Qurrex: a new level of development of crypto-exchanges

The company which intends to become # 1 among stock exchanges got into the field of vision. The name of the future giant is Qurrex.

Qurrex is a multifunctional hybrid cryptographic exchange based on a platform with a decentralized blockchain protocol in which, in turn, there will be a centralized exchange gateway. Such symbiosis makes it possible to create a new generation platform - this will establish new quality standards in the market and increase the confidence of professional traders by increasing market liquidity. According to the plans of the developers, by 2020 their product will press all existing trading exchanges and will take the leading positions in the market.

Problems of modern exchanges

It is necessary to understand what "jambs" have modern exchanges (including decentralized ones):

• There is no proper protection of personal data and safety. Hacking, stealing money and databases: unfortunately news feeds are full of similar headings.
• There are no simple and at the same time fast-using APIs.
• Low transaction speed (both in the input and output of funds). Here we may include delays in the performance of transactions during trading.
• There is no transparency as such.
• There are no direct and fast gateways for communication and an operative response in case of any problems.
• "Hangs and brakes" in the terminal.
• A meager set of tools and trading pairs.
• No mobile applications for easy trading with smartphones and tablets.

The essence and idea of ​​Qurrex

The trading platform Qurrex is a hybrid multifunctional system that includes the following components:

• The centralized node. By its functionality it surpasses many modern traditional exchanges.
• Tool package for the client. There is a "Gentleman's set" capable of satisfying the most experienced trader.
• Blockchain. Due to this technology, the issue with commissions (the consequence of the absence of intermediaries) is solved, security is increased, and also provides the user with aggregated liquidity including from a centralized platform.

Well, let's understand what the developers intend to conquer the market:

• Stunning functionality that will satisfy the demands of any trader. At the same time, all this will be offered in the public domain which means that the company is customer-driven and transparent.
• Technical part. Here it is worth noting highly-protected and high-performance network architecture. As an addition to this, we attribute the availability of payment gateways for transactions.
• The idea of ​​the site itself. On the platform, there is an opportunity for proven resources to provide their services and products (most often tokens) for sale. Inside the site, all trading operations are performed at the expense of the platform token.
• Favorable and functional interface which supports a multilingual version of the site and, more importantly, user support in different languages working constantly online.

How Qurrex Works

The basis is a scheme in which there are two types of nodes: centralized nodes and independent nodes.

CEX (centralized pools) takes on the role of a pool of liquidity - due to it the load in the network is smoothed.

In the same way as independent nodes, these nodes send data to the cluster of blocks and work on common rights. Also, CEX is used in depositing and provides additional opportunities not related to trade.

Decentralized nodes (DEX) in turn are independent liquidity pools. They make a search and exchange of their own applications, the most beneficial to them.

It goes without saying that when you trade all the information is recorded in the blockchain. At the same time, the throughput of Qurrex is almost 70k transactions per second which negates the lags and "brakes" in performance even with the simultaneous connection to the platform of several million traders. Such characteristics elevate the site on a par with the NASDAQ, NYSE, and other stock mastodons. Trade is not 100% decentralized even through independent nodes. The fact is that real assets are used to replace tokens. The same scheme of work is used on the BitShares cryptographic site where instead of the US dollar a bitUSD token is used.

Roadmap

As the developers have big plans, there is still much to be done. The roadmap outlines the steps until 2019, the main ones are:

• February-April 2018: conducting the ICO.
• June 2019: accreditation and obtaining a license from the Commission for the Supervision of the Financial Sector of Luxembourg. At the same time, there will be a launch of the trading platform and its integration with payments.
• September 2019: expansion of the platform functionality (functions of copying transactions and other).

The developers say that such a large gap between the launch of the platform and the collection of funds due to the high technical complexity of creating the platform. Everything will take almost 12 months of work (assuming that they have correctly calculated everything).

The project team

The creation of the future crypto-giant in the exchange of assets is a group of professionals with extensive experience. By the way, the company itself Qurrex Ltd. already registered in the Cayman Islands. This adds weight to the piggy bank of the project and talks about the intention of the guys to bring the matter to the end. Of course, the team is the strength of the project. At the moment it has more than 15 people: programmers, masters, marketers, engineers. But that's not all. They are helped by a team of professional advisers.

Partners

Qurrex is also all right with this. KYC Legal, Bancor, Wings, BlockStarter, and others have signed up for the platform.

ICO Qurrex

At the moment there is a public sale on the official website __. The Token of the future project will be called QRX. The emission is 70 000 000 QRX. A total of 55 million coins will be sold. The proceeds from the sale will go to finance the development of the project.

Summary

Thanks to customer-oriented and unique idea, Qurrex has all chances to become one of the leading gateways for working with cryptocurrency exchange. But we must understand that the competitors do not slumber. OAX and Pecunio are also developing in this area. This indicates the prospects of the niche and it’s still free market.

By Qurrex, the only stumbling block is the great complexity of development and the long terms for its development. Many investors are deterred. Nevertheless, crypto-enthusiasts highly appreciate the qualification of the team and express their interest in further development of the project.

To learn more about the details of this project, as well as to participate in the purchase of platform tokens, visit the official website https://qurrex.com/ and read the whitepaper: https://drive.google.com/file/d/1klzZPHdjCBnurHCJjJbjwsed_5rx4W1U/view

Author Cryptozond: https://bitcointalk.org/index.php?action=profile;u=1190894
ERC-20 wallet: 0xE09319CEB0C8cf2029e27F85E1Bcb1159c63aF8e