Introduction:
Currency, the means which tell us what worth a product is, has changed its meaning in this ever-developing world. As focus is shifted from T.V to Netflix in entertainment industry for the people so is change seen in the monetary system. It is now not that physical form of currencies that works! After plastic money, Electronic money, it is crypto-currencies and fiat that are taking pace. A legal tender which is not physical form of currency but can be bought against it and digital currency secured with excellent technology i.e. fiat and cryptocurrencies are exchanged against the physical form of currencies. People invest in it and wait for right time to sell it, thus have been doing what banking system does. But there exist many barriers for one to exchange his/her currencies!
The novice who wants to invest in these currencies or want to exchange his physical form of money has to face many complexities to do so. Signing up hundreds of forms to buy one, one need to contact many service provider for each altcoins he wants buy. With each service givers having different terms and conditions and most hatred process of KYC being involved. This leads to lose confidence in the customers and follow traditional method of investing.
The Solution:
Nauticus Exchange is the only one stop solution for one who is looking to invest in Bitcoins etc.
It offers 300 cryptocurrencies and 16 fiats services to be exchanged. It brings users a global banking solution with the facility of transferring money to whoever you want sitting all around the globe in whichever form she/he wants. It can exchange to any cryptocurrency and fiat she/he wants with Bitcoin, Ethereum, Nauticus Coins or physical form of the respective country she/he lives in. With company getting in features like simple interface, digital wallet app, one time KYC update, fingerprint and face recognition technology to get all the best of security to the people. It is one of the high performance exchange platform where 1000s of transaction being attended at a time. It is light, modular and very accurate in use. It has set up large platform of technology and man power to execute their ideas.
Blockchain Mining
The Nauticus Banking and crypto currency service needs to be set up with great amount of technology. This Technology involves big data server's capacity to support banking and exchange rate at good speed. It is house of technology designed using Antminer S9 model which ensures great reliability of resource usage and maximum energy efficiency along with speed and accuracy.
ICO and Nauticus Coin:
With More than 200,000 users registered, it is establishing a huge customer base. With 2.5 billion coins on sale with 0.00001 BTC of price, this Nauticus coin can be used by the user to buy other crypto-currencies and fiats. It is one of the three basic coins required for the exchange. First we need to buy these coins and then we can buy the desired crypto that we want. It will be used for the development the service. These coins are so allocated that 80% of them will be in for the sale to the customers i.e. 2 billion of them will be distributed to the users and the remaining will be registered to be kept for the team, advisors, referrals, and bounty program. The proceeds will be used for different other purposes than development like Legal, Operations and Marketing etc. The unsold coins at the end of ICO will be burned affecting neither the company nor the users who bought it.
Thinking about Future:
1)Nauticus Ecommerce
The global banking solution has a beautiful future with the plans of rolling out its own e-commerce service were sellers and buyers will be able to buy products and services using this Nauticus Coins. The secured digital wallet with facility of direct in-mobile payment etc will be handy here and see major shift of consumers from big ecommerce giants like Amazon and eBay to this platform seeing better services at one place
2)KYC Verification process
Know Your Customer is a way for businesses, institutions and governments to verify the identity of customers. KYC helps prevent theft, money laundering and the financing of terrorism. Nauticus will introduce hassle free KYC process facility where it will register the user only for one time in order to sign up with required documents and thus not going through this process again and again. The data will be updated time-to-time with correct data and surety of it not sharing it to others for any means
Conclusion:
The banking world has seen many changes since the introduction of cryptocurrency. Many people have moved forward to bring ideas in this platform and execute it in the manner to bring better services to the end user.
This company has come with the platform to bring every banking solution on one platform along with the sense of giving it back to the environment what it needs!
Website - https://www.nauticus.io/
Whitepaper - https://cdn.nauticus.io/NauticusWhitepaperOfficial.pdf
ANN - https://bitcointalk.org/index.php?topic=3095196.0
Telegram - https://t.me/nauticusblockchain
Published by - dannywhelan
Profile - https://bitcointalk .o rg/index.php?action=profile;u=1606458