What You Need To Know About Blockchain.io As An Investor

in #ico6 years ago (edited)

The purpose of investing your money is to get multiple of it or to make profit, and i would like to give a definition of investment as written on Investopedia's website.

An investment is an asset or item acquired with the goal of generating income or appreciation. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit. - source

As hundreds of ICO project are born every day, investors are left with a complex decision on which project to invest in, due to over-saturation of ICOs projects that surfaces every day. Now I want to make a simple analysis of why an investor should invest in Blockchain.io.

The Project

Blockchain.io is developing a fully secured, flexible, reliable crypto exchange to serve current crypto users and users who are yet to be born to the crypto space. They are creating an infrastructure that is ready for high volatility. They want to develop this platform by leveraging their army of developers.

paymium-blockchainIO-cryptoninjas.png

The Team

The Blockchain.io team is a highly capable with past proven success result. I think the team is one of the strongest assets of the project. The team is the mastermind behind the Paymium exchange founded in 2011 and to date no record of security bridge in their platform. This is the first bitcoin exchange in the world. The Founder and CEO is Pierre Noizat who is a recognized expert in the cryptocurrency sphere and have authored several book and article about bitcoin and cryptocurrency. The team also have a proven result stated below:

  • Hack free Since operation since 2013.
  • They have 98% cold storage.
  • Financial and technical audit.
  • Accounting record audited by independent professionals.
  • Fully regulatory compliance.
  • Registered with EU Regulators (ACPR).
  • Minimal downtime.
  • No technical debt.
  • Resilient architecture.

Technology

The blockchain.io leverages the benefits of blockchain technology to build a trustless system that validates transaction without the need for a third party. It uses a general programming language Elixir which runs on Erlang Virtual machine to enable a robust design of a distributed application and embedded systems.

Target Market

As the blockchain.io goal is to launch a cryptocurrency exchange, it intends to serve all cryptocurrency users, and as at writing this piece, the total Market cap of all cryptocurrency is at $242,657,772,303 with a 24hour volume of $11,491,051,399 and the total cryptocurrency at 1633. The demographic is very big and positioning itself as a secure and regulatory compliant exchange with an infrastructure ready for mainstream adoption blockchain.io is ready to take over the crypto world.

Security Protocols

These are the hashing principles used to secure the blockchain.io platform against cyber attacks, and some of the protocols used are:

  • Atomic Swaps (AS).
  • Hashed Timelock Contract (HTLC).
  • Payment Channels.
  • Lightning Network (LN).
  • Tumblebit.
  • RSK Sidechains.

Visit the Blockchain.io official website, join the social media communities and consult the official documents for more information about the project.

Official Contacts

Website : https://blockchain.io/
Twitter : https://twitter.com/blockchainio
Telegram : https://t.me/joinchat/E1faPRKlcHR1QAPtPkhc8w
Whitepaper : https://blockchain.io/wp-content/uploads/2018/05/BCIO_Manifesto.pdf
Linkedin : https://www.linkedin.com/company/blockchainio/
Bitcointalk ANN : https://bitcointalk.org/index.php?topic=3681257.0

Connect with me on Bitcointalk - https://bitcointalk.org/index.php?action=profile;u=1442709;sa=summary

Join My Telegram Channel For Updates On The Latest ICOs : https://t.me/cryptoviews_en

If you like my article kindly Upvote, drop your comment or question in the section below.


Good Luck, Happy Investing.

This article is not a financial advice. Investing in ICO may be extremely risky, always remember to do your own research and consult financial and legal advisors before investing in ICOs.
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Thanks for you kind words. do follow me for your daily ico update. i have have gone through your blog and they are also great.

Very informative article @devblock 👍👍👍

Thank you @ashokmandal stay connected by following my blog @devblock for more interesting update.

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