In just a few years of development, Blockchain technology has become one of the components of human life. Today it is used in successful projects, financial transactions, which ensures their safety and reliability. However, this technology is far from perfect and needs improvement.
As of today, the main drawbacks of Blockchain technology are:
- low speed of operations associated with increasing the volume of blocks;
- a large amount of Commission associated with the desire of users to increase the speed of transaction processing by the node;
- high power consumption and the need to use high computing power, due to the use of consensus algorithms;
- lack of ability to transfer assets between different Blockchain chains;
- excessively large block size;
- the complexity of using technology.
The solution to all the above problems will be a public hybrid platform IZIChain, which allows the use of Blockchain technology in combination with financial markets and social applications.
Project objective
The main task of IZIChain developers is to provide ordinary users and organizations with the opportunity to use smart contracts to convert Fiat funds into digital assets, to trade virtual currency, to perform transactions, to offer loans and a number of other operations.
Principle of operation
Platform IZIChain will completely change the operation of financial markets. To do this, developers use a number of new technologies. Thus, the use of three chains ID chain, IZI chain and EP chain will provide free operations within the platform, high speed of transactions and unlimited scaling, while determining the owner of digital assets.
To ensure the maximum level of security, a unique Blockchain "T" will be used, which will allow storing all data about the users of the platform for the actual verification of the original owner of the assets, thereby eliminating the risks of fraud.
Also, within the framework of the site, a special HLC technology will be used, which provides a convenient interface, high speed of operations and maximum level of security.
The platform will use 2 main components for its work:
- the market for financial assets, including securities, stock and payment tools;
- the market of tangible and intangible assets, including real estate, goods, equipment, business ideas, technology licenses and trademarks.
Within the financial market IZIChain will provide an opportunity for individuals and legal entities to perform the following actions:
- invest free cash in binary options or loans;
- receive loans for any purpose with or without collateral;
- seek funding by entering into business agreements by digitizing real assets or real estate into tokens;
- trade digital assets;
At the site IZIChain will be P2P lending, offering users the following advantages:
- accelerated loan approval process;
- a lower percentage on the loan;
- a higher percentage of earnings for the lender.
Special attention should be paid to the digitization of assets. This process involves the quantitative and qualitative evaluation of the asset and its transformation into a virtual currency for subsequent use for trading, transfer, use as collateral for a loan, as well as for the purchase of bonds. Cars, houses and other objects of movable and immovable property can be digitized.
It is important to note that when entering into agreements and using assets, users will be able to communicate with each other to reach an agreement and clarify the terms of the transaction.
The main currency of the platform will be IZI tokens, which can be purchased during the ICO.
Dates and details of the ICO
Public sale will be held in 6 rounds in the period from November 1, 2018 to January 29, 2019. The cost of the token will increase with each round. Thus, the cost of IZI during the first round will be 0.05 dollars, and during the 6th-0.1 dollars.
Softcap project - 4000 ETH, hardcap - 24000 ETH.
The distribution of tokens and funds is as follows:
Conclusion
The idea of creating a platform that provides a simple and convenient way to use virtual currency like Fiat money is quite attractive. IZIChain will allow you to digitize real estate, real assets, receive loans in crypto currency, earn on the placement of your own assets and provide access to a full range of banking services with more favorable conditions. All this will attract a huge audience, which in turn will affect the increase in the value of the token. Therefore, investing in IZI tokens in the early stages can bring a good income to investors.
Official resources of the project IZICHAIN:
