Platform FintruX ICO
Table of contents:
- FintruX platform
- Goal
- Problems and solutions
- Benefits
- How does it work
- ICO Details
- Conclusion
FintruX platform
Fintrux is a whole company that works in the field of lending. Loans can be very risky, and Fintrux knows it well. People who provide money have a high risk of losing money if others never pay, and people who receive money often pay huge interest rates because of the danger associated with the transaction.
FintruX creates a unique market block that can instantly match borrowers and lenders based on their financial needs and credit profile. The biggest difference compared to its competitors is that the FintruX network does not require collateral from borrowers and lenders to offer an additional level of protection against default, making the loan completely safe. In addition, because of strategic legal partnership, the structure of the ftx marker, which was carefully checked by securities experts as a strictly service token. Thus, the announcement is expected in the near future that the sale of the token will be open to US investors as well. This will make FintruX only a block of credit project to make it.
Goal
Eliminate the need for physical infrastructure and provide complete ease and automation, improves efficiency, reduces manual processes and improves overall credit and credit.
Our technology supports this innovative market and administrative model to effectively link and process global demand and supply of capital. The FintruX network is one of the world's first block online markets and an automated administrative platform that connects borrowers, lenders and specialized service agents, allowing them to customize and create any real-time borrower contracts.
Problems and solutions
Problems:
Most sources of financing are third parties, such as brokers and other intermediaries. This increases the cost, time and complexity of the process. In addition, the administrative process is usually laborious. Most financing agreements are difficult to understand, and special instructions such as trading, redemption, refinancing, early repayment, processing at the end of time, etc., are mostly performed manually in spreadsheets.
Most of the systems used by investors, which are not fully automated, records change, censorship and submitted to the patriotic act of the country of residence.
Funding for the industry has not yet been adopted or new technologies have been adopted to meet the demand for new products and growing concerns about data confidentiality, increased competition and consumer behavior change in this direction.
Processes of financing, risk management, bonuses, and claims are usually associated with significant data exchange between multiple parties. At present, different batches will store their own copies of the data and process them separately.
This makes it difficult to synchronize and work together in a common process. Internet financial portals, trying to bypass intermediaries, failed to solve the above problems.
Solutions:
Rating partners such as fraud and identity service agents, credit scoring and decision-making agents, wallets, stock exchanges, banks, asset managers, insurance companies and technology companies will have an important role in our ecosystem. Our network will allow our partners to offer a new generation of financial products and develop new innovative tools for use on our platform.
For the first time, borrowers will be able to assess their creditors on a decentralized and unchanging platform and be sure that they receive the safe, affordable financing that they need.
Benefits
Anyone who has ever taken a loan in a traditional way knows that this is not the easiest process. Commissions, intermediaries, and documents can make it expensive and time-consuming. FintruX has a number of advantages for both borrowers and lenders in comparison with these obsolete processes. Some of the benefits are listed below, but check out their white paper for a complete list.
Benefits of the Borrower:
- Transparency and fairness
- Reduced transaction fee
- Fast and efficient financing
Creditor Benefits:
- Risk-reduction of investments
- No upfront costs for creditors
- Fully automated for efficient lending process
How does it work
FintruX's unique smart contract over the network in real-time each of the debt is unclear, unchanged and resistant against censorship records, to submit to arbitration need without being produced and distributed. Instantly match the application for a loan through the process, and simplify, FintruX Network, those who loaned, refinanced, and, as an advance payment, the funds after self-management parameters.
FintruX Big Data Network will use its abilities. FintruX network; Robocoder, Enterprise Ethereu, Alliance, Microsoft and various universities partnerlik.Machine training with anti-fraud, default and credit forecasting will be found in the estimates. Artificial intelligence in the technology of the credit decision-making process will be found suggestions.
ICO Details
• Symbol: FTX
• Sale of Token Duration: 7 February - 28 February 2018
• Marker ICO Price: 1 FTX = 0.64 USD
• ICO target: US $ 25,000,000 million
• General Purpose: 100.000.000
• Will be sold token amount: 75%
• Accepted currencies: ETH
Conclusion
Fintrux is an application for those who have different advantages. Innovative approach, high earnings, satisfied customers, one of them. The new trading platform FINTRUX which is based on the method of blockage, which managed to show the market and changes in the function of the financial ecosystem. This system uses a peer platform to be how to support the trading process for some asset types are amazing. In addition, this platform is also used crypto currency is well known for that trademark. The developers hope to make the target liquidity very large holding trade markers to give advantages to the owner of the mark.
- More information can be found here:
- WebSitе
- Whitepaper
- BitcoinTalk
- Telegram