PROBIT CRYPTOCURRENCY EXCHANGE

lekato (12)in #ico • 5 years ago

Technological development is not what we can avoid, every day people need technology in every activities. Along with the development of the technology, the profession of every society in the world also began to change, one of the most popular profession lately is trading. Basically, traders are only offline, where everybody buys foreign currency from a counter and sells it back as the price goes up, as time goes by they begin to move into the digital world and its trading materials are stocks of companies all over the world. For now, stocks are starting to be slowly abandoned as well and traders are reaching into trading cryptocurrency because they are considered to have more options. On the one hand, traders still struggle to change their conventional currency or fiat into cryptocurrency itself. Seeing this gives birth to an exchange platform called PROBIT.

PROBIT is a blockchain cryptocurrency exchange platform which has a very high transaction security level and is also transparent. PROBIT is a new generation exchange platform. This is a trading system which will accept a crypto-crypto trade so that each of PROBIT users will be given a new experience in trading, and facilitate their steps if they want to start trading. PROBIT platform is not only intended for individuals but will also be aimed at communities and institutions. PROBIT platform will be designed with a more user-friendly interface making it more convenient when used by the traders and customers. To answer and assist all customers and traders, PROBIT has put in place a 24/7 customer support service. PROBIT platform includes smart contracts, involving trade finance and other agreements in an automatic, secure and transparent way.

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PROBIT platform is been designed to run using blockchain technology as the basis for its platform development. Because since it first appeared, blockchain comes with the offer of fast and secure online transactions and supports all types of data and cryptocurrency. With blockchain technology, the digitalization of coins has created the cryptocurrencies, which are decentralized, trustful, and free of intermediaries. Blockchain technology uses a system, where every transaction is recorded and can not be changed forever, so transactions can be maintained and reduce the possibility of data fraud. Blockchain is inherently resistant to the modification of the data involved. The blockchain is a public, distributed ledger of all transactions in a given system. It constantly grows as completed blocks (transactional information) are added to it. Thе data itѕеlf cannot be manipulated bу a ѕinglе person or grоuр оf раrtiеѕ since thе information iѕ encrypted. Thе еnсrурtiоn оf the trаnѕасtiоnѕ thuѕ саnnоt be falsified bу anybody.

Blockchains enable data structures representing invoices to be deployed and to be tamper proof. This enables all participants of the ledger to view the state of the invoice with respect to time. Blockchain is a type of distributed ledger or decentralized database that keeps records of digital transactions. Rather than having a central administrator like a traditional database, a distributed ledger has a network of replicated databases, synchronized via the Internet and visible to anyone within the network. With disintermediation of services the blockchain has revolutionized all known financial conventions and pioneered new ways for fund raising through the tokenization of goods, products, and services .

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By using the blockchain for transactions, the costs will be minimal vis-a-vis current “middleman” models that include payment and currency conversion fees. With TechSpecs, all payments go directly to the seller in a single digital currency. Confidential information can be broadcast to specific peers with the proper permissions on the network to maintain complete confidentiality. Such a system is crucial when dealing with confidential access agreements between transacting parties. Besides that, with Blockchain technology we will be able to create a decentralized platform to help individuals or businesses to source for investors from all around the world. Blockchain refers to a type of data structure that enables identifying and distributing networks of computers, creating in a sense a distributed trust network.

For more information about PROBIT project check the links below

Website => https://www.probit.com/en-us

Whitepaper => https://www.probit.com/assets/whitepaper/whitepaper_probit_en.pdf

Telegram => https://t.me/ProbitEnglish

Facebook => https://www.facebook.com/probitexchange

Twitter => https://twitter.com/ProBit_Exchange

Linkedln => https://www.linkedin.com/company/probit-exchange/

Medium => https://medium.com/@ProBit_Exchange

Bitcointalk Thread => https://bitcointalk.org/index.php?topic=5060498.0

Bitcointalk User Profile => https://bitcointalk.org/index.php?action=profile;u=1328480

Bitcointalk Username => Lekatoo

Writer Username => Lekato