OPEN TRADING NETWORK OFFERS CRYPTOACTIVE TRADING TOOLS FOR ALL ENTREPRENEURS

The cryptoactive ecosystem continues to grow and more and more users are involved with this disruptive technology. In its expansion, decentralization has been a fundamental issue and the Open Trading Network project hopes to consolidate this growth by offering tools that are easily accessible to the less experienced public.

The vision of the company is to build a set of applications designed to make the cryptographic world open to the common man and all market participants, this with the construction of a decentralized exchange house and 100% guaranteed.

Open Trading Network Foundation is responsible for the project. It is a non-profit organization based in Zug, Switzerland, which plans to revolutionize the economy of the global ecosystem by developing a secure system that combines numerous isolated blockchain networks into a unified open network. The Open Trading Network will allow instant transactions among a large number of blockchains, which will facilitate the immersion in the ecosystem of companies, individuals, traders and regulators.

The goal of OTN is to make the benefits of this growing cryptoeconomy available to ordinary users and all market participants. They want to achieve this by creating a set of mass market applications for the efficient management of cryptographic assets, making transactions between markets, secure storage of savings, access to the global market, working with symbolic loyalty systems and making purchases from a cryptographic wallet .
Open Trading Networks

SERVICES AND TOOLS

The project will include its own portfolio. This multi-currency wallet will serve to store and exchange a significant number of cryptocurrencies. Users will enjoy fast and secure transactions, a balanced portfolio, direct exchange and P2P transfers. In addition, the portfolio will include analytical tools, profitability reports, tokenization and detokenization of assets.

"A company can quickly configure tokenization for any service and enter the market instantly. For financial institutions, we want to offer a convenient transition to a new ecosystem, while maintaining speed and liquidity. For regulators, the network will provide the necessary transparency and additional regulation as well, "reads the paper.

After the launch of its portfolio, the next two products of the network will be the OTN.Business and OTN.Exchange. The application will allow the issuance of tokens and their inclusion in stock exchanges, as well as tokenized rewards plans and the integration of payment schemes that use these tokens.

For their exchange they will have the OTN Exchange, which will allow the exchange of the tokens, maintaining the total transparency of all the transactions.

The Open Trading Network has been created in association with IQ Option, which in addition to financing the creation of the network, also provides the platform for its first commercial use.

CREATION OF YOUR TOKEN

Since October 7, Open Trading Network Foundation began the process of issuing a total of 100 million OTN tokens every Monday for the next 104 weeks. The distribution scheme is the following: 42 million for the holders, merchants and wallet users of the platform; 28 million for the shareholders and team members of IQ Option; 30 million will be reserved by the foundation for future distribution.

In this first stage, they will be tokens created with Ethereum's ERC-20 protocol. 16,666.7 chips will be distributed next Monday and more than 215 thousand users have already received OTN tokens. During 2018 airdrops of the currency will be made so that more users can access it.

The team says they do not try to collect money from users to develop a network, so they will not make an ICO. "We do not use the ICO format to raise funds because we are working with a large broker that provides all the necessary funds to develop and execute the OTN network. We want to distribute OTN tokens to the encryption operators and professional participants who will become active users of the network we are creating, "the document emphasizes.

They will start from a blockchain hybrid scheme and distributed non blockchain solutions, which provides the necessary flexibility to satisfy all market needs, allowing the rapid implementation of the platform's tools in the ecosystem with a modular approach for its implementation. Each feature of the platform will be destined for a specific type of activity and user.

OTN is headed by Dimitri Kutuzov and more than 550 professionals are working on the project. "We are not trying to use blockchain to solve each problem, we are only using it in the parts of the system where this is justified", underlines the white paper, assuring that the potential of this technology will be well exploited.

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