🔥The BridgeX Network - Is a financial ecosystem framework!🔥

in ico •  6 years ago 

Cryptocurrencies and blockchain technology are becoming more popular and in demand every day. Various companies, platforms and organizations are implementing this technology in their work and produce their own digital currencies. The number of people and organizations using digital assets is constantly growing. However, most traditional institutions do not want to recognize cryptocurrencies. In some countries, the cryptocurrency is equivalent to the traditional currency, but there are very few such countries. Currently, in most countries, banks do not issue loans secured by cryptocurrencies, and prefer to use assets in the form of gold, real estate or other assets from the real world.

The use of digital currencies gives users a large number of advantages. These advantages include low fees, no intermediaries, fast transactions and the ability to make transactions anywhere in the world. Given these advantages, it is safe to say that in the near future the whole world will start using digital currencies. However, the cryptocurrency market has its drawbacks. One of the main drawbacks at the present time is the complexity of cryptocurrency exchange for Fiat money. Also, to exchange digital assets for Fiat, people have to use centralized exchanges. Such exchanges usually do not carry out transparent activities and have shortcomings in the form of high commissions, weak protection from hacker attacks and long service.

In the crypto-currency market, it is necessary to create simpler tools for exchanging paper money for digital and Vice versa. We also need tools that will enable us to use digital assets as collateral for loans and improvements that will allow us to make international transactions. To solve all the above problems and enable users of digital currencies to receive loans, to carry out currency conversion and to make international payments, experts have developed the BridgeX Network project.
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BridgeX Network is a global decentralized ecosystem that enables to combine digital and traditional financial markets. To this end, the ecosystem will provide services between digital and traditional money, facilitate users access to the digital asset market and eliminate intermediate operations that will save a significant amount of money and time. The developers set an ambitious goal to ensure the possibility of using digital money on a par with paper.

The ecosystem will consist of BridgeX Core, the BridgeX Platform, and third-party integrators. The main component is BridgeX Core, which uses smart contracts in its work and gives the opportunity to issue loans to users, monitor its repayment and record additional information. Money management will be carried out with the help of BridgePay, which makes it possible to convert traditional money into digital and back, as well as to make international payments and use credit funds. BridgeX Core will also enable users to use decentralized applications of various banks, which will be able to become members of the network and provide services in the ecosystem.

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BridgeX platform is a decentralized network application that has a simple and user-friendly interface and consists of sections BRIDGELoan, BRIDGEConvert, BRIDGESend. BRIDGELoan will be a tool that enables the lender to place their offers and satisfy customer requests for loans. Users of the ecosystem in this section you will have the opportunity to obtain loans and create with their terms of the loan.

The BRIDGEPay section will operate BRIDGEConvert and BRIDGESend. These tools make it possible to carry out transactions and currency conversion. It will support more than thirty different traditional currencies and will be able to send transactions to more than one hundred and eighty countries. The use of blockchain technology gives confidence that operations will be safe, honest and transparent.

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The main means of payment in the ecosystem will be the bxn token. Coins reduce fees in the ecosystem and can be used to pay for services. Tokens can be purchased on the ICO.

I believe that the ecosystem will be able to attract a large audience, because it allows users to crypto-currencies to carry out international transactions to take credits on the security of digital currencies and gives you the ability to easily and quickly convert their currency. The project has already started cooperation with large companies. Given that the number of users of digital currencies is constantly growing, the success of the project is obvious. I think that investing in the project at the initial stage will provide an opportunity to make a significant profit.

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More information you can find on these links:

WEBSITE: https://bridgex.network
TELEGRAM: https://t.me/bridgexnetwork
WHITEPAPER: https://bridgex.network/wp-content/uploads/2018/08/180827-BridgeX-Network-Whitepaper.pdf
BITCOINTALK: https://bitcointalk.org/index.php?topic=5024373.0
FACEBOOK: https://www.facebook.com/bridgexnetwork/
TWITTER: https://twitter.com/bridgexnetwork
MEDIUM: https://medium.com/bridgexnetwork
LINKEDIN: https://www.linkedin.com/company/bridgexnetwork/
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AUTHORSHIP:
Bitcointalk username: ressel
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1992083
My etherium address: 0xd5cdf2afA707A13E525EcC394cD7a20216E91873
Uniqueness 100%: https://text.ru/antiplagiat/5c42f1a587d14

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Great team and great product!

grand idea

I hope this project will manage to unite digital and traditional financial markets. Thanks for the review.

Looks interesting, thanks for the article.

It is really important to combine these two markets for further development of these areas

The project review structure is good. Everything is competently, beautifully decorated and interesting to read. Thank you very much!

Long-term vision of the project and an excellent team of professionals make the project attractive for investment.

Greetings @ressel

Excellent post, I like that the project wants to reduce the barrier between digital money and fiat money, this benefits enormously to the blockchain ecosystem because it could attract potential investors and add value to the market and create trust towards the ecosystem that is the most important.

Enjoy your day, Piotr.

The BridgeX platform is really up-to-date. everything will be fine.