The world is so tired with the deception that blockchain technology has become a source of transparent water for us in the middle of an infinite desert. In blockchain, you can write down any important information. There are no deletions and modifications, which exclude once and for all possible cheating scams after important operations. Midex provides a new innovation in the world by using blockchain technology, Here's the explanation:
What is Midex?
Midex is a modern platform based on blocking technology that primarily handles financial transactions. To date, cryptocurrency markets are only under development. Every day, the number of people using cryptocurrency in modern life increases.
Midex is a financial platform based on blockchain, which promises to bring order to the world of bureaucracy! The unique combination of neural networks and smart contracts will exclude intermediaries, and therefore minimize the possibility of errors or corruption.
Midex is a financial ecosystem that aims to bring all economic participants to a platform where they can do everything related to cryptocurrency. The exchange is fully licensed and encrypted for enhanced security.
Services offered by Midex include escrow services, cryptocurrency exchange, P2P loan market, trade APIs, SWIFT, Savings accounts, asset management markets, social trading networks, insurance, markets, etc.
In recent years, cryptocurrency has gained much popularity among investors, traders and businesses, but remains largely separate from the rest of the financial system.
For Instance, it is still very difficult to use cryptocurrency to pay for services and products in most countries. There is no way to link your crypto wallet with your bank account or card.
Midex Features
- Midex licensing exchange gives you access to the cryptocurrency market 24 hours a day while observing all legal norms. This exchange is designed to withstand heavy traffic loads and ensure high speed operation.
- API: Midex provides a common web platform that brings all Midex services on a single interface. All tools and products are operated independently of each other. Architecture offers improved fault tolerance and keeps local maintenance easy.
- Smart contract: Because Midex serves as an indirect broker and provides a decentralized smart contract to operate independently. Each smart contract contains a database and provides a method for amendment and implementation.
- Escrow Service: The escrow service provided by Midex will protect your money on the platform. Until the obligation is met, it will hold the payment using an autonomous smart contract.
- Payment Gateway The Midex payment system will work with various types of payment services such as e-money, bank cards and allow you to pay for all types of goods and services.
- ICO Center Investors are always looking for promising projects for investment but the ICO market is totally unregulated and quite risky. The ICO center serves as a guarantor for investors.
- VS Office Using VR (Virtual Reality) technology, Midex is building a virtual office that will bring the concept of branchless banking into life.
Midex Over Competitors
There are no financial companies like Midex in the world of cryptocurrency. The platform will allow users to do everything and everything with their digital money. Instead of using a large number of different services that do not work in sync with each other, Midex offers solutions that you can use for investment, commerce, daily use, etc.
The other major difference between Midex and other companies is complete automation. There is no manual evaluation involved in contract execution and fulfillment of obligations.
Midex will be the first exchange that introduces the Bancor Protocol
The Midex team has announced the integration of the Bancor Protocol into the Midex exchange. The main goal of the integration is to allow users to buy and sell Midex tokens instantly, by allowing Middex to be converted to any other token on the Bancor Network. The Bancor Protocol allows tokens to be infinitely liquid, as the automatic pricing mechanism adjusts token price as quantity of tokens staked decreases.
Midex will be one of the first cryptocurrency exchanges to be using the Bancor Protocol. The integration will lead to a greater volume of operations on the platform due to liquid tokens.
Check out how Midex exchange integrated the Bancor Protocol
The Bancor Protocol is a new standard for cryptocurrency called Smart Tokens™, which converted automatically and continuously into other tokens in the network according to algorithmically calculated rates. This allows exchanging tokens without the involvement of intermediaries.The Bancor converts all tokens into private BNT, and then users can exchange them for the required token or leave in the original currency of the project.
The Bancor Protocol uses the “connector” modules that contain the balances of other ERC20 protocol tokens within the framework of smart-contract. The Bancor formula recalculates prices constantly to maintain the balance between Smart Tokens™ and their “connector”.
Unique features of the Bancor protocol include:
- High liquidity (assets are sold and bought at the price as close to market as possible, the protocol guarantees the availability of value, so there is no need to use exchanges)
- Low volatility (the availability of resources and independence from exchanges protect the course from sudden fluctuations)
- No additional commissions (there is only an obligatory commission for Smart Tokens and this is a commission of the exchange, which is relatively low)
- No spread (the same price for the acquisition and liquidation of Smart Tokens)
Thus, Midex’s integration of the Bancor Protocol will allow users of the Midex exchange to purchase liquid assets that are always available for buying and selling at predictable prices.
Midex Exchange is a platform for all types of operations with cryptocurrency. It has licenses in Estonia. To create the exchange, a powerful international team of lawyers, Swiss bankers, and well-known blockchain enthusiasts are involved. Including Eyal Hertzog, co-founder of Bancor, that raised more than $ 150 million during the ICO.
Midex developers promise to combine the best from well-known exchanges such as Bittrex, Binance, Bitfinex, and Poloniex in the interface of the exchange. The peculiarity of the exchange is its own blockchain account with the record of all transactions made on the exchange — for absolute transparency of the bidding process.
This product is the first service that allows working with crypto-exchanges from one interface using private API keys. Trading games on the demo version of the exchange give the opportunity to test its functionality to users with different trading experience.
ICO Midex Details:
Midex token is made on the basis of Etherium and gives its owner a number of advantages. A total of 75,000,000 tokens are issued, and unsold tokens will not be, because ICO Midex will survive until all tokens are sold.
Benefits for investors:
- Daily bonus accrual in the amount of 20% of total commission fee for Midex services.
- Obtain part of a project that benefits from the ICO Midex Center.
- Right to manage tokens during ICO.
- Participation in the privilege program. The token owner obtains authoritative status.
Bonus:
The more funds in the account, the higher the status in the system. With only 1,000 tokens, you have the right to order a debit card!
Conclusion
Midex is associated with the growth of cryptocurrency and that's why it seems to be a promising long-term investment. The Midex ecosystem aims to tie together different segments of the crypto-based financial system. Midex will allow users to use cryptocurrency by binding it to traditional financial instruments. Furthermore, they use innovative safety standards to ensure that their platform remains immune to cyber attacks. Midex seems to be a promising investment. The project is managed by an advanced team and has established partnerships with global leaders in technology.
Roadmap
Project team:
The work team and project management include participants from all over the world: there are qualified specialists from Germany, Israel, Estonia, Switzerland and Brazil.
Midex's main management team consists of three people:
- President of the company - Andrey Dubinin (entrepreneur, owner and associate investor of the company from the financial area);
- executive director - Dmitry Machikhin (international lawyer specializing in finance and banking);
- Director of Legal and Tax Matters - Alex Shkirin (has extensive experience in Estonian corporate and country structure).
Also on the team there are consultants on venture technology, strategic management, international communications and companies, finance and even international lawyers and specialists in the tax field.
Well, the main working group, thanks for that we have an opportunity to get acquainted with this innovative project:
More information can be found here:
Website: https://ico.midex.com/en
White paper: https://promo.midex.com/Midex_EN.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2714588
Facebook: https://www.facebook.com/midexinfo/
Twitter: https://twitter.com/MidexInfo
Telegram: https://t.me/midexinfo_en
Author : siska55
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1662258
ETH: 0x77297ff822f498Fe57698EaB1c1edE3dE21e154f