First Insured Hybrid Crypto Platform in Singapore

in #money6 years ago

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First of all, all this racket of cryptocurrency has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.

Blockchain is a decentralized general ledger. Translated into our language, it is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the intelligent contracts, a piece of code that is stored in the block chain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

One of the most interesting and innovative projects that is currently breaking into this market is Calfin Global Crypto Exchange (https://www.cgcx.io/), which is a blockchain platform that offers a highly sophisticated and state-of-the-art hybrid cryptomarketing system, providing four modules on a single platform to offer comprehensive services to its customers. For ease of use, casual or new users have the option to buy or sell preset amounts of digital currency or option to buy or sell at any custom amount they choose.

The team's goal is to provide exchange and blockchain solutions, focusing on financial benefit and security for all stakeholders and, more specifically, creating platform objectives is to provide the best quality service with a wide range of products by providing innovative, secure and economical services. effective solutions for customers and expand globally to become the leading company in blockchain solutions.

The four modules mentioned above are: Crypto Exchange, ICO Listing, Merchant Solutions and Smart Contracts.

If you are interested in contribute here (https://www.cgcx.io/wp-content/uploads/2018/04/23-april-2018-CGCX-Lightpaper-new.pdf) is the link to the whitepaper in order to enter in more detail about CGCX. Another bounty campaigns are avaliable here (https://bitcointalk.org/index.php?topic=3440704) you will be redirected to their Bitcointalk page in order to start your bounty registration. If you want to know more about it, you can follow them on Telegram(https://t.me/cgcxio).

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Video Presentation about CGCX

Bitcointalk username: annaparcerisas

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1877407