Hello everyone, friends! Today I continue to review an interesting project called Nauticus. We continue our acquaintance with this project. Let me remind you that Nauticus is a decentralized exchange, which is intended for trading with crypto currency and fiat currency, as well as the possibility of exchanging crypto currency for fiat money and vice versa. In addition, this platform offers solutions for banking and e-commerce.
The main characteristics of the platform:
-the platform has a lightweight design that consists of modules and is expandable;
-fast and high-performance platform;
-interaction with DLT products and third-party services.
The system is managed by highly qualified specialists who have experience working in Hyperledger, IBM and the blockchain area.
The main components of the system are:
ASSET MANAGER
This component provides interaction between the platform exchanger and various banking systems. This allows to integrate into the platform such a large number of crypto-currencies and fiat currencies, as well as loyalty tokens.
INFORMATION OF ORDERS
The use of the technology «Lean design» allows you to provide more than 1 million transactions per second.
HIGH PERFORMANCE MANAGEMENT SYSTEM (OMS)
This system processes incoming requests and updates the data about changes in the status of the order. By using a large number of OMS, you can increase throughput and increase capacity.
GATEWAYS
This component provides a quality connection to the trading platform. Due to the gateways, the balance of the load on the network is provided, regardless of the number of users on the platform.
I would like to note the actual interest of the developers of the project in making a platform that will be simple and convenient for each user. For this, various surveys among users of the platform are constantly conducted. Judging by the polls, more than 80% of respondents plan to trade at least once a month. 50% plan to trade the amount of $ 1,000 or more.
One of the most important reasons for using the Nauticus platform is quality service according to the respondents. Naturally, a very important factor is the possibility of trading in fiat currency. About 60% of people interviewed said they plan to trade in crypto currency and fiat money, or only with fiat money.
Another advantage of the Nauticus platform is the ability to make international transfers. Most often people use bank transfers and transfers with the help of Western Union. They have to pay huge commissions and wait for a long time to implement these transfers. Nauticus is just solving this problem. Almost 100% of the respondents for this reason also registered on the Nauticus platform. The reason is simple-this platform allows you to reduce commission costs and accelerate transactions when making money transfers.
Great news for referrals. For registration on the Nauticus platform you will receive 100 NTS tokens. In addition, if you register before the end of the ICO, you will receive a referral link. Any person who buys at least 500 coins on your link will receive an additional 100 coins. Also you will receive 100 coins.
In addition to the decentralized exchange, the Nauticus platform offers huge opportunities in the field of e-commerce. This will allow buying and selling a large number of goods on the Nauticus platform at the expense of fiat money and crypto currency. At the moment, buyers and sellers use large trading platforms, where huge commissions are paid. This, roughly speaking, is the payment for security and the absence of fraudulent transactions. But these problems are easily solved by the Nauticus platform. And now the buyer and sellers will not have to pay huge commissions. In addition, the security and reliability of operations will be ensured.
It is thanks to the use of blockchain technology and register allocation technology that the Nauticus Marketplace will provide a secure and reliable platform comparable to that of Ebay and Amazon. Commission will be no more than 3%, or will be compensated at all thanks to the Nauticus Rewards remuneration program.
A decentralized rating system will also be created using blockchain technology. This will avoid falsification of ratings of buyers or sellers. The rating system itself will be very detailed in contrast to the ratings of traditional platforms. The main goal of the Nauticus project in this area is to partner with large retailers.
In addition, sellers on the platform Nauticus Marketplace will be able to create their own online stores or storefronts. For this they will receive an even lower commission of 1%. Thanks to the platform Nauticus Marketplace, sellers have the opportunity to choose the currency of payment (cryptocurrency or fiat money).
It is also important to note that the Nauticus project is located in Australia and is supported by the Australian government.
Token distribution:
In the last article, I considered the advantages of the Nauticus project as a decentralized exchange. In the same article I dwelt in more detail on the advantages and solutions for the field of e-commerce. As you can see, the developers of the project have grandiose plans for development and scaling. I see a true desire to make a very powerful ecosystem that will function for the benefit of its users. I hope next year to see this exchange among the top exchanges.
Website: https://www.nauticus.io
Whitepaper and Supporting Docs: https://cdn.nauticus.io/NauticusWhitepaperOfficial.pdf
Bounty group: https://bitcointalk.org/index.php?topic=3095301.0
Telegram group: https://t.me/nauticusblockchain
My bitcointalk account: https://bitcointalk.org/index.php?action=profile;u=149923
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I look forward to the middle of 2018 to try the functionality and opportunities of this exchange sooner!
I also agree with you. I also look forward to the opening of this exchange.
Unfortunately, I constantly face the problem of transfers from one exchange to another to exchange some tokens and overpayments for double transactions. I hope this project will solve this
I was very impressed by the opportunity to buy and sell a large number of goods on the Nauticus platform at the expense of fiat money and crypto currency
I think this will appeal to many online shop owners
If I can acquire a crypto currency for my national currency, it will be very cool!) I wish the developers success and implementation of the conceived project
The idea of using ratings in buyers and sellers is not new in itself. But the use of blocking technology will exclude falsification of data. I think it will be very useful!
Keeping customer funds on separate cold wallets is a very interesting idea for my view. Thank you for the review!
Thank you for reading!
The excellent advantage of the future Nauticus exchange is the availability of Western Union and Paypal. If they still have profitable tariffs and low commissions, then this exchange will have huge
The possibility of using this project not only in the stock exchange, but also for e-commerce is a very interesting idea. I think it will appeal to many owners of online stores.
The ability to integrate various crypto and currency currencies into the Nauticus platform, as well as loyalty tokens, will appeal to both investors and various companies.
Using your own exchange token with a 50% discount is very good. Undoubtedly, it will attract many investors and customers to this exchange.