BITEX - The First Locally-Embedded, Yet Global, Crypto-Bank

I will develop you as a very interesting project. This project is unique and has blockchain technology. And look at investment potential and everything will become clear to you. And let's look at my explanation of this project. Most of the world of cryptocurrency technology like Bitcoin relies on database forms with profit because it can trace the volume of large and secure transactions. The technology used by many digital currencies is Blockchain. The Blockchain was first implemented in 2009, and was revolutionized with the Blockchain 2.0 in 2014. Blockchain technology consists of blocks that make transactions, where each block is interconnected through cryptography, or network. Along with the development of the digital universe, cryptocurrency in the future will be better than traditional banking. Developing countries in the world have implemented national currencies, such as Bitcoin, and this technology. a large charity project to help those who do not have bank accounts. Blockchain also has the potential to be used outside of digital currencies, and attracts many traditional financial institutions for adoption.
PRESENTATION

A storm has hit the investment market that we tend to don't seem to be planning to live through. Crypto investment is that storm. With strict capital controls in situ by most countries to regulate the flow of cash and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, resulting in a rise in demand. Cryptocurrency has been able to gift a straightforward to use digital various to act currencies. giving resistance transactions and inflation management, investors are prudent enough to feature these currencies in their distributed portfolios as associate quality, because the size of the market doesn't represent a general risk. Cryptocurrency employs the employment of cryptography that assures high-security processes and verifies transactions personal to every user. Hence, counterfeiting and anonymous transactions ar not possible to attain.
While this revolution is gaining wide acceptance, Bitex, a decentralized platform that aims to be the primary world crypto ban that permits shoppers and merchants convert native act currency into over five hundred currencies at reduced rate and quickly has arrived.
Now that I actually have your attention, let’s get right thereto.
What precisely is BITEX?
Bitex could be a decentralized platform that aims to be the primary world crypto ban that permits shoppers and merchants convert native act currency into over five hundred currencies at reduced rate and quickly. The platform additionally offers users the chance to possess their own personalised wallets and personal keys which will not be shared with the platform. The goal is to avoid volatility of the cryptocurrency market to modify users have the precise quantity they requested. moreover, users have access to non-public loans and their crypto are going to be used as collateral which is able to lean back now the loan is paid back.
BITEX can give hyper-localized crypto-banking services through their world platform to push economical growth across multiple continents, focusing preponderantly on Asia. Cultures take issue in their banking preferences - a localized strategy permits for a lot of targeted and calculated higher cognitive process.
The Bitex crypto-banking resolution is formed to profit people who ar poorly or not served by ancient banking industry. This new cryptobank can re-establish the terribly purpose that a bank was created within the initial place (an establishment that helps the economy operate and grow by providing the way to manage savings, give suggests that for payments and cash transfer, and facilitate loans). The Bitex has known the Asian and Near East markets as they're growing and, from notice, would like a sturdy cryptocurrency based mostly economic system. it's thought that, the impact of the Bitex platform are going to be best incontestable in these markets.
We’re taking the sociable attributes that banks supply, like community partnerships and building a neighborhood presence and mixing them with the advantages and also the potency that a decentralized blockchain provides.

THE BITEX BLOCKCHAIN CRYPTOCURRENCY SOLUTIONS
The element of shock continuously emerges in every task. it makes the specialty and main issue of convenience. Bitex could be a network impactful bank meeting its reality worldwide cash connected network effectively. This "propounds the tasks and hyper-localized"(ico.bitex.global) for associate all around characterised digital cash saving cash activities. The simplification is to create a dependable framework and change for clear philosophical develop inciting and advancing blockchain keeping cash development. This seriously keeps up the effectiveness, adequacy and helpful nature of the Bitex activities together with the blockchain.
The reality of the matter is that societies vary, as is inclination. This to boot implies the picks of networks on their financial dealings is wrought in associate surprising method. on these lines, bitex plans to attach this hole associated build a work affiliation for managing an account tasks increasingly but dependent on blockchain choice instrument and frameworks. during this manner, Bitex can saddle all managing associate account activities and build its very important closeness following the inclination of its scene during a a lot of simple, adaptable, essential and preserved central occasion by and huge. Besides, Bitex can provide all needed saving cash administrations of installments tasks, exchanging, withdrawals, stores and advances by and huge with the compelling influence of digital cash structures. Bitex is one in all a sort within the entireness of its keeping cash outlines and hubs.

SERVICES OFFERED
• A decentralized , distributed and immutable ledger that can't be full of any single purpose of failure or compromise.
• a worldwide scale, unhampered by national boundaries, though subject to national/local laws referring to banking and finance.
• the power to conduct written agreement payments through cryptography instead of ancient, time overwhelming payment ways.
• the power to hold out onymous transactions between parties wherever trust is captured through scientific discipline suggests that instead of written contracts or external direction.
• embrace cryptocurrencies as equal partners to act currencies in transactions between people, people and businesses, and between businesses.

FEATURES
• EZBitex: the currency exchange and banking infrastructure with a decentralized , distributed and immutable ledger provided by Bitex, that underpins the functioning of the whole system
• BitexPay: consecutive generation payment resolution for each shoppers and merchants.
Knowing totally well that Bitex is precise altogether its banking styles and nodes, This in spades maintains the potency, efficaciousness and effective nature of the bitex operations associated with the blockchain. Blockchain-based solutions designed on Ethereum, exploitation public distributed ledgers, cryptotokens and good contracts supply participants a way of making price through trusty and clear interactions on a worldwide scale. This structure is especially suited to the creation of a banking platform. Hence, bitex hopes to bridge this gap and build a harmonic link for banking operations dynamically however keen about blockchain adoption mechanism and systems. As a result, bitex can harness all banking operations and build its strategic presence following the preference of its community during a a lot of clear, scalable, example and maintained focal example usually. moreover, bitex can supply all wished banking offerings of bills operations, shopping for and commercialism, withdrawals, deposits and loans in most cases with the powerful strength of cryptocurrency frameworks.

TRADING ON EZBitex
Consumers that would like to exchange cryptocurrencies exploitation the crypto-exchange services of the EZBitex platform can populate a commerce billfold related to their account. The crypto assets during this billfold are often used for numerous orders for margin commerce, limit commerce, leverage, etc. shoppers collaborating in commerce can pay commerce fees denominated in every cryptocurrency they sell whereas for act currency the fees are going to be reborn into XBX tokens at this market value on the EZBitex exchange mechanically.
The EZBitex platform can supply genus Apis to key functions of its world platform to permit developers to make native banking applications. to the current finish, Bitex can give the subsequent resources:
● The Bitex Open API can enable native merchants to implement BitexPay and “Powered by Bitex” applications that ar tuned to native desires (e.g., language support);
● A Bitex Marketplace wherever numerous businessperson applications developed through the Bitex Open API ar accessible to alternative merchants;
● A Bitex Developer Program that encourages native developers to figure with native merchants to bring novel applications to the Bitex marketplace

THE advantages

CONSUMERS
The Bitex crypto-banking resolution needs shoppers to take care of their own crypto wallets (the Holding Wallet) on their mobile devices. No non-public keys for this billfold ar shared with the EzBitex platform. a very decentralized method of storing the opposite client wallets (Payment billfold, commerce billfold, etc.) on the Bitex platform and exploitation the platform only if required can enable Bitex to confirm that client assets ar safe from hacking or alternative attacks. aboard with this, Bitex can encode development ASCII text file likewise as use PCI customary Certification for security within the close to future.
A personal, mobile billfold makes the Bitex crypto-banking resolution wide accessible, as recent studies show that mobile penetration is widespread throughout the planet and permits a larger share of the population in under-developed countries to participate in money transactions than have access to standard banking services.
By maintaining management over one’s billfold, and sharing solely sure amounts deliberately with Bitex for numerous functions like purchases or transfers, shoppers won't have their entire crypto assets underneath the management of a centralized entity (as is that the case with current crypto-exchanges) with all the protection risks that it entails.
Consumers won't randomly or freakishly be denied the power to get cryptocurrencies in any exchange exploitation credit cards offered by third parties that ar “Powered by Bitex” or their BitexPay debit cards. EZBitex because the card process network can make sure that such transactions ar licensed by the cardboard institution.
MERCHANTS
Merchants have multiple choices for receiving payments - via a mobile EZBitexPay app, QR codes, and card readers.
Online merchants will add BitexPay as a payment choice to their e-commerce portals.
Again, for easy merchants (such as street vendors) the ever-present mobile device are often the merchant’s receiving billfold. there's no got to have a conventional checking account.
GOVERNANCE
Funds raised throughout the ICO are going to be ruled together by the shareholders of the native, authorized corporations in every of the countries wherever Bitex can operate. a neighborhood company are going to be registered in every country wherever Bitex can operate, with the corporate getting any licenses necessary to work as a neighborhood crypto bank.
Those shareholders that hold larger than five hundredth of the shares of the native company will vote on the directions to be taken and use of the funds raised within the ICO. A attestation report are going to be conducted by 3 or a lot of corporations to reassure investors that the funds raised throughout the ICO ar wont to develop the crypto-banking infrastructure.
FINANCES
Bitex world has already raised USD two,760,000/- through the sale of Bitex franchise licenses to partners in twelve countries. the cash raised from native licensees are going to be used for making the native infrastructure required to support the EZBitex banking platform, together with registrations, salaries, legal and regulative aspects, and localization of the package. the cash raised throughout the ICO are going to be used for developing the common platform that may serve each country, the security infrastructure, and also the implementation of common peripherals like ATMs, card readers and kiosks.
Bitex XBX Token - Token Sale and ICO Details
The XBX token is thus the utility token that enables numerous stakeholders within the Bitex money scheme to use its offered services.
BITEX is conducting associate Initial Coin giving of its utility token, XBX.
All transactions despite the EZBitex platform would force payment of fees in XBX tokens. like BitexPay, Bitex Atm, Bitex open-end credit, hopped-up By Bitex card so on.
XBX token utilizes a singular style that not solely powers the banking infrastructure however additionally rewards user loyalty whereas cultivating a sturdy developer scheme. By developing a mechanism to encourage adoption of the Bitex services, Bitex is in a position to bring a lot of native services to its users whereas additionally increasing the provision of merchants.
ICO Structure
Symbol: XBX
Token name: Bitex Coin
Total supply: 300,000,000 XBX
Soft-cap: one,000,000 XBX
Hard-cap: None

Pre-ICO Token price:
0.5$ = 1 XBX
Cost of one token XBX:
$0.7 to $1.0 at finish of token sale

The tokens remaining unsold when the pre-ICO and ICO phases are going to be unconditional during a Bitex company account controlled by a wise contract. The good contract are going to be programmed to unharness monthly to the Bitex community 1⅔ you look after the entire tokens at first command.
Secured ways in which to get tokens:
XBX tokens are going to be accessible for purchase exploitation Ether (ETH), and also the following act currencies: CHF, EUR, USD, GBP, DKK and SGD and Bitcoins (BTC) are going to be updated presently.

ROADMAP

For more information official, please visit:

Website: https://ico.bitex.global/

Whitepaper: https://ico.bitex.global/docs/XBX-Token-WhitePaper.pdf

Author :
BTT Name : appdeal
BTT profil : https://bitcointalk.org/index.php?action=profile;u=2443861
Eth Address : 0x3dE816E2F6FA28AB7Fad2B28fD8c649Ab5c0bdeC