HiBTC PLATFORM: AN IN-DEPTH REVIEW.

Digital currency first came in view in the year 2009 with bitcoin being the first ever created type of digital currency to the applied on the blockchain technology and its creation got massive adoption. Bitcoins paved the way for people to know and accept other digital currencies that were later created.
As hundreds of other digital currencies came into view the need for a digital currency exchange is highly vital.
A digital currency exchange is a platform, mostly in form of website, whereby digital currencies are swapped or exchanged either for another digital asset or Fiat money and the transaction comes with a transaction fee which varies in respect to a particular platform one is making use of during the exchange.

However, as millions of digital currencies came into view, more exchanges sprouted to better serve customers, participants and traders in the cryptocurrency field. And as more of these exchanges developed more problems also sprouted with these exchanges and such problems are;

• Security issues.
• Compromising of transaction and user data.
• High transaction fees.
• Efficiency is low.
• Exchange listing price is high.

Now, to tackle such problems in the cryptocurrency exchange world, a group of professionals in blockchain technology, cryptocurrency, exchange platforms and other technical know-how designed a unique exchange platform known as HiBTC, to eliminate the above problems and provide a friendly exchange platform where users can trade efficiently and effectively.

As a result of the current problems plaguing the current cryptocurrency exchange platforms, investors are limited and the ones that make use of it are never confident on how safe their funds are, but with the HiBTC platform, investors need not worry about such problems as it aims to provide the best trading atmosphere both for newbies and professional investors in the crypto world and thus expanding the growth and global adoption of the blockchain technology and its cryptocurrencies.

The traditional exchanges apply centralized business model as it's organization form but HiBTC organizational form will be a community based model so that it will be more effective in the growth of the crypto economy and also gives the community the chance to also voice out their opinions.
The team at HiBTC wo be using modern cutting edge technologies to design its platform to provide a secure efficient and comfortable cryptocurrency trading platform for its participants. In HiBTC platform, irrespective of transaction size, every participant cab efficiently achieve their investment objectives without fear of their personal data being compromised or how safe their digital assets are, also to minimize risk of losing funds, the HiBTC platform will have a professional financial unit that will be incharge of providing investors with rich risk hedging tools and good investment plans.

Furthermore, since HiBTC's vision is to create a highly transparent, fair and shared investment ecosystem the platform will issue it's own cryptocurrency known as the HiBTC Token (HIBT) it will not only function as the platform's lone digital asset but will also represent all interests and rights of the HiBTC platform.

Lastly, HiBTC aims to eliminate the communication barriers between share holders and management, and between users and companies under the current business model and to create a co-governed and shared organizational structure that will give each HIBT holder the right to participate in making the platform business decisions.

ADVANTAGES OF HiBTC PLATFORM

The HiBTC platform platform have the following advantages which makes it supercede the traditional digital assets exchange platforms, these advantages are;

• SECURITY: In HiBTC, a users' digit assets is its top priority. The platform will merge with high ranking security companies that will examine the platform codes and set up multi-layer firewalls before the launch of the platform and even after its launch in order to effectively maximize the security of user assets and data, muti-signature and hot/cold wallet separation will be used to place more than 90% assets in the cold wallet.

• EFFICIENCY: With the use of highly advanced memory coupling algorithm capable of handling up to 2 million transaction per second (TPS), HiBTC will provide its users with a financial-grade transaction framework, also the securities-level API interface will support professional trading instructions such as high frequency, GTT, GTC, FOK and ICO thereby ensuring extensive technical support for professional investors.

• RISK CONTROL: Professional investors cannot effectively reduce the risk of single digital currency spot transaction since it is uncontrollable.
  However, HiBTC will further introduce the financial derivatives based on the digital currency spot transaction with digital currency as target and not excluded to forward contract, option contract, future contract and financing of tokens, providing professional investors with efficient and wealthy risk hedging tools.

In my next article I'll broadly explain other features of the HiBTC platform and its token the HIBT, so stay tuned.

For more information on this project, see to the links below;

Website: http://www.hibtc.com/

Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf

Telegram: https://t.me/www_HIBTC_com1

WRITER'S INFO

Name: thaddaeus

Bitcointalk username: beneze

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2190968;sa=summary