BQT: Social P2P Crypto Exchange and Hedge Trading Platform

tiwik (-1)(1)in #ico • 6 years ago

Introduction
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.

Furthermore, market now demands for ability to hedge crypto assets for a short period of time to acquire other Crypto holdings. For this reason, the project I am going to present you is BQT, a new cryptocurrency project that will introduce the revolutionary approach allowing traders to leverage their crypto holdings to acquire crypto assets from other peer traders.

Video Presentation

Definition and goals
As I said before, BQT (BQTX) (https://bqt.io/) is a social platform for the exchange of P2P cryptography and coverage trading. The most important objective of BQT is to build a community and culture of Crypto Traders using the Platform, helping the community and benefiting the community.

They also believe that the demand for the desired acquisition of cryptographic assets can be satisfied with a significant offer of various cryptographic assets and negotiated directly by Trader Peers. Therefore, while many Blockchain experts are trying to find more ways to marry CRYPTO with FIAT, BQT Team believes in reducing dependence on FIAT.

ACTING WITHIN THE CONCEPT OF BQT

The bqt p2p platform applies the harmless and dispersed advantages of the Blockchain, providing elastic performance for the purpose of traders in absolutely all society.

Benefits

On the one hand, BQT P2P Exchange Platform provides a secure, interactive and flexible operating environment, as well as an easy-to-use interface for your community to manage various types of transactions that consist of many cryptographic assets in the operators' portfolios. Besides, the BQT Platform allows operators around the world to securely publish their trading conditions in the exchange and negotiate their cryptographic operations interacting directly with each other and sharing their experience with the community.

On the other hand, BQT introduces the revolutionary approach that allows operators to take advantage of their cryptographic stocks to acquire cryptography assets from other peer-to-peer operators. Unlike Margins and Futures Trading, BQT's Hedge Trade system is a flexible method for Traders to acquire cryptographic assets from their peers for a short period of time through the custody of their existing cryptographic holdings and maintaining their ownership for a period of time period of the operation.

Bounty

The project gives the opportunity to earn BQT tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk WebPage here (https://bitcointalk.org/index.php?topic=5018781.0), where you can access the link in order to see what are the conditions to become an early BQTX contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (https://bqt.io/#whitepaperf). You can also stay tuned in their official ANN Thread here (https://bitcointalk.org/index.php?topic=4855053) or received all news following their Telegram Channel (https://t.me/BQTICO). I hope you liked the post and soon I'll send you new ones.

Token details
Token: BQTX
Platform: Ethereum
Type: ERC20
Price in ICO: 1 BQT = 0.00125 ETH
Tokens for sale: 115,000,000

Token Distribution