Overview of the Ripa Exchange project. Decentralized exchanger with new features.

in #ico6 years ago

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Greetings to you, dear readers. I am always glad to share with you the most promising ideas and start-ups from the world of crypto-currencies. They are created in order to facilitate our life with you and to change the world in the future.

As more and more digital currencies enter the digital market, it's now difficult for enterprises to find the needs of their customers in exchange. In the presence of many types of tokens, there is no way to initiate an exchange for most of the available basic crypto-conversions.

Enterprises and organizations that offer tokens to their consumers or users now find ways to have an internal exchange platform that can satisfy their own preferences. And the search for another group or business to meet this desire is also one difficult task.

The modern industry of crypto-currency has a high entry threshold. A regular user who does not know the whole system will not be able to take and quickly change the crypto-currencies he needs. To begin with, he will have to study the entire system, and then start to exchange. Businesses also can not use cryptocurrency in the maximum, since most of them have no idea about it and its stability.

Today I want to share with you another interesting and promising ICO project, the sale of which tokens is currently underway. It's also worth noting that this sale enjoys quite a serious interest from investors. Therefore, to help companies have their own exchange platform, without requiring so much to pay, the RipaEx team provides us with this one business decision.

About the project:

Ripa Exchange is a decentralized crypto active exchange for the exchange of crypto-currencies, using the latest industry standards. Ripa Exchange will be a platform for crypto currency enthusiasts, providing security to all its users. The developers want to create the world's best market for crypto-currency assets with open source and with a high-performance trading engine. Transparent and secure, which can be trusted and used by users. In addition, developers want to improve the technology of exchanging crypto currency, providing support and adding new features. They will help to make an exchange around the world.

Ripa Exchange is created using the most advanced technologies and will be transferred to a hybrid decentralized exchange where all exchanges in the Ripa network will use liquidity thanks to RLSP technology. The user interface of the platform will be easily customizable and easy to use, which will allow a beginner to quickly learn all the functions of the platform. Ripa Exchange is a centralized exchange that will be transformed into a hybrid-decentralized exchange to create a network of exchanges that have the same liquidity between each of them, so you can offer liquidity from the 1st day of your transactions with exchanges.

One of the important qualities of this platform is the reception of any cryptocurrency. Users do not have to think about translating their funds, the platform will do everything automatically. And all this will be done almost instantly.

RipaEx Wallet

The RipaEx project has its own separate purse, which I also suggest you get right away. After registering in the wallet, you will be given a personal purse address where your XPX tokens will be stored. Type of personal cabinet WEB wallet is provided below. Also on the site, you can download the version of the purse for the computer and mobile phone.

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How does it work:

The RipaEx project will have its own block chain called Ripa, which will be launched on the DPOS protocol using the XPX token, which will serve the following five purposes:
  1. List new encryption conversions on Ripa exchanges
  2. Advertise new projects
  3. To pay for the sale of goods and services to authorized resellers using our ROS-certificate RipaEx (point of Sale)
  4. Exchange of liquidity between Ripa Exchanges in the same network
For trading in the ecosystem of the platform, the Ripa Exchange Trading Console is used. This trading interface that is built with a flexible design has a fully responsive interface that will give users access to the right content on absolutely any arrangement, which saves money and time.

The main advantages of the project:

  1. Open Source
    The entire Ripa Exchange source code is open, which will allow you to easily connect to other services. The user can make all necessary settings in the source code, since the entire source database is released under the MIT license.
    Ripa Exchange will always be free for managers. You only have to pay for the server, network security operations, help center operators and other resources necessary to start exchanges and provide paid support to your customers.

  2. Compliance with standards
    Ripa Exchange will support the exchange of information with banking supervision to comply with all standards.

  3. Proof of Solvency
    This function will allow users to check the solvency of crypto currency without compromising confidentiality.

  4. Internationalization
    All users will be able to access Ripa Exchange in any language that is convenient for them. Ripa Exchange will support most common languages, making it easier for users to work with them.

  5. Transparency and configurability
    The user will be able to customize all the basic functions that are built into the source code.

  6. Multi-account
    Ripa Exchange will create many different accounts in different crypto currency.

  7. Multiple
    Ripa Exchange accounts allow you to create multiple accounts. Google, Facebook, Twitter and FIDO Alliance to protect your account.

  8. Banking Security
    AES256 encryption keys and the entire exchange procedure are built with an emphasis on security. Ruby on Rails is known to be a secure development environment for developers, but the developers decided to re-modulate the original Peatio database to completely separate the client registry from the trading mechanism, so that no end user data will be compromised if the attacker can overcome the first level of security.

Roadmap

The roadmap on the RipaEx website is executed in a rather interesting way. The idea of the project was born in 2017, and then the work on the project began. In the same year, an analysis of legal issues on the development of the project began. In the future, as early as 2018, versions of wallets were released, and tokens were also sold. In 2019, the full launch of the RipaEx exchange and all actions related to this exchange are planned. And already in 2020, the full-fledged launch of a hybrid crypto exchange is planned.

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On the site, you will also be able to get acquainted with the entire RIPA Exchange team, if you have such a desire. Each member of the team is represented there with his biography and photograph. At the bottom of the site, developers came up with a very necessary thing, I think so. There is a special block where you can find frequently asked questions, and where you can ask yourself everything that interests you. I think you will agree with me that all this is necessary!

Conclusion

RipaEx will be a real discovery. The decentralized platform, which will allow exchanging crypto-currencies, will occupy a high place among competitors in its segment. With further development, the platform will only get better. Developers will further add many new features to their platform, thereby still raising its quality among competitors. I advise you to pay attention to it.

For more information about the project and the opportunities to participate, go to the links below:

Website: https://ripaex.io/
WhitePaper: https://ripaex.io/assets/RipaEx_WP_EN.pdf
Telegram: https://t.me/ripaex
Twitter: https://twitter.com/ripaex
Facebook: https://www.facebook.com/ripaex
Discord: https://discord.gg/W847yAP
Ann: https://bitcointalk.org/index.php?topic=3759172

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have heard about the exchange somewhere, feels like we can trust this one :) Thank you @vital-bd as usual for bringing something new and helpful, this surely takes a lot of hard work and research. Well done man

This project is very powerful. I am very sure Ripaex will be a phenomenal altcoin in the future and will continue to grow as the world of altcoin grows.

Very well written artice. The project is pretty cool. I have read the whitepaper and it's interesting. If the platform will work can be a sign for moon.

Amazing project. I like the personal purse system.