Qurrex: The first hybrid crypto exchange.
Introduction
Hi dears, another interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
For this reason, the project I am going to present you is Qurrex, the first hybrid cryptocurrency exchange that integrates the industrial infrastructure of traditional exchanges with a decentralized network.
As I said before, Qurrex (QRX) (https://qurrex.com/) is the first multipurpose hybrid exchange ecosystem of criptocurrency combining a centralized industrial platform with a decentralized block chain protocol in which the centralized exchange will serve as one of the nodes..
Goals
The main objective of Qurrex is that its solution is aimed at a wide circle of users, from investors who have just entered the market and want to acquire criptocurrency for the first time, to large brokers and institutional investors.
The QRX currency is designed to:
- be served by a specialized custody at cryptocurrency as soon as a company worthy of the trust of our clients emerges
- ensure the exchange system of Qurrex with the best international insurance companies
- offer customers individual insurance against the theft of their cryptoactives in collaboration with an insurance company
- hire an independent specialized company for the continuous supervision and improvement of the security system
- perform an additional annual independent audit of the security of our system
- make one of the key areas for the development of the Qurrex ecosystem the implementation of a decentralized part of the system (DEX) as part of the creation of a hybrid exchange..
Ecosystem
The multifunctional trading platform of Qurrex is a hybrid system consisting of a centralized node that is comparable in its efficiency to traditional modern and avant-garde stock exchanges, a client functionality that satisfies the demands of the users of the main stock exchanges and forex brokers and a blocking network that, on the one hand, solves the problems of secure storage and eliminates intermediaries and, on the other hand, provides the user with aggregate liquidity from all the nodes in the network, including the centralized platform. With this, the platform will become the first cryptocurrency exchange platform based on a high performance architecture of the main international trading platforms and the project will become an important factor in the development of cryptoeconomics, since it not only satisfies demands and solves the problems of current users of existing exchange platforms, but also creates favorable conditions for a new wave of participants, those who are currently not represented in the world of the cryptocurrency.
Advantages from other exchanges
Roadmap
| Date | Event |
|---|---|
| November 2016 - February 2018 | Development of a product prototype and hosting of a sale to the public |
| 1st semester of 2019 | Tests and launch of operations organized in the cex. |
| 2nd semester of 2019 | Expansion of the core functionality of the stock market and development of the social trading platform and launch of a decentralized network. |
Airdrop
The project gives the opportunity to earn Qurrex (QRX) tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk webpage. Here (https://bitcointalk.org/index.php?topic=3903980) you can access to the link in order to see what are the conditions to become an early QRX contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view). You can also stay tuned in their official Telegram group (https://t.me/Qurrex_bounty_chat). I hope you liked the post and soon I'll send you new ones.
Extra details
Token: QRX
Platform: ETH
Type: ERC-20
Pre-ICO price: 800 QRX = 1 ETH
ICO price: 1 ETH = 400 QRX
Tokens for sale: 55,000,000
Author Details
Email: [email protected]
Bountyplatform mail: [email protected]
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71