Why You Should Invest In Dinngo Ico
It's no longer news that icos are dead however, there are still some gems to be filtered if you look closely. Dinngo offers such an opportunity.
in this article I would explain what dinngo is all about, it's advantages to investors as a hybrid exchange and the future of exchanges as a whole which make dinngo investment a worthy one.
Need For Better Exchanges
There are more exchanges in the market today than ever before. According to Coinmarketcap over 1200 exist today, to show how huge this industry has become. Although many of these platforms offer ways for traders and investors to exchange cryptocurrency, most of them are either centralized(CEX) or decentralized(DEX). this leaves the user with less option but to select between one of the two types.
Challenges of CEX & DEX
CEX are centralized exchanges that work the same way as a bank. they accept customer funds or coins with the promise to exchange the coins when another customer comes with a matching order. Although CEX works with tight operating procedures including quick processing of orders and high liquidity, they can sometimes expose the user assets to a major risk of security hacks or scams. This is due to the fact that with CEX customers has to hand over complete control of their currencies to such platforms.
CEX also act against the core principle of blockchain which is decentralization. Decentralization was meant to allow anyone from anywhere in the world make easy transactions without the aid of a third party. CEX defeats such purpose.
DEX, on the other hand, gives an advantage over CEX in that it gives users full control thus minimizing risk and loss of their funds. It however, comes with disadvantages of high transaction cost and long wait time for transactions to be completed.
Hybrid Exchange A Better Solution?
The concept of hybrid exchange came about by adding elements of decentralisation to a centralized platform. for example, users can trade directly from their wallet by depositing digital currency to a smart contract without the aid of a third party, thus reducing the potential risk associated with giving control to such a centralized exchange. this then enables hybrid exchange to offer the functionality, transparency and liquidity of CEX alongside the security of DEX.
What Is Dinngo
Dinngo is the first exchange to enable a 2 step verification with mobile device and cold wallet. It uses hybrid technology to generate quick matches through the smart transaction matching engine enabling users to exchange and trade in a safe and convenient environment.
Dinngo would revolutionalize the way people trade cryptocurrency by giving anyone access to connect their cold wallet devices directly to the dinngo platform to transfer funds. This process would give the user full control. dinngo would also reduce the risk of loss of assets with its decentralized system.
Moreso, it would provide a customized trading interface that is both appealing to users as well as provide an easy guide to trading. Integrating this with smart transaction matching would make the whole process of trading a delight. Smart transaction matching would ensure easy pairing and reduce the long wait traders usually experience in DEX before their cryptocurrencies are exchanged.
To add to these Qualities, dinngo would offer a top notch customer service to its users. According to the team, you should expect the following once you submit a support ticket.
- Immediate acknowledgement once they receive your queries
- quick response that would not go past a day
- status update if issues were resolved or not (daily)
Does Dinngo Offer Value?
dinngo would use its proprietary smart transaction engine to help users in the off-chain smart pairing in order to ensure fairness, transparency and efficiency. So yes it offers a ton of value
TEAM
Blake Ho - coo
blake got her bachelor of money and banking from national chengchi university, one of the best business school in Asia and she worked with citi bank as banking associate since 2013. During her time with city bank, she built her network with various clients across several industries and handled various projects there. Her experience in the banking sector would aid greatly in building dinngo
Ben Huang- CBO
Ben graduated with a master degree in computer science from national taiwan university. he adopted cryptocurrency at an early stage and is the core blockchain developer of Gcoin DIQ since 2014. As chief blockchain officer of dinngo, he will lead the team to build full-scale architecture and focus on the important area of the business such as scalability.
Johnny Chuang- CFO
johnny has a record for working in the financial service industry. his speciality is analytical skills, risk management, coperate finance, banking and accounting. Before joining dinngo, he worked as the consultant at deloitte as well as a senior associate at Boston consulting group. He graduated in electrophysis from national chicao tung university and completed masters from Columbia University. Working with dinngo, johnny would be in charge of all financial management tasks.
Hsuan-Ting Chu- CEO
Hype And Events
- [7/12/2018] - recruiting in tapei to select the best talents
- [12/2018] -dinngo join taiwanese fintech delegate to united state
- [12/2018] - dinngo registered as MSb with Fincen in the united state
- [23/1/2018] - Dinngo beta exchange launched
Conclusion
Dinngo gives lot of power to the investors and traders, unlike some exchange which are in complete control of user's assets. Dinngo merely provides the platform while the users safely stores their cryptocurrency.
They are currently in their ico phase so you can read my ico review on dinngo [Here] (https://cryptocoinpravda.com/dinngo-ico-details-and-review.html) or check their channels for more info
Website https://dinngo.co
White Paper https://about.dinngo.co/whitepaper
Telegram https://t.me/DINNGO
Twitter https://twitter.com/dinngohq
Bitcointalk https://bitcointalk.org/index.php?topic=4948105.0
Bountysuite >> Eduarduv1
0xC4C72d679deE09D08C819563aAd5B3A92351d426