AllStocks: Crypto currency provided by real assets

in ico •  6 years ago 

Well, the founders of today's project have come up with an unambiguously effective solution that will allow many participants from the investors of the crypto-currency market to carry out crypto-currency operations (and not only) much more profitable, convenient and, most importantly, decentralized.

Today we are talking about the AllStocks project in order to get to know better its idea, concept and capabilities. To begin with, let's talk about AllStocks as a whole, analyzing the very idea and principle of work. In the next part of the review, we will discuss in more detail the application of the platform in life and all possible cases of its use.

The final article will be devoted to the demonstration version, since not long ago the creators of the project provided it in free access to their potential customers from among users of the crypto-currency market. Therefore, let's talk about what the demo version will tell us about the platform.

The idea of ​​the project

In simple terms, AllStocks will become a kind of bridge connecting two progressively growing markets with a huge potential - the traditional financial asset market and the crypto-currency market. Thanks to this, solutions in this area can be supplemented by the opportunities and advantages of revolutionary blocking technology, which has already shown itself positively in such a field. 

More specifically, the idea of ​​the AllStocks block project is to create a network of AllStocks Network, which will unite a number of crypto-exchange exchanges, and will also be based on the use of crypto-currencies in the form of tokens provided with real assets.

Distinctive features

No stock exchange was possible

So, let's move on to the features of building such a platform. First of all, it is worth considering the fact that AllStocks is not actually a separate crypto exchange. Instead, the project's founders decided to merge several already existing and successfully functioning crypto-exchanges, which have already been tested and used by participants in the crypto-currency market for a fairly long period of time. 

Let's think about why it is better from some side than to create a separate new crypto exchange. Let's say you are a crypto-currency investor who, all his life (at least all the time that he is engaged in cryptotrading) uses the same crypto-exchange with its features, commissions, opportunities and so on.

You know the stock exchange from and to, and are used to how to use it. And now imagine that you are offered to carry out the same activity in some way better and more profitable, but for this you will have to completely change the environment of activity, abandoning the already native crypto-exchange.

It's unlikely you'll go for this, right? Therefore, the founders of AllStocks collect the most popular crypto-exchanges in a heap so that users can effectively take advantage of their capabilities in conjunction with the capabilities of AllStocks. Thus, all wallets and profiles remain the same, so users can continue to implement crypto-investment activity, buying and selling the crypto currency, and also converting it into a local fiat currency.

All investors in business

The fact is that AllStocks provides simple and convenient tools not only for crypto-investment, but also for traditional trading and transactions with actual assets. Along with asset-backed tokens, AllStocks has the opportunity to work with shares of companies, other assets of companies, as well as foreign currencies, which include a number of available currencies, including: USD, EUR, GBP, RUB, CNY, JPY and many others. 

Thus, AllStocks not only provides crypto currency, linking it to a real asset, but also provides users with a unique opportunity to trade both crypto and other assets at the same time, unlike other block projects that most often provide services for participants in the crypto-currency market.

Block as the guarantor of decentralization

As in many other modern IT start-ups, the main technology on which AllStocks will be built will be the technology of blocking, along with all its capabilities and benefits. But what is most interesting is that it will build not only the principle of carrying out operations with crypto currency, but also more traditional instruments. 

Thus, such features of the blocking as an increased level of security, minimum cost, transparency and reliability, will become possible in AllStocks. We will continue discussing the project in the next article , in which we are waiting for possible cases of using the platform in practice.

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Nice to see you and I Upvoted you :) !
:
“The most dangerous enemy of truth and freedom among us is the compact majority. Yes, the damned, compact, liberal majority...” ====> Thomas Stockman

Thanks :)