Qurrex - hybrid tools opens the way to the cryptocurrency world for institutional players

Recently, projects aimed at combining the cryptosphere and the financial sphere have already begun to appear. The cryptocurrency market is constantly growing (although, like now, there are stoppages in growth or even abdications from previous positions). More and more companies from the traditional world of finances are starting to gain interest in the cryptomarket. Let’s take a quick look at what is on the market today.

The participants of the cryptocurrency sphere understand that, in order to have the opportunity to find new players, some new tools and ideas are needed. Such tools should be familiar to representatives of the financial sphere, though perhaps not the tools themselves, but rather the idea that forms their foundation.

After all, traditional exchanges work as neatly as clocks. Their software shells are checked, rechecked, and repeatedly duplicated. The speed to carry out transactions is measured in milliseconds. As for the cryptosphere, the performance of existing tools is much lower. The speed indicator for the blockchain infrastructure of bitcoin is only about seven operations per second. This is incomparable with the performance, for example, of the Visa payment system, which is capable of operating with a peak load of 50,000–60,000 operations per second.

About Qurrex

This is a hybrid cryptoexchange that combines the most successful aspects of both centralized exchanges and decentralized systems to form its foundation. The main idea is to provide cryptocurrency market participants with a reliable toolset that is characteristic of the traditional financial sphere.

The developers of the exchange are working on such elements as:

● Reliable, scalable, and accessible tools for working with cryptocurrencies and fiats;

● The ability to integrate cryptocurrency technological solutions with traditional financial market tools;

● A real-time work mode;

● Performance that is comparable with the productivity of the Visa and MasterCard payment systems;

● Adherence of the exchange’s work standards to the standards accepted on financial markets.

“As far as tools are concerned, this is one of the main issues that keep large players of the financial market from entering the cryptocurrency sphere. Existing cryptocurrency exchanges offer their own tools, the majority of which are unreliable and don’t meet time requirements,” considered Vyacheslav Baykalov, Qurrex, Eastern European Division.

EtherBTC

As is already clear from its name, the EtherBTC cryptocurrency is positioned as a cryptocoin that possesses the merits of ether and bitcoin combined, as well as Litecoin. By the way, the token has been added to the listings of a number of quite famous exchanges, and it is supported by several projects, including Blockfolio.com, EtherDelta.com, Decentrex.com, MyEtherWallet.com, and Coinomi. In the future, the creators of this cryptocurrency plan on adding it to the listings of such exchanges as Poloniex, Bittrex, or Kracken.

The project is based on the Ethereum infrastructure, which means it was developed according to the ERC20 standard. The project team is confident that the working speed of the ether system will be much higher than that of Bitcoin in the future. Just 21 million coins are planned for issuance on the market.

For the time being, the development of EtherBTC is only just beginning, so one can only speculate what awaits the hybrid project in the future.

Blockport

The interface of the exchange through the eyes of the developers
This project is positioned by its creators as a hybrid cryptoexchange. At its core is the idea of consolidating the traditional financial sphere and the world of cryptocurrency into one unified body. It is true that here the emphasis is being made not just on technology, but also on a social component. In the opinion of the developers, the cryptocurrency sphere lacks user friendliness, if one can put it that way.

Therefore, Blockport is a social platform that helps novices quickly (and unobtrusively) get the knowledge necessary to perform operations with cryptocurrencies. In addition, the participants of the system are promised the “best ideas and tools of both the financial sphere and the world of cryptocurrencies.”

The five main components of the idea are liquidity, safe and secure services, operational transparency, usability, and education. The last part, as mentioned earlier, is being given the maximum amount of attention. The exchange will be provided with a knowledge base that system participants will be able to use in order to get the information they need. Additionally, this knowledge base will be supplemented by the efforts of the users themselves.

COBINHOOD

The idea of hybridity also lies at the basis of this project. COBINHOOD is positioned, first and foremost, as a cryptoplatform that allows users to perform operations with cryptocurrency and participate in various ICOs. All of this is simultaneous.

The system charges no commissions, which makes this project unique. Perhaps this idea will be used to create other projects by other market players.

The main thing is the ability to simultaneously participate in a large number of ICOs of a diverse group of companies. With COBINHOOD, users are provided with tools that open up the possibility to track dozens of ICOs, choose the best, and invest in them in a timely manner, without forgetting to earn.

COBINHOOD also has its own token — COB. There is nothing unusual here; the creators plan to use it as a means of interaction among the project participants themselves and with the system itself.

Conclusion

As a conclusion, one could say that it is likely that hybrid tools for working with fiat and cryptocurrencies will become a possibility in the near future, which opens the way to the cryptocurrency world for institutional players who need new markets and who, for the time being and for the reasons described above, cannot begin working with cryptocurrencies.

For more information about Qurrex, visit the link below:

Website: https://qurrex.com/?utm_source=bitcointalk&utm_medium=link&utm_campaign=bounty
Blog: https://medium.com/qurrex
One Pager: https://qurrex.com/files/Qurrex_Onepager.pdf
Bitcointalk Topic: https://bitcointalk.org/index.php?topic=2899211.0
Whitepaper: https://drive.google.com/file/d/1r1RnRbUFHS1u2CY0NQ4Yo18qLvTXMW2T/view
Telegram-channel: https://t.me/qurrex
Telegram-chat: https://t.me/qurrex_chat
Facebook: https://www.facebook.com/qurrex/

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1409779