Crypt-ON Platform Review

Blockchain, FINTECH, digital banking, cryptocurrencies square measure ideas that are getting key in an exceedingly quickly dynamical economic paradigm. New digital technologies, supported a revolutionary approach to knowledge storage and worth sharing, square measure coming into the market at associate degree unexampled speed.

Crypt-ON may be a P2P platform engineered on blockchain technology to supply safe and secure trades in cryptocurrency. Crypt-ON is aimed toward a good vary of users—from beginner crypto-enthusiasts and freelancers to investors and managers of blockchain comes. this can be an area wherever folks meet, make deals, get loans for his or her comes, exchange digital assets for cash, and appearance for work or performers for his or her tasks, all by victimization cryptocurrency for payments. In P2P systems, folks act directly, while not associate degree go-between, and alone on the premise of the consent of all dealings parties. Crypt-ON implements this model of interaction on the premise of smart-contracts within which the terms of transactions square measure fastened. In parallel with the utilization of a name token (trust token), that displays the trust rating and also the system of freelance arbitration, this permits the responsibility and security of transactions.

There are several Tokens and crypto-currencies available in this project.

i-Point (IPT)

The main token of the Crypt-ON project is that the product digital token i-Point (IPT), created on the Ethereum basis (ERC20 standard). Token unleash and sale are meted out inside the TGE (Token Generation Event). The IPT token isn't a cryptocurrency or any monetary instrument however a postpaid service for victimization the Crypt-ON platform. It’s an enclosed payment instrument, utilized in payments for the Crypt-ON help services:

Terminal secure trades
finding employment/specialists
checking out loans
Conducting the cryptocurrency-to-fiat exchange between platform users/participants.

Currently, the User's Personal Account interface has been developed. All transactions with i-Point, as well as the exchange of crypto-currencies utilized in the system, are obtainable through it.

Trust-Token

Trust-token (reputational token) is that the digital token containing records of all platform-user operations within the sort of a trust rating. The name of the system participants are determined through the trust token smart-contract. All user actions, transactions results, reviews, etc. can have an effect on its rating. A trust token of a project participant can even be utilized by him/her on the other services. In fact, a trust token may be a cryptographically secure rating of the reliability/trustworthiness of the user of the Crypt-ON system hold on in an exceedingly smart-contract.

Stablecoin

The use of stablecoin can offer a lot of confidence to the parties in written agreement transactions and loans. We have a tendency to assume the utilization of associate degree external trust token discharged by one among the third-party specialized comes.

There are plentiful advantages from using Crypt-ON platform

Once victimization the name token (Trust-token), displaying the trust rating/reputation of every participant can solve the problem of trust and improve the quality/safety of on-line transactions.

Associate degree freelance go-between system can make sure the security of transactions through the utilization of mechanically generated smart-contracts. No off-chain and trust "on the word" – the code is that the law.

The low platform fees and also the combination of assorted services inside one platform can contribute to the expansion of the P2P transactions range, and increase the turnover of cryptocurrencies and also the use of blockchain technology by representatives of assorted businesses, entrepreneurs, freelancers and novice crypto-enthusiasts.

Volatility risks square measure reduced by victimization the stablecoin within the system of transactions created victimization the platform services.

For More Information About Crypt-ON:
Website: https://crypt-on.io
Whitepaper: http://1hfdwieyua7mr71aub70vbjfbk7gjkylmuoq_x2fx5ly/
ANN Thread: https://bitcointalk.org/index.php?topic=3530713
Telegram: https://t.me/CryptON_ICO

Author by: Hellokitty6

https://bitcointalk.org/index.php?action=profile;u=1081064