THINKCOIN: Secure Trading Ecosystem Based On the Blockchain Technology
Financial security is one of the most important securities in the world. People work hard to maintain a standard of living. Earning more so that they can afford the services they always wanted. Banks and financial institutions have been a great source of help for people around the world. The banking institutions are centralised in nature and operate as the authority for the financial transactions in a country. People rely on them for their financial needs. And, they have been here for centuries. But, in a transaction concerning two persons, they are the third parties who act as the bridge and charge high fees for their services.
With the introduction of blockchain technology, a new wave of decentralised financial revolution is taking place in the world. Hundreds of projects have been launched in the market who are aiming to change the traditional financial system. Investment opportunities have found a new path for the people. One of the biggest challenges in the cryptocurrency world is the lack of diverse financial products for the people. This creates an opportunity for the development of many new financial services for the cryptocurrency world.
Solution offered ( https://www.thinkcoin.io/)
THINKCOIN has created a multi-asset trading platform based on the blockchain technology. A P2P Model, where people can trade directly with each other and the trade settlements will be easier and faster. The recording and execution of the trades will be done automatically using smart contract technology. Removing intermediaries and the brokers from the trading world would be the ultimate aim of the platform. Increasing person to person trading activity on the THINKCOIN ecosystem will help in creating a diverse economy.
Digital Personas will be created for each of traders and investors on the platform. A structured margin lending model will be created, which allows qualified margin lenders to offer their services on the platform. A connect fee is charged on the platform for the implementation and maintenance of the network and infrastructure of the TradeConnect economy. Multiple cryptocurrencies, such as BTC, Monero, and Dash will be supported on their Digital Wallet. Liquidity, instant settlement, transparency, asset-backed token and multi-asset exchange are a few of the many features of the platform.
Smart contract based trade matching takes place on the platform without any third party. There is also the option of trading with your Friends list in which you can choose to directly trade with your personal friends. Third party and brokers can participate on the platform to provide liquidity.
ICO INFORMATION AND TEAM ( https://www.thinkcoin.io/)
500,000,000 TCO Tokens are created for the project in which 60% is reserved for the ICO. The Pre ICO is currently live on the platform until 14th May 2018. The main ICO will start on 15th May 2018 and continue until 25th May 2018.
45% of the funds are utilised for the user acquisition and marketing while 30% of the funds will be utilised for the TradeConnect development. The team working on the project is an experienced group of professionals who are determined to create a transparent trading platform.
Conclusion
Cryptocurrencies have emerged as the alternative to the traditional form of currency. The interest and market capitalisation of the cryptocurrency has been on the rise in the world. Giving people an opportunity to trade on a transparent and secure platform is the ultimate aim of the THINKCOIN. They will be launching their services in multiple countries in the coming years. They will be applying for the license in multiple countries, such as Singapore, Japan and USA.
Forming partnerships with the companies and like-minded people for the growth of the platform is an important part of their strategy. They have years of experience in the financial world and many of the products developed by them are still used by many people. They also won the prize for best Forex Trading experience in 2017. What do you think is still missing on the platform? Are you ready to trade?
To know more visit:
Website: https://www.thinkcoin.io/
Whitepaper:https://docsend.com/view/qgyaq2y
ANN Thread:https://bitcointalk.org/index.php?topic=3077146.0
Author
Bitcointalk Username : Nurfi
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1926473
Eth Address : 0x683c5B0d35e28D3e4938c815C8f476D7d38e5B2a