The iOWN is an investment platform which has the main function to moderate the gap between the investors and business seeking funding. The development of this platform by the company or its affiliates and subsidiaries will be funded by the processed sale token in the iOWN token.
The business owners who want to expand their business must require some loans and funding as the main input. However, traditional funding mostly provides a strict and complicated procedure. Then, the conventional funding also requires some high fees which mostly along with higher risk. So, iOWN is launched to bridge the investors and business owners to share the benefit and providing an advantage for both parties.
Cryptocurrency also takes apart as an ideal solution to fulfill business needs for both effectiveness, efficiency, transparency, and innovative. While, for financing system, the stability of exchange value and lower risk of a transaction is a must. So, the virtual currency seemly will be a great asset which can significantly develop and helps the business to face the uncertainty of market conditions.
Website: https://www.iowntoken.com/
White paper: https://www.iowntoken.com/iOWN-whitepaper.pdf
The iOWN Concepts
The Investment is Not Something New In The Business Field
However, which business and how it is conducted being something revolutionary ever. The traditional funding required strict and complicated procedures before a business getting a loan. While iOWN provides many easy access and benefits which decentralize funding system through cryptocurrency. Since the investment is a high-risk aspect of the business, iOWN take an important part regarding this situation.iOWN Handling The Investment Problems In Two Concepts
iOWN platform and iOWN ecosystems. These two concepts are generally aimed to simplify and as the modernization of traditional funding to be easier and globally accepted and accessed. Then, the decentralized investment system allows all parties to take apart being an expert for the world business.iOWN Platform is The Core System Of This Investment Platform
iOWN platform is the core system of this investment platform as part of the central part of the business, such as fundraising, business campaign, and corporate governance. The platform fund will be socialized through global-funding event, and as a reward for the funders, all the participants will get the opportunity to use their token to get the benefit from the platform after released.iOWN ecosystem includes all parties which involved in the platform
iOWN ecosystem includes all parties which involved in the platform is auditors, operations, iOWN users, and even the campaign catalog. The ecosystem will follow up and execute digitally and physically the transaction and delivering the outcome of service to all the users in the form of uOWN tokens and a Smart agreement. The uOWN token is passive and cannot be transferred to another account which represents the opportunity to get a benefit (revenue) from the business campaign.
The Differences Between iOWN for Business and Traditional Funding
There are many aspects which differentiate the iOWN and conventional finance system.
Definition
The first most significant differentiation id the definitions, of course. The iOWNplatform allows all parties to being an important part of the business by involving them as the investors and start or develop new business and raise funding from around the world in a fast, secure, and efficient way. The platform also helps the business owners to get the investor in a faster time and wider reach globally. While, the traditional funding requires its loan from banks, financial institutions, the venture capitalist and mostly in a complicated and strict way. It is also limited to narrowed reach.Business Sectors and Efforts
iOWN allowed business funding in any sectors. It can be for-profit, non-profit, physical or virtual business and many more. While traditional funding is only for physical business and cannot be globally accepted. Then, iOWN possibly the business to get a loan in a very easy way, not strict procedures, and a lot of faster than traditional funding which minimally needs a few months and should pass the difficult procedures. Then, the concept of iOWN is distributing share among stakeholders, while the traditional seeking profit.Investment Amount
Is decided by the users when you use an iOWN platform, while the investment amount will be decided by the business owners for conventional funding ever. TheiOWN experts also help the business to measured potential risk, which means it is highly possible to happen and how to solve it. While the investors are being only part who measuring risk which means we cannot ensure about its credibility.Business Transparency
Because iOWN used a decentralization system for managing data, it is much publicity shared for better trust. Which we cannot find in traditional funding instrument. It includes business history as a crucial part of the business right now.
Then, the process of trading share is very simple, which can be doing 24 hours without any boundaries and barriers. Wherein this is can be the contrary found in the traditional funding and other conventional banking. When the business rating is mostly as the responsibility of the investors, iOWN owners is the part of who responded to giving the rating.Investment Monitor
The iOWN can be easily tracked by users for more than hundreds of investment history transaction. Then, as the individual, you can do it easily as you do it as institutional. It will be very hard and mostly impossible to tracking multiple investments in traditional funding institutions.Accessibility
It is the most significant difference between traditional funding and iOWN. A virtual system allowed all parties to access, monitor and control the investment transaction and other financial activities. Then, the provided statistics and data research can be easily found in iOWN, however, it is a restricted data for the traditional banking. In most cases, traditional banking still using middle man and hidden agent while it is an unnecessary part for iOWN.
The iOWN Product
In general, iOWN released such a product platform:
iOWN Website
It provides information the main user interface modules which contain the campaign catalog, participation, and the access to blockchain into a user-friendly system.iOWN Wallets
This is the storage platform of the users token for both iOWN and uOWN. It participates as a third party in a platform which allows the users to buy the token from international users, token exchange partnership, and use the token for platform campaign programs participation.Campaign Catalog
After finding the campaign catalog, let's review its detail contain. It is primary hosting all data users of iOWN, it also takes apart as the KYC information, and campaigning all information of confidential data.PEC (Public Exchange Communication) API
It allows the platform users to communicate and sharing information about the public exchange and also presenting the iOWN user's token balance from the exchange balance and used is as the transaction in the form of cryptocurrency.API Platform
Is a platform which is specialized, permission to controls communication and separation of duties between the different modules. Where each module become self-contained and communicate with another module through this API platforms.Blockchain API
Is platform features which moderate the interface programming allowed interactions with the globalblockchain users.iOWN Oracle
iOWN also have a controlling module, called the iOWN oracle. It is mainly responsible for signing the transaction on the iOWN platform, moderates the wallet token transaction, and generally interacting in smart contract’s blockchain.iOWN KYC
Is a special module which provides storage information of KYC, specifically defining the KYC requirements, and applicable for communicating to KYC providers and users if necessary.iOWN ODR
This platform features responsible for the release process of token to particular investors when public demand is seemly insufficient.
The Review and Conclusion
In general, iOWN is a useful investment platform which typically provides an easier transaction process compared to the conventional funding institution. It contains all features needed by both parties that is an investor and the business owners. Then, the implemented virtual exchange and the usage of cryptocurrency make investment system being less riskier. As the investors, you can directly control and monitor plus measuring the risk at the same time. On the other hand, you can well participate when taking apart as the business owners. Then, the wide reach of investors possibly the business owners to get more investment to expand the business. It also relatively costless investment because it just requires a token which is the most stable currency for doing any transaction. You don't need to worry about exchange cost because it is globally accepted without any cost needed. Then, you can easily control and monitor the cash or token fluctuation directly without any medium interchange.
Finally, iOWN is one of the most recommended platforms for the business field. Besides that, when we see in the fast growth of internet development, iOWN seemly will be popular and not impossible to be the biggest investment platform. The users of cryptocurrency also increase significantly since the virtual business development increase as well.Hence, the ease of accessibility and a simple procedures identified as the important part of traditional banking should be changed. Or else, this conventional funding cannot compete in business market for both digital and physical segment.
For further information, you can visit these sites:
Website: https://www.iowntoken.com/
White paper: https://www.iowntoken.com/iOWN-whitepaper.pdf
And social media:
https://twitter.com/iowntoken
https://www.facebook.com/iOWNToken/
https://t.me/iOWNToken