Cryptonity Using Security Tools to Increase the Security of its Exchange

A cryptocurrency exchange is any system that operates on the basis of trading cryptocurrencies with other assets. Like a traditional financial exchange, the cryptocurrency exchange’s core operation is to allow for the buying and selling of these digital assets, as well as others.

Cryptonity is the combination of Crypto and Community. It’s simple but strong and meaningful, as their goal is to be an exchange that is respected by the Cryptocurrency Community

Cryptonity Plan

Cryptonity plan is to build a decentralised exchange in the future, and they want to do it with the participation of the community. That’s why they will launch a “code-a-thon” program, in which the best implementation(s) and/or team(s) will be offered a prize pool, paid in XNY.
Like their own Blockchain, they will start working on it as soon as possible, once they are done with their ICO. Their users will be updated with the details on Cryptonity.

The Collaborative Interaction with the Users

It is more than natural for Cryptonity to involve their users in the evolution of their platform.

Cryptonity will have various communication channels open to interact with their users.
Cryptonity will make sure to respond to our users’ requests as promptly as possible.
Cryptonity want their community to get involved in the evolution of the platform, in terms of features to be developed, coins to be listed, and so on.
A “Feature Request” function will be implemented for users to submit the features they would like to see on the platform.

Cryptonity is Aiming to Build their own Blockchain?

The Cryptonity Token (XNY) will run natively off the Ethereum Blockchain.
Cryptonity is planning to develop their own Blockchain in the near future and they will start working on it right after their Token Sale is finalised.
Cryptonity will keep their community updated with the progress. Community involvement will be key and a huge help for them.

The Requirements of Listing on Cryptonity Exchange

Cryptonity will charge a fixed fee to be listed on their platform. But they keep the right to select coins who strictly respect their criteria of selection, which is based on: liquidity, community support, user base, use case and credibility. including “low market cap” coins if their meet their criteria and get support from the community.
In case they are not sure about some coins, Cryptonity will solicit community feedback.
Cryptonity will enable the community to suggest coins through their “Coin Request” feature.
Cryptonity will also submit to their users a list of coins that respect their criteria for them to choose one as the “Coin of the Month”, which will be listed on their platform.
Each user can vote for the “Coin of the Month” by using their XNY Cryptonity Tokens.

Cryptonity Insurance System

Cryptonity want to be the first crypto exchange to provide to their users an Insurance. They trust their technical architecture and want their users to trust it as well.
Security and integrity is part of Cryptonity top priorities but we also know that perfection (a platform that is 100% secure) doesn’t exist. Even decentralised exchanges can have flaws.
No exchange offers a proper insurance in case users’ money is stolen. At Cryptonity they will.
Cryptonity will keep 7M of their tokens (seven million Cryptonity Tokens) during the Token Sale to ensure their customers funds.
Additionally, once the ICO is finished, Cryptonity will keep 10% of the raised funds for insurance purposes. Those funds will be put on a cold wallet alone, and its address on the Blockchain will available for check by anyone.

Cryptonity Provides more Security for Users of its Exchange

The following list of security features Cryptonity plans to implement on our exchange. Some of them will be available at the launch, the others will come on a regular pace, as they are being developed.

The email for new login with IP address mentioned can be disabled.
Security secret questions and anti-phishing code.
Two-Factor Authentication (2FA) through Google Authenticator and Authy.
FIDO U2F Security Key implementation on compatible devices.
Fingerprint unlock available for Cryptonity phone apps
Automatic generation of a PDF with 2FA QR Code and Reset Key to be able to print them.

Finally

Cryptonity has plans to build serious and long term partnerships with other crypto start-ups.
They want to build an entire cryptocurrency focused ecosystem. They are already in touch with some start-ups to make it happen.

✅Website: https://tokensale.cryptonity.io/en
✅Whitepaper: https://tokensale.cryptonity.io/storage/Whitepaper_EN.pdf
✅Twitter: https://twitter.com/CryptonityEx
✅Facebook: https://www.facebook.com/CryptonityExchange
✅Reddit: https://reddit.com/u/cryptonity_exchange
✅Telegram Group: https://t.me/CryptonityExchange
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5005070

Author of the article:

✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Cryptonity provides the most comprehensive, secure, transparent and collaborative exchange platform in the market

A cryptocurrency exchange is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. A cryptocurrency exchange can be a market maker that typically takes the bid-ask spreads as a transaction commission for is service or, as a matching platform, simply charges fees.

What is the meaning of Cryptonity

Cryptonity is the combination of Crypto and Community. It’s simple but strong and meaningful, as their goal is to be an exchange that is respected by the Cryptocurrency Community.

How Cryptonity Look to their Customers

Cryptonity believes that in an exchange project, as for any other business, the customer is the king, and should be treated as a king. Cryptonity customers are the ones who use their tools, trust to keep their money safe, and thus help them build their reputation and credibility in the market.
So they deserve to be listened to and to be treated with care.

Cryptonity Mission

Cryptonity aim at providing the most comprehensive, secure, transparent and collaborative exchange platform in the market.
One of the key aspect of their project is security. Cryptonity want to provide to our users the most secure trading platform. To achieve that goal, Cryptonity will work with the best known security experts in the market, be audited twice a year by independent security companies, and communicate our audit results to all of their users. Their security partners will be mentioned on their website.
To go further in guaranteeing Cryptonity users the safest trading experience, Cryptonity will setup an insurance policy to refund their users in case of losses, due to an attack.

Will the Cryptonity develop their own Blockchain?

The Cryptonity Token (XNY) will run natively off the Ethereum Blockchain.
Cryptonity is planning to develop their own Blockchain in the near future and they will start working on it right after their Token Sale is finalised.
Cryptonity will keep their community updated with the progress. Community involvement will be key and a huge help for them.

Cryptonity Exchange Features

Security Tools

The email for new login with IP address mentioned can be disabled.
Security secret questions and anti-phishing code.
Two-Factor Authentication (2FA) through Google Authenticator and Authy.
FIDO U2F Security Key implementation on compatible devices.
Fingerprint unlock available for Cryptonity phone apps
Automatic generation of a PDF with 2FA QR Code and Reset Key to be able to print them.

Matching Engine

Cryptonity aims at providing one of the most powerful matching engine on the market.
They will support the following three types of orders:

Market Orders
Limit Orders
Stop-Loss Orders

Fiat Deposits and Withdrawals

Once Cryptonity negotiation with organisations to get the licence is done. Users will be able to deposit and withdraw FIAT currencies through SEPA and International SWIFT Bank Transfers, once their account is verified. This feature will be implemented as soon as possible.

Analysis and Strategy Tools

Cryptonity will implement a “Portfolio” feature that will enable its users to easily track their gains and losses for each trade, configure price alerts, and many other options to be detailed on the platform.
This will help Cryptonity users make analysis on their trades and build their strategies

Forks and Airdrops

Cryptonity plans to support forks but some forks/airdrops are doubtful or useless projects. They would like to let the community help them choose the right projects.
Cryptonity will implement an “Airdrop” feature to give their users the possibility to participate to an Airdrop, to get credited directly on his/her Cryptonity Exchange account, and to trade the coin or token directly on Cryptonity Exchange, when it will be listed.

Rewarding for Holding

Cryptonity aims at being one of the first exchanges to support staking rewards for their customers.
Cryptonity believes that this is actually the best argument they have to convince the crypto-community to use Cryptonity Exchange rather than any other exchange.
If a user holds Proof-of-Stake coins on Cryptonity, Cryptonity will credit his/her staking onto his/her wallet.

Finally

Building a cryptocurrency exchange is not an easy task. Building an exchange that provides a complete set of tools and features is an even more challenging ambition. At Cryptonity, they are conscious of the time, self-investment, passion and hard work a project like this demands.
But they do believe that the current exchanges, including those who have been in the market for a long time, can be improved in a lot of ways. Perfection is very hard to reach, but they strive to get close to it, as much as they can.

Author of the article:

✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

The Main Components of The Bitex Crypto-Banking Platform

Present-day financial services mainly consist of financing, investment management & advisory, trading and insurance. When it comes to trading and financing, the current financial system lacks in efficiency and transparency. The market entry complications that are facing investors and the service fees that they are charged are quite substantial, which is why some of these investors get discouraged from actively participating in the current market. Additionally, smaller investors get overlooked in favor of bigger and wealthier investors and thus, combined with the lack of trust in the markets that increased after the 2008 crisis, the global financial market is prevented from reaching optimal efficiency.

The Blockchain Technology

The blockchain is an undeniably ingenious invention, the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and the main question every single person is asking is: What is Blockchain?
The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.
By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet.

Why Bitex Using the Ethereum blockchain

Blockchain-based solutions built on Ethereum, using public distributed ledgers, cryptotokens and smart contracts offer participants a means of creating value through trusted and transparent interactions on a global scale. This structure is particularly suited for the creation of a banking platform.
At any point in time, a DApp on the Ethereum blockchain maintains the complete state of all the accounts and the transactions these invoked since the creation of the system. Such an account-based system (as opposed to a purely transaction-based system such as Bitcoin) allows for the creation of more complex interactions where accounts (representing the end users behind them) can execute and record via smart contracts a variety of irrevocable computation steps that mimic aspects of human constructs such as legal, financial or business agreements.
Various straightforward financial constructs such as escrows, disbursements, etc., can be carried out on the Ethereum blockchain in a transparent and automated way directly between the participants without the need to involve entities outside the system or rely on any centralized entity.
This lack of intermediaries and the ability to create irrevocable code to take the place of fallible human behavior and interactions allows for much lower costs, reduced transaction times, accuracy and non-repudiation. Traditional banking has much larger costs associated with providing such functions.

The Main Components of The Bitex Crypto-Banking Platform

The following subsections describe the stakeholders/participants in the Bitex cryptobanking ecosystem and the service available to or provided by each. The two main components of the Bitex crypto-banking platform are:

BitexPay, the next generation payment solution for both consumers and merchants; and
EZBitex, the currency exchange and banking infrastructure with a decentralized, distributed and immutable ledger provided by Bitex, which underpins the functioning of the entire system.
The function of each of these is described systematically in the following subsections from the point of view of the different stakeholders/users of the Bitex system.

What is BitexPay

BitexPay is the next generation payment solution for both consumers and merchants.

The Features of BitexPay

BitexPay represents the service offered by Bitex to consumers and merchants for payment of goods and services using cryptocurrencies.
Merchants will be able to accept payments in cryptocurrencies or fiat currencies of their choice.
Consumers who sign onto the BitexPay solution will be provided with ERC-223 compatible wallets that contains their cryptocurrency holdings.
Initially, Bitex will only support the following cryptocurrencies: BTC, ETH, and LTC and the Bitex Coin, XBX.
As new currencies are added to the EZBitex exchange, consumers will be informed of the availability of these via mail or social media.

What is EZBitex

EZBitex is the currency exchange and banking infrastructure with a decentralized, distributed and immutable ledger provided by Bitex, which underpins the functioning of the entire system.

The Features of EZBitex

The EZBitex platform will:

Offer conversions from crypto to crypto, from fiat to crypto and from fiat to fiat all in this one exchange.
Offer payment gateways (provided by established third parties such as Braintree or Stripe) for the purchase of cryptocurrencies using a credit card, debit card or online banking.
Host the various types of consumer wallets (Payment, Trading, Staking, Loan) associated with consumer accounts and provide the various services described in earlier sections.
Provide APIs to access the EZBitex functions to third parties that want to use EZBitex as their payment platform.
Provide Bitex-branded ATMs in locations where Bitex operates, to allow use of physical and virtual BitexPay cards as well as third party “Powered by Bitex” cards.
Offer business-to-business payments for goods and services with invoices and receipts.

Finally

The time when cryptocurrencies become first-class citizens of the digital economy is fast approaching — the question is not “if” but “when” this will happen. When that time arrives, the need to provide financial services for this emerging economy will be critical to fuel its growth. Bitex expects to be ready when that time comes by becoming the first locally embedded crypto bank.

✅Website: https://ico.bitex.global/
✅Whitepaper: https://ico.bitex.global/docs/XBX-Token-WhitePaper.pdf
✅Twitter: https://twitter.com/bitex_global
✅Facebook: https://www.facebook.com/bitex.global/
✅Telegram Group: https://t.me/Bitex_Global_Official

Author of the article:

✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Bitex Introduces its Crypto Bank to Provide Financial Services to the Cryptocurrency-Based Digital Economy

The crypto and the traditional financial markets are quite segregated for a participant attempting to cross over or move their capital from one market to the other. The segregation is a result of large transaction costs, time and money. These costs sometimes lead to the eradication of profits, and in some cases lead to losses, which restricts investors from participating in the market.

Furthermore, Market participants are always searching for ways to diversify their funds, along with rebalancing them to reach an ideal allocation of assets that fits their risk appetite. Given the lack of connection between crypto and the traditional markets, participants are either unable to move funds between different markets in a reasonable timespan or are restricted by the costs associated to do so.
The current crossover mechanism is also inefficient in terms of availability and transparency as it is only available 5 days a week and execution can take from hours to days depending on different factors, such as liquidity, day of execution, time of execution throughout the day, type of order and size of trade.

However, crypto exchanges offer only the ability to exchange one’s holdings between currencies (fiat/crypto and crypto/crypto) which serve only a small part of the financial needs of a growing crypto-economy. If commerce based on cryptocurrencies is to progress to the point of having these accepted as a proper medium of exchange for goods and services and take its place as a peer to fiat currencies, it is necessary to create new institutions that can cater for the needs that people have come to associate with financial transactions. These include the ability to store currency, exchange between currencies as needed, use currencies for payment of goods and services, automate bill payments, take out loans, etc. — in short, the services currently provided by commercial banks throughout the world.

What is Bitex

Bitex expects to be the first locally-embedded crypto bank. It aims to provide financial services to the cryptocurrency-based digital economy that is relevant and useful to the local customer base in each region where it operates, while being available globally.
Bitex will provide cryptocurrency-based banking services for digital customers through a licensed technology platform available to local partners.

Why Bitex

Bitex believes that it can make the greatest impact on society by working at the local level, and ensuring that the benefits of this new cryptocurrency-based digital economy can also be felt by those under-served or left out of the current banking system. Thus, instead of starting out immediately as a global bank, Bitex wants to ensure that its solution has a local impact.

Bitex View Point

Bitex believes that it can make the greatest impact on society by working at the local level, and ensuring that the benefits of this new cryptocurrency-based digital economy can also be felt by those under-served or left out of the current banking system. Thus, instead of starting out immediately as a global bank, Bitex wants to ensure that its solution has a local impact.
To that end, Bitex has structured itself so that its core banking platform is operated by local franchise holders in various countries/regions that comply with local laws and regulations, and understand the local context best so as to tailor localized financial services that positively impact the local economy.

Bitex Introduces Its Crypto Bank

A crypto-bank is the new institution required for this growing digital economy based on cryptocurrencies. It goes beyond the confines of a traditional commercial bank by offering services to its consumers on:

a global scale, unhampered by national boundaries, although subject to national/local laws pertaining to banking and finance.
a decentralized, distributed and immutable ledger which cannot be affected by any single point of failure or compromise.
the ability to carry out pseudonymous transactions between parties where trust is captured through cryptographic means rather than written contracts or external supervision.
include cryptocurrencies as equal partners to fiat currencies in transactions between individuals, individuals and businesses, and between businesses.
the ability to conduct escrow payments through cryptography rather than traditional, time consuming payment methods.

Why Bitex Created The Crypto Bank

When creating a crypto-banking solution, Bitex has been motivated by the need to go back to the original purpose for a bank, namely an institution that helps the economy function and grow by providing a way to manage savings, provide means for payments and money transfer, and facilitate loans. By sticking to these basic functions, Bitex believes that cryptobanks can restore the public’s faith in banking for this new cryptocurrency-based digital economy, and remove the image of greed and profit-seeking that current commercial banking has unfortunately propagated by moving into speculative assets and markets.

The Crypto Bank Services

Bitex’s crypto-banking services include:

Customer care, user experience and governance that is localized.
An ERC-223 compatible digital wallet for securely storing a customer’s cryptocurrency balances on a personal mobile device.
The ability for using the mobile wallet with a virtual debit card for payments, exchanges and transfers.
Various Point of Sale solutions (both hardware and software based) for merchants to accept payments in their local currency from consumers.
Currency exchanges between the G20 fiat currencies and various popular cryptocurrencies.
Large scale business-to-business payments.
Personal loans.

Finally

Bitex will be launched with a subset of banking services offered to customers in 8 countries (Hong Kong, India, Japan, Korea, Philippines, Singapore, Thailand and the United Arab Emirates), with plans for expanding its reach in the future. Services will be operated by local partners that license the Bitex platform as a franchise and who will register with the financial authorities in their respective countries. By working with local partners, who have a much better understanding of local customers and regulators and making available localized applications and customer support, the Bitex crypto-banking platform becomes the most accessible crypto-banking solution on the market.

✅Website: https://bitex.global/
✅Whitepaper: https://ico.bitex.global/docs/XBX-Token-WhitePaper.pdf
✅Twitter: https://twitter.com/bitex_global
✅Facebook: https://www.facebook.com/bitex.global/
✅Telegram Group: https://t.me/Bitex_Global_Official

Author of the article:

✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

The Neluns Presents Its Bank for a Broad Spectrum of Services for Physical and Legal Entities

Transferring funds in bull markets is quite hard, never mind in bear markets. We have seen the drop in crypto prices in late 2017 and how it impacted a lot of crypto participants as they were either unable to liquidate their tokens into other financial instruments or were forced to pay large fees to do so. Until recently, the worry of an inefficient exit strategy in the Crypto market was disregarded, especially when prices were soaring. As more investors, institutions, and funds started participating, it has become apparent that neither the traditional financial system nor the crypto market can establish a direct connection between the two. Many enterprises across various industries now accept and store cryptocurrency as a method of payment in order to keep up with competition and increasing demand, but unfortunately most are unable to moderate their exposure and risk.

What is Neluns Bank

It is a licensed commercial bank, officially registered in accordance with all regulatory requirements.

The Neluns Bank presents a broad spectrum of services for physical and legal entities. While all operations are available in fiat and in cryptocurrencies.

Neluns Bank Development Stages

First stage (current stage):
Neluns Bank will carry out activities combining classical banking and banking on the Blockchain.
Second Stage (In the future):
Neluns Bank, together with its partners, will transition to its own Blockchain for international settlement purposes.

The utilization of leading technologies allows Neluns to create financial products, access to which will be available around the clock from any part of the world.

Neluns Bank’ users Advantages

Neluns Bank users will have access to IBAN – personal and corporate multicurrency accounts.
Immediately after opening an account, users will be able to carry out operations in USD, EUR, GBR, as well as with cryptocurrencies.
Any cryptocurrencies and tokens traded on the Neluns Exchange can be added to the multicurrency account.
The user Neluns account will display the balance of funds in USD, EUR, GBR, as well as in cryptocurrencies (Bitcoin, Dash, Ehtereum, XEM). The remainder of new cryptoassets will be automatically displayed immediately after they are added by a user.
Cryptocurrency rates will be automatically determined based on data fed from the Neluns Exchange. Users will be able to automatically carry out trade operations, and execute transfers.
The user will have an access to corporate and personal accounts and merchantaccounts, allowing one to accept payments.
Every such user will receive a unique Merchant ID. Which will be tied to the account to which funds are transferred to by Neluns Bank users.
Holders of cards issued by Neluns Bank, will be able to pay for purchases. At the same time, payments in both fiat and cryptocurrencies are allowed. In case of payments being made in cryptocurrencies, they will be converted into fiat based on current Neluns Exchange market rates.
Neluns Bank users will be able to deposit fiat in any ATM, anywhere in the world, onto their bank accounts.
Depositing funds to the escrow account will be available from any part of the world with the help of an ATM or make an appropriate transfer.
Private and corporate Neluns Bank users will have access to a broad spectrum of loan products.

Benefits of Using Neluns Applications

Applications for iOS and Android will make it easy to transfer, exchange operations, receiving and giving out loans in fiat and cryptocurrencies (p2p-crediting) just in two clicks.
The iOS and Android applications will allow you to make all possible trade operations within the Neluns ecosystem:
- Buy and sell cryptocurrencies on the Neluns Exchange in one click
- Make an interest receiving deposit in the Neluns Bank
- Receive a loan from the Neluns Bank
- Provide or receive a loan on the P2P-platform
- Make transactions anywhere in the world in a matter of seconds.

Neluens Bank Issuing its Cards to the Users

As an issuing bank, Neluns will perform the following functions:
• Issuance of bank cards to clients.
• Authorization of payments at the request of retail outlets.
• Payment of merchant accounts by writing off corresponding amounts from the client
accounts.
• Issuing cash money in any partnering ATM’s of Visa, MasterCard, American Express, worldwide.
• Security (blocking of accounts in the case of lost cards, etc.)

Neluens Introducing Its Lending Platform

On the basis of the Neluns Bank, there will also be a platform for P2P-lending in fiat and cryptocurrencies.

Authorized users will be able to receive and provide loans to other users.
The system will automatically rank requests for a P2P-loan based on its own algorithms. Fraudulent applications, which did not pass the selection system will be rejected.
The P2P lending platform will aid users in quickly depositing and withdrawing interest in a short time frame. Users will be able to insure the risk of P2P non-return loans through Neluns Insurance directly in the mobile application.
Users will be able to receive a loan in cryptocurrency or fiat from Neluns Bank directly onto their bank card via the mobile application in a few minutes.
A User can instantly make a deposit in any cryptocurrency through the mobile application.
The issuance of loans will be available in any fiat currencies and cryptocurrencies. Loans will be implemented by crediting funds to a multi-currency account.
Among Neluns loan products, there will be various non-targeted and targeted loans, oriented towards different categories of clients. Cryptocurrency traders and funds will have access to special broker loans and margin trading.
Corporate clients will also have access to credit lines (renewable and nonrenewable), as well as overdraft-loans to cover cash gaps.
All loan products will be provided to customers in a short time and on favorable terms.

Neluns will use its own algorithms, based on leading technologies, such as Big Data and AI to select applications and verify the trustworthiness of borrowers.

Finally

The Neluns Ecosystem will become a participant of SWIFT, and will be connected to various payment systems (Visa, MasterCard, American Express, and others). Clients will have access to IBAN accounts and bank cards for carrying out international payments. The activities of Neluns will also adhere to meet KYC/AML requirements as well as counter the financing of terrorism.

✅Website: https://neluns.io/
✅Whitepaper: https://neluns.io/static/ver165/whitepaper/whitepaper.pdf
✅Twitter: https://twitter.com/TheNeluns
✅Facebook: https://www.facebook.com/Neluns/
✅Medium: https://medium.com/@iconeluns
✅Telegram Group: http://t.me/TheNelunsChat
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4694028

Author of the article:

✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Neluns Building Its Ecosystem in Accordance with all Applicable Regulatory and Legal Norms

A large number of intermediaries such as primary banks, brokerage firms and intermediary banks are usually involved in trading and financing activities, which means that high fees are being deducted from investors on multiple stages. Excessive bank and brokerage fees can be unattractive and debilitating for investors looking to access different markets.
Also the time is of extremely high value for people who engage in trading or seek financing. Unfortunately, due to having a highly centralized data processing structure in the financial world, a great deal of time will be lost, leading to loss in lead and edge. Additionally, local compliance standards such as KYC and AML are in some cases irrelevant or outdated when trying to comply with international compliance standards. Thus, causing significant complications for foreign investors who are looking for exposure to the local markets.

Benefits of Using Blockchain and Smart Contracts

Blockchain will wipe out the need for clearing houses as all data ledgering will be decentralized and transparent to all market participant, opposite to the current centralized market. The blockchain will increase security for investors by using smart contracts. These contracts will be used on the various tradable instruments in the Ecosystem to ensure faster transactions with lower costs.

Neluns Vision

The existing projects try to solve separate problems, while in general, the situation practically does not change.

According to Neluns opinion, a comprehensive approach is required. We see the solution in creating a financial ecosystem, a business model which will be oriented towards eliminating the issues of all active cryptocurrency market participants, as well as removing market entry barriers.
Neluns will achieve this goal through creating the most convenient conditions, to broaden the possibilities of current participants and open up access to the cryptocurrency sphere for a broad range of users. Neluns will become the cryptocurrency markets development catalyst.

Neluns Advantages

– Broad spectrum of banking products

The Peer-to-Peer (P2P) Lending Platform opens up access to cryptocurrency loans for a broad range of individuals. The escrow system will allow to increase ICO investment security levels, which will result in a growth of investor confidence, and thus, the volume of attracted funds.

– Unique cryptocurrency exchange

Users that pass verification will be able to carry out transactions of any scale, and fund withdrawals to multicurrency Neluns Bank accounts will occur near instantaneously. Around the clock support services will quickly resolve all user issues.

– High level of security

The Neluns Insurance company provides clients with the opportunity to insure trade and transactions. This allows for losses to be compensated in the case of an insurance event.

– Elimination of entry barriers

Clients will be able to purchase cryptocurrencies and carry out transactions in just a few clicks. Moreover, Neluns realizes the ability to pay for goods and services with cryptocurrencies, and companies will receive payments to their merchant accounts.

– Ability to make instant payments anywhere in the world

A user can top up an account or withdraw funds anywhere in the world, in order to do so, an ATM must be used or a transfer needs to be made.

– Low commissions with minimal risks

The absence of a network of branches and affiliates makes it possible to reduce transactional costs many times over, and the use of leading technologies makes them even smaller, increases security, and operating speeds. The use of Visa, MasterCard, and American Express partner network ATM’s will allow for instant cash withdrawals.

Why you should invest in Neluns

Neluns is creating an innovative financial ecosystem, combining within itself a bank, which operates with fiat and cryptocurrencies, a cryptocurrency exchange and insurance company, thus, creating conditions for the quality development of the cryptocurrency market and inflow of new participants and new capital.
This financial ecosystem will allow its users to:
• Purchase and sell cryptocurrencies in just a few clicks.
• Lead active cryptocurrency trading on the exchange.
• Deposit and withdraw funds from the system in just a few clicks from any part of the world.
• Open IBAN accounts – multicurrency personal and corporate accounts
• Release debit and credit Visa, MasterCard, and American Express cards
• Instantly send and receive international money transfers
• Store funds in Neluns deposits in fiat and cryptocurrencies earning interest
• Receive Neluns loans in fiat and cryptocurrencies
• Receive profits, from lending funds on a Peer-to-Peer (P2P) Lending Platform
• Insure any trades
• Gain profits from trading the NLS token on cryptocurrency exchanges
• Receive dividends
• Active market participants will be able to increase profits and lower risk levels

The emergence of Neluns will aid in the:

• Increased attractiveness of cryptoassets as investment objects.
• Growth of cryptocurrency use as a means of payment.
• Increase of cryptocurrency market participants.
• Inflow of new capital to the cryptomarket.

Finally

Neluns is building its ecosystem in accordance with all applicable regulatory and legal norms. Following the letter of law, and meeting all regulatory requirements will ensure the stability of the system and a high level of security.
The registration of the Neluns Bank will occur in England.Aside from this, Neluns will attain an EMI (Electronic Money Institution) license, which will allow them to conduct operations with electronic money, as well as to issue them.

Author of the article:

✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Neluns Introduces Its Ecosystem as a Complete Financial Services Solution for the Cryptocurrency Market

Why Neluns

Neluns offers users a broad pool of traditional banking services, aimed at quelling the financial needs of personal and corporate goals. While at the same time, they make available operations with fiat money and cryptocurrencies. Multicurrency IBAN accounts and wallets will allow their clients to execute exchange operations in just a few clicks.

Neluns goal

Create a gateway connecting the cryptocurrency market with the traditional financial market by creating an innovative financial ecosystem, and open access to cryptocurrencies for a broad range of individuals.

The Neluns ecosystem Components

The Neluns ecosystem components consist of three elements:

Neluns Bank – A new generation bank, presenting all key fiat banking services with cryptocurrencies.
Neluns Exchange – An Innovative cryptocurrency exchange, making secure and fast cryptocurrency trade operations of any scale available.
Neluns Insurance – Insurance company, allowing to protect any transactions and trades executed by ecosystem users.

1. Neluns Bank

The first element of the ecosystem is the Neluns Bank.

Which is a licensed commercial bank, officially registered in accordance with all regulatory requirements.
The Neluns Bank presents a broad spectrum of services for physical and legal entities. While all operations are available in fiat and in cryptocurrencies.
During the first stage, Neluns Bank will carry out activities combining classical banking and banking on the Blockchain. In the future, Neluns Bank, together with its partners, will transition to its own Blockchain for international settlement purposes.
The utilization of leading technologies allows us to create financial products, access to which will be available around the clock from any part of the world.

2. Neluns Exchange

The second element of the ecosystem is the Neluns Exchange.

The Neluns Exchange strive to become a global cryptocurrency exchange and establish itself as the foundation for a new and complex banking architecture, which does not suffer from the shortcomings of the existing system. They are creating an innovative solution, eliminating the drawbacks of existing cryptocurrency exchanges.
Instead of creating just another exchange, Neluns decided to use the “Bank guarantee” approach. Neluns Exchange user assets are fully legal and insured, they are not affected by unforeseen circumstances, faced by many existing cryptocurrency exchanges.
Neluns Exchange is an element of the Neluns financial ecosystem and is closely linked to the Neluns Bank. Exchange operations are executed in accordance with all legal norms and the trades are entirely legal. Investors assets are always connected to IBAN in the Neluns Bank and are legally protected.
The Neluns Exchange will receive a license from the U.S Commodity Futures Trading Commission (CFTC) in order to act as a clearing center for derivatives, based on the Bitcoin, Ethereum, and other cryptocurrencies.

3. Neluns Insurance

The third element of the ecosystem is the Neluns Insurance.

A separate element of the Neluns financial ecosystem, is the insurance company Neluns Insurance. On demand of the bank and cryptocurrency exchange users, it will carry out insurance coverage for financial risks, tied to trades and transactions.
Ecosystem users will have access to full and partial risk insurance.
• Full insurance.
Provides insurance coverage in full when an insured event occurs.
• Partial insurance.
Limits insurance coverage as certain insurance amounts, as well as the system of specific insured event occurrence conditions.

Finally

The use of the “Bank guarantee” principle allows us to create a quality, new cryptocurrency exchange. The combination of this principle with the use of innovative technology creates the best conditions for cryptocurrency traders and funds.
The Neluns mobile application for iOS and Androids make banking and exchange operations accessible at any time from any part of the world. While at the same time, around the clock support services will quickly resolve users issues.

Author of the article:

✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Neluns Offers Users a Broad Pool of Traditional Banking Services

Market Issues

• Limited amount of banking services.
• Limited selection of financial instruments.
• Difficulties with converting cryptocurrencies to fiat.
• Challenges in working with cryptocurrency exchanges:
o Exchanges crash during peak loads.
o Issues with registering and passing verification.
o Fund withdrawal limits.
o Big losses due to hackers attacks.
• A near full absence of cryptocurrencies being utilized as a means of payment.
• Absence of insuring trades and transactions.

All of these factors act as serious barriers, which can impose a limiting effect on the development of the cryptocurrency market, as well as the mass use of cryptocurrencies.

What is Neluns

Neluns mission

Create an innovative financial ecosystem, combining within itself a bank, which operates with fiat and cryptocurrencies, a cryptocurrency exchange and insurance company, thus, creating conditions for the quality development of the cryptocurrency market and inflow of new participants and new capital.

Neluns’ Solution

Neluns introduces its ecosystem solve current problems, limiting the possibilities of cryptocurrency market participants, limiting the use of cryptocurrencies, and as a result, impeding the development of the cryptoasset market as a whole, an innovative and comprehensive solution is necessary.

The Neluns ecosystem includes:

• Neluns Bank – A new generation bank, presenting all key fiat banking services with cryptocurrencies.
• Neluns Exchange – An Innovative cryptocurrency exchange, making secure and fast cryptocurrency trade operations of any scale available.
• Neluns Insurance – Insurance company, allowing to protect any transactions and trades executed by ecosystem users.

Neluns’ ecosystem Features

• purchase and sell cryptocurrencies in just a few clicks.
• lead active cryptocurrency trading on the exchange.
• deposit and withdraw funds from the system in just a few clicks from any part of the world.
• open IBAN accounts – multicurrency personal and corporate accounts
• release debit and credit Visa, MasterCard, and American Express cards
• instantly send and receive international money transfers
• store funds in Neluns deposits in fiat and cryptocurrencies earning interest
• receive Neluns loans in fiat and cryptocurrencies
• receive profits, from lending funds on a Peer-to-Peer (P2P) Lending Platform
• insure any trades
• gain profits from trading the NLS token on cryptocurrency exchanges
• receive dividends
• active market participants will be able to increase profits and lower risk levels
The emergence of Neluns will aid in the:
• Increased attractiveness of cryptoassets as investment objects.
• Growth of cryptocurrency use as a means of payment.
• Increase of cryptocurrency market participants.
• Inflow of new capital to the cryptomarket.

Finally

The Neluns team aims to minimize risks and build out the project in accordance with all legal norms. They are carrying out work on receiving a banking license. Neluns will comply with all FCA (Financial Conduct Authority) and PRD (Prudential Regulation Authority) requirements, which handle the issuance of licenses and bank activity oversight on the territory of the given country. The exchange and insurance company, Neluns, will also be registered in accordance with regulatory requirements.

Author of the article:

✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517
✅My Ethereum Address: 0xA009D96EFB69bC8e328d43c4d18dd9B6d7422BC8

Orbis ICO Review

Blockchain technology will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies.
Blockchain technology is likely to be a key source of future financial market innovation. It allows for the creation of immutable records of transactions accessible by all participants in a network.

Orbis Goals

Orbis is aiming to provide financial access to 3 million previously unbanked people in Latin America , Asia and Africa by 2020 with the partnership of a third party (bank) which can provide self-service accessible banking solutions.
The Orbis project will offer the chance to previously unbanked people to own a debit card, a smartphone with the Orbis Payment Mobile app, barcode and QR codes checks, through the philanthropic project financed by the companies’ profits.
The banks and the current payment transfer methods being conducted by individuals has shown many human errors that can be irritating and time consuming for clients.
The amount which a person can transfer will be limitless done in a quick one way or two way direction, preventing fraud and scams.
Orbis has designed a safe system that will be established in Orbis Branches around the world with Self-service cash machines, and virtual reality chat robots that can overtake time and human error problems.

Orbis Usage Advantages

• Customers can use their own debit/credit cards on our platform, performing real-time buy and sell transactions, or have an ORBIS debit card issued to them.
• International no-limit transfer functionality for the settlement of payments. This will include currency conversion.
• ORBIS will provide short-term credit loans in the form of credit applications to its users, issuing a bill of exchange between any parties who wish to use this application.
• Fiat currency transactions will also be possible, not just cryptocurrency ones.
• Interest will be earned in our ORBIS savings accounts by having tokens stored in them.
• Buying ORBSi tokens allows for hands-off investment, with their tokens appreciating in value on their own through the cryptocurrency market.
• ORBIS POS will allow wireless payment to be a reality for all small businesses and entrepreneurs who requires such.

Orbis Platform

Orbis unique, decentralized platform is unlike any other banking system available today, and it can be used easily by anyone of any age. Although the underlying technology may not be well-understood, Orbis see this opacity as a benefit – after all, there is no need to understand the inner workings of a mobile phone to use it!

The Platform Components

Orbis Wallet
Orbis Exchange
Orbis Coins
ORBIS debit card

Orbis Token

Roadmap

Team

ICO Details

Finally

Being able to trade cryptocurrencies between ordinary, everyday users will require a significant rethinking of what services a cryptocurrency provides.
The ORBIS system can provide this on a 24-hour basis, either online or in-person at an ORBIS branch. This will allow everyone to access the benefits that cryptocurrencies provide them, including low transaction costs, no-limit transactions, fast payment, and the removal of geopolitical barriers to payment.

✅Website: https://orbistransfer.com/
✅Whitepaper: https://orbistransfer.com/downloads/Orbis-White-Paper-2.pdf
✅Twitter: https://twitter.com/OrbisToken
✅Facebook: https://facebook.com/orbistoken
✅Instagram: https://www.instagram.com/orbis_token/
✅Telegram Group: https://t.me/orbisgroup
✅Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3844192.0

Author of article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517

Orbis Introduces Worldwide Money Transfer and Investment

As shocking as it may seem to the developed world, 40% of the world’s population, mostly comprised of population in developing countries, does not have a bank account Despite the increased adoption of non-cash forms of transactions (cards) with the volume having grown by more than 10% to reach 500 billion in 2017, the circulation of cash has increased only slightly across multiple markets during the past five years.

Orbis Target

Orbis Company will provide innovative transfer, payment and investment services using cryptocurrency tokens and block chain technology.
This technology combined with mobile and computer software, will give mankind the opportunity to make money transfers, investments and payments using our self-service machines, as well as personal smartphones and computers with internet access.

Orbis Mission

Orbis aims to provide financial access to 3 million unbanked persons across Latin America, Africa, and Asia by 2020 through partnerships with banks.
Orbis self-service platform will provide an accessible solution to these people and allow them their first opportunity to unlock the opportunities that finance grants them.
These opportunities will include debit card ownership, smartphones with ORBIS payment apps, and QR and barcode scanning.

Why Orbis

Orbis Worldwide Money Transfer and Investment will bring a brand new innovation to this market through its use of cryptocurrency.
Orbis will also develop a physical meaning for this sometimes obscure term, providing more than just a digital token with virtual services that could disappear overnight.

Market Problem

The current financial system is heavily centralized and mainly serves the interests of only a few major players.
These are the banks and financial companies that we see internationally today, which have a vested interest in maintaining their status quo.
The rent-seeking behavior of these enormously inefficient and largely stagnant corporate structures have become toxic to the success and opportunity of nearly everyone else in the world.

Orbis Solution

• The elimination of high fees and costly barriers to entry through the removal of 3rd-party intermediary services
• A significant reduction in wait times – transactions should be near-instant, not beholden to the business days and business hours of traditional brick-and-mortar banks
• Self-service and no imposed limits
• Removal of complicated paperwork and bureaucracy

Orbis Paltform Features

Orbis coin (ORBS) utility will have a stable price and will be used by customers to make payments , save and transfer with no fee their assets without the risk of depreciating or loosing.
Orbis security coin (ORBSi) will be released public to cryptocurrency exchanges and traders.
Users will be able to convert cryptocurrencies and fiat money into Orbis coins and manage them via Orbis card/smartphone apps/desktop software and in Orbis future Orbis self-service branches worldwide.
24/7 Support from Virtual Artificial Intelligence Chat Robots

Finally

Orbis team works hard to ensure this development is done right and done well. They want to ensure that once their platform is released, it lives up to their vision, changing the lives of those who use it. Orbis is also actively helping develop businesses in these places to encourage and faster economic growth.

Author of article:
✅Bitcointalk username: Erik_Smuel
✅Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2020517