Blockchain Banking with a Decentralized wallet


Robertbint

Uploaded on Oct 12, 2018

Category Business

The XBX token will become the cryptocurrency credit standard in the blockchain economic system. XBX the token that empowers Bitex Eco-System.

Category Business

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Blockchain Banking with a Decentralized wallet

BLOCKCHAIN BANKING WITH ADECENTRALIZED WALLET BLOCKCHAIN BANKING WITH A DECENTRALIZED WALLET The XBX token will become the crypto-currency credit standard in the block chain economic system. • The XBX token is the first of its kind, with secured liquidity and high security using block chain on an ERC20 protocol. • Owners of XBX coins will receive an attractive discount on the EZBitex platform for their fees as using the coin in transactions (trading, sending, lending, etc). • Decentralized storage of the reputation of borrowers in smart contracts is safer and wiser than current common ways of storage. • It is also possible for other crypto-currency service providers to use XBX XBX Utilizing XBX on a Decentralized Cryptocurrency Exchange EZBitex The EZBitex platform is decentralized in several ways: • By having the exchange assets stored in the individual wallets of its users. The users hold all keys. No assets are stored with EZBitex. The clients are the custodian of their assets. • A licensed and regionally divided ownership structure. To ensure a fair decision in business development and usage of ICO Funds. • All transactions will be stored in a dedicated data-warehouse that continuously analyses the data to enhance risk management and identify predictive behaviors and crypto-currency market movement in turn, enable EZBitex to optimize the crypto-currency exchange process and better educate the user on possible payment strategies. THE XBX TOKEN: OUR CREDIT SYSTEM Using a block chain technology- based credit system, processing transactions are Faster, Secure and more Efficient. Loans Consumer loans will be denominated in and paid out in XBX tokens. For collateralized loans, the loan amount will be based on the current exchange rate on the EZBitex platform for the crypto-currency offered as collateral. • EXCHANGE The customer converts the loan into a cryptocurrency of his or her choice on the EZBitex exchange. The process is done seamlessly, within the EZBitex exchange, at the request of the customer. • CREDIT A customer obtains a BitexPay cryptocurrency loan in XBX coins, underpinned by a smart contract that takes into account the customer's unique credit rating, and in turn, applies specific interest rate and conditions. • GUARANTEE Liquidity guaranteed by EZBitex factoring from other leading cryptocurrency exchange reduces volatility and adjusts interest rates. The credit itself may also be tracked to a world currency index to avoid sharp fluctuations. • REPURCHASE At the end of the loan contract, a borrower must repay in XBX coins with interest, purchased at the EZBitex exchange. • PAYBACK The borrower has now completed his repayment obligations and has amended his credit score for future loan requests. • DEMAND The cycle of crypto-currency to fiat and back again creates an inherent need for XBX coin based services and ultimately an enhanced demand for XBX coins. Address: Interchange 21, 32nd floor, 399 Sukhumvit Road, North Klongtoey, Wattana, Bangkok 10110 Website: https://bitex.global/ https://www.facebook.com/bitex.global https://twitter.com/Bitex_Global https://www.linkedin.com/company/bitex-global