Uploaded on Oct 12, 2018
The XBX token will become the cryptocurrency credit standard in the blockchain economic system. XBX the token that empowers Bitex Eco-System.
Blockchain Banking with a Decentralized wallet
BLOCKCHAIN BANKING WITH ADECENTRALIZED WALLET
BLOCKCHAIN BANKING
WITH A DECENTRALIZED WALLET
The XBX token will become the crypto-currency credit standard in the
block chain economic system.
• The XBX token is the first of its kind, with secured liquidity and high security
using block chain on an ERC20 protocol.
• Owners of XBX coins will receive an attractive discount on the EZBitex
platform for their fees as using the coin in transactions (trading, sending,
lending, etc).
• Decentralized storage of the reputation of borrowers in smart contracts is
safer and wiser than current common ways of storage.
• It is also possible for other crypto-currency service providers to use XBX
XBX
Utilizing XBX on a Decentralized
Cryptocurrency Exchange EZBitex
The EZBitex platform is decentralized in several ways:
• By having the exchange assets stored in the individual wallets of its
users. The users hold all keys. No assets are stored with EZBitex.
The clients are the custodian of their assets.
• A licensed and regionally divided ownership structure. To ensure a fair
decision in business development and usage of ICO Funds.
• All transactions will be stored in a dedicated data-warehouse that
continuously analyses the data to enhance risk management and
identify predictive behaviors and crypto-currency market movement in
turn, enable EZBitex to optimize the crypto-currency exchange
process and better educate the user on possible payment strategies.
THE XBX TOKEN: OUR CREDIT SYSTEM
Using a block chain technology-
based credit system, processing
transactions are Faster, Secure
and more Efficient.
Loans
Consumer loans will be
denominated in and paid out in
XBX tokens. For collateralized
loans, the loan amount will be
based on the current exchange
rate on the EZBitex platform
for the crypto-currency offered
as collateral.
• EXCHANGE
The customer converts the loan into a
cryptocurrency of his or her choice on the
EZBitex exchange. The process is done
seamlessly, within the EZBitex exchange, at
the request of the customer.
• CREDIT
A customer obtains a BitexPay
cryptocurrency loan in XBX coins,
underpinned by a smart contract that takes
into account the customer's unique credit
rating, and in turn, applies specific interest
rate and conditions.
• GUARANTEE
Liquidity guaranteed by EZBitex
factoring from other leading
cryptocurrency exchange reduces
volatility and adjusts interest
rates. The credit itself may also be
tracked to a world currency index
to avoid sharp fluctuations.
• REPURCHASE
At the end of the loan contract, a
borrower must repay in XBX coins
with interest, purchased at the
EZBitex exchange.
• PAYBACK
The borrower has now completed
his repayment obligations and has
amended his credit score for future
loan requests.
• DEMAND
The cycle of crypto-currency to fiat
and back again creates an inherent
need for XBX coin based services
and ultimately an enhanced
demand for XBX coins.
Address:
Interchange 21, 32nd floor, 399 Sukhumvit Road,
North Klongtoey, Wattana, Bangkok 10110
Website:
https://bitex.global/
https://www.facebook.com/bitex.global
https://twitter.com/Bitex_Global
https://www.linkedin.com/company/bitex-global
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