EPIPHANY – Changing the old ways of payment within the financial institution

in air-hawk •  6 years ago  (edited)

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Overview

The role of financial industry in our society can never be overemphasized; this has made various finance experts, spectators to constantly put a bird view eye on the industry. Just imagine a scenario where you lost some huge amount of money running into millions of US dollars due to the lackadaisical attitude of delayed payment in our traditional financial institution. What can be more painful than this? Also, you will agree with me that many underlining issues remain unsolved to date within the financial industry; issues like high-interest fee, intermediary interference, low level of security, privacy breach and so on.
But with the advent of cryptocurrency, the decentralized means of payment has made it very possible to address these challenges of finance worldwide. In this post, you will learn about a newly decentralized platform that has the ability to solve the problems without compromising its standard.
Today, we will discuss a platform that truly has the solution to the unending problems of the financial industry. I mean this platform came with an aggressive force fully equipped to nail the bud once and for all. What platform are we talking about? Your guess is as good as mine. It is called the “Epiphany” decentralized ecosystem.

What is the Epiphany?

Epiphany as a platform is a value exchange system which allows customers have the full control in every part of exchanges without the need for obstruction by an intermediary system. It makes use of the disaggregation means of hubs; Epiphany will totally eradicate the problems of server downtime.
Epiphany is created on the NEO blockchain system which uses the smart contract technology in dealing with any higher resources of Epiphany platform alone. It came to offer the non-partial financial system which will allow the clients to have gains effectively. It will serve as an instruction to the specialists of finance about the best way of carrying out exchanges.
Epiphany platform will integrate the monetary reward for the high caliber of members and will be accessed within the platform. Most networks of exchanges don’t support the cryptographic currency exchanges order framework, the Epiphany will bring an exchange based stage which will perform the interest of everyone.

Aims of Epiphany

By developing an ecosystem which is founded on NEO blockchain whereby each participant will make use of disaggregated means with a greater security. It will make sure that every stakeholder has the access to using the platforms; this makes it a vast community for trading.
With the blockchain and brilliant contract systems, Epiphany offers the access to a smart economy through the smart contract and online access. The Epiphany platform is designed to offer a disaggregated network which enables the various use of the smart economy in platform participation and with the use of various token for various business deals.
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How will Epiphany Help The Finance Industry

Decentralized Digital Platform - Being a decentralize platform it will improving the present social credit means. It will use the decentralized system to records all the interactions, stored or analyzed so as to update the present credit reports. Due to this, everyone will then be awarded a transparent credit score which is based on the past transaction history which is of public access.
Smart Contract Network – The brilliance of smart contract will serve as an operating system which acts as a direction to executing the agreement term. Epiphany will incorporate the use of brilliant contract distinct feature in enhancing the transparency trading platform. The stakeholders can trade within the platform with no need for intermediaries in such transactional process.
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Providing Security: It will use the feature of blockchain to ensure the tracking of all financial-related activities within the platform. By incorporating smart contract, fraudulent activities will be non-existence on the trading platforms. There will be models in place which will be programmed within platform so as to provide quick identification means of everyone individuals or investors whom may want to use the wallet.
Global Compliance Regulation- Majority of platforms lack backups due to the fact that they don’t want to any regulatory framework for the operating country they operated from. Epiphany makes any trading made on the platform must operate within the platform so as to ensure the normal laid down regulation is followed.

Low Cost of Transaction - Unlike some platforms that involve in sham trading activities. Even some platforms are also involved in the kind of inter-trading with both group and individual investors having several trading objectives. But the Epiphany is created in such a way that it won’t affect another platform. The transactions will be carried out at a very fast pace of seconds while ensuring low transaction fees is not compromised.
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Conclusion
Epiphany platform will integrate the monetary reward for esteemed members and will be accessed within the platform. Most networks of exchanges don’t support the cryptographic currency exchanges order framework, the Epiphany will bring an exchange based stage which will perform the interest of everyone.

Team behind Epiphany project
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For more on Epiphany project please visit

Official website: https://epnex.io
Whitepaper: https://epnex.io/static/Epiphany%20Whitepaper.pdf
Telegram: https://t.me/epnex

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Transactions needs certain level of security measures hence the expediency of this platform. Beautiful read!

Epiphany will make trades easier for users as there is no form of infringement or interference. Nice one.

Of course bro, epiphany will offer a smooth decentralized platform without interference of any third party.

Epiphany would make trading flexible, secure and reduce transaction cost greatly, loving this

That's indeed a feature that stands epiphany out

Trading just got better with Epiphany.

More than better , it will be the best platform as it will conform to relevant laws of its host community and as such kyc will be carried out for its customers

This looks like a good investment opportunity for investors. I hope it moons when it gets to an exchange.

Carrying out transactions in a safe environment can never be overemphasized and to have a platform that guarantees that in such a blessing. I love this project already. Thanks for sharing

Epiphany platform will integrate the monetary reward for the high caliber of members and will be accessed within the platform with Maximum security of users fund and data. I forsee great success in this project

Epiphany project is built to solve the pace of low transactions and Neo blockchain being integrated in the platform is huge advantage.

Epiphany is bringing us to a new era of little scalability challenge. This is indeed a beautiful piece. Thanks for sharing

I always love neo base project. Epiphany idea of building on neo blockchain has won my investment. Thanks for this awareness your articule made me discover this neo base project

Epiphany has the solution to the many problems that stiffles the growth of various blockchain systems. Nice article buddy