Blockchain
Since its inception a lot of controversies have come up as to what it is and if its safe to go with. Blockchain is an especially promising and revolutionary technology because it helps reduce risk, stamps out fraud and brings transparency in a scaleable way for myriad uses.
Although blockchain is a new technology, it already boasts a rich and interesting history from the beginning of crypography to Satoshi’s bitcoin and now a lot have taken place which has put all our Q’s to rest.
Crypto markets however have two huge problems — liquidity and trust. As anyone who has ever tried to trade crypto in size knows, trading between different crypto assets is prohibitively expensive due to the frictional “liquidity cost” of those trades moving the market, while hacking has led to the theft of $5bn of crypto assets at current prices. These two issues prevent the inflow of the institutional money that is required for the maturity of the ecosystem, as those investors require liquid markets and low counterparty risk.
EMIREX
on the other hand solves a lot of this issues from trust to safety with a mission to build the infrastructure for the adoption and use of digital assets, that is easy to use, secure, compliant and localised for the local markets, focusing on the Middle East, interconnecting it with Africa, Asia and Europe.
Emirex Exchange supports trading of all major digital assets, while incrementally listing additional assets, both top-tier and aspiring projects that are in development.
Other advantages of Emirex exchange includes:
Orderbook is capable of handling 1,000,000 orders/second.
Traders will be able to automatically copy positions opened and managed by selected professional traders
Delivers advanced security measures compliant with the international standards of IT security in the banking industry, per ISO 2700.
Fast track service and lower fees and reduced market impact for key accounts
Real time communication among traders
And many more.
It is also easy to use and Users will be able to enjoy bonus EMRX by successfully inviting new users to register with Emirex infrastructure.
EMRX TOKEN
With a total supply of about 500,000,000. It is issued as an ERC-20 token, compliant to the public Ethereum blockchain.AllocationsThe total supply of EMRX will be distributed amongst various stakeholders. The goal here is to balance the of different groups in order to maximize intereststhe long-term beneficial effects for the Emirex ecosystem development.
EMIREX WALLET
Another is the Emirex Wallet, a highly secured cryptocurrency wallet used to store the crypto-currency and makes transfers easy.
The Emirex crypto-currency wallet lets its users store all the cryptocurrencies traded on the exchange.
With the recent clampdown of some exchanges by governments because most digital assets exchanges and trading platforms are operating without clear regulatory approvals. We however holds EU licenses for a virtual currency wallet service and the services of exchanging virtual currency into a fiat currency. We are in continued communication with regulators across the Middle East, North Africa and Turkey (MENAT) Region to ensure that we will be granted similar licenses in these jurisdictions as soon as regulations make it possible.Obtaining a financial intermediary license is part of the roadmap.
ROAD MAP
Conclusion
We believe in relentless evolution of systems and society Emirex will push the boundaries of innovation and make blockchain technology ready for mass adoption.
While many different projects and initiatives have been undertaken to bridge the gap between the crypto world and traditional financial services, EMIREX is strategically placed to make the tokenization of traditional financial assets and investment vehicles a reality.
Exchange: https://emirex.com
White paper: https://emirex.com/whitepaper
AUTHOR: Richard
Bitcointalk username: chucho4o
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2515427;sa=summary
EMIREX ID: ID2D56929874
https://bitcointalk.org/index.php?topic=5204784.0