Who Are Cybertrust?

in #internet7 years ago

Founded in September 2014 in Luxembourg, Cybertrust is an innovation that will remove all the legal issues and barriers to bring financial institutions and blockchains together. Cryptocurrency has grown over the years with the speed of light while native financial institutions have sat on the sidelines. Cybertrust is going to provide a legitimate and simple way to bring institutional investor capital to crypto markets via crypto asset securitization, which would work on the current legal, tax, compliance and IT framework.

Cybertrust are going to open doors for the investment by converting old investment funds into crypto assets like Global Crypto Notes, which are legitimate and transparent from a compliance and legal perspective.

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Currently, Cybertrust is going through a Pre-Sale round which is going to an initial token offering close round and pre-ICO which would be followed by initial token offering in December 2017. After the Initial token offering phase, its native token CABS would be listed on C2CX and other crypto exchanges. In Q2 2018 Global, crypto notes will be approved for clearing and settlements via regulated bank acting as agent.

Cybertrust plans to use all the net funds to further develop their platform. They plan to develop CABS and set legal and technical standards in the crypto custodial services. After sometime of the full launch, they are planning to add more offices to their network starting with Zurich office for institutional sales, which would be followed, by an office in London for trading and research. Final offices for the current plan include an office in Tallinn for IT/Blockchain and Shanghai for trading desk and sales.

For business development, cybertrust has a plan for all the departments that it is going to work on in a year. They are going to use 34% of the funds on legal and regulatory, 22% in hiring and salaries, 20% on IT infrastructure, 14% on business development, 5% on operational costs and 5% on miscellaneous improvements and development.
The main advantage of using cybertrust is that it is going to regulate the purchasing of crypto, which is currently taking place via unregulated exchanges. Users can purchase the native cybertrust token called CABS, which is an ERC-20 standard base ethereum token. CABS is the way to convert digital assets intro crypto securities via a cybertrust. When CABS and users digital assets combine, they create Crypto Derivative whose value depends on the value of the underlying asset, such as commodity, currency, or security.

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Crypto derivative is a regulated form of user’s digital assets that are tax-free and risk-free clearing and settlement. Normal crypto assets are secured using private keys, which are stored in crypto wallets that need investment to secure them properly both digitally and physically. With cybertrust users don’t have to worry about their private key because cybertrust stores them in an offline crypto vault supplied by Xapo in a hyper-secure, ex-military bunker in the Swiss Alps. Additionally, users would be provided with a detached hardware deep storage space, which would be used to store all privacy-related keys. This security aspect of CyberTrust makes it a very good alternative to raw crypto and is a better fit for institutional investors.

Some other uses of cybertrust include the inheritable asset holding. This means that you can give it up to someone else after you in case of any change in your position. Cybertrust provides clarity on tax impact according to regulatory and judicial oversight. Cybertrust allows users to feel relax about their assets without having hassle because cybertrust has one of the most impeccable security systems in the world. Only users have the ability to connect to their private keys and no one else can access them because the server in which they are stored is practically offline.

Crypto derivative is going to provide an opportunity to settle in fiat inside traditional banking system. Compatibility of the crypto system with traditional banking system has been a headache of the investing world for a while now.
With the dawn of Cybertrust that barrier would finally be broken which would change the way investments work in cryptocurrency world.

Cybertrust is expected to fully come online in Q2 2018 with additional services to come online like other derivatives and synthetic products. Currently, CABS can be exchanged with Swiss Francs and Euros. They do not accept USD. Cybertrust provides users with an ability to earn a profit while using the system. It allows users to earn a profit on sale or asset management of new financial products. Another important aspect of cybertrust is that to hold CABS user don’t need any type of wallet unless they want to withdraw then ERC-20 will do the job.

How does it work?

Cybertrust works in a very simple way. Users have to create their accounts with cybertrust while complying with their KYC and AML requirements. After the setup of the account, the user can edit their security settings. When necessary settings are complete, users are able to deposit their cryptocurrency assets to the network, which would allow them to buy CABS token. Once CABS is in users account they can use CABS to join an open securitization pool. Cybertrust works around user’s cryptocurrency.

The ITO *

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Important Links *

If you would like to participate in the Cybertrust ITO.
A link to the Cybertrust whitepaper.
My Ethereum address: 0xD9e835E886E4257F775c83F54f332d0a07E9eA83

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