Introduction
Electronic currency and cryptocurrency exchanges are structures, which give users the opportunity to trade different currency types for various assets. They might include market makers, which as a rule get charge fees as a relevant platform or accept bid-asked spreads in return for transaction commission charges for the rendered services.The Gibraltar Blockchain Exchange represents an affiliate of the Gibraltar Stock Exchange, which main purpose is to turn into one of the leading licensed and token-disposal platforms in the world, and also become an electronic asset market completely managed and controlled by the European Union. It will offer a system with the Gibraltar Stock Exchange acting as a completely blockchain incorporated stock exchange, and offer a list of token sales, starting with available funds and conventional equity markets or bond issues.
Development
The Gibraltar Blockchain Exchange is about to be developed with a well-incorporated and operational system under the European Union and Gibraltar Financial Services Commission licenses. The platform assummes to approve utility tokens, which have passed through strict admission procedures and due diligence, thus guaranteeing cooperation with serious companies.The GBX trading platform with the assistance of financing channels and ecosystems will offer superior and professional service to interested users. They will have the possibility to access different characteristics and utilize the platform as an exchange on the GBX market, and also get in direct contact with the token publisher. Payment, bank, consulting and facility services are assumed to be integrated in the GBX securities offerings as well. The GBX platform is about to be a centralized cryptocurrency market for high quality, saleability and capacity cryptocurrencies along with 100% auditable resources, fiat onboarding abilities and insurance coverage. The final purpose is to improve the ability to assist projects at various development stages, which cover the majority or even all the commercial exploitation needs.
Structure and utility
The present platform is designed using the blockchain approach, since it supports diverse types of data and cryptocurrency and offers quick and trustworthy online deals, which are recorded and cannot be modified multiple times, thus reducing the data fraud.An exchange instrument through the GBX platform is Rock Token, an ERC20 utility token, which is applied by users:
- to pay commercial services and rates to the extent of totally-featured ecosystem
- to early access the potential discounts for future token disposal on the GBX platform
- to stake out the sponsor or the issuer
- Rock Token holders would make profit of forthcoming ecosystem development and will have special priorities and discounts in the whole ecosystem of the GSX and GBX. The present utility token is foreseen to find a market taking into consideration its growing demand together with transaction capacity and more users;
- traders would make profit of highly qualitative token listings, improved liquid funds and repayment ability, as well as may be confident while working in an environment found on advanced technologies using the full advantage of the legislative experience and managerial skills of the Gibraltar Stock Exchange;
- businesses would obtain access to record-setting ICO technology existing in the GSX and GBX ecosystems. Token issuers would use the possibility to issue tokenized security papers to a more comprehensive primary capital along with trading and listing initial token realization and accessing different funds by means of the conventional equity issuance or bond market.
Conclusion
The Gibraltar Blockchain Exchange will offer a reliable and transparent platform, where every user is able to perform trades and arrangements of electronic assets nearly as common stock markets. The blockchain approach will help creating more secure and trusted system and turn into the top-ranked platform for cryptocurrency trade and token realization.Authored By: x0r2