Introduction
ONAM is a cryptocurency exchange platform created with the motive of creating a secured and better place for the exchange of cryptocurrency. This platform was inspired by the question “how can we make a better cryptocurrency exchange platform?” this is why ONAM was created to put an end to security leakage, scalability problem, inadequate customer support, transaction support, complicated interface and other problems usually encountered by crypto users in the cause of exchanging cryptocurrencies.
WHAT ARE THE SOLUTIONS PROVIDED by ONAM?
- Security leakage: security flaw in cryptocurrency exchange platforms is what cyber criminals are diligently working toward detecting. Thus, if any security flaw is detected by these criminals, it will definitely cost both the users of the platform and the owner of platform millions of dollars before the flaw can be detected and controlled. This is why ONAM decide to make use of machine learning to monitor the security system of her ecosystem and also prevent threat with the use proprietary Advanced Threat Prevention.
- Scalability problem: the fact that the number of cryptocurrency users are rapidly increasing is no more a news. This consequently force a lot of cryptocurrency exchange platforms out of sufficient space for their user’s transactions but ONAM team is able to overcome this problem with the use of GoLang programing language, with this, ONAM is able to achieve a transaction speed which is five times faster than her competitors transaction speed (10 million transaction per second). This allows users of ONAM to be able to carry out heavy transactions within few seconds.
- Market manipulation: Among twelve disciples there is always a Judas, this means no matter how secured a cryptocurrency exchange platform may be, some users will want to cheat on other users by trying to manipulate their transaction. But with ONAM, market manipulating can never be successful in ONAM’s ecosystem because ONAM monitors her ecosystem with machine learning technology, a technology which is super active in real time surveillance and monitoring of suspicious trading transaction.
- Transaction support: in order to prevent market manipulation and other fraudulent transaction in ONAM ecosystem, ONAM’s team employed the use “Advanced Order Types” as a tool which put novice through on how to maneuver their way to achieve any transaction they want to carry out.
ONAM use case.
Mister Justin is a reputable business man who is not used to the use of cryptocurrency. But the fast growing rate of cryptocurrencies across the globe lead to the demand of the use of cryptocurrency to pay for the goods he want to purchase from a neighboring country. Though he has been trying to purchase the cryptocurrency he is required to pay with, but due to the fact that he his new with the use of cryptocurrency and how to convert it, he became a victim of scammers in cryptocurrency exchange platform. mister Justin isn’t happy with this at all, because a loose a huge amount of money without getting the cryptocurrency he want to purchase. Fortunately for him, he came across a crypto addict who introduce ONAM to him, since he has no option than to purchase the cryptocurrency he need to pay for the goods he want to purchase, he decide to give ONAM a trial. Mister Justin is able to buy the cryptocurrency he want to purchase even easier than how he thought it will be with the help of Advanced Order Types.
Visit the following website for more information about ONAM
ONAM Website
ONAM WhitePaper
ONAM Telegram
ONAM Reddit
ONAM Medium
ONAM LinkedIn
ONAM Instagram
ONAM Twitter
ONAM Bitcointalk
ONAM2018
MY VIDEO LINK
TWITTER LINK
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