ATOMIC WALLET - SYNERGY OF EXCHANGE AND WALLET

idrix (33)in #blockchain • 5 years ago (edited)

It is obvious that the 21st century will be remembered forever. This is the generation of the internet coupled with the latest innovation Blockchain; the revitalizing and praised the discovery of other technologies. The importance of these advancements are so enormous that it's been adopted by many field of life.

Blockchain is not just the technology behind Bitcoin. Blockchain is a paradigm shift in the way the world will think of and use technology. Blockchain technology offers a massive shift from the current transaction and record-keeping mechanisms and can be thought of as a foundation for disruptive digital businesses, for both startups and established enterprises. Blockchain allows untrusted entities (both human and nonhuman) to undertake commercial transactions and exchange value with a diverse range of assets with the system itself bringing trust.

However, set of peoples still believe the technology is still in its infancy stage but there’s more to it than that. Upon all the enormous prospect of blockchain and cryptocurrency, their adoptions have been limited due to the flaws that still plague the world of cryptocurrency and blockchain. Among these problems are the lack of the technology to scale large amount of users leading to clogged network and increase in transaction fee. Also the problem of liquidity and security which comes from the nature of the exchanges available for trading cryptocurrencies. The stories of cryptocurrency exchanges been hacked is not new, this happens because of their centralized nature where all the activities of the exchange are being saved on their central database proning the data to hack attacks in the event of any system breach. This issue of cryptocurrency exchanges security leading to the loss of huge amount of money is really a setback preventing people from adopting the use of cryptocurrencies for financial transactions

IN THIS ARTICLE, IM INTRODUCING A CRYPTOCURRENCY PLATFORM WHICH CONTAINS A SECURE CRYPTOCURRENCY WALLET SUPPORTING MORE THAN 300 DIFFERENT COINS/TOKENS AS WELL AS A DECENTRALIZED EXCHANGE FOR EXCHANGING DIFFERENT CRYPTOCURRENCY ASSETS.

ATOMIC WALLET is a decentralised modern cryptocurrency exchange and a wallet ecosystem built around a high-performance, secure and easy to use blockchain for the entire cryptocurrency community. The platform is built with the potential to lead to radical simplification and cost reduction for large parts of many digital ecosystems, while making them more open, secure and reliable the platforms activities as well as the user’s data are stored in a secure distributed way through the high performance of the blockchain integration.

The platform provides many services that enables users to reduce the effort spent on managing cryptocurrency assets and makes it transparent and reliable. To make the platform even more convenient and useful for users, the Atomic Wallet team uses the best user interfaces and security techniques, which makes it easier to use the functionality of the Atomic Wallet platform in full.

The project is aimed at balancing the participation in the blockchain space and accelerating mass adoption. This project is focused at optimizing the trade with induction of cryptocurrency and blockchain. It is an endeavor to usher the world into a secure and reliable system. ATOMIC WALLET will secure the interests of its users in all aspects.

The brain behind ATOMIC WALLET recognizes the various efforts which has been created to proffer different innovative solutions to increase the adoption of cryptocurrency. The platform is incorporated with Atomic Swaps which is a new technology that makes it possible to exchange cryptocurrencies directly without any third party being involved. It Uses decentralized Atomic Swap to proceed with cross-chain exchange avoiding third party risks. For coins not yet supported by Atomic Swap, the ATOMIC WALLET ecosystem is incorporated with add-ons of ShapeShift and Changelly exchanges for user to instant exchange their various assets.

THE TOKEN DETAILS AND SPECIFICATION

Atomic Wallet token “AWC” is an ERC20 compatible that will run natively on the Ethereum blockchain. The token is a utility coin that will be used across the platform globally as a means of payment for cryptocurrency listing in the wallet, promotion of cryptocurrencies, swap order interface placement, to regulate service prices in a decentralized way and advocating the removal of inequalities universally. The coin will not be mined neither more will be created to increase its initial total supply of 100million AWC.

Token Symbol => AWC

Full Name => Atomic Wallet Coin

Token Type => ERC20

Network Type => ETHEREUM blockchain network

Decimals => 8

Total Supply => 100,000,000 AWC

THE ATOMIC WALLET ROADMAP.

THE TEAM MEMBERS

The sophisticated team behind the ATOMIC WALLET project does its best to bring to table various elements needed to provide solutions to overcome trading barriers offered by current cryptocurrency exchange systems as well as creating an all-in-one wallet to conveniently manage cryptocurrency assets.