People may feel insecure every time they do some financial activities. It is understandable since sometimes, a transaction involves two parties who do not trust each other. That’s why people start to think that they need a third party, to become the middleman between them.
Take finance institutions (include banks) as the example of the third party which has been mentioned before. People use various type of financial institutions’ services to manage their money, assets and record all of the financial transactions. But actually, the third party itself do not deserve the trust either.
Ironically, such third party is no longer being trusted for lack of transparency. That’s why several issues such as corruption, forgery and extortion are coming along.
Actually, the weak level of trust only one of many problems of our traditional financial system. The other problems are a long service, large commissions on operations, inefficient financial management etc.
Our financial system needs a fresh, reliable, and efficient technology to solve those issues since the traditional financial system cannot do it anymore. And now, such technology is available.
Midex and Blockchain Technology Solve the Problems
Blockchain technology is a reliable distributed storage of authentic records of anything. The currency it uses is cryptocurrency. When this technology is applied to the finance system, it enables people to save records of money transactions, issued credits, and manage their cryptocurrency assets.
Up until now, many blockchain platforms are available. Then, the next problem is: Which one is the best one?
You are highly recommended to join Midex Platform, which uses blockchain technology to support all of the needs of its users. Let’s see how this platform will support your financial activities in the way the traditional system cannot do.
Firstly, by using the Midex platform and its blockchain technology, you can avoid such security issues caused by a third party. Since Midex connects the users of this platform directly and creates real-time records of all transactions within the ecosystem. By using the blockchain system, the data cannot be manipulated, and it is impossible to forge or replace the records.
Another advantage of joining this platform is all of the activities within Midex are supported by a neural network. This system will reduce the possibility of mistakes and compromises, so the level of this platform’s efficency is high .
Then, this platform also uses smart contracts which are combined with IoT (Internet of Things) to be connected to the real transaction in real world. You can have the rest information about how this system works in the whitepaper.
Besides, Midex also has some great features which will benefit its users such as Midex exchange, Midex escrow, Midex ATM, Midex cards,Midex ICO center, Midex invest and credits, and Midex Payment.
ICO Details
Midex is ready to put the project plans into a real action. This platform is offering the opportunity to be the part of this innovative ecosystem by offering its token.
The token which will be used within this platform is called Midex token. The starting price of one token is $1, but it will increase as the number of tokens sold increases.
The token holders of Midex token will be divided into several statuses, depend on the number of tokens they have in their deposit account. If someone has 1,000 tokens, he will get the ‘steel’ status. Then, if someone has 5,000 tokens, he will get ‘silver’ status, 1,000 tokens will get ‘gold’ status, 25,000 tokens will get ‘platinum’ status, 50,000 tokens will get ‘palladium’ status, 100,000 tokens will get ‘mithril’ status and 500,000 tokens will get ’kryptonite’ status. Midex Platform also offers several advantages for the Midex tokens holder, depend on the statuses.
Conclusion
Midex Platform offers you a digital banking experience. It is different from the traditional banking system which lack of transparency and be the cause of insecurity. Midex Platform creates a secure ecosystem which enables its users to do financial activity without worrying about such insecurity issues.
Besides, by being supported by blockchain technology and neural network, Midex Platform will efficiently assist your financial activities. The technology will connect its users in real time, then record all of the transactions within the ecosystem. The users do not have to worry about the information will be manipulated, since blockchain technology make it impossible to replace or forge the records.
Link:
Website
Whitepaper
Facebook
Twitter
Telegram
Author:
bitterdog
ETH: 0x939e987B687d1E21d175340C02373bdDCEe31Bc7