Friday, August 31, 2018
Features And Benefits Of ATOMIC WALLET
The cryptocurrency market is booming, and there has been the rise of different currencies like Bitcoin, Litecoin, and other crypto-currencies.
The use of Atomic swap technology makes the management of cryptocurrency efficient, reliable and easier. This virtual e-wallet belongs to Atomic Wallet (atmoicwallet.io) and uses the same blockchain technology. Also, by its use, there is no involvement of the third party in process of exchanging the currencies between the two-party. For example: If you have a certain amount of BTC (Bitcoin), while the other user possesses an equal amount of ETH (Ethereum) then an atomic swap is a way to exchange the currencies in absence of the middle party.
The transaction functions in peer to peer connection, thus it is transparent, reliable and can be lightning fast. After all, life is always about saving our precious time. The Atomic Swap Work used by the Atomic Wallet uses two means : (1) On-Chain and (2) Off-chain. Thus these chain works by applying Hashed Time Lock arrangements (HTLCS). This concept is derived from BTC which uses Lightning Network.
Some of the basic features and benefits of Atomic Wallets are :
(a) There are no limitations on the exchange, and it is easy and reliable.
As it is a new system of exchange, there are hundreds of customers trading every day. Anyone can find their right amount as it is easy to locate another collaborator.
(b) No fraud.
The use of cross-chain technology makes the exchange reliable. The Atomic Wallet uses its own token called Atomic Pocketbook Coin (AWC). These tokens use the blocks which acts independently without an issue. The data are fixed and works according to the agreements. Also, this Atomic Wallet Token can be run on Ethereum block-chain with ERC: 20.
(c) Safety.
Both the party has to agree on a certain deal before the transaction. This process of following a regulation helps to ensure the safety among the users.
(d) Safe Ecosystem.
Since each transaction is signed through a digital signature, it is sent to the blockchain. As soon as the transaction process takes place, the signature becomes committed which means the money will be transferred safely to another wallet. This entire process makes the Atomic Wallet safe place to use, exchange and store the user's cryptocurrency. The advanced security like multi-signature and authentication helps the eco-system grow towards the secure system.
Furthermore, the consumers could deal with the transaction at any time. The token monetary system is regulated in international standard and the price advancement is clarified through the special charter. The Atomic Wallet is also a centralized system which protects the information of the user. The system ensures the safety of user data and protection from cyber attacks, IP penetration by the hackers and the fraudsters. The design of Atomic Wallet is in simplest form and users with any basic knowledge can work on it. The users do not require the additional ability and the time taken by the task are quick and reliable.
In conclusion, the other crypto-currency exchange can be harmful to its users because they use central systems with centralized administration. Therefore, Atomic Wallets is recommended to the user which definitely saves the user from the modern cyber problem. The absence of the third-party in the transaction is also the greatest achievement, and the use of Atomic Wallet certainly has its own benefit among the users.
Website: https://atomicwallet.io/
ANN Thread: https://bitcointalk.org/index.php?topic=4437510.0
Whitepaper: https://download.atomicwallet.io/atomicwallet-whitepaper.pdf
Telegram: https://t.me/atomicwalletchat
Bitcointalk Username: sufiasyl
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2153432
Monday, August 20, 2018
The power of INSCOIN
The Internet revolution has truly been a blessing, especially looking at what it has done to change the structure of businesses. It has also made possible the innovation of decentralized online platforms for digital currencies. Popularly known as a cryptocurrency, the platforms give power to the people with no third party intervention.
Though digital currencies present great opportunity, they also come with high risk and volatility. To curb that risk, there is a necessity for specialized insurance for blockchain traders. That is where INSCOIN insurance steps in.
INSCOIN is a Knox insurance company project which provides insurance to blockchain traders of digital currencies. The insurance companies will be established in Lisbon, Dubai as well as at Bermuda. This is to ensure that different economic groups get to enjoy the service. This is the first real-world digital insurance company for blockchain trade. Its main goal is to find the perfect solution for the certification of this type of insurance, as well designing a structure to get anti-forgery insurance policies.
Knox insurance company will design its policies in both traditional contracts and in smart tech. This will enable the client to view the policies in real time. Knox has designed the platform for the insurance policies to be fully automated, eliminating possible conflicts for either party to the contract.
Clients will have total control over the policies written, and have access to them at any time they need to. The smartly designed contracts will prevent the diffusion of fraudulent insurance policies. Since the same system that receives payment will be the same system issuing the contracts.
The company has designed great web and mobile platforms, that the customer can use to have access to their services at any time of preference. The insurance company will also greatly benefit from the smart contracts. This is because there will be no delays in the payment of premiums, resulting in the improvement of the company's cash flow. Another advantage is that the fraudulent won't be charged to the company. The insurance company will, therefore, be conducting its businesses with peace of mind.
The brokers will also enjoy the idea of getting paid before their beneficiaries and policyholders, having instant checks of their admin report, as well as the immediate allocation of commission.
Being the first of its kind, INSCOIN for Knox has truly brought about a revolution in the insurance industry. If you are a smart crypto trader you will understand the true power of INSCOIN.
Website: https://inscoin.co/
Whitepaper: https://inscoin.co/#whitepaper
Telegram: https://t.me/inscoinico
Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/
Twitter: https://twitter.com/inscoinforknox
Facebook: https://www.facebook.com/Inscoin-for-Knox-1802470656458272/
Reddit: https://www.reddit.com/r/InsCoin/
Bitcointalk Username: sufiasyl
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2153432
Whitepaper: https://inscoin.co/#whitepaper
Telegram: https://t.me/inscoinico
Linkedin: https://www.linkedin.com/company/inscoin-holding-ou/
Twitter: https://twitter.com/inscoinforknox
Facebook: https://www.facebook.com/Inscoin-for-Knox-1802470656458272/
Reddit: https://www.reddit.com/r/InsCoin/
Bitcointalk Username: sufiasyl
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2153432
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