ALLSTOCKS NETWORK: CONNECTING THE TRADITIONAL FINANCIAL WORLD TO THE CRYPTO-MARKETS

in #bitcoin6 years ago

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The blockchain is an undeniably ingenious invention that has evolved into something greater. By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology. Bitcoin has been called “digital gold,” and for a good reason. Blockchain technology is like the internet in that it has a built-in robustness.By storing blocks of information that are identical across its network; the blockchain cannot be controlled by any single entity and has no single point of failure.
Blockchain Technology is an open, decentralized technology that is used to record and store transactions using digital blocks. In a decentralized network like Bitcoin, every single participant needs to do this job. This is done via the blockchain- a public ledger of all transaction that ever happened within the network, available to everyone. Therefore, everyone in the network can see every account’s balance. Every transaction is a file that consists of the sender’s and recipient’s public keys (wallet addresses) and the amount of coins transferred. The transaction also needs to be signed off by the sender with their private key.
Within a cryptocurrency network, only miners can confirm transactions by solving a cryptographic puzzle. They take transactions, mark them as legitimate and spread them across the network. Afterwards, every node of the network adds it to database. Once the transaction is confirmed it becomes unforgeable and irreversible and a miner receives a reward, plus the transaction fees.
Essentially, any cryptocurrency network is based on the absolute consensus of all the participants regarding the legitimacy of balances and transactions. If nodes of the network disagree on a single balance, the system would basically break. However, there are a lot of rules pre-built and programmed into the network that prevents this from happening. Cryptocurrencies are so called because the consensus-keeping process is ensured with strong cryptography.
In the past, trying to find a merchant that accepts cryptocurrency was extremely difficult, if not impossible. These days, however, the situation is completely different. There are lots of merchants both online and offline that accept Bitcoin as the form of payment. Bitcoin can be used to pay for hotels, flights, jewelry, apps, computer parts and even a college degree.
The ALLSTOCKS Network is a distributed global stock exchange platform which aims to interface with all major stock exchanges and stock brokers around the world. The platform will allow the trading of crypto tokens backed by the real financial assets that they represent. The main stakeholders in the ALLSTOCKS Network are users who wish to gain all the benefits that come with Blockchain technology and cryptocurrencies. These benefits include, low fees, secured transactions and instant transfers. To meet the need of all stakeholders, it is necessary to transition the traditional financial instruments to blockchain technology.
ALLSTOCKS infrastructure will be structured in a way that critical data will be stored on the Blockchain. The data to be stored are user balances and transactions. Decentralization of the ALLSTOCKS system is the single most important feature of all cryptocurrencies which makes them what they are. Conversion of physical assets to digital assets requires the undertaking some necessary off-chain actions of financial and legal due diligence.
ALLSTOCKS exchange platform guarantees that users can buy backed tokens that represent real financial asset which will be held in a trusted, transparent escrow account. The token’s value will always correlate the real asset’s value. They can trade backed tokens anywhere and anytime in all crypto-exchanges which in turn cuts down drastically the fees and commissions of the banks and brokers. The user can also liquefy their tokens on the AllStocks exchange platform at any given moment and receive their real assets value to their own account. ALLSTOCKS is definitely going to give existing cryptos a run for their money.
IMPLEMENTING THE ALLSTOCKS SYSTEMS
ALLSTOCKS system can be implemented with the following:
• Ethereum Blockchain
• Ethereum Mining
• Cryptocurrency Tethered Token (CTTs)
• Fiat Currencies
• Money Market Instruments
• Regulation Compliance
• Escrow Account
• AssetsExplorer
• ALLSTOCKS Network Tokens
TOKEN SALE
Total tokens supply: 50,000,000 AST tokens
Allstocks allocation: 25,000,000 AST tokens
Announcement: March 1
Public Presale start: April 15
Stage one: 625 AST = 1.00 ETH (25% Bonus): April 15 – April 30
Public Presale End: April 30
Public Crowdsale start: May 1
Stage two: 550 AST = 1.00 ETH (10% Bonus): May 1 – June 15
Stage three: 500 AST = 1.00 ETH (No Bonus): June 16 – June 30
Finish Token Distribution: July 15
Start Trading: July 31
NOTE: Go to ALLSTOCKS website: https://all-stocks.net/ for more details on the token sale
TOKEN DISTRIBUTION
Token Sale: 50%
Platform & Ecosystem Growth: 25%
Company Reserve: 10%
Team & Advisers: 10%
Bounty Program: 5%
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USE OF FUNDS
Research & Development – 30%
Marketing – 30%
Global Operations & Brokerage Interface – 30%
Advisory, Management & Other – 10%
ROADMAP
Q4 2016 – Conception of AllStocks idea & vision, exhaustive planning of the project.
Q1 – Q2 2017 – The initial foundations of AllStocks Network prototype.
Q3 – Q4 2017 – Development of Allstocks Network prototype & core platform infrastructure.
Q1 – Q2 2018 – Crowdfunding via token generation – initial coin offering (ICO).
Q3 – 2018 – Development of core platform infrastructure including API.
Q4 – 2018 – Integration of major stock exchanges & brokerage. Launch of production – level exchange platform.
Q1 – 2019 – Continuation of further global integrations, upgrades & enhancements.

TEAM
Shaul Aharon – Chairman of the Board
Elad Aharon – CEO (C0-Founder)
Oren Nataf – CTO (Co-Founder)
Kobi Aharon – CFO (Co-Founder)
Omri Shabath – CDO
Sandra Lopez – CMO
Michal Mizrachi – HR Manager
C.M AI Imran – Team Leader of Infrastructure
Oz Shabat – iOS App Development
Zvi Yamin – Android OS Developer
Irmi Hene – Financial Modelling Specialist
For more details on this project, please feel free to click on any of the following links:
Website: https://all-stocks.net/
Whitepaper: file:///C:/Users/hp/Desktop/Allstocks_whitepaper_rectified-1.1.pdf
Facebook: https://www.facebook.com/gobalstocks/
Twitter: https://twitter.com/AllStocks_ico
Instagram: https://www.instagram.com/allstocks1137/
Youtube: https://www.youtube.com/channel/UC2mcJvF9ibCOWzODfBcgFug
Reddit: https://www.reddit.com/r/AllStocksNetwork/
Linkedin: https://www.linkedin.com/company/allstocks-network/
Bitcointalk: https://bitcointalk.org/index.php?topic=3210865.0
Telegram: https://t.me/all_stocks_ico
Published by: tszone
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1742409
Ethereum wallet address: 0x684c9d1c004AB2023E1d3ae9aEb902B514B703d1

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