Connecting the World of Traditional Finances to Crypto-Markets
hello friends .., best wishes to all of you who have seen and read my essay, this time I will discuss about ALL STOCKS.
INTRODUCTION
Blockchain Technology is an open, decentralized technology that is used to record and store transactions using digital blocks.
The blocks of Blockchain technology represent a publicly distributed database, and each block in the chain is a computer code containing such information as transaction history, certificate of authenticity, certificate of ownership,
contracts, financial transactions and more; the blocks in the database connect to each other using digital chains.
ALLSTOCKS INFRASTRUCTURE
ALLSTOCKS infrastructure will be structured in a way that critical data will be stored on the Blockchain.
On-chain Infrastructure: ALLSTOCKS Network smart contracts will be needed for it to work optimally.
CTT Smart Contracts: Each real financial asset registered with ALLSTOCKS Decentral Stock Exchange will have CTT issued in the form of smart contracts. CTT smart contracts, on the other hand, will be ERC20-compliant. Forwarding CTTs between accounts will be the same as transferring ERC20 tokens between users’ wallets.
ALLSTOCKS Decentral Stock Exchange: In order to regulate the work of CTT Cryptocontracts, a dedicated Decentral Stock Exchange for Cryptocontracts will be tasked with such responsibility.
Buffers: Also known as Auxiliary Smart Contracts, the buffers will help perform auxiliary functions such as switching between cryptocontracts running different versions and enablingextra API functions.
Off-chain Infrastructure: To facilitate the speedy adoption of CTT as a hedging tool, transaction and investment, certain libraries and code templates for app developers will be made available.
Toolkits: These are tools created for the sole purpose of interfacing the internal CTT Limited’sIT infrastructure with Ethereum Blockchain. In summary, it helps to organize the interaction as well as monitor the state of the ALLSTOCKS system.
CTT Explorers: CTT Explorers will be created to allow users view CTT data and manually verify the right ownership of underlying real financial assets of ALLSTOCKS Decentral Stock Exchange.
DECENTRALIZED OPERATIONS
On-chain Digital Identity: Today, there are many On-chain Identities, Anti-Money Laundering (AML) and Know Your Customer (KYC), but they are regrettably not enough.
Therefore, there’s a need to implement advanced identification solution.
Remittances: ALLSTOCKS supports remittances by enabling fiat to fiat currency transfers. As a result, users can easily add and transfer funds, regardless of their locations in the world. This operation, by design, is facilitated by the low fees charged by cryptocurrencies and also maintaining currency stability, safety and security.
To participate in this system, users must own a wallet. These wallets allow them to convert these currencies as well as transfer funds from one person to another, paying minimal fees in the course of carrying out such transactions. These payments and transfers may also be cross-border transactions.
API for the Currency: The ALLSTOCKS Network’s API currency enables wallet holders to convert from one currency to another effortlessly. Furthermore, ALLSTOCKS also provides users with a simple gateway that accepts all currencies and payouts in the local currency of the user.
This is done without incurring neither exchange nor transfer fees. The minute the network is established, users can setup payment gateways enabled by ALLSTOCKS Network’s API and libraries.
USES OF REAL FINANCIAL ASSET-BACKED TOKENS
Asset-backed tokens have a wide array of uses. Let’s discuss these uses briefly:
Traditional to digital exchange: They are capable of providing low-risk facilities but with high returns for investors through the wholesale of investment instruments to investors. This allows the traditional to digital exchange of assets.
Platform for investment: Commodities and money market instruments can be deposited and sold.
Shielding Tokens: Organizations can buy money market CTTs and store them with full transparency.
Global transfers: ALLSTOCKS platform can also provide tokens that have all the desirable features: immutability, global adoption, reliability, stability, and ease of transfer. When such tokens from ALLSTOCKS Network have all these qualities, they will be able to offer services such as payment gateways, remittance channels and many more.
TOKEN SALE
Total tokens supply: 50,000,000 AST tokens.
In the current sale, AllStocks will allocate 25,000,000 AST tokens. The sale is split into three stages, each with reduced exchange rate that represents an early investment bonus.
AST Token prices:
April 15 – April 30, Stage one: 625 AST = 1.00 ETH (25% Bonus)
May 1 – June 15, Stage two: 550 AST = 1.00 ETH (10% Bonus)
June 16 – June 30, Stage three: 500 AST = 1.00 ETH (No Bonus)
RoadMap
CONCLUSION
Obviously, we have already been able to address some of the perennial challenges of the current system by leveraging the existing technological infrastructure. ALLSTOCKS Network has a well-developed infrastructure which enables seamless trading of crypto tokens backed by real financial assets.
Also, it will interface with major stock exchanges around the world, making it a profitable investment for all crypto enthusiasts, financiers and investors.
Finally, what I can say is the tremendous potential of this company. All-round ICO is very striking. This is a great open road to enter the ICO world.
If you know how to improve our community.
If you know how to spread information about us in this world.
If you have any ideas for other improvements, it is a privilege
If you all participate in our bounty.
For more info on this project, please visit the link below:
Website : https://all-stocks.net/
Whitepaper : https://all-stocks.net/wp-content/uploads/2018/03/Allstocks_whitepaper_rectified.pdf
Facebook : https://www.facebook.com/gobalstocks/
Twitter : https://twitter.com/AllStocks_ico?lang=he
Instagram : https://www.instagram.com/allstocks1137/
Telegram : https://t.me/all_stocks_ico
YouTube : https://www.youtube.com/watch?v=OlC9YnA15cQ&t=3s
ANN Thread : https://bitcointalk.org/index.php?topic=3210865.0
author:Cintia plug
my Bitcointalk link profile: https://bitcointalk.org/index.php?action=profile;u=1565176
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