QUOINE: WHY QUOINE'S LIQUID IS THE SUPERIOR EXCHANGE
In the previous article, we looked at real life Case Studies and User Scenarios of Quoine's Liquid platform. We saw through the eyes of the trader just how Quoine's Liquid offers a vantage point and tools to make maximum profit. Now let us look at Quoine from the investor point of view.
FACTORS THAT MAKE QUOINE STAND OUT
1. WORLD CLASS TEAM
Let me start by saying from my research the Quoine team is composed of professionals. The Quoine team boasts over 250 years combined experience in Finance and Technology. Quoine isn't operating based on hype but on merit of solid projects. Quoine has a proven track record in Forex IT, Forex Trading, Algorithms, Equity Trading Systems, and FICC (Fixed Income, Currencies, and Commodities)—all combined with expertise in Internet and mobile technology.
Quoine has 3 notable projects already, Quoinex, Qyrptos and Liquid. QUOINEX is one of the largest cryptocurrency exchanges in the world and from the looks of it Liquid will be a huge success story in the near future. Quoine's management team have working experience with banking and technology giants such as Goldman Sachs, Barclays Bank, Wells Fargo Bank, Samsung, Gungho Online Entertainment, SAB, Mitsubishi Corporation etc.
2. PROJECT READINESS
Quoine's core product is already ready. Quoine's Liquid platform is up and running and ready to take your order(pun intended). The Liquid platform is connected to all the major reputable exchanges in the world and syncing of order-books is already operational. Recall that Liquid is hyper-scalable with an order Matching Engine that can handle millions of transaction orders per second. Liquid is primed to solve the problem of liquidity of cryptocurrency on a global scale. Anyone with a background in Economics will rightly tell you that there is a critical stage in startups that makes or breaks the venture. An 90% of startup companies fail during product development and product-market fit stages. Quoine has clearly excelled past that point so investors can rest easy.
3. EXCHANGE AND BANKING RELATIONSHIPS
In order to facilitate speedy international fiat movement, Quoine has formed many key partnerships with banks. Liquid will leverage on these relationships to provide optimum financial services for users. Liquid is already connected to over 15 exchanges around the world, most of them major exchanges. The Liquid Platform has bank accounts in Japan, US, EU, Taiwan, Singapore, Philippines and Indonesia. It's worth noting that most banks are outright anti-crypto so the fact that these banks have chosen to work with Quoine shows credibility and a cosign of confidence in their capability and transparency.
4. REGULATION IN JAPAN
The fact that Quoine is regulated by the Japan Financial Services Agency shows just how transparent and compliant Quoine is. Quoine became the first global exchange in the world to be licensed on September 28th, 2017(License No. 00002). Being registered at the national level lets us know that they are also being audited properly and that they have a lot to lose if they go rogue. This is something that will motivate them to always give excellent services and avoid any manner of fraud.
5. COMPLIANCE AND SECURITY
Ken Mazzio is the Chief Compliance Officer at Quoine. Quoine enforces a compliance training on all their employees and has an annual compliance plan agreed by their Risk Management Committee. It is carried out by their entire senior management team. Quoine understands the mechanics and uses of crypto to transfer value across borders but at the same time Quoine intends to ensure that its platform is not used for negative purposes such as arms trade or sponsoring terrorism.
Quoine enforces KYC(Know Your Customer) and manages AML compliance with the help of world class tools such as KYCsphere and Thompson Reuters World-Check One. Quoine also performs sanctions screening (UN, OFAC, EU, etc.), and helps identify Politically Exposed Persons (PEPs).
To safeguard users information, Quoine has integrated bank-grade security protocols. Quoine is using FinTech-grade security program covering all the key security domains that hackers or any other malicious party may seek to exploit.
These include:
- Access Control
- Application Development Security
- Business Continuity and Disaster Recovery Planning
- Cryptography
- Information Security Governance and Risk Management
- Legal Regulations, Investigations and Compliance
- Operations Security
- Physical and Environmental Security
- Security Architecture and Design
- Telecommunications and Network Security
To further boost security, Quoine has enlisted the service of professional penetration testers and even invited the activity of crowd-sourced penetration activity in order to discover any faults and patch them up before attackers even discover them.
6. EXCLUSIVE PARTNERSHIP
Rather than users having to sign up separately on Quoinex or Qyrptos, the Liquid platform grants them unbridled access to those prestigious exchanges automatically. Users will be able to easily utilize the common infrastructure to their advantage and enjoy the benefit of knowledge sharing.
HOW LIQUID COMPARES TO SOME OTHER EXCHANGES
We've seen the massive effort that Quoine has put into their platform. Now let us see how Quoine measures up to the current exchange standards and its competitive advantage over other exchanges.
We can clearly see that Quoine's Liquid is simply a very well thought out project with a focused vision, a knowledgeable team and a solid gameplan to achieve their objective of providing global financial services.
If you would like to learn more about this lovely project you can join their telegram group, or follow any of their social media accounts
Telegram | Twitter | Facebook | Instagram | Medium
You can also visit any of these links for interesting information about the project
Project Website: https://quoine.com/#products
Products & Services: https://www.liquid.com
Project Token: https://coinmarketcap.com/currencies/qash/
Quoine Team: https://quoine.com/#mission
RELATED ARTICLES
https://www.investinblockchain.com/liquid-platform-launch/
https://www.businessinsider.sg/daostack-announces-new-gen-exchange-listing-on-liquid-by-quoine-2/
https://bitcoinexchangeguide.com/quoine-crypto-companys-liquid-ico-platform-adds-new-features/
DISCLAIMER: The information contained within this post shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money by not investing wisely. The above information is for educational and entertainment purposes only. Kindly Endeavor to DO YOUR OWN RESEARCH.