptocurrency business. By looking at the advantages that offer by this platform, somehow, it convinces me to use this platform also. Additionally, about the interface that can be understandable to use, personally for me, and don’t forget to mention the features provided in this platform, it’s awesome.

Ann Thread: https://bitcointalk.org/index.php?topic=5195018.msg52840589#msg52840589
Website: https://liqio.co/
White Paper: https://drive.google.com/file/d/1Zq0d0k4-dJWqoVihnLdWLjTrpWX6YROV/view

Social Media:

https://www.facebook.com/Liqio-101013327984747/
https://www.linkedin.com/company/28385007/

Tweets by LiqioExchange

Posted by kurniawan05

By admin • Blockchain Technology • 42 • Tags: business, cryptocurrency, Estonia, information, Liqio Exchange Platform, Liqio Risk Assessment, Listing Fees, LQO, token, Trading Fees

Jan 22 2020

Same Problem, Different Drivers: 2019 is Breaking Records for Data Breaches

Some types of cyber threats run together in many people’s minds. However, the question of what is a data breach versus a different type of cyber incident is pretty clear.

Data breaches have become a daily occurrence. Many organizations collect massive amounts of data about their customers and fail to properly secure these collections. Since this data is valuable on the black market, cybercriminals take advantage of these weak protections to steal sensitive data.

It probably should not come as a surprise that the threat of the data breach is not only ongoing but growing. Organizations still have the same vast collections of sensitive data, and it is only becoming more valuable. However, while the growth of the number of data breaches and exposed records in 2019 is to be expected, the drivers behind the exposure of sensitive data may be less so.

The Threat of the Data Breach

Data breaches have entered the public consciousness as one of the biggest cybersecurity threats in existence. They probably would have the top spot unopposed if it wasn’t for the very visible and personal threat of ransomware.

For many organizations, preventing a data breach is one of their highest cybersecurity priorities. With the passage of new data privacy laws like the General Data Protection Regulation (GDPR) in the European Union, the California Consumer Privacy Act (CCPA), and dozens of others, being the victim of a data breach can be extremely costly for an organization. This has created some odd incentives in cybersecurity efforts like bug bounty programs, where extremely common threats like cross-site scripting (XSS) that don’t often result in data breaches are assigned much lower bounties than rarer threats that could result in a major, public breach.

Protecting against data breaches is difficult because they can be performed in so many ways. A common cause of a data breach is misconfigured security settings in the cloud, where a “public” data store is fully accessible to anyone who can learn the URL. Data breaches are also commonly caused by exploitation of web application vulnerabilities (including XSS) that take advantage of the fact that these web apps often have direct access to back-end databases containing user account information.

Organizations attempting to protect themselves from the threat of data breaches must struggle with the fact that a data breach can be very profitable for an attacker and is difficult to defend against due to the wide range of possible attack vectors. Since the majority of organizations lack the level of technical knowledge and expertise held by many cybercriminals, and the identification of vulnerabilities that can be used in data breaches can be performed in an automated fashion, it shouldn’t be surprising that the number of data breaches is growing.

Data Breaches Continue Growing

2019 is a bad year for data breaches. In the first nine months of 2019, there were a total of 5,183 different data breaches with 7.9 billion records exposed. This represents a significant growth in both the number and impact of data breaches compared to the same period in 2018. The number of breaches has grown by 33%, and the total number of breached records is 12% higher.

Interestingly, the drivers between the number of breaches and the volume of breached records differ. Unsurprisingly, cybercriminals were responsible for the majority of data breaches; however, they don’t account for the majority of breached records.

Accidental data leaks, like those caused by misconfiguration of cloud services security settings, have caused over 6 billion records to be exposed in the first three quarters of 2019. This number is calculated based upon the number of insecure cloud data repositories that have been discovered and reported. However, the true amount of data exposed on these cloud deployments is likely much higher, and the nature of the cloud means that organizations with insecure cloud resources may not even be aware if they have been accessed by unauthorized parties.

How to Protect Sensitive Data

Data breaches can be carried off in a wide variety of different ways. Many of them are intentional actions by cybercriminals attempting to gain access to sensitive data for their own use or for resale on the black market. However, others occur without malicious intent as companies accidentally expose their own data due to negligence or a lack of understanding of how to secure new environments like the cloud.

Protecting against data breaches requires the ability to identify and monitor repositories of sensitive data through the organization’s environment. While the organization’s main databases may be well-protected, unforeseen circumstances can cause sensitive data to be stored in unprotected repositories.

Data may be migrated to the cloud to fulfill business needs, but without the oversight of the organization’s IT and security teams. Sensitive data may be needed to test software under development and be copied to a database within the development environment. The organization may have backup systems in place to protect against ransomware but inadequately protect those backups.

These unofficial data repositories are a favorite target of hackers since they lack the defenses of the main database. Protecting against data breaches requires visibility and security into all of an organization’s sensitive data, wherever it may be located.

By admin • Technology • 19 • Tags: business, cyber threats, European Union, hackers, information, market, Protect Sensitive Data, software, URL, XSS

Dec 1 2019

The Latest Movement From Instant Asset Tokens

Having a business partner with a harmonized mind will significantly facilitate your business path. Meetings between investors and companies or start-up platforms that want to develop can be done using a blockchain system. One of the crowdfunding platform providers is Instant Asset Tokens.

The development of asset ownership is now a significant challenge for some people who have token or broker assets. Because the system is increasingly complex, forcing every individual engaged in this field to rotate the brain to be mutually beneficial. Instant Asset Tokens become one of the containers that can use as a solution in terms of token secure.

The property investment business is now becoming a loud echo in the economic field. Starting from local to an international scale, applying the actual system is almost the same. This housing business development embodies the aspirations of many people about asset ownership, but how can they manage and even develop their assets progressively and adequately.

One thing that needs to be understood is “Token,” many people are still mistaken about the definition and function of the term token. Tokens, which are supposed to represent assets in various forms, ranging from rights, goods, up to an absolute value, are sometimes equated with cryptocurrency problems.

More than that, not many people understand the benefits of industry 4.0 technology, even 5.0, which is currently being fast-propagated. Platforms and the internet medium now have a role as the spearhead of running its business well. Instant Asset Token has become a significant exchange service provider platform.

This utilization has been apparent since the emergence and development of digital currencies. Bitcoin, as a pioneer of digital currency, turned out to change the perspective of many people about digital marketing and even other types of business that usually can only be done through verbal or non-medium channels.

It is starting in the range of 2006 developing until now it turns out that the working pattern of the system on digital currency can apply to various fields of business and business. Blockchain is a mechanism and system that is very applicable and relevant to the needs of today’s social networks.

Through the development of this applicable blockchain system, several platforms have begun to modify the way they work and their mindset. It turns out that currently, building a good business requires an extensive network but also quality. Therefore blockchain is one of the main methods to get answers to these problems.

At present, there are already very many crowdfunding service provider platforms or those familiar with the term exchange platform. The purpose of the platform is to build an extensive network for the sake of meeting several parties to establish a partnership for businesses and businesses that are more profitable.

From the development of the system, the asset and token medium also developed as one of the mainstay weapons for several parties to establish cooperation in the legal business sector. The agreement that takes place through the common exchange platform will significantly facilitate the mobility of several parties as well as the manager of the exchange platform.

This platform does not merely provide space to meet investors and asset owners or start-up company testers. More than that, the things and content that exist in such a platform are very complex; they will also provide assets and tokens, even digital currencies that can be used for negotiating purposes and all kinds of other exchange interests.

One of the developing platforms is the Instant asset token; this platform develops with a blockchain system and mechanism as well as the use of ICO or initial coin offering as its crowdfunding method.

Although most of what develops from the web developer business are its causality with real estate and property assets, it is not uncommon for some individuals to use this system from other types of fields. Because basically, start-up companies that are just starting to develop must-have relationships with reliable networks.

These strong relationships and networks can be created from crowdfunding systems provided by platforms such as Instant Asset Tokens. Not only developer companies in the real estate field, more than that currently, but more than hundreds of start-up companies in various areas also plunge into it. They are ranging from the health sector, high-tech hardware suppliers, to companies delivering goods and services.

And until now, there are still many people who do not understand how the benefits of systems and programs like this work until they affect the community. Because basically, the system has applied, and the city indirectly experiences it every day.

It is starting from the non-cash payment system and stock transaction activities and business curves that follow the dollar exchange rate. Up to the savings and loan and credit platforms, currently, almost all platforms with a variety of uses use the blockchain system in its operating background.

Instant Asset Token Feature

Of the various features provided by dozens of platform providers and crowdfunding providers, several elements are a mainstay for Instant Asset Tokens. Although all the features provided by the multiple platforms are similar, the belief systems and procedures provided are usually different from each other.

1. Trusted merchant partner

One of the essential activities in building a network and solid relationships is finding a credible business partner. The credibility of business partners officially registered in this Instant Asset Token is those business entities or service agencies that have the best track record in their fields.

2. Guarantee the entry of agents and brokers

Usually, in asset war business activities in the area of verbal non-online and without a blockchain system like this, a significant problem will arise. One question that often occurs is dissatisfaction or the lack of guaranteed welfare of agents and brokers. He considers his role not so necessary even though it has a very crucial function.

3. Legality

Everyone certainly does not want a platform or business that is managed together, apparently not complete letters and documents that are legally applicable. Instant Asset Tokens have relations and cooperation with tax agencies that will regulate various legal matters and the legality of merchandise and all transactions that occur. Therefore there is no need to worry because the path provided is qualified enough to build a significant business.

This platform stands on the initiative and cooperation between professionals and experts in their fields. Among them is Raymond Lim, whose name is no doubt in the field of business consulting and business development. He has been in the economy and business for more than twenty years.

Besides, there is Brian Chiew as Director, who has more than ten years of experience in the world of business and platform development. With two leaders working together to build mutual capacity and credibility, inevitably, the output generated from the team’s performance is also very satisfying.

In a business world like this, a track record and work experience are needed. Especially in specific fields such as property and asset services, this often has many problems. People who have tremendous experience with this problem will be easy to face and find their problem-solving.

Although it was only established at the beginning of January 2019 and its first launch was in May, this platform has strengthened its performance after participating in various series of events related to the system blockchain. There will always be new platforms and innovations. Therefore Instant Asset Tokens have become one of the freshest lately.

Market development planning in the real estate sector generated by Instant Asset Tokens is scheduled until 2021, with very rapid progress in this year it is not impossible if this platform can compete with its predecessor or even occupy the top of the hierarchy pyramid which has long changed positions.

The Utilities and Benefits of Instant Assets Token

Regarding the use of NIAT that is very recommended in instant assets Tokens ecosystems, so these are the explanation as follows;

1. Rental Payment

By using NIAT as a payment tool, it will reduce the accommodation for rent and rates, especially in the real estate industry.

2. Partner Merchants

Instant assets tokens will bring some merchant partners into the ecosystem to increase the activity of users. By now, Instant assets token has already one merchant partner that is Beacon Cloth Care, Philippine laundry services.

3. Purchase Assets

NIAT can be used to purchase real estate assets within the instant assets tokens ecosystems.

4. Payment For Management Services

To encourage the use of NIAT, tokens holders can efficiently utilize NIAT to make payment for management services. The discounted price will also e gave.

5. Payment For Furnishing

If tokens holders want to furnish your asset. Again, you can utilize NIAT for the payment and of course, with discount prices.

6. Payment For Tax Advisory & Services

When token holders want to make payment for engaging services of tax advisory, you can also use NIAT and get the discount prices.

7. Fee For Agent/Brokers Commission

When token holders have reached an agreement of buying an asset with the help of an agent or broker, so the holders need to give them the commission, do not worry, it can also use NIAT to pay the commission.

8. Receiving Rental or Sale Proceeds

In this section, is when the asset owner wants to receive a sale or rental proceeds in this form. The owner can provide information about the discount for the tenant or buyer as an incentive for using NIAT.

9. Receiving Commission From Agents or Brokers

In this case, the agents or broker can are expected by instant asset ecosystems to provide a discount to their clients, again as an incentive for using NIAT.

10. Listing of Asset For Sale or Rent

Every token holder from the owner of the assets until brokers or agents can use NIAT for paying the registration fees when they are want to list their assets into the web portal. The instant assets tokens will provide a discount for that.

Models of Income

In order to increase the rental income, instant assets tokens focus on projects and developments or purchase orientation from owners of the assets who want to sell theirs. There are five income model in this real estate industry;

1. Leasing of Company Owned Assets

The first model of income is from leasing activities of the assets that manage by the company, in this case, is Realty Beacon Philippines Inc.

2. Selling of Company Owned Assets

A small portion of assets under management will be review and resell by the company due to high profitability like joint development with landowners.

3. Management Services

The management will generate the add – on services such as the furnishing of the units as a service on this real estate platform industry.

4. Individual Owners

The company will be taking a 5 % commission from the successful transaction made by the owner of assets to maintain profitability and remain advantageous for owners to continuously using instant assets tokens as their platform to surf the real estate industry.

5. Agent or Broker Listing

The company will also gain income from agents or brokers listing work for their clients by using NIAT.

Instant Asset Token Problem Solving

Besides, to prevent problems that often occur, especially eliminating the traditional barriers that have been a problem in business. Because basically, all things that develop are those that are based on the dominant criticism and suggestions from the problems that occur around. Therefore Instant Asset Tokens provide several problems solving options.

1. Has high transparency and security

The level of security and clarity of a transaction will make the trust of clients and participants participating in this crowdfunding association even stronger. Transparent transactions and data transfers will minimize the possibility of committing crimes and fraud that have the potential to harm others.

2. Time efficiency and effectiveness

In addition to safe and comfortable transaction modes, through this platform, you will be significantly helped from time efficiency to cost-effectiveness. All costs and time allocated in business needs and services in this platform will be properly data. With a professional method of data collection and archiving, this will minimize the expenditure of things that are not needed.

3. Member management

Although using the ICO system that will make everyone can enter the system and make transactions freely on the capital market and the coin exchange. Still, through this platform, there are some rules and restrictions specifically for foreign investors in the sense that they do not have complete official letters and documents and individual steps that will be taken by the professional team on the platform.

4. Integrity

From several issues on other platforms, it is difficult to get the individual integrity and credibility that can be obtained as a selling point in itself. Usually, start-up companies and developing companies tend to look for business partners whose completeness is guaranteed. Through this platform, a variety of well-tested integrity can find.

In addition to competing to get business partners with functional integrity, this platform is also an excellent vehicle to build the integrity of companies or investors who want to join.

Therefore basically Instant Asset Token as a company and platform provider for crowdfunding services is not much different from the previous platform system. But some of the procedures and work systems used are innovations based on failures from previous similar platforms.

Portfolios and the needs needed to find out the footprints and activities that have been carried out by this platform can be directly checked on their website. They primarily provide news columns that are quite useful for weighing and knowing performance. With the use of qualified human resources, there will be a lot of people who can develop through this platform.

Instant Asset Token as a new platform is indeed doing a high focus on investment property and some of its other token assets. Although so, it is possible if the blockchain system that is applied in this platform can use in different fields of business and business.

Website: http://www.iatokens.com/

White Paper: https://www.iatokens.com/wp-content/uploads/2019/11/whitepaperv4.pdf

Social Media:

https://www.facebook.com/IATOfficial/

https://medium.com/@IATokens

https://t.me/iatokens

Tweets by IA_Tokens

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741
ETH: 0x3946bc29197BF793CB796243109b39b019c3fC00

By admin • Blockchain Technology • 224 • Tags: business partners, credibility, efficiency, exchange, IATokens, ICO, Instant Asset Tokens, Management Services, NIAT, payment, performance, real estate, service, Social Media, time

Nov 23 2019

50% Commission: More Referral More Income at DACX

DACX (Digital Asset and Commodity Exchange) give you a chance to get more income from your referral friends’ transaction. Every single transaction from your referral friends, you get a 50 % commission. As usual, before the event, you only get a 25% commission from your referral friend’s transaction. This time, this event, you get a more 25% commission. This event occurs until May 1st, 2020.

Before I start to explain to you how to get your commission from your referral friends’ transaction at Dacx and what Dacx is. You all who don’t know about cryptocurrency, blockchain, and some other stuff that still have relation about that. I will give you some basic information and explanation which they have some correlation about this core article going to talk about.

We hope that the explanation in this article will help you find out about the world of cryptocurrency. It may go to be easier to know for you if I explain the stuff with light definition and may give some analogy to help you to understand. Nevertheless, you still don’t have a deeper meaning about that, at least you know the red-line of cryptocurrency worlds. It is going to be better if you know how that stuff works in our real-world society.

Cryptocurrency

It may easier for you to know cryptocurrency first before we jumped into the blockchain. Cryptocurrency is a digital money currency that was made for economic activity—transaction purposes. There are up to one thousand cryptocurrencies that were made until now. The top three popular cryptocurrencies and you might ever hear—Bitcoin(BTC), Ethreum(Ether), and Ripple(XRP). It sounds similar to digital money that you are used to buying some stuff in a mall or online shop, right?.

The conventional money that we ever use or even still for doing some transaction back in the day like coin or paper money was transformed into digital money for a simple reason. This is the thing that cryptocurrency is different between digital money. That we usually use for doing transaction—cryptocurrency is no longer has a rule from the third party and use peer-to-peer system (through from buyer to seller). Every single cryptocurrency transaction that people made was saved in the blockchain. I will go to explain to you about blockchain at the next point in this article.

A simple example of what is make cryptocurrency is different—

Let’s say when you used your debit card for buying some stuff like clothing or coffee at the mall. The transaction needs a third-party (in this situation is a bank) to make sure your transaction done well.

The buyer gives their conventional money to third-party for transforming their regular money to digital money. After third transforming buyer’s accepted payment, the buyer can use their digital money for buying some stuff. The buyer buys some thing from a seller with digital money and transaction done. After the transaction is done, the third-party has to send the buyer’s money from the buyer’s account to the seller’s account.

In this case, the seller and buyer must agree and carry out their responsibilities from the rules, conditions and agreements of the third party. Third-party be able to make a benefit from a transaction like give a charge from buyer and seller for every transaction that they made, the buyer has to pay a monthly payment for the administration fee and etcetera. However, the transaction can’t work without third-party participating.

In cryptocurrency transactions, you don’t have to face that case for doing the transaction because buyers can directly send their money to the seller without third-party participating. Other people inside the blockchain recorded every transaction that buyers and sellers made.

For of you who becoming more interested in cryptocurrency might thinking—how do I get cryptocurrency, and how do I save them?. You can easily buy and keep your cryptocurrency in an online exchange platform like DACX (Digital Asset and Commodity Exchange). Then make an account on the website and buy cryptocurrency. Even you can still buy a small scale of cryptocurrency like 0,00001 BTC. You can see your amount of cryptocurrency on the site.

What Blockchain is?

Blockchain is spread massively computerized that recording every single cryptocurrency transaction from people to other people. In conventional transaction mode, blockchain is more like a bank that we used to save our traditional money and use the money for doing the transaction. The difference—the bank has a centralization system recorder. And blockchain has a decentralization system recorder. This means if we save our conventional money in the bank, the only one who knows our transaction history is only the bank. In the blockchain, every single person inside the blockchain able to know what other people’s transaction history.

Blockchain should be safer than a conventional system because if one of the million computers in the world that save the transaction history from people got hack by a hacker, It doesn’t have an impact at all. The hacker needs to hack a million computers in the world to mess a transaction system. Imagine if we save our money in the conventional system—for example, in the bank, and let’s say the bank got trouble connection. We are unable to do the transaction and wait until the system has been done from recovery how the business transaction got ruined by trouble’s third-party system.

Every single computer that recorded people’s transaction history is identical same and can’t change anymore after the transaction done because of the immune system. The advantages people get from blockchain is they get rid of manipulation from the third party system transaction and not always hanging with the third-party system.

Blockchain divide into some blocks, a block record every cryptocurrency transaction history from people. If the one block has full of transaction history, It will create a new block for ready to fill the transaction history. The newest block always connected with the older. After a block full again, It will create a new block. Again, again, and again until they have a lot of blocks that connected for each other. It is called blockchain—a group of blocks with connections for each other. What the transaction history recorded by a block is not a literal number like money in a conventional transaction we usually met in the bank activity. The block recorded a nominal of money with the cryptography technique.

Anyone inside the blockchain able to record the cryptocurrency transaction from people. They are called miner—people who inside the blockchain, have a sufficient hardware component and be a transaction recorder. In a conventional economic system, it is similar to an accountant. Two things that miner has to do is securing and recording every cryptocurrency transaction from people inside the blockchain as a complimentary beneficial from what miner does is. They can encrypt the code from every transaction. If the miner success breaks the code up, they will get a free cryptocurrency from it. Which means miner get free valuable things that they can use it for a transaction like money in conventional economic activity. The miner also can sell the cryptocurrency to people or keep it their own.

Get 50% Commission From Your Referral Friends Transaction at DACX

DACX (Digital Asset and Commodity Exchange) is an online platform exchange/blockchain start-up based in London that utilizing artificial intelligence with highly computerized technology regarding provide a secure, efficient, and safe marketplace for serving a retail and institutional client. DACX’s MVP (Minimum Viable Product) was launched in January 2019 without external funding.

Until May 1st, 2020, DACX gives you a 50% commission or more 25% commission than usual from your friends who sign up at DACX with your referral ID, QR Code, or referral link.

There are the steps that you have to do to get your commission:

If you don’t have an account at DACX: go to dacx.exchange and click the “sign up” button in the right top of your screen. Fill the blank box and click the “sign up” button again.
After you are done with register your ID, please logging in then check your email for verifying your account. (When you are going to log in to your account after verifying, you need to check your e-mail again for five-digit code that uses for security purposes)
The last one, look at the left side of your screen. You can spread your referral out only with clicking the social media share button (Twitter, Facebook, Linkedin, and Weibo)
You also can spread your referral link out manually by clicking the copy button or save your QR code then share it to your friends and let them scan it.

You get a 50% commission for every your referral friends’ transaction until May 1st, 2020. After that time, you only get a 25% commission. Every commission that you get from your referral friends’ transaction will be paid in cryptocurrency. DACX doesn’t make a limitation number for referral invited, but DACX always keeps an eye for a duplicate and fake referral account. For you who still to try to get a commission from fake and duplicate referral accounts, DACX will disable and disqualified your account from commission payouts.

Links:

Ann Thread: https://bitcointalk.org/index.php?topic=5154783.0

Website: https://dacx.io/

White Paper: https://dacx.io/wp-content/uploads/2019/09/DACX_WhitePaper.pdf

Social Media:

https://www.facebook.com/dacx.io

https://medium.com/dacxinc

https://www.linkedin.com/company/dacx-group

https://t.me/OfficialDacx

Tweets by DACX_io

Posted by kurniawan05

https://bitcointalk.org/index.php?action=profile;u=1187741