Linking Cryptography to Traditional Financial Industry

in #banking6 years ago (edited)

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Traditional Financial Industry

Traditional Financial Industry has created a huge downward drag to the acceleration of the global development in many ways. As an example, the most precious thing in the whole universe is the time, Ineffectiveness of traditional financial industry destroying millions of human-hours just for very insignificant things. Higher human intervention is a necessary thing for traditional financial methods. So the industry has to suffer from human needs-based time periods, labeled as office hours, lunch time, tea time etc. There is no any possible way to execute a 24/7 service. If human intervention can be reduced, then all the processes of the traditional financial industry will automatically become effective.

But prevailing mechanisms and manual or outdated technologies have failed to fulfill that need so far. Higher centralization and prevailing outdated procedures such as AML & KYC verification have resulted in this inefficiency. No matter how much those financial institutions have incorporated into digital technology, all the transactions have attached with higher service fees. Most of those fees correlating to the inclusion of intermediate third parties, which are unavoidable because Traditional Financial Industry depends on them.

Ingot Coin Steps Up

Ingot Coin (IC) is the first to be fully equipped with a blockchain-based Wallet with a Digital Bank, Brokerage facilities, An Exchange, Certifier, and Initial Coin Offering (ICO) Accelerator. This is the most powerful combination ever existed in crypto history. IC users will be granted to invest in stocks, cryptocurrencies, fiat currencies or even ICO's with a single place.

Ingot Coin will disrupt the Financial Industry by introducing a better technological solution through the cutting-edge technology named as cryptography. The ecosystem of the Ingot Coin has mainly developed for the purpose of linking the crypto world to the current traditional financial industry. This linkage can provide a better service to investments, financing, management & advisory, trading, insurance including all other financial related needs. Existing linkages have failed to remove the segregation between crypto and traditional financial market. Due to that, users facing many difficulties and losses. Let's see how Ingot Coin use cutting-edge technologies on his services.

The foundation of cryptography lies in the Blockchain. Blockchain consists of numerous technologies that work together to create a ledger (public/permission) of records arranged in blocks, they are linked together through the process of encryption. The inclusion of blockchain gives various benefits when it comes to financial industry, As an example earlier mentioned human intervention can be nullified, which will result in creating a higher efficiency to the transactions. Frauds happening in financial sectors can be completely eradicated using this technology because each and every transaction in the industry will be recorded in a common ledger. Decentralization provided by cryptography will reduce the vulnerability of cyber attacks on current centralized databases. Payments and clearances of financial institutions will become enhanced with changing the traditional role of intermediaries to the blockchain. Fees can be reduced vastly regarding that fact.

Ingot Coin has wrapped up all these advantages throughout the trail of IC users, so IC users can have the best experience they ever had in the financial industry. Ingot Coin has a big support from their own previously established companies.

The specialty of Ingot Coin

Ingot coin introduces the best combination of crypto components within a perfectly designed ecosystem. IC ecosystem can provide Crypto vs Crypto Trading, Crypto vs Fiat Trading, Crypto vs Traditional, Fiat vs Fiat Trading, Fiat vs Traditional, Custodial Services, Payment Processing, CryptoCurrency Custodial, 24/7 Digital Banking Service, Highly Liquid Exchange, Listing New CryptoCurrencies, One-Stop-Shop for creating ICOs, Setting Educational Standards, Fund Management, Credit Ratings etc. I bet there is no any other project which can provide this much facility from a single place. Actually, above facilities will be provided by the phase 1 of the project, Phase 2 is focused to create the world's finest Digitized Commodity Exchange. They haven't revealed much information regarding the phase 2, more information will be provided before phase 2 launch.

ICO & Essential Links

Pre-ICO is now over, IC has successfully raised 40,000,000 USD for 6,273 true visionaries. Initial Coin Offering of Ingot Coin is now live. IC provides Up to 25% Bonus for buying now. IC has a concrete target to be one of the top ten cryptocurrencies.

Website : https://www.ingotcoin.io/
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Whitepaper : https://www.ingotcoin.io/documents/en/white-paper.pdf
Email : [email protected]
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aww introduction of a new coin. Although cryptocurrency have a lot of benefits but still it is not trustable. because now every one issuing a new coin when supply increase as the result demand decreases and price also decrease. may it is bubble.mostly countries has been banned cryptocurrencies.so i think so accepting this new idea is a difficult deal in every part of the world

Actually the use cryptocurrencies can be as a utility token, payment token, security token etc. For some coins price will be a just a number, there is a more extended world if someone can neglect the price. I donno why countries ban crypto, sometimes they must be just stupid. The potential of crypto and coins are unimaginable, Ull realize one day

The idea of this crypto currency seems excellent now that will allow investments to short and long term, and the introduction of new technologies to this medium to improve financial services, I'll be on the lookout for this new technology.

Ingot Coin project provides a better linkage between new crypto markets and traditional financial markets using a perfect ecosystem. The ecosystem of Ingot coin is the most exceptional thing since it has added various amazing components to accomplish its unique vision of creating that linkage. Yes your Idea is great, Keep in touch

I think that we will reach a point where people don't will be necessary for the implementation of new technologies and advances in implementation of criptocurrencies, at the same time I think that this idea already much greater to provide performance is very good.

Your comment is little bit confusing, But I thin you meant about the better future comes along with th cryptography. IC will definitely provide the best path for the better performance of that future.

It's look like a good concept behind Ingot Coin. But nowadays it is little bit risky to participating in ICO. Though this coin look promising. Let see what happen later.

Actually IC can be identified as one of the best project started on 2018 in concept-vise, Thats my opinion. I think you should share your thoughts with the IC community I you intend to invest, join here

First time i hear about this coin

Oh is that so, what you think about IC @saarinout ?

This is the best thing with crypto currency they are so friendly more over the services they are offering is really Amazing.Like the way you have explained about it.

Thank you for your positive feedback, You got the poin the service they offer is the valuable part, price will be fluctuated anyway. IC has great service to be provided to the world. Did you found that?

Yes IC really has got some awesome features i am so glad and thanks a lot for introducing this coin and yes crypto industry is offering lot more services than any other sector.

Money must always exist, as the state must always exist. Blockchain is not only combined with cryptocurrencies, it's also Steemit platform thing. What the future brings, I do not know. For now, I using platform Steemit, although I have never even bought a piece of cryptocurrency.

That means you are not a crypto trader, You are a respective crypto user. there is nothing wrong with that, World needs more people like you to enhance the utilization of crypto currencies, then the prices in the crypto market will be very stable. tragedies like which happened in late 2017 will never be possible. Ingot coin will provide you a better experince to your connection to the cryptography. Since sateemit is in top 50, you can even buy a laptop with your steem earnings easily.

what is the actually price of ingot coin currently. and how it go long in future give me details

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