INGOTCOIN–THE BLOCKCHAIN REVOLUTION FRONTIER

karldark (40)in #cryptocurrency • 6 years ago

Blockchain technology is regarded as a significant innovation due to its innovative tendencies. Alongside is its strong intent to spark a revolution that would cut across a wide range of technological and industrial sectors. This has already begun and is epitomized in various transforms in industries such as the trading industry, making of payments and brokering settlements as well as the speed of transactions.

One major innovation facilitating these really amazing contents is the Smart Contract feature of the blockchain. This feature introduces a form of intelligent system that makes it possible for various transactions and contracts to be facilitated without any form of centralized interference or middlemanship. This has catapulted the industry to high realms of competence and reliability ratings.

Current Cryptocurrency Challenges
The cryptocurrency market despite the high praise being sung for it yet has lots of improvements to undergo. The dire need screams out in the form of the numerous challenges beguiling the industry, and unless these are adequately taken care of, growth would remain impeded. Some of these plagues are outlined below:

Broken Link Syndrome: As parallel markets, it is largely expected that for now, there needs to be a seamless flow between the traditional fiat-based market and the cryptocurrency-based markets. That, however, is not the case. There is rather a huge spasm of segregation that exists between these two significant markets. In spite of the revolution wildfire that is expected to consume the traditional systems and pave way for the ultimate establishment of the blockchain structure, it is expected that while that is yet to be a full reality, there is a serious need for the two markets to be hand-to-hand so as to work hand-in-hand.

Scary Financial Market Rates: With the prevalence of intermediaries epitomized in the form of financial institutions, there is an expected rise in rates that are set in the market. Intermediary institutions and individuals such as banks and brokers tend to cause an inflation in the overall fees experienced in the general financial markets.

INGOT COIN ECOSYSTEM – A WAY OUT

The Ingot Coin ecosystem is proposing a solution that would be hinging upon some key components of the platform. These pillars are discussed in the following paragraphs:

Ingot Coin Wallet: In the ecosystem, users would be accorded wallets which would serve as storage for all forms of cryptocurrencies that would be supported within the ecosystem. The wallet would a secure one that would be incorporated with multi signatures to ensure transfers are authorized and made over a secure line. Users can shift currencies within the ecosystem as well as move them between wallets.

The Ingot Coin Exchange: In the ecosystem would be an exchange. This exchange would be securely integrated with the Ingot Coin Wallet, the Ingot Coin Brokerage as well as the Digital Bank present on the platform. With the exchange feature, users can regularly get updated on cryptocurrency exchange rates as well have access to new Initial Coin Offers being brought to the market.

The Ingot Coin Digital Bank: This would simply be an online service that would operate on a 24/7 basis and would offer users services such as speedy and efficient e-payment options, the opening of bank accounts as well as brokerage accounts. There would account options of either savings or current accounts just like in an ideal banking situation.

Ingot Coin Brokerage: The brokerage services of the Ingot Coin platform will facilitate increased liquidity while providing access to financial products, efficient market pricing. The Ingot Coin Brokerage offers a host of numerous services which allow users to hedge and expand their investment portfolio.

Ingot Coin Crypto Certifier: Realizing that many individuals interested in the cryptocurrency markets lack the basic understanding of blockchain technology. Ingot Coin seeks to provide a platform for cryptocurrency novices to acquire the necessary knowledge on cryptocurrency and blockchain technology. Ingot Coin offers a diverse set of certified courses on information technology consulting, cryptography, compliance amidst other relevant courses. Successful graduated will receive certification from accredited industry-leading masterminds.

Ingot Coin ICO Accelerator: As the cryptocurrency market continues to grow and new projects get offered to the public through an Initial Coin Offering, Ingot seeks to create a solid platform that will facilitate the launching of ICO projects while offering the necessary services for a successful crowdsale like public relations services, whitepaper content creation, legal services, marketing strategies, and blockchain technology development.

Ingot Coin and The Token Sale Exercise
The Ingot Coin with the ticker LC is the native cryptocurrency of the Ingot Coin platform and it will be issued on Ethereum. Ingot Coin complies with the ERC20 standard and only a limited total supply of 120 000 000 LC can be issued.

LC serves as the primary means to benefit from the services of the Ingot Coin platform. LC is being offered to members of the public to purchase through a token sale/ICO exercise. More details on the exercise can be found below:

Team And Advisors
Having recognized the need for a revolutionary approach to crypto-banking and financial industrialization, the competent team has devised an innovative concept to catapult the crypto market to a whole new level of genius.

Conclusion
The cryptocurrency market is unarguably going to take over the world. The question is when? Part of the factors delaying this is the prevalence of little foxes impeding the growth and development of the industry. Eliminating these factors would thus imply that finally, the industry would get the air to breathe and the oxygen to fan its flame to a wildfire.