“Ibinex is an exchange to exchange Ecosystem channeling the power of thousands of exchanges with one unified backend infrastructure”.
Ibinex has been a pioneer in the field of provision of the white collar solutions for a long period of time. Recently, it has launched its whitepaper, which is an initial step towards development of an Initial Coin Offering. This is a hint that the long anticipated ICO will soon hit the markets. The goal of this venture is to ensure that there is an enhanced communication between the traditional exchanges and the newly developed sector of virtual currency.
Ibinex aims to assist the various startups in being better equipped with the challenges they face in carrying out the operations which can be deemed essential for their functioning. These challenges involve liquidation as well as carrying out the rules, for example, KYC. Ibinex has envisioned a better network and a more enhanced technology for a proper solution to these issues faced by the start-ups.
With their guiding principles at their sticking place and the willingness to put in more efforts to bring about a radical change in the level of convenience, the whitepaper submitted by Ibinex provides a set of 11 solutions which can come in handy for those startups which are looking towards a secure future in virtual currency.
These functions include client management, as well as adding unprecedented transparency to the sector. The document also talks about the system employed by Ibinex to carry out the goals in an organized manner that can deliver the desired results. Moreover, a major function that Ibinex endeavors to carry out is reducing the problem of connectivity between different exchange trades and a dearth of liquidity. Ibinex ensures that there are fewer complications involved as far as pricing and a platform for better connectivity is concerned. Ibinex will provide a huge spectrum of options, that is, provision of third party networks is a priority of Ibinex. Ibinex has made sure that the existing model of the cryptocurrency business is challenged and the change is brought about in such a manner that there is a momentum in its journey towards being in the mainstream economic sector. Open source technologies will be used to see to it that there is an increase in the consumer base and more rapid adoption of cryptocurrency. An exquisite feature added by Ibinex is Ibinex OTC institutional desk which lets the users explore giant orders from unconventional exchanges. Ibinex intends to develop this feature and thus promote the trading opportunities with minimal risk.
Ibinex is looking at collaborations with several educational programs and it has expressed desire to do more for the society and that 1% of tokens that are released will be assigned to two prominent charities. With dynamism and compassion as the founding pillars, the ICO of Ibinex is here to stay.