EPHIPHANY- PROJECT REVIEW

in blockchain •  6 years ago  (edited)

IMG_20180728_070313_142.jpg

While the blockchain technology may be the solution to some of the problems experienced by many business models, there are still some flaws with the technology that need to be addressed, to promote effectiveness, efficiency, and productivity.
The lack of transparency has made it difficult for activities to get traced, and that is a security flaw, as makes it easy for money laundering to take place, among other types of financial crimes. Furthermore, cryptocurrency trading platforms have proven to be avenues for the propagation of illegal financing, which is usually carried out on a global scale.
Another problem is the inability or refusal of different blockchain-based systems to comply with regulatory policies, which can lead to liquidity problems if not attended to. Seeing as these problems are blockchain related, a blockchain-based system has been created to solve these problems and in turn make the blockchain technology a formidable force to reckon with in the technology community. One blockchain based system created to tackle these problems is Epiphany.


Epiphany Blockchain Trading Exchange

Epiphany is a decentralized blockchain platform that was created to solve the problems of theft, lack of transparency, and the inability of blockchain based systems to function with regulatory policies. The epiphany system functions with the help of Smart Contracts, which will be instrumental in eliminating the problem of transparency. Furthermore, Epiphany will employ a Risk Control System which will be used to assess the different stages of a trade which is a way to increase the security of assets on the platform. As part of the solutions, the platform makes use of an Artificial Intelligence system that will be used to identify shortfalls with digital asset production. The platform will provide a multi-platform search function to get information about price variations, and also provides a platform where arbitrage trading can take place. Hence, users can get real time prices of digital assets across different trading platforms. The platform also functions as a portfolio for various types of digital asset investments with the tools made available, such as quantity trading, contract trading, digital assets indexes, among others.

Why Epiphany?

IMG_20180728_074440_827.JPG
Epiphany is a platform backed up by highly trained professionals who will ensure that operations on the platform are stable, secure, and reliable at all times. With the integration of Artificial Intelligence, Epiphany has the ability to detect flaws in systems, and hence implement optimizations. The AI technology works with the Super Engine to provide a system that ensures data analysis and mining, and information traceability. The platform also features a way to supervise transactions via a multi-check system, which will ensure transactions adhere to regulatory policies with the help of the smart contracts. Furthermore, there is an AML mechanism that was setup for the protection of the interests and legal rights of the participants. The Epiphany platform will function with the aid of its own token referred to as the EPN token, which will be used as the medium to facilitate exchange on the platform. The API system has been referred to as reliable, hence, investors are given the opportunity to do various types of conversions, including converting digital assets to fiat currencies, based on real time prices. The EPN token has the ability to minimize transaction fees, and also increase transaction speed.


Useful Links


Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Epiphany is a great project that will use blockchain technology to solve the problems of theft, lack of transparency, and the inability of blockchain based systems to function with regulatory policies.

Thanks for the awareness big guy. I will read more from the whitepaper

The whitepaper contains a more in-depth review of this exceptional blockchain-based project. Do read at your leisure. It's attached to the article.

Epiphany is an exchange with a difference. Its features will see it be a leading exchange for trading in the crypto sphere. Thanks for sharing

Epiphany will be like an alpha exchange cause it possesses great feature that is bound to attract cytpto traders from all geograohical positions . Check out the WP for more information.

Epiphany is a project with great potentials, with the above technologies in the system it is going get more attentions from crypto lovers.

You are damn right it will.

This is a massive project with great potentials. i would look into the whitepaper to know more about this project

Yea... The project is electric. Check out the WP

So happy to learn of a blockchain trading platform that is highly secured and transparent. This is very much needed in the crypto space where hackers are on the look out for every slight slack in security. Thanks for sharing

Security and transparency are major features of this exchange. Hackers will have a hard time at even thinking about breaching Epiphany.

With the aforementioned points I believe epiphany will bring more transparency, security and adoption to the Cryptocurrency ecosystem. Nice article buddy

An Exchange with a difference.

This is awesome article, so loud and clear. Even without reading WP everything needed is well. Detail in here. Thank you for great article.

Thank You for your comment.

I have gone through this beautiful piece and i am really in love with this project. I have one question to ask. How is epiphany going to tackle the issue of hacking which is plaguing some of the crypto exchanges we have now?

The use of AI for various purposes is on the rise across different industries. Epiphany is going to use AI to regularly run system checks for flaws and every flaw found during the check is immediately handled by the team of experienced programmers. With the help of AI, security problems which have been a major jinx for regular crypto exchanges will be taken care of. One thing i can assure you is that, you will hardly hear of a security breach on the Epiphany exchange.

Thanks for dropping by.

With the inclusion of Anti Money Laundry mechanism into the Epiphany ecosystem fraudulent activities would be prevented