The fintech industry has continued to receive an overwhelming attention since the advent of blockchain technology. The industry over the years has been under the full control of government and financial institutions who propose and detect how trading is done. These institutions are marked with lack of transparency, unjust influence by the powers that be, exorbitant charges, and the trading process is time-consuming. Then came the blockchain with its disruptive technology, ever since then a lot of applications and projects have been developed and deployed to tackle most of these problems. The approach has been to democratize the financial industry, take away the unjust influence of the few that control it and extend this power to everyone, develop a robust financial solution that will promote the fast, transparent, and secure industry.
The major problem that the decentralized solutions have been unable to resolve is the integration of the different trading asset into a single platform. This has resulted in a fragmented industry, one has to have multiple accounts from different platforms offering one or two of many services a trader might need. There is no solution so far that has been able to integrate all the different asset trading options into a single platform. The entire trading process is cumbersome and time-consuming.
The Solution
The TradeConnect network was born in the quest to finally democratize the financial industry, a decentralized multi-asset trading platform based on the blockchain technology. TradeConnect network will offer traders the wildest selection of financial assets like has never been seen before. The TradeConnect platform will support equities, Forex, commodities, futures, and cryptocurrency, all powered by the blockchain. Traders will no longer have to worry about the security of their assets, TradeConnect underlying blockchain technology will offer individuals and institutions a fast, secure, reliable and transparent ecosystem. A set of Smart contracts will sit at the heart of TradeConnect and automate the trading process, the trade will be automated and settlements will be easier, faster and transparent. Employing smart contracts will eliminate the need for any intermediary. Through the TradeConnect network, traders will no longer have to be on multiple trading platforms in order to meet their trading needs, as it’s multi-assets trading will be able to meet everyone’s trading needs. TradeConnect network will be able to match makers and takers in a seamless manner, traders on the network will be able to trade against other traders in a single trade or against multiple participants. Traders can also create a network of friends and trade with each other and lastly, brokers and counterparties will also participate in the TradeConnect network to offer liquidity.
Thinkcoin
Assets trading on the TradeConnect network will be powered by Thinkcoin (TCO), an ERC 20 standard utility token based on the Ethereum blockchain. Thinkcoin (TCO) will support the trading of different assets on the TradeConnect network. Holders of Thinkcoin will be able to trade in the various markets offered on the TradeConnect network. The Thinkcoin token can be acquired during the ICO or in other cryptocurrency exchanges available.
Conclusion
Thinkcoin will finally revolutionise financial trading by offering individuals and institutions a fast, secure, reliable and transparent trading Ecosystem. Finally, traders will be able to trade any financial asset, in a peer to peer manner and trades will be settled in the shortest time possible.
Important Thinkcoin Links
Website: https://www.thinkcoin.io/
ANN Thread: https://bitcointalk.org/index.php?topic=3077146.0
Whitepaper: https://docsend.com/view/5rxxi9c
Telegram: https://t.me/thinkcointoken
My Bitcointalk Profile https://bitcointalk.org/index.php?action=profile;u=2171173