Blockchain Technology

Guess What, Cryptocurrency Exchange Problems and Its Solutions

Guess What, Cryptocurrency Exchange Problems and Its Solutions

If you are a businessperson or people who are interested in investment, you definitely will understand its development. In the financial industry, a cryptocurrency developed. However, it takes place to gather together with some issues that plagued it.

Actually, Bcnex wants to develop technology in the future era by exchanging the digital assets and cryptocurrency which will be an important thing in the financial industry. The digital assets technology has begun to show their impact in the real world. It adapts quickly and become a trend in the industry. One of the examples is cryptocurrency exchange.

The cryptocurrency exchange has become the central attention of people over the world in digital currencies field. In each year, this exchange platform is increasing. From this cryptocurrency exchange, people not only get benefits but also suffer significant scaling-issues, both on the operational and technical side.

The Problems of Cryptocurrency Exchange

In this article, we provide you with some issues that the investors may face in these digital assets, cryptocurrency. There are 6 problems as the below explanation.

Let’s take a look at the detailed information!

  1. Weak Technical Architecture

Some digital exchanges were conducted by professionals engineers who have many experiences or with no experience at all in the field of finance so, they did not know how to operate financial services platform.

Usually, to get the system up and running they will choose the easiest way to save money and time. This exchange may work well in the first place it is. However, this may come worst when the number of traffic increases, while the system is overloaded and unable to process users’ request. In other words, people can buy or sell on cryptocurrency and they will not catch it in Bcnex.

Despite, an exchange should be well-designed with an efficient, enough security, speedy transaction, and the scalability. On the other side, Bcnex is established by well-experienced workers especially in the financial system in Forex market as well as real-time data application system. They have an in-depth understanding in the sector needed.

  1. Lack of Security

Because of malicious activity or hacker infiltration, statistics show that hundreds of exchange were closed. In 2017 and 2018, due to targeted attack according to the data from Group –IB, exchanges suffered total loss of $882 million. Meanwhile, Bcnex is designed by the highest security standard that can minimize hacker infiltration or another access from the irresponsible system or might be people.

  1. Low Market Liquidity

Basically, the main goal of the exchange is to create high liquidity, support investors in the trading system, and take initiative purchase or sell decisions. However, the digital assets exchange mostly did not meet the requirements so, it leads to unpredictable results for investors.

Liquidity is an important element for any of market, and due to the decreasing of liquidity, orders are not placed on time and the doors are opened to manipulate prices. Therefore, it leads to an imbalanced environment and things go out of control. In short, to attract coin miners, investment institutions and high-volume traders to a newly established exchange is difficult and requires an experienced team with an in-depth understanding about this new market.

  1. Poor Customer Service

Customer services are often ignored by some exchanges although this is one of factor that determines exchanges success. Based on the Accenture study, there are 52% of customers who have had a bad customer service experience with the company stop purchasing their service and product.  By this moment, many users will complain about the bad services they received from the company so it leads to the poor of customers support.

  1. Trading fees

On cryptocurrency exchanges, the trading fees are sort of a two-edged sword. When the fees are low or no fees at all, the liquidity of exchange also increases. It permits large investors to deploy crypto prices cheaper and easier. Besides, cryptocurrencies naturally promise to interrupt the financial sector by making transactions far cheaper.

  1. Trading pairs

Besides trading fees, the issue also can exist from the trading pairs. It happened since there are 200.000.000 (two hundred million) individual tokens of cryptocurrencies that will be a very significant problem. So, if you want to sell one token for another, automatically it requires two traders which makes the double amount of fees necessary in order to exchange the token.

The Bcnex Exchange Problem Solving

After knowing about some issues that exchanges may face, we also provide you with some Bcnex exchange problem solving that can be the ways to reform those weaknesses. There are five ways that can be conducted to solve those issues are as follows:

1. Technical Solution

In this part, there is two technical solutions provided as follows:

1) The BCOMS Order Matching System

The BCOMS or The Bcnex Order Matching System is a component, which matches both of buying and selling exchange orders. In other words, it is a feature to buy and trade. Also, it is considered as the most eminent part of Bcnex that is built with high precision. All purchase or trade orders are stored with high performance queues and a good quality system which is designed to minimize the possibility of losing data.

So, all buying and selling activities will be stored in the high quality storage which ensures the users that their data will not lose. The BCOMS is the fastest exchange since it is capable of doing 2.000.000 trading orders per second. This flexible scalability makes the elimination of common issues on the overloaded system is very capable.

2) A Stable System on Microservices Architecture

To make sure scalability, a stable system on the microservices is used by adding physical servers when the system needs to handle a large number of transactions. With load balancing system is placed, the capacity of the Bcnex increases up to 99,9%. Besides, to improve their users, the access to speed is improved.

The microservices on Bcnex is divided into small services with separating databases which let us to make scale and modifications without compromising the whole system.

2. Safety and Security Solutions

It is also divided into 2 parts like the below explanation:

1) Multi-layer Security Architecture

Bcnex has already completed with a system engineering from the ground up with security in mind. Come up with it, Bcnex also deploys the security system into multiple layers which include, robust firewalls, anti-DoS, multiple user alerts. If Bcnex found some strange activity, automatically it will block the account for a certain period. It also will notify the user of the account.

To put it briefly, before attempting to perform any transaction activity in the process of KYT (Know Your Costumers) Bcnex will ensure all the user’s security crypto assets which aimed to achieve banking industry in the level of security compliance and auditing. Also, it uses Google/SMS 2FA for the users. This aimed to act related to security on the trading platform as a security measure.

2) Optimal Wallet Solution

It is very eminent to consider a large number of cryptocurrencies which are being stored on the major exchange. Hence, to keep users security, Bcnex is accomplished with the security solution which consists of a hot wallet, a cold wallet, and secure hardware.

The operational system of those wallets is similar to what is applied by Bank, ISP providers, and the developed countries government. Mostly, the vast Bcnex assets (98%) are stored in the cold wallet, whereas the remaining balance is stored in the hot wallet that is enough to cover the number of daily withdrawal users.

3. Liquidity Solutions

Bcnexhas worthy experiences in everything including from design to client support all the way to modify liquidity management and low latency trading architecture in the forex market industry. Moreover, Bcnex has many good partners in the industry who will be the key to the exchange launch and make them easier to build well established foundation of an existing business.

4. Customer Service Solution

Along with the development of exchange infrastructure, Bcnex began to consider customer service as a vital part in the digital economic industry. Therefore, they realize that they have a large amount of users, so they provide the users with always ready service management team who are willing to solve any issues. So, Bcnex is established for offering a flawless user’s experience.

Substantively this article does not mean to address one of particular individual or entity. It is just glimpse information that we write in order to share you if you guys interested in it.

That is the end of this article. Hope we do help you guys to know about Bcnex exchange problems and its solutions. Thank you! Happy Reading!

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The Crypto Market Ads for The Better Advertising System with Blockchain Technology

The Crypto Market Ads for The Better Advertising System with Blockchain Technology

The use of the internet requires that everyone around the world is connected quickly and easily. The purpose of the internet is now increasingly widespread with the availability of various digital platforms to facilitate human interests. All things now can be done quickly with a digital system. It is also offered at a very affordable cost. However, is it actually like that?

The development of various platforms with cryptocurrency since 2017 leaves multiple problems like a fraud. This is a challenge for digital platform developers to improve security. The use of cryptocurrencies is the application of technology to facilitate the payment system.

The development of the digital platform requires everyone who has the interest to use rules that are tailored to the platform. The role of digital platforms was developed to solve several problems that occur in traditional systems. All developments include improvements to the security system and user comfort. Every aspect of its development prioritizes the interests of users.

CryptoMarketAds is also developed as a digital platform to facilitate access in the digital advertising field. Some of the problems that often occur in the previous market are related to the high cost of applying crypto advertising. CryptoMarketAds platform will provide financing related solutions to Crypto advertising more efficiently. It will offer benefits to anyone who joins the ecosystem.

Some users also think that crypto marketing is overpriced. That may be controlled by several factors that can influence it. CryptoMarketAds will make crypto marketing with an extensive and costly network. The use of the platform can help everyone to reduce marketing costs for various things to be widely known. The current challenges are also related to the difficulty of finding influencers.

The use of digital platforms means that it can be accessed by anyone in the world. That also makes scamming increase uncontrollably. Some digital assets need to be maintained with a high level of security. The security system must also be updated to keep user assets safe. So, CryptoMarketAds brings challenges to the digital market to build new platforms as a solution to the problems that have occurred so far.

 

What solutions That CryptoMarketAds Provide for Better Transaction?

With various problems in the advertising market, CryptoMarketAds provides the best solution with democratic and decentralized crypto ads and marketplace. CryptoMarketAds will be a platform that is ready for every challenge given to the digital market. The platform can be used to bring crypto bounty hunters, influencers, and publishers together. CMA will be presented with various features that are adequate for the crypto world with a sound security system.

CMA offers features that support digital transactions such as forum signatures, social channels, website & ICO listings, Email Newsletters, Marketing services, Blockchain services, and Advisers. Every feature that exists will help you to get the best experience in the field of advertising. You will also get the speed of transactions with a platform built on blockchain technology. Full features are also added, such as advisers to help you in several action options.

CMA is built on market demand for crypto advertising and marketing. Currently, a significant exchange is needed to maintain a high volume of purchase orders. The developer realizes that user needs are essential and need to be fulfilled. Every step that the user needs to go through to be able to use the ecosystem will be facilitated. Exchange can be safely carried out on the blockchain.

Ann Thread: https://bitcointalk.org/index.php?topic=5123256.0

Website: https://www.cryptomarketads.com/

White Paper: https://www.cryptomarketads.com/CMA_whitepaper.pdf

 

What are the Benefits for Advertisers?

CMA was established by providing benefits for each party involved. Every user who joins the ecosystem will get the best experience in transactions. Now, launching an advertisement is a precious thing. Even the cost calculation is based on duration per second. That will undoubtedly make swelling when repeated impressions are needed for your ad.

Problems also occur when influencers are not in place. You will find it harder to expand your ad. At present, CMA comes with advertising and marketing services for any budget. It will happen more affordable so you can choose to advertise the products or services you have. The use of the platform also allows all crypto influencers and publishers to be in place.

CMA will facilitate advertisers by meeting you with all crypto influencers and publishers on one platform. That will make it easier for you with more economical costs. The CMA platform is also equipped with escrow and protection against fraud. Transactions that you do are very safe. You do not need to worry about the possibility of fraud and various harmful acts of fraud.

 

What Benefits Do Publishers Get?

The platform provides real benefits for publishers. It will be given the lowest cost ever. This feature is undoubtedly new to CMA. Costs being the main factor affecting the advertising market today will be handled with very low financing. This is the main feature that can make you switch to using CMA to publish your ad.

The payment system also affects the speed of transactions. CMA is built on a blockchain and will use cryptocurrency for every sale made on the ecosystem. That will undoubtedly support the fastest payment in this industry. You don’t need to use a third party to complete payment. The use of tokens will provide the quickest payment service for everything you do.

CMA will also present targeted crypto market advertisers that will make it easier for publishers. Every service that CMA offers will have a good impact on every user. Publishers will get the best experience on the platform developed by utilizing blockchain technology. Every available data is also guaranteed to be safe without fraud.

 

What are the Token Features of the CMA Ecosystem?

CMA tokens will be utility tokens that will be used as the only payment option on the market. This will make the token highly liquid. Token purchases can be made at ICO. You can visit the website to be able to participate in sales. As the only payment option for each service, you need to get it when you join in the ecosystem.

CMA token holders will also have unique access to every service they have. You can get several facilities in the ecosystem. Each token holder can also make transactions at any time in the ecosystem. It will help you make deals more comfortable and get exciting features offered by the CMA platform only for you. CMA tokens are also used by the advertiser to pay for advertisements and any services that exist in the ecosystem.

You need just one step to participate in the IEO. You can visit the website and send your email address. By clicking on the list, you will get complete information about the IEO.You can change 1 ETH for 22888 CMA. Your participation will help to engage in transactions actively. The use of ecosystems can save advertising costs and at the same time, provide benefits with various features offered.

 

How Does It Work?

You must be curious about how CMA works to provide the best service for everyone who participates. With blockchain technology, every data you enter into the ecosystem will be very safe. It can also help transactions quickly and reliably. Several steps are needed so you can participate in every service provided. Here are some steps you need to go through.

  1. The seller must register for himself on the blockchain of goods and services, along with the product or service that will be sold to the ecosystem
  2. The seller selects the marketplace that is desired to sell goods and services owned
  3. Before all this, the market must have parameters for every item and service received. This can also be used as a standard for validating every product or service that will be offered.
  4. Sellers of goods and services are syndicated into the chosen marketplace
  5. When a product or service is sold, markets will earn markup they have set for their native tokens or playing blockchain coins
  6. Payments will be made by the ecosystem by converting to tokens owned by the seller. When possible, it will become the leading blockchain cryptocurrency
  7. All payments to sellers are accepted as playing blockchain coin

It’s easy to participate in an ecosystem built on blockchain technology. The procedure is made simple so that anyone can participate easily. The platform also offers a high-security system because it is related to digital assets owned by users, both sellers, and buyers of goods and services. All of that can be obtained at the lowest cost so that you can avoid cost overruns.

 

The ICO Platform for Marketplaces

ICO is held to achieve the suitability of ecosystem development and its utilization for ease of transactions. When the CMA ICO hard stamp is reached, the ICO platform for the market will be built along with the market builder. This will undoubtedly provide an opportunity for users to create ICO on newly established markets and collect further development and marketing funds.

In the end, users will use the CryptoMarketsAds market for various purposes such as advertising, marketing, and various other services offered on the ecosystem. The ICO platform will provide all necessary information for rapid ICO manufacture and execution so that the issuance of tokens on the blockchain for sellers (goods and services) and the market can be resolved immediately.

The CMA market will be used as ICO marketing. That means it will connect all decentralized applications to the primary blockchain internet ecosystem. The use of the platform can also be done for all users everywhere. You can participate easily and comfortably on a secure blockchain technology platform. The development of a decentralized platform will certainly make it easier for you to transact without worrying about various adverse things.

 

Turn Immediately To CMA For More Affordable Services

CMA provides solutions for better advertising in the future by utilizing blockchain technology. With the existing problems, CMA offers the best solution that benefits every party who joins. CMA considers all challenges to building crypto market platforms. That will help anyone with many goals, such as:

  • Promotion or offer marketing services

You can make your contribution with various products and services that you can make to assist with marketing. You can do that by joining the ecosystem and selling your services. Besides, buyers who need your facilities will also be facilitated by your presence in the ecosystem. Transactions can be made directly on the platform.

  • Provide consulting services

Consultation is required to service products or services related to advertising. In the ecosystem, you can provide consulting services so that it will help everyone about advertising and also help everyone to be able to make the best decisions. That will help users maximize services in the ecosystem.

  • Buy services related to existing crypto projects or new ICO

Purchasing products and services can be obtained easily. In addition to the services and products offered by the seller, you can also participate in the ecosystem to have the latest experience regarding participation in the ICO. It will also help you participate in developing ecosystems with blockchain technology for secure transactions.

CMA provides the best solution for a healthy and active safe market. That will help users to have a lot of income by taking advantage of opportunities in the crypto market. Everyone on the market will need income from every content they have, websites, forum activities, videos, webinars, email campaigns, and other services provided.

The use of utility tokens also encourages a secure and fast payment system. That will be used as an application of cryptocurrency for platforms that adopt blockchain technology. The technology ensures that every transaction you make is safe. The data you provide is also very safe, which will be stored in the block. Blockchain technology has been widely adopted for digital platforms because of its ability to handle transactions safely.

The CMA platform will be the safest platform to transact with a decentralized system based on the application of blockchain technology. You can get services at affordable prices. Besides, you can also participate as a seller of products or services with a safe and straightforward procedure. Immediately join the ecosystem to get the best experience in transacting on digital platforms.

Ann Thread: https://bitcointalk.org/index.php?topic=5123256.0

Website: https://www.cryptomarketads.com/

White Paper: https://www.cryptomarketads.com/CMA_whitepaper.pdf

Social Media:

https://twitter.com/cryptomarketads

https://www.facebook.com/cryptomarketads

http://t.me/CryptoMarketAdsOfficial

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Introducing Migranet As The New Method for Immigration with the Digital Platform That Uses Blockchain and AI

Introducing Migranet As The New Method for Immigration with the Digital Platform That Uses Blockchain and AI

Migranet is one of the platforms developed to facilitate the immigration process for migrants throughout the world. This platform was designed with a mission to create a global community that is a place for migrants, travelers, and processing systems formed in a standardized, automated immigration ecosystem.

The Migranet platform will be a system that provides facilities for migrants to carry out the migration process. The system will ensure that every transaction carried out on the ecosystem is very safe and free of fraud, free of corruption, and the costs needed are very affordable for migration or traveling. The platform is also run transparently to increase the convenience of users.

For the system to materialize by its initial interests, Migranet tries to optimize every process needed in migration. It was realized by involving artificial intelligence, biometrics, and blockchain technology. The combination of these technologies will increase speed, accuracy, authenticity, and accountability for a global scale migration system.

Migranet uses utility tokens for each migration service available on the platform. It aims to reduce the involvement of third parties so that migrants do not need to have bank accounts. The application of blockchain technology is also expected that the platform can be run transparently and fairly in full for each service provided by the ecosystem.

Migrants will offer a transparent and automated migration system so that the current inefficiency of migration practices marginalizes no more immigrants. The traditional method that is currently being implemented is getting worse along with globalization, population, size, and the number of immigration that continues to increase.

In the end, Migranet will empower individuals to be able to use the right of every person from birth to explore the world safely and reliably. Everyone is born the same, but not all can explore themselves. The limitations of a comfortable place to live must be abolished to bring justice to every inhabitant of the earth.

Ann Thread: https://bitcointalk.org/index.php?topic=5124821.0

Website: https://migranet.io/

White Paper: https://migranet.io/wp-content/uploads/2019/04/Migranet-Whitepaper-v.1.1.10.pdf

What services do migrants offer?

As the first platform in the world to provide smooth migration with Blockchain and AI technology, Migranet offers several service features that can be done. Migrant ability is undoubtedly supported by professionals who are experts in their respective fields. That will produce a platform with solutions to problems with migration. Following is the service there is a Migranet Platform.

  • Migranet will be present as a place of credentials by utilizing AI. An assessment will be carried out to provide options for immigrants where possible from an appropriate host country. A professional opinion can be obtained without costs.
  • When migrants successfully choose the country and agree to process the application using the Migranet platform, the fees for services are $ 500 for migration and $ 150 for applications. Payments can be made through MIG tokens with an amount equivalent to USD. After that, the form will be entered into the Visa office.
  • Migranet has selected law firm partners throughout the world who should process cases such as appeals, family class application asylum, and other situations that require legal intervention.
  • Biometric-based refugee IDs will be provided by the Migranet platform, which will then be stored on the blockchain so that the IDP’s identity will be safe, confidential, and cannot be fertilized. Identification on a biometric basis can also help host countries with resettlement residents.
  • The safety of refugees can also be ensured by maintaining a real identity. The given biometric ID will not include the official name, date of birth, and country of origin. Instead, it will only be an encrypted hash.
  • Verification by credentials can be realized with AI technology so that it can accelerate the resettlement of migrants in the host country.
  • Migranet is a value-oriented organization, so it will create a Migranet Charity Fund after the platform has become operational. Some of the benefits will be used to help migrants who experience difficulties during the migration process.
  • In the future, Migranet aims to build 75 offices worldwide to help migrants with applications, fiat currencies to MID conversions in online customer service. Currently, Migranet will start by creating an office in every major continent, namely North America, South America, Europe, Asia, Africa, and Australia. Migrants embassies on the six continents will also be built so that they need offices to operate with the embassy’s mandate.

So the goal of Migranet is to build facilities that are useful for migrants in obtaining safe housing. This solution also serves to reduce the crime that migrants often experience such as fraud. Migrants will become a trusted platform for organizing the migration process globally.

Why establish Migranet as a Migration Platform?

Developers realize that migration is a fundamental part of life throughout history in the world. Today, with globalization and increasing world links, immigration seems to be one of the characteristics that occur. For hundreds of years ago scholars and policymakers have studied the reasons behind and the effects of migration.

Some knowledge of migration illustrates the complexity, dynamism, and different relationships between development and migration. Immigration is essential for many households and individuals as well as a challenge for the economy. In 2017 migration was adapted from the UN sustainable development goals and the Global Compact on Migration on the first UN adopted in December 2018 before the Heads of State and Government of all UN member states.

According to data from the United Nations, there are around 258 million people who have migrated from their home countries and currently live in other countries. This amount is approximately 3.4% of the population globally. The number of tests has increased by 2.8% since 200 and is expected to continue to increase dramatically for the next few years.

There are several problems behind the benefits of globalization, such as immigration processing fees and different travel policies between countries. Policy makers also understand the importance of migration and realize that migration can produce development. But still, movement is not an easy thing to do.

The increased population continues to occur along with the prosperity of economists and welfare when people from other countries settle in a country. This gives two implications. Namely, migration is the key to reducing poverty, and on the other hand, immigration tends to have a stagnant economy. That is what causes movement to be still a topic that is misunderstood and provides several problems in various fields.

Initiatives for the integration of national migration policies have not even produced results. This is related to policies that make economic migrants such as tourists, international workers, and students and non-economic immigrants such as refugees to be harmed. They are exploited by a system of migration that is corrupt, fraudulent, and expensive.

Countries that are said to have good immigration policies also have some shortcomings in their systems. Some developed countries even have closed-door policies for immigrants with low skills. Some migrants who have successfully entered other countries are also often exploited and experience rights violations.

Global demand that continues to experience changes in labor is also supported by academic, corporate, or professional development, terror, and war. The world government must be able to divert their resources and attention to assist refugees who bear the most significant burden.

This requires better methods to provide disadvantaged populations with health care, quality education, and decent living. The world must work together to achieve the goals for the welfare of all people in the world by carrying out four pillars, which include migration, investment, trade, and information flow.

There are The Benefits of the Migrants Platform for The Future Immigration

Migration has a two-sided effect on the global and national economy. Migranet is developed with the same belief as to the SDGs that state that the benefits of movement far outweigh the disadvantages. Besides, every person who migrates usually has the opportunity to seek excellence or get a better life. Here are some benefits of migration.

  • Migration can increase the host’s economy as a start. This can be done by supporting the calm of the host work to encourage investment and growth.
  • Migration can also help overcome challenges caused by an increase in an aging population in developed countries.
  • Migration can also have the potential for inter-country money transfer transactions. When someone works abroad, they will send money to their home country so they can contribute to the economy.
  • When human populations experience growth, it is also comparable to market growth. Migration is a global market that can provide benefits for the country.

The Migranet platform understands that migration has a good impact on the country. This makes Migrants provide facilities to facilitate the process of migration between countries globally. The application of blockchain technology and AI can support the accuracy of decision making for immigrants to choose a country to visit or make a place to live. Of course, this service requires a fee, but the amount spent is far more affordable than the traditional migration process.

 

What are the Costs to be Paid for Getting Services on the Platform Migranet?

You need to know that every transaction on the Migranet platform requires you to use MIG Tokens. Each service will have a related transaction fee. The fees provided by immigrants will be direct income for Migrants. The service costs pegged are far lower than the prices required to pay for financial institutions at this time.

Low costing makes migrants reduce costs and increase profits. Migrants will be able to benefit from the distribution characteristics using a safe, fair, and efficient blockchain. The use of architecture from smart contracts will also make transactions can be done more quickly.

The cost of using the Migranet platform for 0.5% of our transactions includes automating the traditional migration process and the consequences of monetary transactions throughout the world. The following are the costs needed for processing immigration through Migranet:

$500 for permanent residency

$150 for visit, work, and student permits

$250 per person for assessment of refugee credentials, Blockchain IDs and Bio-metrics (where the government, UN, or NGOs are clients)

You can receive services through the Migranet agent, which is available 24 hours a day, seven days a week. The best services will be provided by the Migranet Platform to provide convenience in the migration process. The purpose of eliminating the complicated and full-fledged migration process can be reduced by utilizing a transparent blockchain technology platform.

How to connect with the Migranet platform?

You can do this only in a secure way. First, when you are interested, you can join the Initial Token Offering (ITO) which will end on August 15, 2019. You can get detailed information through web pages or social media from Migranet. That will make you connect to the platform as the Token holder. As you know, tokens become cryptocurrency for each service contained in the ecosystem.

You can register when you want to migrate through the official Migranet webpage. That might require some of your data. But you can calmly give it because every data you provide will be safely stored on the blockchain technology platform. The information you provide will also be encrypted in the form of a hash, and that is also confidential.

After you enter your data and other details, then let the AI work. It will give recommendations on which country you are suitable. Certain conditions can also let you enter the country you want, and then an assessment will be made. When you are ready to use the platform, you need to make payments for services.

After you choose what services you need and make payments, you will get the application. Leave the rest on the platform to manage your migration documents. That can be resolved immediately. You do not need to use traditional methods that may take a lot of time and costs. An easy way is now available with the use of blockchain and AI technology.

The Result

The Migranet Platform comes to complete problems related to migration globally by realizing the positive impact of immigration for the country. Utilization of blockchain and AI technology is intended to provide the best service to improve transaction security and accuracy for recommendations on destination countries for immigrants. The platform provides very affordable service costs and is much cheaper than the expenses required for traditional services.

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The Revolution of IP Industry Via Tokenization in Colletrix Platform with Blockchain Technology

The Revolution of IP Industry Via Tokenization in Colletrix Platform with Blockchain Technology

Blockchain technology development to increase transaction convenience still leaves a variety of performance evaluations. The current transaction has led to digitalization, so everyone must prepare themselves for technology transfer. The opening of opportunities for the use of technology began since the internet can be accessed by everyone to get information from various parts of the world.

Everyone everywhere can be connected so that they have eliminated distance with faster communication. At present, the use of the internet is no longer limited to providing information but providing value. This is evidenced by the many platforms developed to meet human needs every day. One of the fastest growing platforms is the e-commerce platform.

The existence of e-commerce makes the need for a payment system that is integrated with the platform. That is what makes third parties the solution to making payments, but it requires time and money, so it is less effective. The level of security in transactions also needs to be questioned. The development of blockchain technology is also one of them to overcome the problem of payment.

The blockchain technology platform is presented to provide a payment system that can eliminate third parties. This makes transactions can be done more quickly. For data security, there is no doubt, and blockchain technology uses a decentralized system so that it can make every data secure with strict access rights to transaction data.

User trust can be built with a high transparency concept so that transactions can be known in real time. Most of the platforms that are currently built have switched to using blockchain technology because the features they have can help users to transact more safely and comfortably. Each user can also utilize blockchain technology to get profit from every transaction made.

Ann Thread: https://bitcointalk.org/index.php?topic=5138397.0

Website: https://www.colletrix.com/

White Paper: https://www.colletrix.com/wp/en/ColletrixWhitepaper_20190517.pdf

The Cryptocurrency in Colletrix Platform with Blockchain Technology

When you are used to using blockchain technology in transactions, you are already familiar with the term cryptocurrency. The use of cryptocurrency has been introduced since the emergence of bitcoin. That is also one of the right methods to speed up the transaction process. The concept of cryptocurrency is a digital form of fiat currency commonly used in real life.

The concept offered by Bitcoin has received a good response in the digital market. It also continued with the emergence of Ethereum as a significant cryptocurrency that developed. Payments on most blockchain technology platforms have also used the cryptocurrency concept to make it easier for every user. Colletrix platform also provides a cryptocurrency-based payment system for transactions.

Purchasing cryptocurrencies for the Colletrix platform can be done before making a transaction. It will make it easier for you to run transactions with smart wallet and contract usage. CIPX is the name for the cryptocurrency that runs on Colletrix. CIPX purchases can be made with well-known digital currencies such as Bitcoin and Ethereum. CIPX will be used as payment for all transactions in the Colletrix ecosystem.

Not only when you make a purchase, but every service you get on the platform will also use CIPX. The liquidity level of CIPX also needs to be increased so that the value becomes stable. It must be proportional to the flow of transactions that occur in the ecosystem. The amount of CIPX issued is also limited to ensuring that tokens are liquid at all times.

 

Who Participates in Colletrix Platform?

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Website: https://www.colletrix.com/

Everyone can participate in the Colletrix platform with several roles. Every role that is owned will make each user have a different contribution too. Roles that affect transaction liquidity include IP Owners, Merchandisers, Collectors, and Holders of CIPX. Colletrix is a unique platform to give the original IP owner access to opportunities to provide a lifetime license.

Each role will be connected when a transaction occurs in the ecosystem. The IP owner will be included in the unique NFT that is owned so that it leads to the secondary market. Merchandisers will determine what items can be traded in the ecosystem. Users who have a role as a collector can obtain merchandise with unique characteristics.

Every merchandise available in the ecosystem is a unique luxury item that can be customized. It can be adjusted to the owner of the IP. The authenticity of the product will also be maintained with the use of the blockchain technology concept so that product history can be known. Purchasing merchandise can be done using CIPX. An important role is also needed by CIPX owners to be able to provide tokens to users who need them.

Can a user have multiple roles? Yes, that might happen. Someone might be able to become a CIPX collector and supervisor. That depends on how users transact in the ecosystem. In essence, every person has an essential role in the sustainability of the ecosystem so that the more users who transact, the better the level of liquidity of the ecosystem will be.

 

What did the IP Owner do on the Colletrix Platform?

The IP Owner will obtain a lifetime license service that can be done through the adoption of NFT. The design and unique works of each IP Owner will be included in the NFT list that is owned. The NFT Marketplace will be a secondary market that might be created by this concept. Giving a lifetime license is also the best service so that the IP Owner will continue to be known for his work and allow him to get results from practices that are made forever.

Giving gifts to IP owners will be worth a fixed percentage of the NFT price made by the IP owner. The specified trading price will be generated from all NFT trades on the NFT Marketplace. Each NFT will be related to the Specific IP associated with merchandise. Demand from users will increase when IP is added, and the popularity of merchandise increases.

When collectors are interested in merchandise that has IP made by IP owners, the trade will become more active and intense in the NFT market. This will also increase the volume of CIPX trading at the same time. The increase in NFT sales volume will be comparable with NFT sales. That would be very good for increasing transaction liquidity in the ecosystem.

What Are The Merchandisers Do?

The new trading model will bring more benefits to traders by increasing the volume of profits. The incorporation of NFT also provides an original introduction to the uniqueness of products to be able to collaborate cross with different IP designs. The new concept encourages merchandisers to be more productive in producing works that can be traded on the ecosystem.

Merchandisers will have the opportunity to make only sole merchandise through the provision of IP licenses with NFT holders. That’s where unique merchandise will be located, and not everyone can have the same serial. Each NFT will be used on a limited basis to produce merchandise.

Certain limitations of the use of the NFT aim to protect IP owners. This concept will be attractive to collectors throughout the world. Everyone with a hobby of unique items with limited inventory will certainly like this business concept. Everyone can have the opportunity to own it by utilizing the development of the application of blockchain technology.

The concept will also help open new sales channels in the online market in the industry built on blockchain technology. NFT can prove product authentication through blockchain technology. The evidence can be done with historical records and the authenticity of goods through the blockchain. This is easy to do when containing NFT information so that it can provide more benefits for the merchandise.

 

Platform Attractiveness for Collector

The addition of popular IP designs is undoubtedly the main attraction of the integration of the world’s first crypto-physical products. The NFT presented with unique merchandise will be the main attraction for collectors. It is not limited to NFT collectors, but it can also be used for collectors of merchandise. This can happen because the NFT and merchandise have a limited amount.

For demand to be competitive, the offer will be limited. It can also increase high prices on the market. Popular IP designs that are represented by NFT can become new collector items for fans. This concept is presented with blockchain technology to provide full support for digital projects.

Active trading and NFT purchases drive high liquidity from CIPX and popularity. Blockchain-based technology will help provide audit trails so that it supports historical ownership. It will also include information about trafficking and ensure collections are real and inadequate for collectors.

The Benefits of the Colletrix Platform for CIPX Holders

Every part of the ecosystem will benefit from each transaction executed. IP owners will be more famous in their participation in the ecosystem. IP owners will combine their designs through publishing NFT and merchandise through the Colletrix platform. Collection of CIPX collectors and fans will continue to be added to increase demand.

CIPX will be used as the main currency as the tokenization of IP that is applied in the ecosystem. Besides, CIPX will also be used for collection and trading on the platform. CIPX Token holders can certainly participate freely in the IP economy because each transaction will require CPIX in exchange.

Increasing the number of owners of IP in the ecosystem will have an impact on the more merchandise and NFT generated on the platform. The increasing number of merchandise will help attract more consumers and collectors. This will have a great impact to increase the demand and expansion of the ecosystem. Each participant will place CIPX as an essential aspect of daily life.

The Mission of the Colletrix Platform Development on Blockchain Technology

The creation of new market values with the integration of IP tokenization will be an innovation from the use of blockchain technology. By introducing the NFT, the merger of the old economy and the new economy will be implemented. The period of making the license will also be extended for the IP owned.

Every trader participating in the ecosystem will be offered physical commodities that are run through the blockchain application. It can maximize attractiveness and provide more benefits from their products. The NFT involved can predict the interest of collectors by providing access to the crypto market. This will lead to new business opportunities similar to the creation of a franchise.

The Colletrix platform will be one of the first to inspire the mass transformation of economic integration in the world. It is time for the digital revolution to have a positive impact by increasing profits for everyone who participates in the ecosystem. The use of digital media must now be able to provide value so that it is not limited to information.

A world with a new economy will be realized by maximizing benefits for everyone. It will begin with IP and the creative industry. The industrial revolution will occur when IP owners can retain the rewards of proper licenses obtained by applying blockchain technology. Colletrix platform will develop the best concept for the realization of blockchain technology for the new economic era.

 

What is the Role of NFT as a Solution Offered by Colletrix Platform

Every purchase of physical goods will make the customer receive a unique private key embedded in the communication chip. This key can give the owner the possibility to redeem merchandise using the unique ERC-721 Token. The ERC-721 Token is a technology used in the platform to visualize unique and new digital assets.

The NFT that has been visualized will be a new and mapped asset class. That would be related to traditional merchandise. After it is successfully redeemed and traded independently, it can be returned as a digital asset. This innovative technology will restore luxury to conventional luxury goods and develop market value as a digital asset.

When the amount of NFT issued is strictly limited, it will be associated with merchandise. That will make merchandise very popular and has high trade value. The innovative technology view will bring the NFT to develop its market as a digital asset based on physical products. You can join to get a new experience with the adoption of blockchain technology in the new economic era.

Ann Thread: https://bitcointalk.org/index.php?topic=5138397.0

Website: https://www.colletrix.com/

White Paper: https://www.colletrix.com/wp/en/ColletrixWhitepaper_20190517.pdf

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