Spotcoin is a platform that is made to bridge the gap between the financial markets & the emerging digital market. Spotcoin is focusing on making a digital asset management tools & will develop an interface that will allow the customers to derive the full benefits of the smart economy.

Spotcoin is developing an entire digital asset which is a management toolkit for the users. The platform will provide the access to the various digital asset markets, over-the-counter trading (OTC), mining and payments. The platform has their own payment method known as "Spotpay." This payment method provides an easy, fast, cheap & convenient mode of the transaction on the platform using the digital assets.

The Spotcoin toolkit is composed of the ground base or from the root which integrates the entire digital assets of the ecosystem, which is simplifying the total experience of users.

The Spotchain is trying to cultivate a relationship with the regional government so that they can make an institute for the blockchains. The company wants to open a "The BlackSea Blockchain," which will offer the blockchain research, training, and an advanced training in the entrepreneurship in the distributed ledger technologies. The platform will be using the token called NEO tokens.

Why NEO?

NEO is a platform for open source, non-profit, community-backed blockchain token platform which aims to create a different & distributed network "Smart Economy." NEO has also incorporated the digital identities in their network which makes its network, and any tokens which are built upon it, to make it ideally suited for satisfying know your customer (KYC) and anti-money laundering (AML) requirements. NEO founder aims to work with the existing legal procedure & framework bring the real world assets into the digital world.

NEO's been looking to achieve its target by 2020, of the transaction of 100,000 per second.

DIGITAL EXCHANGE

The problems which are faced by us on the traditional platform are:-

• Limited fiat liquidity

• complicated

• Lack of transparency

Spot solve the following problem:-

• The exchange is supporting regional fiat currencies.

• Simple user interface

• Quarterly audits.

Simple trading:-

Bitcoin has become a standard trading pair of digital assets due to the high cost of another blockchain. The fee can charge up to the 20BTH per trading which is relatively really very expensive. The platform will provide the four ways of trading

• GAS

• ETHEREUM

• BITCOIN

• SIBcoin

Quarterly audits:-

As the NEO is planning for the 100,000 transactions per second by 2020, the spot coin will account the four accounting firm for quarterly audits whose result will be displayed on the website. The platform is planning for the transaction data for both fiat & digital currency.

Spotpay:-

Transparent fee

All the fees & transaction will be displayed to the buyers & sellers platform will do no unpleasant or manipulation. Transaction fee will be charged according to ongoing value. The platform will transparently follow an entire transaction system.

API & payment widget

The platform is coming with the powerful, well documented & secure method of digital payment API. The platform will even work with some major shopping cart or online platform so that it can allow the merchants to enable spotpay click button.

Conclusion

The platform has been launched in the market with a unique & creative idea for the blockchain. The platform is even trying to develop an institute dedicated solely for the blockchain, where people can learn about the blockchain & can research further on the blockchain about how it can be more secure & how people can get attracted towards it. The platform is well connected to a lot of other blockchain exchange which is a benefit for user & company is trying to contact with other exchange as well.

More information on the project ( Spotcoin ) please visit their website listed below:-

 WEBSITE: https://www.spotcoin.com/

 WHITEPAPER: https://www.spotcoin.com/whitepaper.pdf

 ANN THREAD: https://bitcointalk.org/index.php?topic=3173859.0

 TELEGRAM: https://t.me/spotcointeam

 FACEBOOK: https://www.facebook.com/spotcoin/

 TWITTER: https://twitter.com/therealspotcoin

Author: Dulaj Dilshan

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2053287

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