avansa: INGOT

INGOT

Hello everyone, Today we will talk about the INGOT platform - an ecosystem that incorporates blockchain technology with traditional crypto currency markets, eliminates middlemen, and ensures transparency of all trading processes. The INGOT Group, a financial group that has been in the market since 1993, is involved in the development of this project, and through its company INGOT Brokers provides a range of services in the financial markets. This group has been active in the development of financial markets in the Middle East and North Africa. To do this, in Jordan was launched a consulting company - Sigma Investments. The INGOT Group also arranges the first trade exchange in Egypt. And their initiative has launched the Dreamtechs company that offers digital solutions for its clients' businesses.

Now let's move closer to the ecosystem itself. The structure will include six components that will incorporate all the tools necessary for trading both in the traditional crypto and in-country currency market, as well as open the possibility of exchange of crypto-currency assets for more traditional ones. These components are: Wallet IC (wallet), IC Exchange (exchange), IC Broker (broker), IC Digital Bank (Digital Bank), IC Certifier (certificate program) and IC ICO Accelerator (assistance in ICO organization).

IC Wallet. One of the major components of the ecosystem will be the wallet for storing crypto assets, made on the basis of blockchain. Developers are guaranteed multi-level protection, and cold storage of user assets, which shows a high level of security. Note that for the conservation of Fiat funds may be used IC Digital Bank, and securities products - IC Brokerage.

IC Exchange. It is planned to make an exchange of its own, which will be available to trade token \ coins from both major projects and which will only appear on the market. Also note that API connections with leading crypto currency exchange will be available to users. To ensure high liquidity, the exchange of different types of assets can occur in several stages. For example, a user wants to exchange BTC for Apple shares (AAPL). Thus, first exchange BTC to USD, and then USD to AAPL will take place. This process will be automatic and will not take much time.

IC Broker. This component will open access to all traditional financial assets, such as international currency, shares of the world's largest companies, raw material assets (agriculture, metals, energy). Together with IC Wallet and IC Exchange, this component will allow you to respond quickly to changes in the market situation by investing in different assets. For example, this component will allow you to trade in crypto / stock or crypto / commodity markets. Traders will be able to access the world's best traditional markets such as the US stock market (Nasdaq, S & p 500 and Dow Jones Industrial Average), European stock markets (Germany, France, UK, etc.), Commodity markets are represented at the most exchange rates such as CME and ICE futures and ETFs, which will include Blackrock, Vanguard, State Street, and Tree of Wisdom Tree.

IC Digital Bank. This component will support payments in the ecosystem around the clock. There will also be an instant payment feature available to users. At the same time, on the basis of this component, investors will be able to open an account (from savings to broker). The developers promise a fast payment process, at a minimal cost. It is estimated to issue cards that can be used to pay for goods and services in real life. The IC wallet is debited or from the account at IC Digital Bank or IC Broker account.

IC Certifier. This component will provide educational and training functions for all users. This will include certified courses (IT-consulting, cryptography, financial consulting), successful graduates who will receive certificates that will be highly valued in the financial world.

IC ICO Accelerator. In this component, the widest organizational support for new startups and bring them to ICO will be provided. Young teams will have access to advice on marketing strategies, advertising services, legal aspects of the process, etc. Additionally, after ICO, the token \ coins from the new project will be placed on the internal Exchange IC.

Thus the trade process. the ecosystem will occur through the integration of the functions of the four components of the Wallet IC, IC Exchange IC and Digital IC Brokerage Bank. Here is an example of how the cryptocurrency exchange process for traditional assets will take place: