Blockchain.io is the new crypto-exchange launched by Paymium.com, one of the oldest bitcoin exchanges and hack-free since its inception in 2013. Aiming to become your privileged Gateway to the Internet of Value, our new platform will offer all exchange standard functionalities and an exclusive feature : decentralized settlement, allowing people to trade and benefit from a high performance order book while keeping the custody of their coins. We will also offer ICO services, from planning/execution to the token listing on the marketplace. What sets us apart is a concentrated effort in Europe, where the crypto market is largely still in its infancy and which lacks a transparent and regulated crypto-exchange with a proprietary token enabling institutions to launch their ICOs. Our proprietary token will allow us to offer incentives to bootstrap the liquidity of the trading platform.
Blockchain.io is a comprehensive ecosystem for secure and efficient access to the Internet of Value :
- Gearing up to become the leader in European cryptocurrency exchange.
- Combining a centralized exchange with decentralized settlement.
- Offering liquidity services to assist ICO campaigns and ICO listings.
What it will Offer?
Based on its record and experienced team, Paymium is launching a new crypto-exchange: blockchain.io. This platform will be fully dedicated to crypto-trading while Paymium will remain the privileged hub for fiat currencies. Paymium customers (currently at 170,000 + accounts) will automatically have a blockchain.io account and will obtain incentives for their loyalty.
Our new platform will offer
- For users: centralized orderbooks (maximum liquidity) and decentralized settlement (even more security), advanced trading orders, market-making and peer-to-peer lending
- For entrepreneurs & institutions: ICO planning & execution services (thanks to an extensive network of bankers, lawyers, marketers, technologists, etc) up to the blockchain.io exchange listing and guaranteed liquidity for BCIO tokens.
What sets us apart is a concentrated effort in Europe, where the crypto market is largely still in its infancy and which as of today lacks a transparent and regulated crypto-exchange with a proprietary token enabling institutions to launch their ICOs. Our proprietary token will allow us to offer incentives to bootstrap the liquidity of the trading platform.
Xavier Niel’s fund Kima Ventures is advising the project and is a long-time investor with Paymium. Jean-Pascal Beaufret, Goldman Sachs advisor and former GM of the French tax administration, is also on board.
Open to US Accredited Investors (the project is registered with the SEC). Submitted to AMF (French SEC equivalent) to ensure regulatory compliance.
Problems that Blockchain.io Aims to Fix
Operating a cryptocurrency exchange is a multifaceted service business with distinct functions ranging from custody services to providing underlying information and trading facilities. More generally, the exchange must create a trusted environment that fosters transactions. Unfortunately, hackers and fraudsters are constantly trying to break into exchanges which they see as the weakest link in the cryptocurrency infrastructure.
Blockchain.io is determined to fix these issues:
Security Breaches : High volume crypto-assets platforms are constantly attacked by hackers who seek to bring the systems down, typically through DDoS attacks. Fraudsters also try to break into accounts using social engineering to steal cryptocurrencies from users.
Non-compliance : Many users had their assets seized or frozen due to platforms’ lack of compliance with national and international laws and regulations.
Opacity :The management and operations of some exchanges are opaque. They have very poor customer service and do not respond to user enquiries. Users are exposed to high risk and uncertainty, which creates massive tension as stress quickly spreads in the community.
Outages : Many platforms experience service outages in periods of high volatility. This obviously results in major losses for traders and investors.
Essential Features
The main features of the cryptocurrency exchange Blockchain.io are:
Ultra-Secure & Decentralized
Fully Compliant & Transparent
Reliable Infrastructure
Select Digital Currencies
ICO Execution & Token Listing
Relationship Between Blockchain.io & Paymium
The existing Paymium platform will provide blockchain.io users with a preferred gateway to fiat currency networks.Blockchain.io will be strictly a cryptocurrency exchange (no fiat money).
Investors with fiat will have a privileged access to blockchain.io via Paymium where they may trade their fiat for bitcoins, ethers, or BCIO tokens.
Paymium’s community members may, if they so wish, become Blockchain.io community members and will be incentivized to do this.
Paymium role as a fiat exchange is to offer Blockchain.io customers a gateway to fiat currency networks (EURO, and in the coming year USD, GBP, JPY and others).
Blockchain.io will accept supported crypto coins/tokens deposits from all platforms and wallets (including of course the Paymium wallet).
Blockchain.io will enable Paymium and international traders to access the cryptocurrency ecosystems and the internet of value in all forms as technology evolves.
All transfers of coins/tokens between Paymium & Blockchain.io will be free of charge (no withdrawal fees).
Blockchain.io Roadmap
Blockchain.io will progressively roll out new features over the next 18 months, starting with liquidity services and centralized custodial cryptocurrency exchange functionalities in 2018. Decentralized settlement and lending capabilities will follow in early 2019.
For More Information
Twitter: https://twitter.com/blockchainio
BitcoinTalk: https://bitcointalk.org/index.php?topic=3681257.0
Facebook: https://www.facebook.com/blockchain.io/
Medium: https://medium.com/blockchainio
YouTube: https://www.youtube.com/channel/UCXBNUMV8QIzOpM3bYNll3zA
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