BridgeX Network: Revolutionizing The Finance Lending System

INTRODUCTION

The innovation of blockchain technology has been tipped as the greatest revolution hitting the world has it brings features that solve challenges the conventional system is encountering. It is been implemented in many sectors including education, health, finance and many other and everybody is enjoying the outcome as it is more transparent, secure, fast and finally it is a decentralization system.
The finance sector seams the area which this technology needed most but the conventional finance system has not been good nor favouring people. Take for instance, the traditional finance system of lending people money is very tedious and stressful. You will have to provide a collateral, a guarantor and necessary documents before the finance institute could lend you money.
However, BridgeX Network as seen the solution to this challenges utilizing the opportunity of blockchain technology which led them to the creation of this platform called BridgeX Network

INTRODUCING BridgeX Network

BridgeX Network is a project that want to disrupt the traditional system of lending people money by making the process easier for peer to peer lending. BridgeX Network aims to bring financial solution by utilizing a decentralized system into this sector whereas people can lend money from any distance without any barrier nor obstacles. So in a nutshell, BridgeX Network is more like a decentralized finance system where people can make a payment, receive, exchange, borrow and lend their selves.

WHY IS BRIDGEX NETWORK IMPORTANT

The conventional finance system is been controlled by a centred body, whereas authority come from the centred boss influencing people with all kind of unnecessary policy that benefits him rather than the users. Again, to make payment is very tedious, you need to queue up in the bank before making payment; meaning bank is not in many area. The worst part is when it comes to loan or lending. Peer to Peer lending is not that easy with the conventional finance system because it involve a third-party which indirectly deduct his service charges from the deal. The good news here is BridgeX Network; it is revolutionizing the finance system to a system that users are in control of every activities within them selves and could able to lend them selves with ease.

SOME FEATURES OF BRIDGEX NETWORK

The BridgeX Network agender is to create a new finance system to the entire world where people will be using cryptocurrency rather than the physical currency. There are many features of this platform which are:

The BridgeX Platform uses Apps and
decentralized application (DApps) to deliver cash management solutions with the single platform. The BridgeX Network platform also gives room for third-party developers to be able to develop a decentralized platform for finance services through this platform.

BridgeX Core

BirdgeX Core is one of the greatest infrastructure of BridgeX Network; this is like the tool that make loaning or lending possible in this platform. This BridgeX Core is built on ethereum which contain smarts contract which handle all transactions through this system. The BridgeX Core also help the conversion of cryptocurrency to fiats, help in cross border payment and many more. I will attach the link to the whitepaper for us to read more about this feature.

BRIDGELoan

BRIDGELoan is another feature of BridgeX Network that make lending possible which is also built on ethereum. The BRIDGEloan is a decentralized crypto lending platform that offers crypto-to-crypto loans.
This will help people to lend their crypto assets to the needed party or borrowers. This is will be helpful to traders whom which to acquire loan for their enterprises as every processes for the borrowing and lending will be ease and secure with smarts contract.

BRIDGEConvert

This is a feature of BridgeX Network that permits the conversion of cryptocurrency to normal fiats. So if you are in possession of any kind of token, you can convert it to fiats that will be useful for all.

BRIDGESend

This is the BridgeX Network feature that permits a cross-border payments to take place with ease.

BridgeX Network permits the building of DApp on their network. This means people can develop decentralized application that is useful for finance issue on BridgeX Network.

BridgeX Network TOKEN

The platform has introduced an utility token for the platform with a sticker “BXN Token”. This token will be used as utility token on the platform and also used it to acquire all services about BridgeX Network.

BridgeX Token Sale

For the sake of fund raising which will be used for the development of the platform, BridgeX Network organized an ICO event. This is an opportunity to acquire the token at a cheaper rate. All investors are fully welcome.

Token Sale Parameters

Token Ticker: BXN
Total Tokens: 1,000,000,000 BXN
Tokens to be sold at ICO: 400,000,000 BXN
Hard Cap: 40,000 ETH
Token Price: 0.0001 ETH = 1 BXN

HERE ARE THE BRAIN BEHIND THE PROJECT