One of the greatest inventions in the 21st Century is Blockchain technology which has changed the order of things and brought about decentralization in every facets and sectors. The rate of adoption of cryptocurrency all around the world is so high and alarming. The advent of cryptocurrency has actually opened up better opportunities for people to take part in the common wealth created by the technology and tokenization will enable people from different strata of life to be able to share in the value created from a new protocol.
There is a new project on the Blockchain which has come to help businesses to grow in leap and bound with the help of the platform. The name of the project is called Ingot.
INGOT is an ecosystem that, with the help of blocking technology, unites the crypto-currency market with traditional financial markets, while removing intermediaries, and ensuring transparency of all trading processes. The INGOT group also organized the first trading exchange in Egypt. And with their initiative was launched Dreamtechs, which offers a digital solution for the business of its customers.
Objective:
- The ecosystem is to satisfy token stakeholders by ensuring loyalty rewards is the major objectives of the ecosystem.
- To provide an easy to maintain and profit-oriented system that helps everyone to leverage on the success of the ecosystem.
- It provides the linking between our traditional currency and the digital cryptocurrencies, just like a Two-in-One enabled solution.
The main features of the platform architecture are:
• Proprietary low-level, high-speed, and low-latency matching engine as a core of the exchange architecture.
• Market data distribution via internal high-speed and low-latency publisher/subscriber model with final delivery through web sockets.
• Persistent order and user data storage in auto-rebalanced sharded databases for optimum performance and availability.
• Four-layer root-spine-leaf architecture with auto scaling leaf nodes.
• Real-time market data and order management combined with asynchronous post-processing.
CORE systems utilizing curated low-latency network hardware equipment that can cope with hundreds of millions of orders per second across trading pairs while maintaining < 10ms latency for order response.
• Direct market access for professional high-frequency traders - exclusive access will guarantee a physically close location to Ingot infrastructure and proximity to Ingot matching engines.
• Advanced control services layer to secure fund movements (orders and withdrawals) and continual system consistency checks.
• Utilization of custom HSM and Shamir's Secret Sharing Scheme for private key and wallet management.
INGOT vision of creating an ecosystem that links financial markets with cryptocurrencies, INGOT Coin is creating an all in one ecosystem to tackle these problems. INGOT Coin will create the perfect solution that is complete, blockchain fast by offering the users of the INGOT coin ecosystem a 6 component which includes the IC Wallet, IC Exchange, IC Brokerage, IC Digital Bank, IC Certifier and IC ICO Accelerator to provide them with the much needed financial solution.
• The user of the IC ecosystem will use the IC wallet, a cryptocurrency wallet integrated into the INGOT Coin ecosystem to facilitate the sending, receiving and storage of cryptocurrencies amigo it’s users.
• The user of the INGOT Coin ecosystem will enjoy the benefits of an in-house efficient and reliable IC exchange. New ICO coins will also be listed and the users of the IC ecosystem can exchange crypto and fiat with ease.
• A user can expand investment through an IC brokerage integrated into the platform. This IC brokerage will allow users to trade crypto with stocks or community.
• An integrated digital bank that will facilitate transactions across the INGOT platform.
• INGOT is also more than a financial ecosystem as it aims to provide its users with necessary information and education about blockchain ICO and cryptocurrencies at large through the IC crypto certifier.
• Being a platform that enables continuous growth and development of blockchain. INGOT introduces IC ICO Accelerator with the aim of unlocking funding for all innovative projects by paving the way for creative visions and new ideas.
Benefits
• Easy payment means: The ecosystem will provide an easy method of payment that allows for easy profiting in business for everyone. Ingotcoin will solve the problem of delay payment which caused great loose.
• External method of payments: Just like other cryptocurrencies, will increase the payment method whose value will be properly displayed on the exchanges sites. The presence of tokens shall bring an effective token price.
• Security: By the means of security we mean that everyone in possession of token will have the high room for improvement of high gains. Such high gains can be looked on by the price. By gains, we’re looking in the direction of dividends.
INGOT team decided to choose a complex approach and destroy all available problems right in the moment of their project birthday – they initiated work which includes all parts of the puzzle. It means that their customers will be able to use:
- wallets;
- exchange platform;
- bank platform;
- liquidity pool and other important services.
Tokensale Details:
Tokens Name: ICC.
Total issued tokens: 120000000 ICC.
Soft cap: $ 40,000 000
Hard cap: $ 90 million
Public sales start: 2018-07-01
End of sales: 2018-10-10
Cost token: 1 ICC = $ 1
Token Type: Utility
Note: Softcap has already reached!
Roadmap:
Conclusion:
INGOT has the potential to be super disruptive to the existing options and change the landscape of the Blockchain based banking and exchange sector. The idea behind this project is very practical and innovative. They also have great talented team of developers and professionals.Any great Idea with talented team is always guarantee of success. They have harness the power Blockchain in business and market. It is important to mention that such kind of approach could be very useful today because we have a new trend – companies want to use blockchain. In case if a large corporation decided to change their system of work, INGOT project have much more chances to be chosen because it offers full support and all tools which could be useful
For more information, you can visit Ingot's official site and read their whitepaper, learn about the team. The links can be found below:
Website: https://www.ingotcoin.io
Whitepaper: https://www.ingotcoin.io/documents/en/white-paper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3581009
Telegram: https://t.me/INGOTCoin
Facebook: https://facebook.com/ICOINGOT
Youtube: https://www.youtube.com/channel/UCkhXGyI_piMMDMtyrYjI_IA
Linkedin: https://www.linkedin.com/company/ingotcoin/
Twitter: https://twitter.com/ICOINGOT
Author's Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1215448
Author's Linkedin Profile: https://www.linkedin.com/in/invincible49/