As costly as competition could be at times (taking into account, its disadvantages), it is one of the forces that can bring the best out of an individual or enterprise. When a product or service is hugely acknowledged by a lot of people who benefit from it, there will come to a time when other enterprises or individuals will stand to create another system that will focus on delivering the same product or services. With time, the world will be filled with hundreds, if not thousands of different enterprises providing the same service to the public. The moment this starts to exist, competition has begun.
Bitcoin is the first ever cryptocurrency to be built on Blockchain technology. And when this token was created, not so many people believed in its future. Hence, this cryptocurrency token was alone in the market for a while. But as soon as the world saw what a revolutionary Blockchain technology and cryptocurrency has become, many individuals and enterprises ventured into the industry. Hence, many tokens were created. As at the time of writing, there are over two thousand officially launched crypto tokens in the markets. This has resulted in high competitiveness in the crypto industry.
It is not about the tokens only. After all, these tokens were launched trough ICO projects. And since running ICO services is now one of the most successful ways to fundraise a project, disparate crypto exchanges, each with its uniqueness, and services that differentiate it from others; have been built. However, despite having so many crypto enterprises; exchanges and platforms, the problem of “lack of liquidity”, which has made crypto tokens highly volatile in the market (especially this year) has not been solved. While many project owners just want to make some money without providing distinct services to the public, 90% of top exchanges only focus on listing top cryptocoins which are widely adopted already and hence, leave the newly-issued tokens struggling in the market.
It is not that any token cannot be listed on top exchanges. And again, not just any token can be listed on these reputable crypto exchanges. While we have lots of exchanges that do not have a problem listing any cryptocurrency in as much as the token owners can pay their charges, there are still some that have lots of requirements that must be met before a token gets listed on them. That is because we have had cases of many companies running away with people’s funds after hitting their targets. There are so many of them. That is why top exchanges need to be sure that project owners are in for the benefit of both parties involved (the token issuers and holders) before listing their tokens. But despite that, that solves little or nothing among the problems facing the cryptocurrency industry.
Quoine’s competitiveness
There is this common saying in the business world in general: “if you want to beat an existing high-rated product, add features that touch the untouched areas, and solve the existing problems in your own product”. That is why Quoine brought to us what we have been missing in the cryptocurrency and Blockchain industry for many years. Quoine is a different innovation entirely; a true symbol of uniqueness, functionality, and efficiency. With the Quoine’s Liquid platform, as well as QRYPTOS and QUOINEX exchanges, the Blockchain technology has on it; the platforms that will provide solutions to the problems limiting its growth, and stability in the cryptocurrency market.
Talking of the competitiveness of Quoine Ltd, there are some factors we need to put into the account. And after understanding these factors; the products and services of Quoine Ltd, there is one conclusion we will eventually come to - no crypto company comes near Quoine Ltd. Not even one. How? Just continue reading, and you will come to agree with us.
Talking about the services we can find on Quoine
Compassion over everything else:
It is no doubt that Fintech is the new wave in the finance world. While this has become the primary service that Quoine Ltd provides to the general public, they brought this service to the Blockchain technology in an entirely different way. Before Quoine Ltd was founded, the public could access financial services but there were restrictions. In fact, the services that were made available to the public were just the basic services. People were restricted from accessing the services that could benefit them greatly and have a huge impact on their lives. Only the high-net-worth individuals in the society were given full access to financial services. These rich men who were already living a good life could still get access to capital market; secure highly lucrative massive deals, get tax advice and many more, while the poor could not. But thanks to Quoine Ltd, financial services are now being given to the general public without restrictions. However, that is not where we are looking here. Instead, we want to compare Quoine Ltd to other companies in the Blockchain industry.
Providing liquidity in the cryptocurrency industry:
Quoine’s platform is empowered with highly-functional technologies that work together to bring stability in the crypto market. These advanced technologies provide liquidity and ensure that traders’ funds are in secure places. Deposited digital assets are stored in an offline vault that cannot be hacked, and the assets in the wallets too cannot be more secure.
World-class workforce
Every successful enterprise has a great team of devoted workers who are not only highly-experienced but also, have passion for their jobs. You cannot produce good results if you do not love what you do in the first place. A team must be talented in their respective fields, but they must as well be obsessed with being successful and bringing out nothing but the best.
Quoine has highly-advanced technologies that work hand-in-hand to provide liquidity in crypto markets. But these technologies would not exist on Quoine platforms if there was not a team of tech experts that built, and then maintain them. Having a team that has over 250 years of experience in the finance and technology sectors; “with proven track record in Forex IT, Forex Trading, Algos, Equity Trading Systems, and FICC (Fixed Income, Currencies, and Commodities)” source, Quoine platforms will revolutionize the Blockchain industry sooner than later.
Product readiness
Product Development and Product Market Fix Risk stages are well known to be the most difficult periods for enterprises. These stages have seen countless companies failed and these are the stages when the effectiveness of the product or services of an enterprise could be judged. Quoine’s platforms are not a work-in-progress; they are already providing great services to their respective clients. The Liquid platform has passed through these stages without failing and now it is already connected to all the major exchanges and some minor ones, and is already providing powerful trading services to crypto traders across the globe. As well, QRYPTOS and QUOINEX are among the largest exchanges in the world.
Quoine's relationships with exchanges and banks
Within the short period of time of operating, Quoine Ltd has established fruitful relationships with several other sectors in the Blockchain and finance industries which benefit the Liquid platform users. The Liquid platform connected over 15 crypto exchanges across the globe to a single liquidity on World Book, thereby ensuring a free flow of liquidity in the crypto markets. As well, their good relationship with banks helps in getting traders’ funds moved without frictions even when these traders are not registered on these exchanges.
Regulated, and bringing compliance and security
Quoine is the first global exchange to be officially licensed in Japan by FSA (Financial Service Agency) known to be among the most strict regulation agencies in the world. This testifies to the uniqueness and exquisite reputation of Quoine Ltd, and how its products and services are in compliant with security. They are committed to keeping their platforms secure for the safety of the crypto traders.
Quoine's years of experience working with the big enterprises in the finance industry has given them the tools needed to create highly secure systems, ensuring that people’s funds are safe. The following security domains are covered by Quoine’s security;
1. Access Control
2. Application Development Security
3. Business Continuity and Disaster Recovery Planning
4. Cryptography
5. Information Security Governance and Risk Management
6. Legal Regulations, Investigations and Compliance
7. Operations Security
8. Physical and Environmental Security
9. Security Architecture and Design
10. Telecommunications and Network Security
Previous Posts
- How Token Issuers And Holders Benefit From Quoine
- How Individual Traders Benefit From Quoine Platforms
- Quoine: QASH Token Review And Reports
- Understanding The Logic Behind Liquid's WORLD BOOK And How Liquid Provides Liquidity In Crypto Markets
- Quoine & Liquid: Why You Should Join This Revolutionary Blockchain
- Quoine: Promoting Quoine And Liquid With Infographics
- Quoine: How Liquid Plan To Solve Volatility Problems And Provide Liquidity In Cryptosphere
- Quoine: QASH Token Reports, Graphics & Memes
- Quoine: Introducing My 5 Stunning Graphics For Social Media Campaign
- Quoine: The Revolutionary Financial Services On blockchain Technology
Get more information about Quoine from the links provided below:
- Project Website
- Products & Services: Liquid and QASH
- Quoine Team
- Quoine Story
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