WHAT IS THINKCOIN
Thinkcoin is a digital token used within peer to peer trading platform called Tradeconnect
The aim of this tradeconnect is to use the security of blockchain technology to allow users to securely trade any financial asset around the world.with thinkcoin trades are settled in twink of an eyes not for a very long period. Tradeconnect will allow users to trade any asset with other traders anywhere around the world, it use a hybrid trading model where trades are processed off-chain but recorded on chain using smart contract. The ICO for thinkcoin token is already ongoing and softcap has been reach.
WHAT PROBLEMS DOES THINKCOIN SEEK TO SOLVE?
Thinkcoin aim to deliver greater transparency and equality for all market participants, established financial player have failed to take the opportunities in blockchain technology and still using a centralize orderbook to control prices and trading.
They also ready to make settlement of trades and funds can take days but with thinkcoin it won't take more than seconds on blockchain. Other problems they aim to solve are:
- Lack of flexibility in transferring trades
- Too many intermediaries increase costs across the industry creating credit and financial risk
THINKCOIN SOLUTION
They aim to solve the problems listed above by creating a state of the art peer to peer trading network called Tradeconnect, Tradeconnect will enable the trading of the financial asset in the world.
The Tradeconnect ecosystem will revolves around the use of thinkcoin ,describe as the digits trading token that underpin the trade connect network. Using thinkcoin, you can trade forex, commodities, shares and other financial products with peers in a simple secure and user friendly way.
BENEFITS OF THINKCOIN
Thinkcoin seek to offer the fastest and most trustworthy trading possible. Trades are recorded in smart contract for maximum securely transaction are processed offchain. Other benefits include;
- The platform aim to democratize trading while improving the trading experience.
- Bring speed and efficiency to the trade settlement process .
- Reduce counterparty risk by stabilizing the trading process.
- Deliver flexible and transparent trade execution.
THINKCOIN ICO DETAILS
ThinkCoin (TCO) is the cryptocurrency fueling the revolutionary new peer-to-peer trading network called TradeConnect. This network will decentralize and democratize trading, allowing individuals and institutions to trade directly with one another. With ThinkCoin traders and investors will be able to trade everyday financial products such as Currencies (FX), Equities, Precious Metals, Commodities and crypto currencies using a single cryptocurrency designed for exclusively for trading and investing.
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