INGOT COIN – AN ALL-IN-ONE NEXUS BETWEEN THE SEGREGATED WORLDS OF CRYPTOCURRENCY AND TRADITIONAL FINANCIAL MARKETS

in #ico6 years ago (edited)

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Ever since the development and introduction of Bitcoin as a digital currency, the crypto space has enjoyed overwhelming attention and hype as more cryptocurrencies and blockchains were developed. The increasing attention focused on blockchain is understandable because of the potential applications and benefits of the technology to various sectors. Blockchain’s highpoints are its transparency, decentralization, low cost transactions, and security which can help transform operations, costs, and innovative developments in finance, gaming, trading, identification and verification, logistics and supply chain, and other core sectors. Despite the increased attention given to cryptocurrencies and blockchain, there have been certain challenges in maximizing the real potentials of this technological innovation. However, most blockchain solutions are segregated and scattered, the technology is yet to be fully understood, disseminated, and adopted in the traditional world of things, and the implementation of most blockchain solutions are partial, looking best on paper (theoretically) than in actual development and deployment. Currently, most cryptocurrency investors and blockchain enthusiasts find it daunting to securely store their tokens, keep track of their crypto investments due to the use of multiple wallets, trade their digital assets with access to high liquidity, and conveniently exit the crypto market to the traditional financial market.

There is a big chasm between the crypto world and the traditional financial world, INGOT is the bridge.

INGOT is a novel all-inclusive blockchain-based innovation that aims to bridge the gap and eliminate the barrier in fluidity between crypto markets and existing traditional financial markets. While there may already be some solutions based on blockchain technology, they are mostly limited in functionality and use cases, segregated, and often below user expectations. INGOT presents a complete suite of innovative solutions consisting of six major components; IC Wallet, IC Digital Bank, IC Exchange, IC Brokerage, IC ICO Accelerator, and IC Crypto Certifier built on the Ethereum blockchain. INGOT is a big family that caters for all the needs of users both in the cryptocurrency space as well as the traditional financial space. The ecosystem empowers participants to diversify their investment portfolio efficiently coupled with a seamless transition between crypocurrencies and fiats.

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IC Wallet will enable users to send, receive and store diverse cryptocurrencies without fear insecurity or token loss. Wallet security is provisioned through strong encryption and multi-signature cold storage system. The wallet will be integrated fully with IC Exchange and IC Digital Bank. IC Exchange is a fully-fledged cryptocurrency trading platform. The uniqueness of IC Exchange is that asides crypto-crypto and crypto-fiat trades, it also allows cryptocurrencies to be traded against financial instruments like ETFs and commodities. Investors will be able to diversify their portfolio within the same ecosystem, thereby eliminating the barrier otherwise due to the high cost, complexity, involvement of several platforms and/or intermediaries to achieve the same investment goal.

IC Digital Bank will facilitate automated payment services, IC brokerage and Exchange functions, and opening of various types of bank accounts with very low fees. Being a blockchain based bank, IC Digital Bank will eliminate the inefficiency, lack of transparency, delay and high transaction cost associated with traditional banking and settlement with an efficient round-the-clock service. IC Brokerage will provide all the liquidity and access to all financial instruments available in the market such as fiats, equities, ETFs and commodities.

Beyond these, INGOT is determined to help promote awareness and understanding of blockchain technology and its real-world applications through IC Crypto Certifier which will provide top-notch training and certified courses in IT consulting, compliance, cryptography, and financial consulting. Finally, the INGOT Ecosystem will be providing all the help needed by startups and entrepreneurs to raise funds, develop, strategize, and market ICO successfully, and also list their tokens through the IC ICO Accelerator.

The INGOT Ecosystem has its own native coin, INGOT COIN (IC), an ERC20 token with a dual purpose. IC is both a security and a utility token. As a security token, holders of IC will be receiving dividends drawn from the profits made within the ecosystem while as a utility token; IC will serve as a payment method for internal and external transactions. This practical use cases and benefits attached to IC will potentially drive its price up as the ecosystem expands.

This is a time when new innovative solutions are needed in the the blockchain to integrate and accommodate users from traditional business world while stepping up the game for existing crypto users. This is the task INGOTCOIN Ecosystem is set to accomplish. So without mincing words, INGOTCOIN can be termed a one-stop-shop for all cryptocurrency and blockchain technology solutions. The ecosystem will grow to become a powerful magnet attracting and meeting all of the needs of beginner and experienced investors and traders in the digital and traditional financial worlds, presenting them with the tools needed to harness opportunities in blockchain technology. INGOT COIN has pulled down the wall of partition between crypto space and traditional financial space. INGOT COIN is currently running a public crowdsale.

For more details about INGOT COIN and the ICO, check the following link:

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