ThinkCoin - digital token used within a peer-to-peer trading platform called TradeConnect.

in justacryptocurrency •  7 years ago 


ThinkCoin is the digital trading token that underlies the TradeConnect network. By engaging in trade to a block circuit, ThinkCoin allows you to trade forex, products, stocks and other financial products with your peers in a simple, secure and user-friendly manner. TradeConnect Limited is a member of ThinkMarkets, a licensed financial services company in the United Kingdom and Australia, which has more than 10 years of experience in FinTech.

Objective

Trading is stuck in models and structures that are decades old. Our parent company ThinkMarkets has flourished in this world, but new technology has created new opportunities in financial services, and we want to maintain our position at the cutting edge of innovation. In TradeConnect we are creating a trading network where the latest in AI technology and the revolutionary power of the blockchain combine to liberate trading from the constraints of legacy practices. ThinkCoin, the cryptocurrency it will run on, will ultimately allow the trading of any financial product, allowing an unprecedented variety of trades to be conducted. We’re going to harness new technology to design a network that brings a level of flexibility the markets have never seen before. Most of all, we’re going to change trading forever.

Solutions to the problem:

  • Too many intermediaries increase costs across the industry, creating credit and financial risk

  • There’s a lack of flexibility, making it difficult to transfer trades and meet the individual needs of every trader

  • Settlement takes too long; legacy institutions can take days to confirm transactions

  • There’s a lack of transparency among traditional broker models

Solution

We are developing TradeConnect: a state-of-the-art blockchain-based trading network that will enable the trading of any financial asset in the world. Our bespoke software will allow individuals and institutions to trade directly with one another, creating a balanced playing field where players large and small trade as equals. Trades will be verified on the blockchain, meaning settlements can be completed in seconds, rather than days — changing trading forever.

Token Information

Name: ThinkCoin (TCO)

What is ThinkCoin?ThinkCoin is our cryptocurrency designed to allow trading on everyday financial products and cryptocurrencies using ThinkCoin on a balanced and level playing field.

Total Supply: 500,000,000

Total Allocation: 300,000,000

Hard Cap: $30,000,000 USD

Soft Cap: $5,000,000 USD

Currency: BTC, ETH , BCH , LTC and Fiat Money

Roadmap

April 2018: ICO closes and TradeConnect Alpha released

May 2018: ThinkCoin Token (TCO) listed on crypto exchanges for trading

July 2018: TradeConnect network goes live in Beta for select clients

August 2018: TradeConnect enabled for trading on cryptocurrencies

October 2018: TradeConnect network trading begins in FX and CFD Products

November 2018: ThinkMarkets joins TradeConnect network and begins the integration of its retail users

December 2018: Estimated approval of TradeConnect US Exchange License

January 2019: TradeConnect begins offering trading in equities, commodities, futures and other exchange products.

March 2019: TradeConnect allows trading in physical equities for investors in Japan, Europe and Australia

July 2019: TradeConnect IPO

ThinkCoin Conclusion
ThinkCoin, or TCO, is a digital currency designed for use in the upcoming ThinkConnect trading platform. ThinkConnect seeks to democratize trading using a hybrid centralized/decentralized model: ThinkConnect will match market makers with market takers, then complete transactions off-chain while recording transaction data on-chain in a smart contract.Some of the key benefits of the platform include the ability to trade any financial asset in the world, the ability to conduct peer-to-peer trading in a global marketplace, and the freedom of completing trades in seconds – not days.

The Team

For more Information please visit links below:

Website: https://www.thinkcoin.io/

Whitepaper: https://docsend.com/view/5rxxi9c

Twitter: https://twitter.com/ThinkCoinToken

Telegram: https://t.me/thinkcointoken

My BitcoinTalk profile: https://bitcointalk.org/index.php?action=profile;u=1601725

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