ThinkCoin
Think-coin is a virtual token applied within P2P trading platform called Trade connect. The aim of trade connect is to use the modern security of block-chain, to allow consumers to safely seal any financial asset in the universe. With Think-coin trades are settled in moments not days. Trade connect will allow users to deal every asset with other dealers anywhere in the planet. It uses a hybrid dealing model where dealers are processed off the chain but recorded on chain applying smart agreements.
What difficulties Does Think Coin Seek To Solve?
Think Coin seeks to solve each and every one of the problems in present’s economic asset trading marketplace:
• There is a lack of elasticity, making it tough to move trades and gather the individual needs of each trader
• Lots of intermediaries boost prices across the industry, building credit and financial threat
• There is a lack of cleanness between traditional broker models
• Settlement takes too much time; legacy institutions can take a week to verify transactions
How Does Think-Coin digital Asset Trading Work?
Think-coin goals to solve the issues listed above by making a statement of the art P2P trading platform called Trade connect. This will enable the dealing of any kind of financial asset on the planet.
Trade connects customize tool will allow institutions and individual to trade directly will all other, leading to a smooth playing field where everyone can trade as equals. With the platform, all deals are identified on the block-chain that means settlement can be done in moments, not in days or weeks.
The trade connect system will resolve across the use of Think-coin explained as the virtual trading token that works under the Trade connect system. Applying Think-coin you can trade FOREX, shares, commodities and any other financial things peers in an easy and user-friendly way.
Think-coin is listed below the symbol of TCO. You can buy token during the platform's Pre ICO and ICO sale. They are selling tokens in exchange for fiat money and digital assets. After the TCO sales, tokens will avail to buying from diff crypto exchanges.
The Aloha Trade connect is planned to be released on Apr 2018. By the end of the year platform goals to have previously got approval to manage as a licensed exchange in the US. By Jul 2019, the platform aims to hold an IPO ( yes, it is IPO, not an ICO).
How To Use Think Coin
Here is the basic procedure when exchanging virtual assets on the Trade Connect network applying Think Coin:
- The market creator offers an agreement and the market creator takes the agreement
- Trade Connect matches creators and takers jointly, then executes the deal
- The offline deal is saved by a relay, with 75 percent of the Trade Connect charges allocated to the creator and taker refund pools
- A self-governing oracle determines to succeed or loss
- A smart agreement mechanically settles the deal between the creator and the taker (50 percent of the Trade Connect charges goes to the market creator, 25percent to the market taker, and 25 percent to the Trade Connect system)
For further about the platform visit:
• Official website: https://thinkcoin.io
• ANN: https://bitcointalk.org/index.php?action=profile
• Whitepaper: https://docsend.com/view/5rxxi9c
my bitcointalk name – shans
my bitcointalk url – https://bitcointalk.org/index.php?action=profile;u=1281298