The Architectural Description Of The QURREX Platform In The Cryptocurrency Exchange Industry

oliviaholt56 (37)in #bitcoin • 6 years ago

The world of cryptocurrency is well known about the blockchain technology. The blockchain technology is a significant invention of modern science and technology in the online digital ecosystem. The blockchain technology made the world of cryptocurrency more trustable and secure place more than before. We can now invest and trade cryptocurrency easily in a beneficial way in the online digital ecosystem of the cryptocurrency industry. Now different platform are appearing everyday in the online digital ecosystem. Most of this platform are creating tokenize cryptocurrency. As a result the cryptocurrencies are growing up day by day. As the online working importance user of this crypto currency need to exchange crypto with one to other cryptocurrency. The online ecosystem got different exchanger which is making exchange of cryptocurrency. Most of this platform is based on the blockchain technology and decentralized technology to maintain their exchange work. This exchange platform are also creating tokenize cryptocurrency for use of their platform. The QURREX platform is one of this platform but unique.

The QURREX is a highly secure and high performance hybrid architecture cryptocurrency exchange platform. This platform is the first hybrid cryptocurrency exchange in the online digital ecosystem of the cryptocurrency industry. The QURREX is integrating industrial infrastructure of traditional stock exchanges with decentralized network. This platform is combining a centralized industry platform with a decentralized blockchain protocol where centralized exchange will serve as one of the nodes. This platform is providing unique feature which is helping this project become one of the gateways for the mass entry of professional stock exchange players into the crypto economy. We can know more detail about this platform form from their website. The QURREX platform’s web site link is https://qurrex.com/. The QURREX is a tokenized cryptocurrency platform in the online digital ecosystem. The QURREX token is already created by its team with smart contract. We can know more about their token from their white paper which is released already and open it for public. This platform’s white paper link is https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view.

The architecture of the QURREX platform:
The QURREX is the most secure and professional first hybrid cryptocurrency exchange platform in the online ecosystem of the cryptocurrency industry. This platform is based on the blockchain technology which is integrating industrial infrastructure of traditional stock exchanges with decentralized network. It is a hybrid cryptocurrency exchange platform because of it is only platform which is combining a centralized industry platform with decentralized blockchain protocol for the first time in the online digital ecosystem of the cryptocurrency industry. This platform’s architecture’s explanation is given below:

Matching: This platform’s matching system is responsible for running the register of live orders and reporting. The Matching system is working for the trading live orders register as well as gives trading reports.
Risk engine: The risk engine is a module. It is responsible for verifying sufficient collateral for order displayed. This module verifies all the order which is displayed in the trading platform and makes sufficient collateral.
Market data translation service: The QURREX platform is giving market data translation service. This module is responsible for translation of market data. This translated data is so important for the trader who is exchanging cryptocurrency in this platform.
Post trade system: This platform is giving post trade system opportunity to their trader. This system is contour harness responsible for non trading operation. This system work before trading in this platform.
Trade control: The trade control is a bid administration module. It is enabling management of all the system’s essentials.
Report system: The report system is a important module in this platform. The report system is giving opportunity for drawing up account as well as storing operations history.
Client compliance system: The client compliance system is a important module for the clients of this platform. This system is using for registering clients as well as their identification.
Non trading orders system: The non trading order system is a important module for non trading orders. It is carrying out non trading operations form this platform.
Clearinghouse system: The clearinghouse system is a secure node on this platform. It is responsible for cryptocurrency supply and settlements. This node is so much important because of without cryptocurrency supply as well as settlement trading is not possible.
Settlement system: The settlement system is a important system for this platform’s architecture. This module is using for settlements as well as supply of assets.
Blockchain gateways: The blockchain gateways are also a important module for settlements with the blockchain network. The blockchain is the key advantage of this platform’s trading system. The website link is https://qurrex.com/.
Fiat bank gateways: Clients of this platform are so important. The Fiat bank gateways are making settlements with clients bank which is making cryptocurrency transfer more easy and comfortable.
Cold storage: The cold storage is a secure storage of crypto assets. The cold storage is a separated encoded contour of nodes.
Data feed: The data feed is a important service in the QURREX platform. it is providing streamed information of market data.
Authorization balancer: The Authorization balancer is a load sharing node. It is sharing load between exchange gateways and it is also responsible for authorization within the system.
Token over view of the QURREX platform:
The QURREX is a tokenized cryptocurrency based platform for the cryptocurrency exchange in the online digital ecosystem of the cryptocurrency industry. They already created their tokenized cryptocurrency with smart contract technology. The website link is https://qurrex.com/.Their token is ERC 20 standard token. The name of the token is QRX. They have supplied total 70 M tokens and for sale 55 M. This platform’s token sale rate is 800 QRX = 1 ETH which is fixed. The pre sale token of this platform is 17 M and sale period is 27 February to 7 March. The minimum contribution or pre sale is 10 ETH and bonus is 10% for 10+ ETH, 20% or 30+ ETH and 40% for 150+ ETH. They will accept ETH, BTC and LTC cryptocurrency only. The QURREX platforms total 70 M tokens 78.6% will be allocated to the crowd sale. The bounty fund will be allocated by the 4.3% of total tokens. They will allocate 6.4% of total token for loyalty program. They will allocate 3.6% of total tokens for pre ICO investors. The team will be allocated by the 7.1% of total tokens. The QURREX platform’s crowd sale distribute will be occur as flows: