FENIKS.FINANCE - New Financial Blockchain Based System

in #bitcoin6 years ago

Welcome my friends to an exciting new Project today and let's take a look at their great idea:

ABOUT

Feniks.Finance is a new financial blockchain-based system, created on a fundamentally new concept, that is able to increase its speed as needed and add new functionality. Feniks.Finance can be used as an international banking system for information transfer and payment implementation. The first version of Feniks.Finance will be able to handle payment and storage of user funds. Namely, banking transactions are labeled in the SWIFT system with MT103 as payment sent and MT202 as receipt and crediting payments to the account. The next step in system development will be 700 SWIFT operating groups, namely documentary transactions known as collateral and letter of credit. The introduction of group 500, ie operations with securities, indicates that an exchange will appear on our network.

The technical characteristics of Pheniks.Finance will determine, because none of the solutions we studied can actually provide the speed of 50,000 transactions per second, which is necessary to create real competition with the current financial system and payments.

Simply put, the Feniks.Finance blockchain-based platform enters the world of digital currencies to address current problems and offer solutions based on the latest technology. Analysis of the current market situation and the products offered leads to the conclusion that there is a clear need for a high-performance blockchain platform that can host multiple services. One of the services that Feniks.Finance combines is a banking system tool.

Phenical. The main character of the financial platform, which makes this system a revolutionary product, can be summarized in the list below:

  • Feniks.Finance runs on cloud-based blockchain based systems composed of multiple computing, storage, and network servers;
  • Phenical. Finance can be increased up to 50,000 / sec. Higher performance levels can be achieved with more hardware and data center resources;
  • Phenical. Finance utilizes blockchain technology for security and transparency in operations;
  • Pheniks.Finance combines and provides all the semantics, functions and most of the interface elements of the SWIFT banking system.

With the above configuration, Feniks.Finance has the ability to provide payment system services such as VISA or MasterCard. In addition, design and network architecture provides the foundation for future services and projects. One good example of such projects is the exchange to be hosted by the Feniks.Finance platform in one of the next development phases.

ADVANTAGES

HIGH TRANSACTIONS SPEED
Network speed exceeds 50,000 transactions per second, which is enough to replace the VISA payment system. It can be used as an alternative to the SWIFT system.

LOW TRANSACTION FEE
The fee of one transaction is 1 Feniks coin.

“SWIFT” ON THE BLOCKCHAIN
World-class blockchain alternative for interbanking settlements with semantics and functionality of SWIFT.

BANK SECRECY
The access level to the information about their assets is determined by the account owner, by providing or not anyone with a temporary or revocable key to access information about his/her account.

MASTERNODE SYSTEM
Members of the Feniks.Finance network are the holders of nodes. In order to become one, you need to own a certain number of coins, which are blocked for the node’s lifetime. Feniks.Finance node is a server of a certain capacity, operating Feniks.Finance software, and connected to its network. Thus, Feniks.Finance implements the principle of transactions confirmation by the owner of coins, also known as Proof of Stake mining.

UNIVERSAL FINANCIAL GATEWAY
As many other distributed blockchain networks, Feniks.Finance is a universal solution. In addition to servicing financial flows, we see Feniks.Finance as a platform for knowledge base, legal solutions, network games and any other area of activity requiring collective participation.

TECHNICAL SPECIFICATIONS

Feniks.Finance is a high performance blockchain based platform, which leverages blockchain technology for security and transparency in operation. Described in previous sections, the problems and solutions proposed by Feniks.Finance platform, require high level expertise in information technology. Feniks.Finance team has a vast expertise in building and hosting high performance network infrastructure and in blockchain technology.

One of many important technical aspects behind the Feniks.Finance platform solution is that it runs on a cloud-enabled blockchain based system consisting of multiple compute, storage, and networking servers. To serve the current users demands, the platform is scalable up to 50,000 transactions per second (TPS). Feniks.Finance blockchain based platform is designed to run at even higher rates of performance (100,000, 200,000+ TPS), which are achievable with additional hardware and datacenter resources.

In regards with the banking component, we take all the semantics, functionality and most interface elements from the SWIFT banking system. The initial version is planned to support the following:

  • MT100 code groups (money transfers);
  • MT200 group (acceptance or rejection of money orders);
  • MT900 group (free format messages without key obligations).

At the second stage we plan to connect a group of MT700 (letters of credit and bank guarantees). In the future, it is planned to transfer all banking practices described in ICC500.

TOKEN METRICS

Token total supply: 100 000 000 000
Token available for sale: 50 000 000 000
Symbol: FENIKS
Contribution method: ETH
Token price: 1 ETH = 1 000 000 Feniks
Hard cap: 50 000 ETH
Soft cap: 15 000 ETH
Private sale: 5 000 000 000 (5 000 ETH)
Pre-sale: 20 000 000 000 (20 000 ETH)
Sale: 25 000 000 000 (25 000 ETH)
Development fund: 16 000 000 000
Team: 10 000 000 000
Strategic partners fund: 10 000 000 000
Liquidity fund: 7 000 000 000
Marketing: 7 000 000 000

TOKEN DISTRIBUTION

RAISED FUNDS DISTRIBUTION

You can find out more about the platform or participate in their sales crowd through the following links:

WEBSITE :https://feniks.finance/
WHITEPAPER :https://feniks.finance/docs/EN.pdf
YOUTUBE :https://www.youtube.com/channel/UCfLZHaUtxI93VUslyU6vR4w
TWITTER :https://twitter.com/feniks_finance
TELEGRAM :https://t.me/feniks_finance_original

BitCointalk username: Aray80
Profile link :https://bitcointalk.org/index.php?action=profile;u=1324910
ETH Address :0x61379f78587FaF5cd5e8006007Dd97AF8b6b966F

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