Currently bitcoin enthusiasts are constantly evolving. Almost everywhere in the world can already trade this bitcoin. Because of the many trades that make this bitcoin price soaring. By the end of December 2017 bitcoin prices touched $ 11,000. Experts predict that bitcoin prices will touch the price of $ 20,000-60,000 by 2018. The price is fantastic because the coin trip is only 7 years running. Even at the beginning of 2017 the price is still in the figure of $ 7000. Market capitalization surpassed more than 200 billion USD, with total crypto capitalization flowing past 500 billion USD. Furthermore, the 24 hour trading volume averaged more than 20 billion dollars
With this rapid growth, it creates new problems that were once unpredictable. One of the most important is the difficulty of obtaining permission from the government or related institutions. This may be influenced by the absence of a special body that regulates this bitcoin circulation. That is why the importance of an institution that can guarantee and manage this bitcoin. So that investors or traders can be sure and can transact comfortably.
Problem
The absence of a policy issued by the related institution makes a power vacuum to monitor the bitcoin price movement. And this makes inconvenience in determining the price. Even in the absence of an institution regulating bitcoin circulation, in some countries this bitcoin is prohibited.
Bitcoin price is very volatile and can be very down. This price is determined solely from the demand and availability of coins in the market. This is what often makes traders lose big. And this price is different on every exchange. For example, when Bitcoin is traded in the US market the price is $ 12,000, while if trading in the Korean market its selling value becomes 14,200 KRW or $ 13,075. With a large price difference, people in certain areas feel that this is indeed a problem, and they crave a better solution. That is why institutions or parties are needed to maintain price differences.
Fidelium
To resolve this issue you may be able to use a new platform that emerged earlier this year. This app may help you in handling and troubleshooting. The application is Fidelium. An online-based application that offers solutions to reduce price differences. The platform is Fidelium.
Fortress Online Trading System (OTS) Fidelium, a platform that offers solutions that enable you to save or minimize price differences between one market and other markets. Fidelum lets you access prices from around the world on a single platform. Thus you can monitor different prices between certain coins in various trade exchanges, determine which bourse offers the best price, and make trades that suit your desired exchange.
Fidelium project.
It is the world's first interbank banking platform, which introduces the Fortress online platform, working with crypto assets. The castle brings users with the freedom to access every exchange around the world. Also, the platform will be integrated with Fidelium mobile app where there is a debit card of multi-wallet payment system and interface. The beta version of this app will be released in March, and the app release is scheduled for April.
On the platform, you will have one account that has access to all exchanges. Exchangers from Fiat to crypto-currency will also be used and vice versa.
The castle brings various exchanges around the globe together into one platform, and sends it at your fingertips. You can buy whatever cryptocurrency you want in any supported exchange, and sell it on any exchange, even if it's not where you bought it.
Program Overview
Let's take a look at the Citadel. Please keep in mind the image below is a screenshot of Fortress, which is in the prototype development / design stage. So, it may look different when released.
Once you have selected the coins you wish to buy, you will be presented with detailed information, such as current prices, arbitrage opportunities, changes in the last 24 hours, and trading volume.
Number. 6 is an example when you will choose Bitcoin to trade at Fortress.
We want to present practical solutions to enable real-life cryptocurrency expenditure. So we see how we spend money in everyday life, and the answer becomes very clear. Most of our expenses are made through our credit / debit card. The only time we actually used the cash was when we split the bill. Even then, some of us will only send money through our bank or other P2P payment applications. In addition to saving cash for emergencies, we do not use "money" in our lives.
So, we decided to look into the debit card system. Being able to spend cryptocurrency by simply swiping a debit card would be a very simple and easy way for people to spend cryptocurrency in real life.
While the back-end structure is somewhat complicated, the basic idea is very similar to how normal debit cards work. The difference is that if a regular debit card, issued by your bank, will withdraw funds from your checking account, Fidelium debit cards will withdraw funds from your cryptocurrency balance.
In order for our system to function as we imagine, there are some important elements that need to function properly.
1. Application of multi-cryptocurrency coin purse integrated with debit card network.
2. Liquidity Provider, guarantee transaction.
3. Citadel - Cryptocurrency OTS Fidelium, fully integrated with our website / app
Citadel, OTS Cross Value (Online Trading System)
As stated earlier in the white paper, users will be able to purchase, and / or sell various crypto currencies in various exchanges around the world through the Citadel, "check the image below
One platform currency will be a FID token, released on the basis of an air blockade. This token will be used to pay commissions on platforms for transactions performed and cashback expenses.
During ISO, tokens can be purchased for currencies such as bitcoin, ether, dash and lightcoin. The number of tokens issued is 300 million, 50% of all coins made will be allocated for sale. 30% of all tokens will be used for various marketing purposes. The company will hold 10% tokens as backup.s
Fidelium Token - FID Summary
Fidelium Token "FID" is the token of ERC20 Ethereum, with total mint 300.000.000 FID.
Soft and hard caps are set at 38,000,000 FIDs (about 10 million USD), 150,000,000 FIDs (about 47 million USD), respectively.
A total of 50% of all tokens made will be allocated for sale.
A total of 30% of all tokens will be used for various marketing purposes.
Fidelium will only save 10% of total token as company backup.
The remaining 10% will be allocated to our team.
In total, 80% of all tokens will be released to the public.
Allocation of Token Sales Fund
The funds we collect from the sale of tokens should be allocated as below.
Any and all funds passed hard cap will be returned to the wallet address sent from them. Cryptocurrency received is Bitcoin, Ethereum, Litecoin, and DASH.
The castle also has other important goals. This allows us to sell cryptocurrency in a timely fashion to cover the cost of debit card transactions. Without it, we will not be able to provide a stable liquidity for Fidelium debit cards.
Until Fortress is completed, tested, and released, the Fidelium app will be integrated into the cryptocurrency currency exchange we have chosen for us to complete the amount of the debit transaction.
Road Map
As stated earlier, our goal is to provide the "All-In-One Platform to bring crypto exchange around the world to your fingertips and enable cryptocurrency spending in everyday life."
* To unify worldwide exchanges - System of the castle.
* To enable the spending of cryptocurrency in everyday life - Fidelium Debit Card
Loyal to this Time Line
Roadmap
The equivalent portion will be spent on marketing for the Fidelium platform. This includes both online and offline marketing campaigns. 15% will be used for our affiliate partners, and 5% for legal counsel.
For Promotion and Offline Tests, we will set up offline stores to thoroughly test our services in real life and run promotions to further deploy the Fidelium brand. The last 5% will be used to make donations to various charitable organizations and institutions.
Our faithful team
To conclusion I would like to say that I am very interested in this idea. I advise you to take a closer look at this project. All links will remain in the description.
Whitepaper: https://fidelium.io/whitepaper_0217.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2894539
Twitter: https://www.facebook.com/FideliumToken/
Telegram: https://t.me/fideliumtoken
Author : doy17
Profile : https://bitcointalk.org/index.php?action=profile;u=1701501
Eth : 0xB17500134c9cECBE14353a5ecb2d860fc840DF24
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