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(The all conquer-RING)

The Dilemma

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Meet Felix Brainstrom. Mr. Brainstrom is a portfolio manager and he has been trading in the traditional financial market for decades but his first foray into the cryptoworld was quite intimidating. He has heard of Mt. Gox and NiceHash but the lure of the cryptoworld was simply too tempting to resist. He knows that cryptocurrency is the future of finance and commerce and he was right. His portfolio grew by leaps and bounds but he could not trade with ease as several problems are nagging him.

He has a sizeable account but since it grew, it has been posing new problems. He has simply too many wallets to manage, costs of transaction has increased, payment gateway to purchase cryptos are severely limited, wallet security was a major concern. He also wished that he could trade with his peers and that would eliminate a lot of unnecessary expenses and he could not do it with the conventional tools.

Overcoming Traditional Hurdles

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Being a frequent trader, transaction costs and transaction speed makes a difference between profitability and loss. The issues highlighted by Mr. Brainstrom has its merits and for a sustainable system to operate it has to be revolutionary, responsive, versatile and feature packed. If there is a platform that resolves these complications, Alttex is the forerunner.

In today’s world speed is crucial and being on the move, Alttex being a mobile platform is a much friendlier tool than a desktop or a notebook.

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What is Alttex

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Alttex is a universal integrated mobile platform which combines the different wallets and allows for trading in various cryptocurrencies with speed and with less hassle. Whilst we are grappling to understand what nodes are and how the blocks are being mined the market has fluctuated countless of times and that does not augur well for both a trader and an investor.

Alttex is revolutionary because it introduces the following features:

• Mobile Crypto Exchange (AltDex)
• Crypto Messenger (multiple chats, group chats) )(AltMessenger)
• DPos Consensus Algorithm (speeds up transaction for verification of transactions)
• Marketplace
• Peer to Peer
• Increased Safety (AltSafe)

The following white paper will give a good idea how Alttex will change the way cryptos are transacted. Alttex White Paper.

Benefits of Versatility & Speed

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The basic premise for each successful platform is its userability and its ability to integrate with existing systems to introduce speed and safety to its users. This is achieved by allowing purchase of cryptos through various bank cards. The management of any crypto account can be kept simple, functional and effective.

The white paper introduces a viable mechanism how the above promises can be delivered.

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A Normal Transaction

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Coming back to a normal transaction, one would require to fund his account before the purchase of cryptos can be carried out. This purchase can be through and credit card or debits cards and various cryptos can be purchased without even the need to choose turn on the desktop or notebook. It can all be operated through our everyday device which we carry with us daily.

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Since everyone is on the move everyday, the need to constantly communicate with other traders and friends is quite indispensable and there is the AltMessenger. Security is boosted with the Push Notification whereby the status of the user's wallet can be updated based on the wants of the user.

Of course, after a successful day of transaction, there is the part on rewarding oneself by buying the latest gadget or everyday apparel through the marketplace.

The Appeal

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In short the viability of this platform rests firmly on the integration of multiple technology in a simple platform and making it functional as a mobile application. There is no evil is this 'Ring that Rules Them All' but there will be ease of use and increased profitability. So it is a good ring after all.

Originalworks sponsored writing challenge

alttex2018

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