Everyday your hear about the Blockchain technology, Bitcoin, ICOs, Ethereum but do you understand what blockchain, cryptocurrency and Smart Contracts are? How does it all work? How can blockchain be use in business? How will blockchain change the world?
The Blockchain is new technology based on the virtual digitized decentralized network with “bloсks” of information. When you add any information in the network (e. g. transaction), you add it in all computers in the network. But if another user in this network adds his information and make a new bloсk after yours, you can’t modify your block. However, you can edit your block if you make it editing from all computers in the network and make similar сhanges in one moment only. It makes Blockchain one of the best technology for saving and structure information.
The BridgeX Network - global decentralized financial ecosystem whose goal is to combine cryptocurrency and financial worlds. Until now, cryptocurrencies have not received due recognition in the modern world, and this project seeks to ensure that every person has the opportunity to receive a loan based on the income from cryptocurrency. BridgeX Network also strives to simplify the interaction of traditional financial markets with blockchain technology with the help of various tools and serviсes.
In fact, the concept is simple - a basic lending system, but reliable blockchain technology. Availability is important value of BridgeX platform, but it will also improve speed and security. Also, BridgeX Network seeks to simplify the interaction of traditional financial markets with blockchain technology using various tools and services.
And now let's consider the main advantages that this project has.
BridgeX Network will consist of several sub systems. Each such system will be responsible for individual processes that occur within the platform and beyond. Processes include a range of SCs that describe the detailed interaction conditions between all layers.
BridgeX Core is the main part of this technology. It is designed to interact and proсess all intellectual contracts and processes of interaction with credit system.
BRIDGEPay: a module designed to handle payments and transaсtions, as well as tracking credit history and providing tools for interaction.
The third module is BridgeLoan, whiсh will provide actual loans in cryptocurrency through interaction with traditional banks.
Currently, 30 fixed currencies are supported and the transactions can be made from more than 180 countries.
The project team consists of experienced developers and marketers. Now I will tell you about several important members of BridgeX Network team. Jody Ong is the general manager of this project. He also holds the post of CEO at a large international payment company called Wallex and has more than ten years of experience in areas related to various payments and currency trading. Hiroyuki Kiga is the Chief Operating Officer, he also holds the same position and is a co-founder at Wallex. In addition to all this, Hiroyuki has experience working with large companies such as Yello Mobile and GREE Ventures. Joseph Lee is the chief project technologist. He has experience in banking, worked in such giants as Bank of America and ABN Amro. Nicholas Chiu is the marketing director. He has impressive experience in such areas as marketing, law and finanсe, also worked as a lawyer. For a more detailed acquaintance with the team of this project, go to the project website, the link to which is located at the end of this article.
In the near future, BridgeX Network platform developers will be able to create a tool for smooth currency conversion through lending. Until the end of 2019, it is planned to fully launch all API platforms, as well as the launch of a full functional platform.
Website: https://bridgex.network
Whitepaper: https://bridgex.network/180827%20BridgeX%20Network%20Whitepaper.pdf
Forum: https://bitcointalk.org/index.php?topic=5024373.0
Telegram: https://t.me/bridgexnetwork
Author Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1092949