BITSCREENER- changing the face of finance-focused cryptocurrency.

frankiemalton (43)in #bitcoin • 6 years ago (edited)

Blockchain technology is one of the most fascinating technologies around at the current moment. Even in its early stages, blockchain and cryptographic technology has been making huge technological advancements. This means immense things for every sector, but BITSCREENER is concentrating on the financial sector, and doing so with great ease and excellence. Indeed, BITSCREENER is revolutionizing the way in which the finance and financial sector functions.
Since time began, money, finance and the issues surrounding these things have been paramount to the global and local economy. Current providers of financial services are limited and held back by their ‘paper’ status, and the continual factors of third party involvement and time and money constraints. BITSCREENER, through its blockchain technological base, will eliminate these constraints, and improve and evolve the sector exponentially and infinitely. The eradication of poor one-sided, biased and poor quality information is one of the first things tackled by BITSCREENER’s protocols. That, and the correction of unfair share distribution, a situation which affects many consumers and investors alike through the centralized current state, is eradicated. BITSCREENER also aims to tackle and improve the way in which financial information is processed and shared, eliminating the often ‘stagnant’ nature of said information, improving the speed on which information is available, and increasing the transparency and accuracy in one fell swoop. BITSCREENER, through their market research, also identified the issue of the real world vs. the crypto universe.
As any cryptographic enthusiast worth their money knows, the very nature of blockchain is one of a decentralized, transparent, simplified ledger, creating ecosystems and smart contract facilities wherever it exists. This makes blockchain technology perfect for the correspondence and noting of digital information, and indeed, perfect for the financial sector. The elimination of third party interference ensures that safety and security is of the highest factor, and human error is eliminated.
BITSCREENER in its very concept is the epitome of this concept. The innovative protocol does much to solve the issues previously mentioned, and seamlessly integrates a fully functional blockchain technology system that is easily supported by all who use it; making it a hugely viable community generated financial content system. This excellently conceived platform ensures that the ability to cohesively accommodate and consider both stock data and crypto data in one place is easily achievable through the use of their blockchain technology. This will provide traders and consumers with the ability to assess and partake in financial decisions and trading decisions in one place, decentralizing previous practises, and simplifying the process perfectly.
The information available on the platform will evolve organically with user’s participation, thus ensuring that all financial information is current, up to date and accurate to the user at the very second. This way of utilising the internet’s capabilities has long been observed in platforms such as Wikipedia, and the accuracy and popularity of such sites already speaks for itself. BITSCREENER has all the tools necessary to be become as well known and used as Wikipedia itself.
The community forum behind the protocol will also give rewards based on this performance interaction process, and the ecosystem, integrating blockchain tokens and performance related points in one healthy ecosystem. Indeed, the ecosystem looks set to encapsulate the financial worlds, and reap huge rewards and benefits for all who use it.
On as technical level, BITSCREENER operates within what can be seen as two subsystems, that of a financial data subsystem and a content subsystem. Both subsystems work together seamlessly and transparently to ensure that all information collated and collected is viable and accurate, and the content clarifies and processes this information making it viable for traders and investors. The financial data subsystems most importantly has the protocol in place to allow data collectors to extract all trading data available, efficiently, effectively and speedily, allowing the process of charting visualization to be smooth and transparent. BITSCREENER’s charting tool, easily accessed on their App and Web page, allows any user to be able to reap the benefits of this seamless process.
The App itself actively allows alert potential, meaning that all traders and users will have the fastest information available to them, all through the use of the app, and in one place. Users can tailor-make the app to suit their needs and financial interests, making the app truly personalized and effective. The Screening Tool that the App provides also offers a filter criterion, meaning that users and investors have the potential to be able to scan their interests or stocks without wading through the masses of financial data that is available globally, all within the parameters of price, volume, market capitalization, exchange, performance, order, type and age. These algorithms go a long way to ensuring the seamless nature of the BITSCREENER protocol.

The content subsystem operates beautifully within a blockchain based ecosystem. Included in this subsystem are user interfaces, allowing individuals to interact with BITSCREENEDR on many different format levels, the Community Data Manager – a conglomeration of state-of-the-art algorithms and protocols, a Content Verifier-the heart of the security of verifying the quality and content of published information. Other facilities included within the subsystem include the BITSCEENER points (BSP) – verifying any newly created content and rewarding with points that will be later converted to the next facility – the BITSCREENER token (BITX). After this, content distribution and blockchain networks are considered and assessed for use and accuracy, and the execution of smart contracts and the way in which it can be transferred.
BITX has all the appearance of becoming one of the fastest and most viable ways in which to transfer value between content providers, consumers and contributors, and of course, as with all good cryptographic incentives, the incentives for the BITCREENER platform are rooted in those of the Bitcoin mining protocol. For me personally, this transparent acceptance of the influential nature of Bitcoin will be the very thing that allows BITSCREENER to be hugely successful. One always has to look to success for inspiration, and indeed to instil success in oneself.
Above all else, the use of blockchain based tokens and actively participating in these platforms will always reap much more success and benefit than traditional fiat money based schemes. The very nature of blockchain means that the elimination of third party involvement allows for huge benefits to all participants.
Historically, the financial sector has always looked forward to increasing profit and utilising time and cost to consumer. BITSCREENER are succinctly and cohesively answering the question to the need for a financial based blockchain platform, and I for one can only see huge rewards and benefits to any who use this platform.