WEBSITE : https://www.ingotcoin.io/
The Crypto world has long appeared in the Society, but many or even almost all people do not know about Crypto, Blockchain, ICO Etc.
But now Crypto is widely known by People from all over the World, and this is very profitable for all of them especially a Developer. Why is it so profitable for Developers?
Because Developers can introduce their Projects via Crypto very quickly compared to other ways.
Well on this occasion I will introduce one project that is very interesting, cool, and very useful for the whole community.
Okay, you should check my article this time about Project Ingot Coin. WEBSITE : https://www.ingotcoin.io/
INGOT Group provides through its entity INGOT Brokers, a wide variety of products and services which includes ETFs, international shares and indices, commodities, metals, energies, as well as currencies. Since its establishment, INGOT has been providing the newest and most up-to-date financial products.
INGOT introduced the concept of short selling the Middle East and North Africa (MENA) shares and Indices to provide all investors with opportunities otherwise unavailable in local exchanges, hence allowing exclusive diversified risk management techniques. This innovative idea of trading came after extensive hard work done by INGOT’s dedicated team, all of whom strive to find new solutions to help traders optimize their portfolios through offering different alternative investment methods. As a response to the increasing demand and opportunities in the MENA region, INGOT Group founded Sigma Investments in Amman, Jordan.
As a financial advisory firm, Sigma Investments provided comprehensive consultancy services to many entrepreneurs and start-up firms, such as 8X8, and reveal naturals. INGOT Group also took on the initiative to create the first ever commodity exchange in Egypt, Egycomex, by working hand in hand with the Egyptian government to make the commodity markets more efficient and increase the productivity of small farmers by providing them with a transparent price discovery mechanism. INGOT Group has also established a digital technology solutions firm called dreamtechs which serves clients internationally and helps them establish digital solutions for their firms, from the creation of websites to mobile applications.
INGOT Group additionally serves as a member of Global Alliance Partners (GAP), which is an international network of regulated financial services companies that focuses on the mid capital market. GAP’s international reach gives its member firms greater clout and a wider platform to conduct investment banking, wealth and fund management, broking, and other financial services across international markets. WEBSITE : https://www.ingotcoin.io/
IC Digital Bank in Depth
Many functions are integrated with our banking systems. However, nowadays, banking hours neither meet the needs nor the timeliness of the execution of functions needed by market participants. Therefore, creating a bank that will be digitally based, available 7/24, able to operate as a custodial and manage clients’ funds will be a cornerstone to this project.
To build trust, IC will obtain a financial banking license from a highly reputable, strict regulator that will ensure safe and smooth transactions. Once obtained, the IC Community will be able to enjoy a legally compliant entry and exit points to the crypto markets as well as a safe place to store and manage their personal funds in an internationally recognized and licensed institution.
Maximum Security
Multiple layers of security prevent any hacking attempt and ensure that funds always remain safe. The first layer is established through utilizing multiple independent servers. The IC Exchange software is bridged with the IC wallet where all crypto funds will be stored. Recordkeeping procedures will be another layer with continuous reconciliation to prevent hacking from occurring, while maintaining compliance with major regulatory bodies. The client’s assets are further protected by using the IC Digital Bank account to store the fiat currency, and the IC Brokerage account to store the traditional assets. The IC Wallet application will also include a custom dashboard that portrays the total value of all the different assets allocated in the IC Bank (fiat account balances), IC Brokerage (Stocks and commodities portfolios), and cryptocurrency balances.
IC Wallet users who trade crypto against crypto can transfer their assets between IC wallets safely and smoothly on the blockchain through a set of procedures that will verify all legal requirements such as, KYC, AML and multi signature. Crypto traders will be able to trade traditional assets with other individuals (P2P) or through IC Brokerage from markets like NYSE, NASDAQ, CME, etc. As IC Wallets and order requests are entered by the user on IC Exchange, the order matching software will match all the buyers and sellers together depending on the best bid and the best ask orders in order to ensure that the execution of the trade occurs with the best available market price and in an efficient timely manner as the IC Exchange will have an IC Liquidity pool as well as API connections to the top exchanges which will be accessible to all investors.
IC Wallet holders who are wishing to exchange any type of crypto to any type of their preferred fiat currency, are able to do so through requesting the order from the IC Exchange’s platform which will release the order and once completed, directly deposit the fiat fund into the users’ IC Bank. As users enter their wallet address and their trading orders if they are trading crypto/traditional asset pairs, the IC Exchange order book will match the best bid and the best ask orders and connect the users together to complete the transaction, once the order is filled the software will complete the swap and deposit the funds and assets in their respective destination.
The IC Digital Bank is fully integrated and cohesive with the IC Wallet, IC Exchange and IC Brokerage to guarantee the quick and safe movement of funds between clients’ bank accounts. Traditional assets are stored in the IC Brokerage account, fiat will be stored in the IC Bank and cryptocurrencies will be stored in the IC Wallet.
IC Brokerage in Depth
IC Brokerage Services will provide investors the opportunity to trade on a wide variety of financial products with liquidity pools linked to the best, diversified and developed exchanges. Traders can diversify their portfolios through investing in global financial instruments across multiple asset classes.
IC Brokerage will bridge the gap between investors and liquidity providers by providing a one platform pivot that will enable the clients to view and trade IC financial products. Moreover, the platform will contain the highest volume trading shares, indices, ETFs, fiat currencies and commodities.
Through the IC team’s financial expertise, we will try to select the best developed markets to be offered to our clients such as the United States equity markets (Nasdaq, S&P 500 and Dow Jones Industrial Average), European equity markets (Germany, France, UK, etc.), commodity markets which will be traded on the highest rating exchanges such as CME and ICE futures and ETFs that will include Blackrock, Vanguard, State Street and Wisdom Tree.
IC will boost its competitive advantage in the market by providing low commissions, tightening the spreads through high volumes trading, conducting high quality market research reports that will cover all IC market products, running practical risk management tools, delivering an up to date fundamental and technical analysis and serving fund management programs that meet client’s risk and return, and objectives & constraints.
IC Brokerage will maintain client’s funds in totally segregated accounts to comply with the highest standards that will ensure safeguarding clients’ money; hence the maximum loss that they can suffer is their initial investment.
Furthermore, IC Brokerage will comply with the KYC & AML procedures which if filled grants the user access over the whole IC Ecosystem.
If an IC Community user wants to buy a stock or commodity for cryptocurrencies the user will initiate a transaction by sending a request to the IC Brokerage through the IC Wallet application and a smart contract is initiated.
The user’s request is entered to the respective IC Brokerage account and the contract value in is transferred to the user’s account on the IC Exchange as crypto to be exchanged/liquidated for fiat. Once the crypto to fiat order is matched the smart contract triggers an instant buy order for the desired stock or commodity through the IC Brokerage and the fiat generated from the exchange of the crypto on the IC Exchange is deposited into the IC Brokerage account to finalize the settlement.
The semi instantaneous process of placing a stock/commodity buy order as soon as the crypto to fiat sell order is matched, provides a highly efficient and effective way to hedge investments at unmatched speeds.
Thank you for visiting if you like my article on the Ingot Coin Project. Please give me the comments below, and for more information on Ingot Coin Project. You can visit their media below:
Website : https://www.ingotcoin.io/
Whitepaper : https://www.ingotcoin.io/documents/en/white-paper.pdf
Ann Thread : https://bitcointalk.org/index.php?topic=3581009
Twitter : https://twitter.com/ICOINGOT
Facebook : https://www.facebook.com/ICOINGOT/
Telegram Group : https://t.me/INGOTCoin
Youtube : https://www.youtube.com/channel/UCkhXGyI_piMMDMtyrYjI_IA?view_as=subscriber
My Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1691648;sa=summary