INTRODUCTION
Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
ADVANTAGES OF BLOCKCHAIN IMPLEMENTATION
Decentralized Payment Processing
The payment processing framework for global commerce is based on a centralized system which requires the services of third-party authenticators. These third-party agents are responsible for ensuring the fidelity of the global payments system and they charge fees for their services. One of the fundamental philosophies behind the operation of the blockchain is the removal of these third-party agents and their associated cost of trust and replacing them with a robust, functioning distributed ledger payment framework.
Creating an Immutable System of Record
The blockchain is the first successful implementation of the distributed ledger framework. On public blockchains, the distributed ledger constitutes an immutable system of records that is available to all participants. The immutability of a blockchain ensures that it is tamper-proof.
Reducing Cost of Transaction
Payment processing remains the basic level of commerce but it is one that has not seen much in the way of evolution since the emergence of fintech protocols. Blockchain technology has the potential to disrupt commerce by causing a paradigm shift in the mechanism by which transactions are carried out. The fees charged by third-party actors and middlemen in the payment chain constitute a considerable portion of the cost of transactions. By eliminating the middlemen, the cost of transaction is materially diminished.
Enhanced Security
Operating on a multinational scale opens up any enterprise to the activities of hackers looking to breach the structural and functional integrity of the platform. Blockchain technology offers a robust security framework that makes it difficult for hackers to make an incursion into the platform. There is no central point of failure and hence no single point of entry for malicious digital attacks. This ensures the safety and security of the data collected by field agents and the payment processing network. that provides an accurate accounting for the entire platform.
As more technological advancements are uncovered, The XERA exchange, which is going to transform the way cryptocurrencies are traded, offering traders and investors a seamlessly integrated solution for their cryptocurrency investing came on board.
ABOUT XERA
The XERA exchange is going to transform the way cryptocurrencies are traded, offering traders and investors a seamlessly integrated solution for their cryptocurrency investing.
XERA challenges traders facing with cryptocurrency exchange platforms while providing an integrated solution for traders and investors who are interested in the cryptocurrency market. XERA will provide the professional tools and resources that traders require for precise trade execution. XERA is currently establishing partnerships with professionals from various industries to assist in the development of a robust trading platform.
Liquidity Improving liquidity on crypto trading platforms is one way to encourage mainstream adoption. To make it one of the priority solutions, we will dedicate 10% share from profit generated from trading fee and put that in a reserve liquidity pool. This will ensure that liquidity remains healthy all the time.
FIND BELOW A VIDEO PRESENTATION ABOUT XERA
Highly Secure Xera experienced security team is backed by a rigorous set of audits and the latest innovations in cybersecurity. Not only are we committed to handling your crypto and fiat, but also ensure that personally identifiable information (PII) should be completely secure from theft and unapproved accessibility
Lightning Fast Our exchange is going to be on one of the fastest engines with super low latency. Have a look at our POC system in the “ALPHA TESTING” section. We were able to sustain a 2.5 Mtps throughput and super low latency and will keep on working to enhance it and create an HFT (High-performance trading) system with increased scalability
Auto-trading Xera exchange allows traders to implement their trading strategies via direct coding methods which will automatically execute their trades based on user implemented logic. Users will have access to all market data and technical indicators via the scripting language, so traders can quickly implement and auto-execute their favorite trading strategies
The Problems and The Solutions Offered
Limited order types
XERA’s multiple order types will provide a high level of flexibility for traders.
Lack of auto-trading tools, unlike traditional platforms
XERA will have highly customized toolset, which can be configured for various indicators and auto-execute pre-configured orders.
Liquidity issues
XERA will have a liquidity reserve pool that mitigates liquidity issues. We will dedicate 10% of profit generated from trading fees to keep this pool healthy.
Poor customer service
We provide 24×7 support with dedicated agents who have verified expertise in their respective fields.
Lengthy validation process for KYC approval
We have partnered with Authenteq for a 90 seconds KYC process.
Lack of regulated crypto-fiat exchange
We are currently in the process of obtaining the required crypto trading licenses.
Poor or no audit process
We will be engaging a third party audit agency to perform regular audits and publish relevant and accurate results.
Slow engine and high latency
We already have POC engine developed with a recent test resulting in 2.5Mtps. High throughput and super-low latency means orders can be executed faster.
Security issues followed by hacks and theft
We have a team of security professionals and a dedicated budget for the most current security tools and procedures within the industry.
XERA Exchange
The XERA exchange will commence as a cryptocurrency-only exchange. This means that cryptocurrencies may only be purchased using other cryptocurrencies on the platform. We understand the benefits of incorporating fiat onto our exchange since Fiat currency continues to be superior in liquidity when compared to cryptocurrency and adding this to the exchange will increase the number of participants. More
participants equals to a higher volume on the exchange thus boosting liquidity. As the exchange grows and develops, fiat currency will be accepted. One of the primary unique value propositions of the XERA exchange centers on the suite of capabilities available to traders on our platform. For our inaugural launch, XERA will support trading in the following coins:
BTC (All coins can be traded with BTC)
ETH (will be disclosed later, what coins can be traded with ETH)
XERA coin (All coins can be traded with XERA)
However, we will add other cryptocurrencies based on a careful assessment of their demand, as the trader onboarding progresses.
About Backend Engine and Latency test
Backend Engine
Trade execution speed plays a vital role in determining whether your trades are likely to yield good results or not. Today, execution speed and accuracy remain critical to maintaining a true edge in trading. In the crypto world, we are still far away from a trading engine with a speed of traditional trading platforms. Xera was able to achieve 2.5 MTPS (Million transactions per second) in our test lab on our POC systems. The video shows our backend engine performance test. Our team is going to constantly enhance the performance as we progress.
Latency test
Latency means a delay or lapse of time between a request and a response. Higher latency means a larger delay for a trader to interact with the market and that results in price fluctuation and thus orders not getting fulfilled as expected. For active traders, latency needs to be managed to increase odds of success. Our systems are built to provide very low latency and that too in different geographical locations. The video shows our engines latency test.
WHY XERA STANDS OUT?
XERA will revolutionize the way cryptocurrencies are traded. The exchange offers a seamlessly integrated solution for the cryptocurrency investing to traders and investors.
There are still major functional gaps in exchanges, although many are available in different locations. The most existing problems with existing exchanges are often security issues, lack of liquidity, latency issues, and a few automated features not provided to traders.
The XERA team was founded by distributors with decades of banking and information technology experience. So xera has simply analyzed which features should not be missing in a high-quality crypto exchange. Many traders currently need to use third-party and other paid tools to help them trade smoothly on crypto exchanges.
XERA will provide all of these tools for crypto trading on the stock exchange to solve and improve key issues and challenges traders face. To finance the development, xera launches an ICO on the first of september 2018 for the sale of XERA tokens.
XERA Components
Features available on Xera Platform
Increasing liquidity by reserved pool
High security by latest innovations in cyber-security
Lightning fast, xera will run by one of the fastest engines with super low latency ( 2.5 Mtps )
Allows traders auto trading by implementation of strategies via direct coding methods
Notification mechanism by instant SMS and/or email for tasks, orders, and pre-defined indicators.
Multiple orders – Limit, Market, Stop, Stop-Limit, Trailing Stop, Fill or Kill, and Scaled.
Integrated on-site Tutorials
Dual Dashboard with simple UI design & intuitive and easy interface
Fiat integration, fiat as a payment method
Token Sale and ICO Details
The Xera token is developed on the ERC20 standard and is going to follow the Ethereum platform. Xera token can be used by traders to reduce their trading fees, and through our token buyback monetary policy, continue to generate additional value for their cryptocurrency portfolio. The token will be the native currency for XERA and will be priced at $0.50 per token. XERA token sale will start on October 1, 2018 and conclude on November 27, 2018. Funds raised from selling 70% of the token supply during the ICO will be used to establish the decentralized XERA exchange that will be launched in Quarter 2, 2020.
Token Details
Token Symbol: XERA
Token Protocol : Ethereum, ERC20
Token Sale Start : 1 October 2018
Token Sale End : 27 November 2018
Max circulating supply : 95,000,000
Tokens for sale : 65,500,000
Token Price : 0.50 USD
Payment methods : ETH
Softcap : 11,172,000 USD
Hardcap : 29,260,000 USD
Country: UK
Whitelist/KYC: KYC
Restricted areas: USA, China
INCOME MODEL
XERA’s revenue model will be based on various trading costs. This fee is as follows:
Exchange fee. XERA exchange fee is 0.1%. If trading in a pair of XERA, the cost will be 0.05%
Commission for withdrawal of funds. Variables for different coins. Will be mentioned later.
Registration fee. Will be revealed later.
ICO
XERA token sales will begin on October 1, 2018 and will expire on November 27, 2018. Sales of tokens will take place in three stages:
RoadMap
2017 Q3 Concept
Origin of platform idea by the founders
Development of trading exchange concept and business plan
Project specification and roadmap design
2017 Q4 Research
Core team establishment
Further research on trading exchange model
Company Establishment
2018 Q1 Design
Development and creation of POC Trading Engine
Phase 1 Exchange design
PR and team expansion
2018 Q2 Preparation
Phase 1 design of Mobile Trading Apps
Preparing the Exchange Security model
2018 Q3 ICO Sale
ICO Preperation
Token creation
2018 Q4 ICO Sale and Expansion
Phase 1, 2 and 3 initial coin offering
Accepting applications for Exchange listing
Establishing regulatory adherence for Fiat acceptance in various countries
2019 Q1 Launch
Exchange launch
Listing approved projects
2019 Q2 Enhancements
Android and IOS App release
Integration of auto-trading tools
2019 Q4 Decentralized Development
Research and Development for Decentralized Platform
2020 Q2 Launch of Decentralized Exchange
Launch of fully functional Decentralized exchange
Meet The Amazing Team
ADVISORS
NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:
Website: https://xera.tech/
Whitepaper: https://www.xera.tech/wp-content/uploads/2018/08/Xera_Whitepaper_v1.0-1.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4812706.msg43416450#msg43416450
Telegram: https://t.me/xeraexchange
Facebook: https://www.facebook.com/xerablockchain/
Twitter: https://twitter.com/xeratech
LinkedIn: https://www.linkedin.com/company/xera-blockchain/
Instagram :https://www.instagram.com/xeraexchange/
Medium :https://medium.com/@team_90186
YouTube :https://www.youtube.com/channel/UCEs6IAjw2-Z7dynqbziA35w
PUBLISHER
bayo88
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2407711