Imagination is more important than knowledge. Human beings have created marvellous products and designs using their power of imagination. The power of a creative brain never fails to amaze me. The world of finance and asset works by offering people the power to imagine. Though the traditional world of finance and business has many challenges, they can be overcome by utilising the power of technology and innovation. In the recent times, blockchain technology has been creating a revolution in every business sector. Given the nature of the operation in the blockchain based transactions, many new projects have been developed in the industry.
Asset management, wealth creation, value exchange and liquidity are a few of the requirements of the modern financial service provider. Payment through cryptocurrencies is going to become ubiquitous in coming years. A number of people are accepting the advantages of the cryptocurrency.
Tokenizing your assets by utilising the power of blockchain technology is another growing area in the blockchain industry. All these developments in the space of blockchain technology, cryptocurrency and financial world demand a new platform, which can create transparent and trustless transactions among people without any intermediary.
SOLUTION OFFERED
ABACUS is building a solution for cryptocurrency world by creating a global exchange of asset-backed cryptocurrencies. Anyone can create asset-backed coin and list on the exchange created by the ABACUS. Decentralisation and transparency are the key components of the platform. Users are free to choose and create their portfolio of investment on the platform. The variety of features offered by the exchange have similar qualities which will help in the scaling of the platform. You can monetize any of your assets using the platform and earn cryptocurrency.
It is an investment opportunity for the investors to invest in the right projects with profitable returns. The ABACUS protocol developed by the team is the key driver for the many products offered.
Asset Identity & metadata, user identity & metadata, asset pair exchange rate through price discovery and order book management are a few of the many design features of the protocol. ABACUS Exchange allows the listing of any assets through two processes; fulfilled by ABACUS or Fulfilled by the client's name. This is a platform for digital asset exchange based on the protocol designed by the ABACUS.
ICO INFORMATION AND TEAM
100 Million ABCS Tokens are created for the project in which 55% is reserved for the token sale. The funds collected from the token sale will be utilised for the business development, liquidity, software development and community development. The token sale is scheduled to begin June 2018. The team behind the project has years of experience in the entrepreneurship, investment and blockchain technology.
Conclusion
Many financial schemes are the result of pure creative ingenuity which helps people increase their wealth. Investment in stocks, buying bonds, purchasing real estate and lending are a few of the many ways people traditionally increase their wealth. ABACUS is redefining the asset exchange and trading mechanism with the help of blockchain technology. I believe that they have realised the potential of the blockchain technology in the financial world.
Centralised system has to be changed and ABACUS is moving forward with the right solution. We will see many more applications in the near future, which seeks to change the monopoly of centralised institutions. People will be empowered through the cryptocurrency usage and application in the real life. Monetizing assets will be much easier with the help of the platform. What do you think about the possibility of the asset exchange and trading through this platform? Are you ready?
To know more visit
Website:https://abacasexchange.com/
Whitepaper: https://abacasexchange.com/white-paper-online/
Published By:Kishan
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STOPHello Kishan,
Good article. One can see that you took time to write it.
However, it seems there are a few mistakes:
Could you please correct them? It would be highly appreciated.