Overview: ICO CGCX

in ico •  6 years ago  (edited)

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CGCX - An Insured Hybrid Crypto Platform

Calfin Global Crypto Exchange - CGCX, offers a state-of-the-art, highly sophisticated hybrid exchange.
Unlike most exchanges that offer only cryptocurrency trading, CGCX is setting itself apart in the
blockchain world by providing four platforms rolled into one to offer a wide variety of services to its
customers. CGCX keeps the security of its members in the forefront and in a first-of-this-kind service,
it insures the wallets against cyber attacks and hacks.
Crypto Exchange
ICO Listing
Merchant Solutions
Smart Contracts

KYC/AML
At CGCX, we take pride in our established measures of self-regulation, in the wake of the constantly
evolving regulatory landscape of cryptocurrencies. We will check our KYC/AML compliance
procedures for compliance with the requirements of Monetary Authority of Singapore and with laws of
Singapore.
CGCX implements automated KYC/AML services from Identity Mind, a leading provider of KYC/AML
blockchain solutions. All the clients and incoming transactions on CGCX are screened against known
offenders databases across the globe. Only KYC/AML cleared prospects can become clients.
If any of the users’ wallets have previously been involved in any illegal activities, the transactions to and
from such wallets would automatically be rejected. This advanced security feature ensures that CGCX
customers can trade safely.

Security Measures
The login process for CGCX will include typical 2FA measures and other security protocols such as: IP
address flagging for suspicious logins from a different IP address and CAPTCHA checks to prevent bots
and other automated systems from accessing our systems illegitimately.
In addition, we will also have full support for multiple forms of multi-factor authentication (i.e. SMS,
Google Authenticator, backup emails, backup passwords) based on the security requirements of the
user, as well as the type of account level transactions that the user wishes to make.
We also follow industry-leading practices of using multi-signature wallets and a two-step approval
process for managing our funds, as well as a combination of hot and cold wallets for storage.

Smart Contract Platform
Current contract systems are largely paper-based, and therefore vulnerable to inefficiency, fraud and
high transactional costs. When a traders ships goods, he receives a paper bill of lading. In order to
obtain trade finance, for example through a letter of credit, this bill of lading has to be sent by courier
to his bank and go through many checks and balances that are manually managed in the system.
This process is relatively slow, which creates a need for efficient system that is digitized like blockchain.
Our platform has the ability to program smart contracts, which can execute payments automatically
without human intervention. All tradable assets that can be represented via a digital token and publicly
traded can be used in these smart contracts, subject to regulatory requirements.
Each of our smart contracts will be written by experienced solidity developers, and, as an additional
security measure, they will also be reviewed by professional Ethereum whitehat teams before
deployment.

Token Info :
Token : CGX
Platform : Ethereum
Type : ERC20
PreICO Price : 1 ETH = 8,500 CGX
Price : 1 ETH = 8,500 CGX
Soft cap : 5,000,000 USD
Hard cap : 1,000,000,000 CGX
Tokens for sale : 1,000,000,000
Link to the official website: https://www.cgcx.io/
Link to the whitepaper: https://www.cgcx.io/wp-content/uploads/2018/04/23-april-2018-CGCX-Lightpaper-new.pdf

Author
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1320086
ETH Wallet: 0x21393098DA15Af830891c2e19A8128169dfDc6C1

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