Overview of the Internet of Value

The internet has proved to be very invaluable to the society,business world and financial sphere,transfer of data can be done seamlessly in a matter of seconds.Information can be transferred to anywhere in the world easily and with ease,which is not the same story with the exchange of value which is difficult and monitored by a centralized authority which is set to be swept off by the decentralized value exchange.

The internet of value system is all set on providing an exchange platform that can carry out transactions as fast as the transfer of information on the internet,without the interference of a centralized government. The birth of bitcoin redefined what money is,which is known as a nations legal tender, blockchian has introduced a era of smarter and more efficient way of value in your wallets.New communities now mint and lunch their digital tokens which are transferable for a specified asset,goods or services in a particular community.With these new currencies and further cryptographic applications will allow us to transact across different currencies with the "fiat"currencies having its own impact on the price of these digital assets.

Exchanges are now developed to meet the increasing demand of new tokens and coins.This platform(exchange) will be the market place where cryptocurrencies will be traded against each other and other fiat currencies.cryptocurrency exchanges will be the bridge to connect the various blockchain powered coins such as bitcoin,etherum.

we solely believe that the internet of value will be the next big thing it will improve greatly the way we see money in various line of business,mostly to the numerous unbank areas of the world.

The Internet Of Value

The problem In The Cryptoexchange

Managing an operational exchange for digital assets is a hectic and very crucial one,cause of the risk of asset loss and other underlying problems.Loads of information's about an investors transactions are saved in the exchanges log,hackers has found it very convenient to hack into these exchange site and make away with lots of information about an investor,this could ruin the reputation and could end the exchange platform for good.

Blockchain.io has promised to see that most of these problems if not all are addressed,meanwhile here are the problems outlined below:

Insecurity

Many hackers and cyber thieves has often preyed on the exchange platforms,attacking and making away with lots of asset in their possessions using mostly the DDos attacks to steal from crypto exchanges.A certain case was the heist on august 2016,a large exchange company acknowledged the loss of 120,000 BTC worth $75 million.According to reliable Intel their has been at least three dozens major heist in crypto exchange platform since 2011 till date,making away with approximately 1 million BTC.

Non-compliance

Many crypto investors has been afflicted with the issue of non compliance by the exchanges towards international and national rules and regulations his has lead to the accounts of many users frozen or either inactive.
On September 2017,following the ban by the Chinese(PRC) on of china's biggest exchange platform had to suspend its operations.
Also an exchange had no other choice than to suspend the accounts of its BTC holders due to the default on the rules concerning AML and KYC procedures.

Poor Management

Some exchanges have poor management,its mode of operations are highly opaque.the do not respond to inquiries and complaints from its users and investors,keeping them on the dark concerning issues affecting the exchange.
On July 2017 an exchange was accused of operating an unlicensed monetary service and money laundering ,the exchange was shut down and reopened after a court case had been held.

Outages

Poor service connections to the websites or a sudden service outage could cause a major blow to investors and users who may lose assets or value.
An incident occurred in June 2017 an exchange platform had service outage for hours causing a 25% decline in the price of both bitcoin and etherum.
after these outages most exchanges try to resume operations as soon as possible,ignoring keeping their accounting up to date and server infrastructure.

Blockchain.io Solution

Blockchain.io is going to play a major role in the realization of the internet values ecosystem,a gateway to see that internet of value, Blockchain.io is aiming to improve as an exchange to be the number one internet of value system on the planet.Blockchain.io has made modifications to see that the already existing exchanges will not be ranked the number exchange platform.

Blockchain.io shares the same set of cryptocurrency experts who founded paynium a fiat/bitcoin exchange that cares for the whole euro market.Blockchain.io shares the same unshakable security,reliability and accountability standard of paynium .Blockchain.io founders of this exchange aims to top its rival exchanges.

Blockchain.io Features

High security