cryptocurrency

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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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?

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

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

https://twitter.com/colletrix

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

https://t.me/colletrix

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Let’s See How Migranet Work with Blockchain Technology and Artificial Intelligence for Solutions to World Migration

Let’s See How Migranet Work with Blockchain Technology and Artificial Intelligence for Solutions to World Migration

When you need information about which country is suitable for your place of residence. Or you might feel that the country you live in is not ideal for you and your career? Then you need a system for immigration. You might need a professional to find out which country is right for you.

The next question is, how can you be sure of the professionals you meet? Do they give the right advice? You may need more than one professional to express their opinions. But what about when every professional provides a different answer? Of course, that will be a new problem for you.

Migration is synonymous with your readiness to go through a complicated and time-consuming process. Isn’t to mention the costs needed for the procedure in Migranet platform. Do you believe that there is currently a solution to overcome migration with the use of technology? You will also be faced with a decision-making system using the basis of artificial intelligence.

It is not impossible that technology has an essential role in helping you achieve your needs. Systems with logic made by experts and outlined in the form of technology will have a high degree of accuracy. That’s how artificial intelligence was included in the migration platform. This is the first thing that exists in the world by combining AI with blockchain technology.

You certainly are no stranger to blockchain technology which has become popular since Bitcoin was created. This technology is presented with the concept of decentralization to promote transparency. That’s what makes blockchain technology in demand. Besides, the use of blockchain technology also implements cryptocurrency to simplify the payment process.

When you have transacted with blockchain technology, of course, it is no stranger to you. However, combining the blockchain with the AI is only the first time there, and you need to try it. You can consult for free through a platform to determine which place is right where you live. AI will help you by giving recommendations.

How can AI recommend that for you? That can be done by giving some of your data, such as education, work, habits, hobbies, and even data about your child or wife. That will help AI to determine the right goals. You also don’t need to worry because the data you provide will be safely stored on blockchain-based technology.

The blockchain combination with AI is done on the Migranet Platform to simplify your migration process, and it is also equipped with 100% free consultation. So when you are going to migrate or are not sure about where you live now, you can take advantage of this platform and get a place to live that suits your identity. You can also get complete information through the official website of the Migranet platform.

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

How Do Migrants Work?

You must have been curious about how the collaboration between Blockchain and AI complement each other and form a safe migration system. Digitalization has increased very rapidly, and the development of platforms to meet human needs continues to be carried out. Migrants become one of the innovative platforms to help anyone get a life that is by your passion. The following is how the Migranet Platform works.

  1. Registration Process

The first thing you can do to take advantage of this platform is by registering. At this stage, you will provide information about the professional history, country of origin, oral language, education, and other supporting information. You don’t need to worry because your information is very safe.

  1. Select

At this stage, you will see options presented from the results of the AI algorithm to process the data that you provide with the conditions of a country. You can see the possibility of potential migration based on migrant intentions. It will be based on education, work, travel, or residence chosen as a permanent residence. Besides, migrants can also select the country of destination manually when fulfilling the requirements.

  1. Application

When migrants have successfully selected the country of choice, the next step is to submit the desired status. At this stage, the costs will be withdrawn from the MIG wallet (tokens used in the ecosystem to make payments). The amount needed is $ 500 for permanent residence and $ 150 for all other forms of migration.

After that, migranet will process the application and work with the appropriate parties in the destination country to complete it. You only need to wait until the process is complete. You can also see this concept and try it through the Migranet prototype. With the trial, you can find an overview of the use of applications for migration.

The process carried out is quite simple and easy to migrate. You don’t need to stand in line or even pay unnecessary fees. You can also avoid various forms of fraudulent actions that can harm you. The full Migranet Platform gives you the convenience to migrate to a country that suits you.

 

The Use of MIG on the Migranet Platform

MIG is a cryptocurrency that is used to transact in ecosystems. Everyone can have MIG tokens as a form of participation on the platform. The total supply of tokens will amount to 850 million. That will allow more people to utilize the migration platform with blockchain technology. Purchases can be made in the ITO period as a form of the initial contribution.

The use of MIG can be done by using a digital wallet. Every transaction with blockchain technology always involves cryptocurrency. The role of MIG to facilitate exchanges can be done and has been applied to many platforms with the adoption of blockchain technology. The use of MIG tokens also makes you not have to worry about security and transaction speed.

The transaction that you did on a blockchain technology platform will use a smart contract system. Data will be stored on a secure block and only made by parties who have interests. Besides, ownership of MIG tokens becomes essential when you need the migration process. Register yourself immediately to get MIG tokens. It will be available on a limited basis to maintain liquidity.

Of the total MIG Tokens, it is planned that there will be 510 million tokens as a circulation supply. Then the sale of the token was also at $20,000,000 soft cap with $75,000,000 hard cap. The payment received for purchasing MIG tokens is ETH. Public transactions will also usually be carried out in a certain, so you need to record important dates.

The deadline for selling tokens is August 15, 2019. Date changes may occur, so you need to update the information regularly. The MIG Token will be priced at $0.20 for one MIG token. The project protocol uses ERC20. The reason for limiting the number of tokens is none other than to maintain liquidity and increase the need for tokens to transact in ecosystems.

 

Use the Secure Multi Coin Trust Wallet for Android and IOS

Good news for you because the application is available for the Android and IOS operating systems. That will make it easier for you to trade in your hand. The trust wallet will give you all the concepts you need to know in one place. That will provide several features that can represent your needs for digital transactions.

The trust wallet is equipped with a private key that is only stored locally to ensure safe use. Besides, the account is also protected by many layers of security to reduce the risk of actions that can harm the user. As an embodiment of the digital payment method, Wallet Trust will be a safe and reliable system.

Besides, the advantages of this wallet are compatible with ERC20 and ERC223 tokens so that it has full support for the Ethereum network. This system also supports well-known crypto and cryptocurrency protocols such as ETH, ETC, POA, GO, VET, etc. so that it will ensure your convenience to make transactions anytime using various currencies.

You don’t need to worry about your data because this payment system offers anonymous concepts. That will make your personal information safe because no one will ever be able to access personal information. This concept also ensures that personal data is always safe, thereby increasing the user’s trust in utilizing the Wallet Trust.

This wallet system has been supported by the exchange in a decentralized manner, ensuring that the Wallet Trust will continue to work smoothly. The collaboration with Binance DEX also provides an opportunity for you to do business instantly. The entire concept offered is undoubtedly possible on decentralized exchanges built on blockchain technology.

Dapps and Web3 support are also available, allowing you to interact with decentralized applications. The Migranet platform is ready to launch a migration service product across the world to facilitate everyone’s access to technology. Technology development will also help you continue to get positive impacts from its development, including secure and safe migration.

What is Migranet Provided for Migrants?

Migrants are familiar with the term migration with various problems and problems in the process. The presence of the Migranet platform is intended to provide a system with high transparency. It was realized with several technologies used in the development of platforms. Besides, the system also offers accuracy, accountability with a fraction of the costs needed in the traditional process.

An assessment of a migrant is carried out with an AI where the algorithm will verify credentials and ratings. This will result in the host country for immigration. For migrants to avoid malpractice, fraud, and misrepresentation, protection is carried out by implementing blockchain technology. It is a technology developed for digital system security and has been tested.

What about migrant data information? You don’t need to worry because the platform will use Biometric ID. The purpose of its use is to provide certainty for refugees by keeping their original identity confidential. The biometric ID will not include the official name, date of birth, and country of origin. It will be changed in the form of an encrypted hash. The application of Biometric ID can guarantee the safety of migrants.

Besides, the application of MIG Tokens is also one method that is done so that payments are safe and by the needs. It is a cryptographic utility token. Every migrant who needs services from Migranet requires them to exchange with MIG Tokens. To have tokens, each migrant can join the token sales event at the beginning, or obtain a token first through token holders.

 

The As Migranet Platform The One Stop Solution to Migrants

What more do you think when the global Migration platform is available before you? Development of the Migranet platform using the basis of blockchain technology and AI is the best solution for global immigration. The concept of AI found on the platform can help you find the right country to live in.

Migranet is also presented with experts in their fields to produce professional assessments to provide the best service for platform users. The use of blockchain technology can ensure the security of the data you provide. It will all be stored on the locked block safely. Not just anyone can access it unless they have the authority.

The use of smart contracts also helps protect migrants from various actions that can be detrimental. The contract will be made based on the concept of implementing blockchain technology for better digital transactions. The platform also offers a more affordable payment system by avoiding credit card usage, high conversion rates, delays in the transfers, and high banking fees.

The use of MIG tokens makes each transaction more comfortable and faster. Cryptocurrency on blockchain technology platforms is beneficial for the implementation of the payment system without involving third parties. It also makes exchanges quickly resolved without requiring verification from other parties. All of that can be carried out transparently and can be seen in real time.

Migranet Platform provides the best solution for every problem that occurs in immigration. When you don’t need to be afraid of fraud, irresponsible agents, and malpractice, you are also faced with the fact that the cost of managing this is very affordable. So why should you wait to immigrate to the country that is right for you?

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

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Posted by: kurniawan05

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