Linking Cryptography to Traditional Financial Industry

Traditional Financial Industry

Traditional Financial Industry has created a huge downward drag to the acceleration of the global development in many ways. As an example, the most precious thing in the whole universe is the time, Ineffectiveness of traditional financial industry destroying millions of human-hours just for very insignificant things. Higher human intervention is a necessary thing for traditional financial methods. So the industry has to suffer from human needs-based time periods, labeled as office hours, lunch time, tea time etc. There is no any possible way to execute a 24/7 service. If human intervention can be reduced, then all the processes of the traditional financial industry will automatically become effective.

But prevailing mechanisms and manual or outdated technologies have failed to fulfill that need so far. Higher centralization and prevailing outdated procedures such as AML & KYC verification have resulted in this inefficiency. No matter how much those financial institutions have incorporated into digital technology, all the transactions have attached with higher service fees. Most of those fees correlating to the inclusion of intermediate third parties, which are unavoidable because Traditional Financial Industry depends on them.

Ingot Coin Steps Up

Ingot Coin (IC) is the first to be fully equipped with a blockchain-based Wallet with a Digital Bank, Brokerage facilities, An Exchange, Certifier, and Initial Coin Offering (ICO) Accelerator. This is the most powerful combination ever existed in crypto history. IC users will be granted to invest in stocks, cryptocurrencies, fiat currencies or even ICO's with a single place.

Ingot Coin will disrupt the Financial Industry by introducing a better technological solution through the cutting-edge technology named as cryptography. The ecosystem of the Ingot Coin has mainly developed for the purpose of linking the crypto world to the current traditional financial industry. This linkage can provide a better service to investments, financing, management & advisory, trading, insurance including all other financial related needs. Existing linkages have failed to remove the segregation between crypto and traditional financial market. Due to that, users facing many difficulties and losses. Let's see how Ingot Coin use cutting-edge technologies on his services.

The foundation of cryptography lies in the Blockchain. Blockchain consists of numerous technologies that work together to create a ledger (public/permission) of records arranged in blocks, they are linked together through the process of encryption. The inclusion of blockchain gives various benefits when it comes to financial industry, As an example earlier mentioned human intervention can be nullified, which will result in creating a higher efficiency to the transactions. Frauds happening in financial sectors can be completely eradicated using this technology because each and every transaction in the industry will be recorded in a common ledger. Decentralization provided by cryptography will reduce the vulnerability of cyber attacks on current centralized databases. Payments and clearances of financial institutions will become enhanced with changing the traditional role of intermediaries to the blockchain. Fees can be reduced vastly regarding that fact.

Ingot Coin has wrapped up all these advantages throughout the trail of IC users, so IC users can have the best experience they ever had in the financial industry. Ingot Coin has a big support from their own previously established companies.

The specialty of Ingot Coin

Ingot coin introduces the best combination of crypto components within a perfectly designed ecosystem. IC ecosystem can provide Crypto vs Crypto Trading, Crypto vs Fiat Trading, Crypto vs Traditional, Fiat vs Fiat Trading, Fiat vs Traditional, Custodial Services, Payment Processing, CryptoCurrency Custodial, 24/7 Digital Banking Service, Highly Liquid Exchange, Listing New CryptoCurrencies, One-Stop-Shop for creating ICOs, Setting Educational Standards, Fund Management, Credit Ratings etc. I bet there is no any other project which can provide this much facility from a single place. Actually, above facilities will be provided by the phase 1 of the project, Phase 2 is focused to create the world's finest Digitized Commodity Exchange. They haven't revealed much information regarding the phase 2, more information will be provided before phase 2 launch.

ICO & Essential Links

Pre-ICO is now over, IC has successfully raised 40,000,000 USD for 6,273 true visionaries. Initial Coin Offering of Ingot Coin is now live. IC provides Up to 25% Bonus for buying now. IC has a concrete target to be one of the top ten cryptocurrencies.

Website : https://www.ingotcoin.io/
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Whitepaper : https://www.ingotcoin.io/documents/en/white-paper.pdf
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