Blockchain.io, An Exchange with Security in Mind

Blockchain.io is a new European cryptographic exchange. Is being developed by the same team that developed Paymium, a fiat/Bitcoin exchange that caters to the Euro market. The goal is to become the leading cryptographic exchange in Europe by 2020.

Blockchain.io believes in the Internet of Value, how Blockchain technology is revolutionizing finance and creating wealth. In 2017, ICOs raised almost $5 billion in startup capital for thousands of companies. The vision shared by Blockchain.io hopes to be the next level of the evolution of the internet.

The best of these tokens were true utility tokens. Tokens that have a use within a project. That is what made them thrive in this market. Blockchain.io is no different. It's an exchange with a house currency. This is a prospect that has proven successful time, and time again. Binance, Cobinhood, and TokenDesk all have house currencies; and all them are doing well in a market with hundreds of exchanges. The house currency gives traders an alternative, like fiat currencies, to store value profited from trades.

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By February 8, 2018, there were 138 cryptocurrencies with a market value higher than $100 million. Estimates have more than 1500 functioning cryptocurrencies, and more than 5000 total tokens trying to reach investors, consumers, and merchants.

Blockchain.io is an exchange which will act as the outlet for the best of these cryptographic currencies. They are implementing a strict vetting process that will take into account sustainability, technical reports, and deep protocol reviews by a team of blockchain experts. They will also put out regular updates to inform stakeholders and traders of altcoin technical reviews and financial analyses.

Newly created tokens will be listed on the exchange to offer liquidity to investors and traders through trade and an incentive program for Paymium users. As an exchange, they will offer ultra-secure custody services with cold storage and cryptographic proof of reserve. Cold wallet access will take multiple signatures. The cold wallet private key will be split and held in multiple vaults in multiple locations. 98% of the cryptocurrency reserves will be held in cold storage. On top of that, they will conduct periodic financial audits to verify the inventory of assets. A check will be performed with every block interval leaving no room for a hacker to alter database records.

All-in-all, Blockchain.io is looking like the best new exchange to hit the market. The house token format has a proven track record. Their updated security measures will serve as a model for the most elite of platforms to emulate. They have a strict selection process for new tokens and will even have campaign support for ICOs. Blockchain.io is going to be one for the record books.

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