QURREX is the Multifunctional Hybrid Crypto Exchange-Centralized and Decentralized platform

bdamin (25)in #qurrex • 6 years ago

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It is the First Hybrid Cryptocurrency Exchange Integrating Industrial Infrastructure of Traditional Stock Exchange with Decentralized Network.
The QURREX team is developing the primary multi functional hybrid cryptocurrency exchange system combining a centralized business platform with a decentralized blockchain protocol during which the centralized exchange can function one amongst the nodes.
They making the next-generation Etalon platform which will win the trust of skilled stock exchange players by well increasing the market’s liquidity and supply a brand new customary set of exchange product. By 2020, these ought to be at the disposal of all our market colleagues.
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Our Mission Background Overview:
In the era of Cryptocurrency, a multi scenario has developed. On the one hand, a complete form of government of the centralized exchanges has been established with minimal basic client practicality and repair – an edge solely strengthened by the expansion within the volume of cryptocurrency trade and capitalization. On the other hand, the “main troubles” of the centralized platforms, and also the sure-fire running of ICO projects joined to cryptocurrency commercialism, have led to consistent demands by the community for each an improvement within the quality of service of the centralized model of commercialism platforms and for the creation of effective decentralized cryptocurrency systems.
When a median client chooses from cryptocurrency markets he pays attention to security and transparrency, however 1st and foremost, to liquidity, the liquidity isn't a virtue in itself. The liquidity depends on the power of marginal commercialism, transferring folding money, providing friendly graphical user interface. There square measure variety of niche merchandise on crypto market. Every of those comes will well in addressing one or 2 specific issues. Still there is no universal resolution to any or all the cryptocurrency market challenges. These comes boast putting utility in one area or another. Such platforms, as a rule less possess the characteristics they boast, and have primitive key indicators, appreciate KPI, unsuitable for the “mature” markets.
At an equivalent time, institutional players on the financial market, backed by many countless clients and funds amounting into the trillions of dollars, clearly lack religion within the cryptocurrency commercialism market because of its lack of industry standards and transparency, its vulnerabilities, similarly because the technological backwardness of commercialism platforms and their infrastructure in comparison with the classic, regulated exchange systems.

Actually, the Qurrex platform was designed exclusively as a centralized cryptocurrency exchange system. The explanation for this was regarding the team’s background: having worked for over ten years on the creation of assorted exchange and broker systems and product for the normal markets. We have a tendency to unwittingly became adherents of this approach. However, analysis into distributed networks as half of delivering this project light-emitting diode North American country to new approaches and tools for finding several of the problems that we have a tendency to had encountered over the course of recent years. Here we have a tendency to refer, initial and foremost, to the need to extend liquidity of separate instruments, still on increase clients’ confidence in unregulated infrastructure suppliers.

The outcome of our investigations was the understanding that, so as to make a good exchange system and meet the strain of a good circle of users, what's necessary is that the harmonious merging of centralized and suburbanized parts.
The main factor we have a tendency to understood was the very fact that, within associate infrastructure originated to handle numerous assets, the potential of the community behind the public blockchain networks should be taken into
account, because it is exactly this community that's the basis of the long run crypto-economy.
THE KEY FEATURES:

At present, most of the existing crypto-exchanges are characterized by a low level of openness towards their
users who do not have access to information.
The lack of knowledge concerning the said problems leads to a scarcity of trust on the a part of the community in each existing and new cryptocurrency exchanges, particularly centralized ones. Moreover, incomplete revelation of knowledge may be a vital barrier to major institutional investors and brokers getting into the cryptocurrency market.
As we have a tendency to see it, one in every of the principal necessities of users of existing cryptocurrency exchanges may be a formalized approach towards interaction with bidders, like that used on the classic exchanges of the standard
economy.
Such associate degree approach is very vital once operating with low liquidity cryptocurrencies/tokens, similarly as once conducting in style cryptocurrency forks.
ROADMAP:

Reference point: Nov 2016 – Feb 2018
In Nov 2016, at our own expense, we have a tendency to began work on the project. By currently we've developed a minimally viable version of our commerce terminal, which can be the most interface of our exchange system. Within the current version, the interface permits for the user to show current quotes of key currency pairs, include deals, read news feeds from varied sources, and apply technical analysis tools. within the future, we'll envelop a commerce terminal as a platform for social commerce and investing; we have a tendency to estimate it to be hour complete.
Aside from our work on the commerce terminal, we've additionally developed the core design of the exchange system with the integrated ability to execute requests within the CEX and DEX. We’ve additionally begun work on individual system modules. we have a tendency to estimate the completeness of the exchange system to be at half-hour.
Token and Crowdfund distribution:
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Team Leaders:
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We are pretty lucky that we have got a fantastic team leaders and advisers excellence who have years of experiences in different financial institutions and cryptocurrency sectors. They are really cordial and dedicated to their duties and responsibilities to make a brand QURREX all over the world.