ICBCoin: International Crypto Bank Coin

clauming (7)in #cryptocurrency • 6 years ago (edited)

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.

For that, the project I'm going to present you is ICBCoin (ICBC) the first cryptoplatform in the world which united the cryptocurrency, banking service and forging.

Video Presentation

ICBC (www.icbcoin.com) is a platform for the next generation of crypto-currencies based on blockchain technology. The project is financed by commissions for transactions, account services and exchange transactions. As the project develops, the profitability and functions of the platform will grow.

The main objective of ICBC is to combine banking services with the use of cryptocurrencies and forge on a single platform. The forge looks like a scheme for the production of blocks in a variety of cryptocurrencies.

The platform will allow customers to use traditional banking services and make deposits in advantageous conditions, as well as obtain additional benefits through counterfeiting and obtain benefits through trading in the internal stock market.

Apart from the advantages explained above, the ICBCoin also offers: - Possibility to exchange ICBT tokens for ICBC cryptocurrency on the internal exchange with up to 55% per annum profitability - 50% of the cryptoplatform income will be used to redeem tokens at the market price - Part of the team’s tokens will be frozen for more than 6 months - Token trading on cryptocurrency exchanges

The project gives the opportunity to earn ICBC 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=3946603.msg37679242#msg37679242), where you can access the link in order to see what are the conditions to become an early ICBT contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (https://ico.icbcoin.com/doc/WhitePaper_ICBCoin_en.pdf). You can also stay tuned in their official Telegram Channel (https://web.telegram.org/#/im?p=@icbcico). I hope you liked the post and soon I'll send you new ones.

Tokenomics

International CryptoBank Token (ICBT) is based on Ethereum Blockchain and is published in ERC20 Ethereum Platform. It will be used to ensure the functioning of the internal mechanisms of the platform.

Token: ICBT
Platform: Ethereum
Type: ERC20
Price in ICO: 1 ICBT = 0.003 ETH
Tokens for sale: 225,000,000

Funds Distribution

Roadmap

Date	Event
2014 Q4	The idea of creating a crypto platform.
2015 Q2	Working through the concept.
2015 Q4	Approving the concept and functionality of the crypto platform.
2016 Q2	Getting started with the crypto platform.
2017 Q3	Getting the alpha version of the project.
2018 Q2	PRE-SALE start. Conducting PRE-ICO and ICO. The debugging of the crypto platform is about to end.
2018 Q3	Listing on stock exchanges and launching the ICBCoin cryptographic platform.
2019 Q1	Development of mobile platform version.
2019 Q3	Obtaining a banking license.
2019 Q4	Connection to the platform of the fiat currencies.
2020 Q1	Issue of debit plastic cards.
2020 Q2	Implementation of new functionality and further development of the crypto platform.