BCNEX
BACKGROUND BLOCKCHAIN TECHNOLOGY TRANSACTION
Today we will introduce you to Bcnex.net project; introduce breakthrough features of the project; solutions to overcome the problems of existing trading floors.
Table of contents1: What is Bcnex?
2: The problem of today's
cryptocurrency exchanges 3: Why choose Bcnex, project solution Bcnex
4: Ecosystem and benefits
5: Conclusion
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What is Bcnex?
Bcnex is the place for trading, buying and selling, exchanging values of start-up book creation projects using Blockchain technology. In Bcnex's business philosophy, customers are always placed first. Therefore, the Bcnex development team has spent a lot of time researching and developing a distributed system with high stability and security for Bcnex to meet the most stringent requirements of customers.
Bcnex has also designed an optimal asset storage solution for customers on the BCnex floor by combining a hot wallet (hot wallet), cold wallet (cold wallet) and hardware (secure hardware) with the mechanism System security is similar to the way banks, network operators and governments in advanced countries still apply. This ensures the absolute safety of customers' assets, while ensuring the system's liquidity.
Bcnex is also a fast, accurate, low latency trading platform, and has flexible scalability to meet up to 2,000,000 trading orders per second.We will issue a BCNX token, first on the block-chain Ethereum platform, then switch to CryptoNote for the purchase / sale transaction with other coins / tokens. At the same time, customers can also use BCNX to pay transaction fees on Bcnex to enjoy discount up to 75%.
The principle in Bcnex's business activities
"Customers Are Above All; Bcnex will constantly research and develop to give users the best experience."
The problem of today's cryptocurrency exchanges
Issues of the existing money-and-asset trading exchanges Although the pre-encrypted and digital asset exchanges have outstanding advantages compared to the traditional legal trading floor and the number of delivery floors. Translation technology of this type is increasing over time, but most of them are facing many problems.
Technical background issues
The trading floor system needs to be designed from the foundation, meeting all the factors: security, efficiency, processing speed, and scalability. This often slows the initial development, but is important for long-term success.
Many exchanges have been built up quickly by highly qualified sprout engineers, but have little or no financial knowledge and trading platform operation. Therefore, in order to save only costs and time, they often choose the simplest method to set up and run the system.During the first period of operation, these established trading platforms may work normally, but once the traffic increases, the system will be overloaded and information is unlikely to be dealt with. effective management. The recent frequent overload of trading floors in the top of the digital asset trading market are typical examples. The Crypto market is in the process of developing and expanding on a large scale.Demand for Crypto transactions in many stages of the market is huge.Many exchanges do not meet these requirements because the overall technical architecture is weak. Bcnex provides a technical platform capable of handling up to 2,000,000 transactions per second.
Security and security issues
Every year, hundreds of Crypto trading floors must be closed due to hackers intruding or fraudulently taking over the user's assets. Bcnex is built to the highest standards, strictly censored and always checked to prevent unauthorized access to the system.
Our technician team has experience building financial systems according to the highest security standards. Ensuring security for customers' assets is always our top priority. Bcnex was founded and operated by OriTech., JSC, a registered legal entity in Singapore. The activities of OriTech., JSC comply with Singapore's laws to ensure legal safety and user rights.
Liquidity issue
The value of a centralized trading floor lies in its ability to create high liquidity, support investors to trade, and take initiative in buying / selling decisions. However, most of the current digital asset trading floors do not meet this requirement. When a trading floor has few trade orders, strong slippage will occur and cause financial losses to investors. Besides, attracting diggers, investment organizations, and big traders into a fledgling exchange is not easy and in that case, the exchange needs to have a specialized team A deep understanding of this new market.
Customer care issues
At present, there are many trading floors that overlook customer service, while this is one of the decisive factors for the success of a trading floor. The greatest thing in customer care is to make customers feel uncomfortable or disappointed. Research shows that when customers suddenly encounter problems or receive delayed assistance, most will not bother to contact for assistance but just quietly leave.Moreover, when working with special customers like traders, the development of good customer service becomes even more important.
Therefore, in parallel with building a high-quality technical technology foundation, Bcnex focuses on developing service quality, considering it as a core value and a competitive advantage in the digital asset trading market. . When traders get into trouble, we guarantee that they will receive answers directly from employees who understand the system, not from the available answers.
Why choose Bcnex, Bcnex project solution
Security and Stability
Bcnex is a distributed system with high security, stability and scalability to meet the most stringent requirements of customers.
Multi-level security system
Safety and security are one of the most important criteria of a blockchain technology trading platform. Therefore, Bcnex implements system security across multiple layers, from building a solid firewall or using tools to prevent denial of service (DDOS) attacks to warn users when there are Abnormal behavior occurs. To ensure the highest level of security, when an account has an unusual behavior, Bcnex will proceed to lock that account for a certain period of time and specifically notify the account owner. In addition, important requirements are required to use 2FA code and Anti-phishing code. Bcnex also requires users to conduct KYC before attempting to conduct transaction-related actions.
After a long time of researching and cooperating with reputable security firms, Bcnex has designed a wallet solution that ensures absolute safety and still retains liquidity when the system is compromised. Our solution uses a hot wallet (hot wallet), cold wallet (cold wallet) in combination with the secure hardware security. Most of Bcnex's electronic money and digital assets (98%) are stored in various cold wallet, completely separate from the Internet, so hackers cannot attack. The rest is in hot wallet, enough to meet the user's daily withdrawal transactions. To increase security for hot wallets, we use hardware modules to perform transaction authentication with 2FA keys, limit the amount of transactions in a period of time, sign and send transactions to the blockchain. These modules have an automatic periodic integrity check and will be deactivated if interference is detected. With the solution of the highest security standards, Bcnex's wallet system always ensures the user's property is safe. This mechanism of operation is similar to the way banks, operators, and governments in advanced countries still apply.
Security and security issues
Every year, hundreds of Crypto trading floors must be closed due to hackers intruding or fraudulently taking over the user's assets. Bcnex is built to the highest standards, strictly censored and always checked to prevent unauthorized access to the system.
Our technician team has experience building financial systems according to the highest security standards. Ensuring security for customers' assets is always our top priority. Bcnex was founded and operated by OriTech., JSC, a registered legal entity in Singapore. The activities of OriTech., JSC comply with Singapore's laws to ensure legal safety and user rights.
User-oriented
Bcnex provides a user-friendly platform, giving them the best experience both on the Web and App.
High performance
Fast, accurate processing speed, low latency and flexible scalability to be able to meet up to 2,000,000 orders per second.
Solution on technical foundation
Bcnex Order Matching System (BCOMS®) is a component that is responsible for pairing orders and sell orders in the trading system.This is the most important component of Bcnex and is built with great care. All buy / sell orders are kept in high-performance queues and designed by us to ensure data integrity, not to lose orders that cause damage to users. Bcnex's matching system has low latency and flexible scalability to handle up to 2,000,000 trades per second. With this number, Bcnex becomes one of the fastest trading platforms on the market today. You can be assured that, on our trading platform there will be no case of bottlenecks in the trade orders due to the overloaded system.
Bcnex is designed and built based on a distributed model to ensure easy scalability by adding physical servers when the system needs to serve large traffic and transactions. With load distribution system based on powerful servers and the ability to automatically control the system status, Bcnex always maintains stability and service time up to 99.99%,
Access speed is also one of the factors that Bcnex focuses on improving to optimize the user experience. With the microservices model, the system is divided into small services and separate databases.As a result, we can easily change and expand as needed without affecting the entire system.
Creditial
With a rich and abundant liquidity supply, Bcnex ensures that all transactions on the system will take place quickly.
Liquidity solution
BCNex will build a forensic trading platform to increase liquidity for pairs or encrypted currencies and high liquidity tokens. At the same time, we will also create a margin trading platform where BCNX is considered the main asset. Bcnex's team has many years of experience in the foreign exchange trading industry, blockchain industry, pre-coding and digital assets. We have worked, as well as operating a number of exchanges with international partners, amassing a large network of partners in this field. These partners will be key in the launch of the trading platform and lead to solid investment opportunities for investors.
Diversified Market
In addition to supporting a wide range of popular electronic currencies, Bcnex also constantly updates other potential tokens.
24/7 Support
Bcnex's support team works 24/7 to answer any questions for customers, from transaction-related issues to technical.
Customer service solutions
In parallel with the construction of technical technology, Bcnex always considers the quality of customer service is the core value and its competitive advantage in the digital asset trading market. The entire staff and team of Bcnex always share the responsibility to support and answer all customers' questions and help customers have the best experience. When traders get into trouble, we make sure they receive direct feedback from highly trained and knowledgeable employees, not from the available answers.
Ecology and benefits
Bcnex is not merely a digital money trading platform but also aims to play a bigger role. That is creating a complete ecosystem.
Bcnex ecosystem is created with the vision of becoming an "innovative nursery for the blockchain technology platform". This is a perfectly suitable orientation in the context that Vietnam is trying to become a startup country and blockchain technology is gradually asserting its important role in industry 4.0.
For start-up technology businesses, Bcnex's support will bring a tremendous meaning.
Specifically, Bcnex ecosystem provides:
Bcnex.net trading platform: through Bcnex ecosystem, startups on Vietnam blockchain technology platform and even startups in the same field all over the world can exchange business values through token / coin, ... on Singapore Bcnex.net trading platform, fully guarantee legal legality.
ICO platform: In addition, Bcnex also supports businesses to successfully call for investment capital through the form of selling or issuing ICO / STO from private sale stages, angel funding round, and other sales circles where businesses want and can adjust themselves to best suit their business roadmap. Now businesses can use Bcnex's ICO Platform to conduct fundraising.
Project Data Center: On the side of investors, Bcnex will play a transparent advisory role, providing sufficient information about projects that are raising funds and offering classification ratings based on The synthesis of many different criteria. From there, investors can combine more research information and personal judgment to make the most accurate investment decision.
The benefits that Bcnex ecosystem brings
For the community:
Investors can be assured and confident when joining Bcnex because this is an innovative product by a 100% Vietnamese founding team with the ambition of bringing the Vietnamese technology market to the world level. And because Bcnex developers are Vietnamese, it is possible to fully understand the thoughts and difficulties of domestic investors.Bcnex has overcome the weaknesses of foreign exchanges, building a user-friendly ecosystem.
Bcnex has a staff of 24/7 support staff and Vietnamese language support in addition to other languages.
Bcnex uses the highest security standard in managing electronic wallet.
All technical problems are considered to be handled quickly.
Information of projects that Bcnex supports always ensures a transparent and carefully selected factor, providing only projects of positive value to society.
For businesses: Through the release of ICO on the Bcnex platform, blockchain technology startup businesses will be able to fully focus on project development without having to worry about the testing process as well as The cost of making capital calls is the same as when joining other exchanges.
Opportunity to access a variety of investment sources not only locally but also abroad because Bcnex.net is an international trading floor registered in Singapore.
The process of registering ICO on Bcnex is very streamlined, minimizing costs.
Especially with crypton blockchain research projects that will be directly reviewed and supported by Bcnex.
For the government:
Through the Bcnex trading floor, the government can fully manage the capital raising issues of businesses as well as individual investment activities. Since then there are actual bases for tax calculation and tax collection through activities on the trading floor.
Because Bcnex is an international trading platform with many foreign investors participating, the government will receive more foreign currency sources that bring economic benefits.
Conclude
So we have just introduced to you Bcnex project; Also give out the highlights of the project for your reference. With a clear orientation and an experienced development team, I believe that the trading floor will be stable and developed, the token value is increasing.
Refer to the project information at:
Username : danil21
Eth: 0x4cEaD27a6A2aAEdAa44d35D8BF2a2c9370AbbE6a
