Overview The HiBTC Cryptocurrency Exchange Platform

in #blockchain6 years ago

Hello dear friends! Today we will talk about a new interesting project HIBTC ! This project is a new type of exchange of digital assets, which will be safe, convenient, and transparent. Let's start!
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Adam Smith was known as the father of modern economics, who wrote what is considered the "bible of the Western economy", "The Wealth of Nations". The main points of view on this book include the fact that the division of labor and market exchange can lead to economic prosperity; that on the "ideal market" individuals view their independence in economic life, which means that society will be rich through the division of labor and market exchange. The main characteristics of a perfect market are private property, each person for himself, full knowledge of market information, and the absence of the need for government intervention in economic activity. The rapid development of Internet technologies and blockchain technology significantly reduces the "transaction costs" for individuals in the market. With great data and a world wide web, The search for information has become easy and effective. With the use of blockchain, you can trade and contract with just one click. In 2009, the world's first digital currency, bitcoin, appeared. In May 2010, a man named Laszlo Chanec from Florida bought two pizzas for 10,000 bitcoins. This was the first transaction in the world using digital currency. In the past year, crypto-currencies have gained great popularity. Growth bitkoyna for the year exceeded all expectations. Blockchain technology can be applied in various fields. Different developers are launching many projects on the blockchain, which can significantly affect the global economy and finance. There were various crypto-currency exchanges that process user transactions around the world. As of early 2018, there were more than 500 digital currency exchanges and more than 1,500 types of digital currencies for a total of about 400 billion US dollars. This sphere only begins to develop and improve, because there are problems in it. Among them, one can distinguish fake transaction data, security, (there were cases of theft of funds from users) high prices of exchange listings, low efficiency, which not only cause losses to investors, but also hamper the healthy development of the digital currency market. Developers of the HIBTC project are designed to disrupt the traditional exchange model, and create a new type of digital asset exchange that will be safe and transparent. They decided to use as their organizational form a model based on the community, instead of the traditional centralized business model, because,

Let's move on to the project itself, HiBTC is a new type of exchange, using a new design concept and advanced technologies that will provide a safe, effective and convenient platform for digital asset trading for all participants. In HiBTC, regardless of the size of the transaction, each participant can effectively achieve investment goals without worrying about protecting personal privacy or security of digital assets. In addition, the project will provide investors with rich hedging instruments for risks and selection of investment targets. Also, HiBTC is a completely transparent, fair investment environment where there is a token - HIBT, which is the only token released by the HiBTC platform. The HiBTC platform promises to regularly distribute platform revenues to all HIBT holders. The total number of tokens is 10 billion.

There is no "board of directors" or "management" in the HiBTC community , and the founding team is simply a platform technician who enjoys the same privileges and revenues as any other platform participant.There are no "company" or " client, only community members.Each member of the community can use their HIBT to make decisions on all significant community issues through a smart contract, and receive a portion of the revenue from the platform, depending on the number of HIBT tokens that it holds .

Plus, the HiBTC will offer a "Dividend Bonus Program". Participants will be able to voluntarily join the program in order to enjoy the various benefits of the dividend bonus in addition to the main dividends.

There is one more moment that is very important. The safety of digital assets of users is the main priority of this project. HiBTC cooperates with various companies, investigates and examines security codes to maximize the security of user assets. At the moment this is very important, since hackers hacked exchanges and abducted huge amounts of users, the HiBTC project developers are trying to prevent this.

HiBTC will publish all data relating to the interests of users in real time and on a regular basis, including data on platform transactions, income data, mining data and voting data that must be available for the request, and tracked for its participants. Developers strive to ensure that the project was honest and transparent.

Conclusion

In conclusion it is worth noting. HiBTC is a trading platform that represents a new type of exchange, providing a safe and convenient trade in digital assets. It is worth noting, the HiBTC project will distribute dividends to all the holders of the tokens. I want to wish success and good luck to the development team of this project!

Website: http://www.hibtc.com/
Whitepaper: https://www.hibtc.com/om/about/en-us/whitepaper.pdf
Bounty thread: https://bitcointalk.org/index.php? topic = 5016151.0
Twitter: https://twitter.com/HiBTC_Exchange
Telegram: https://t.me/www_HIBTC_com1

My Bitcointalk Username: chidfranco
My bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2117147