Jumat, 25 Januari 2019

BridgeX Network - Project Review

We will provide Article to present the “ BridgeX Network” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.
The hope of joining the This project is very big for us, before you join it will be better if you understand the project besides it will add to your insight and improve information for you especially understanding the project’s vision and mission so that it adds to your trust in.
The BridgeX Network is a financial ecosystem framework, built on a proprietory technology core, that bridges the worlds of cryptocurrencies and fiat.
We provide decentralised credit, conversion and payment solutions between crypto and fiat currencies, allowing unprecedented interoperability. These create a unifying platform for both fintech-blockchain and traditional financial companies to participate in this new economy.
By allowing third-party distributed apps (DApps) to integrate, we truly unlock the exponential power of the BridgeX Network; partners can offer innovative services to solve real-world financial needs of the network’s international user base.
The BridgeX Network is the framework for a financial ecosystem of decentralized credit, conversion and payment solutions, enabling fully-decentralized crypto-to-crypto collateralized lending and borrowing, crypto-to-fiat currency conversions and cross-border payments.
The BridgeX Network will comprise of three main components:
01. BridgeX Core
02. BridgeX Platform
03. Third Party Integrators

01. BridgeX Core

Technologies Powering the BridgeX Network
Our core technologies comprise of cutting-edge smart contracts built atop the Ethereum blockchain — an on-chain loan matching service, on-chain loan tracking service and an oracle that collects off-chain data for the loan contracts — and an integrated cash management module providing off-chain solutions for crypto-to-fiat conversions and cross-border payments.
02. BridgeX Platform
As the first proof-of-concept for this new financial ecosystem, our DApp/Apps will demonstrate the power of the BridgeX Network at its integrated best, delivering three compelling and synergistic cash management solutions within a single platform, while providing third-party financial services or DApp developers with an understanding of the multitude of possibilities going forward.
DApp BRIDGELoan
Blockchain-based crypto-to-crypto loans in a decentralised peer-to-peer marketplace that securely and seamlessly matches borrowers and lenders.
BRIDGEPay
BRIDGEPay is a powerful conversion and payments engine allowing for a) loans originating in the blockchain space to be localized in fiat, or b) its independent deployment as a comprehensive end-to-end cash management solution for users’ blockchain asset portfolios.
Apps BRIDGEConvert and BRIDGESend work seamlessly together in BRIDGEPay to provide crypto-to-fiat conversions and cross-border payment solutions.
03. Third Party Integrators
DApps/ Apps/ Service Providers
The BridgeX Network will unite the crypto community-at-large, the full spectrum of financial services players in the blockchain industry and traditional financial institutions/ services looking to enter and participate in this new world economy.
Any third party integrator or DApp developer can leverage on BridgeX Core to offer new services on their existing platform or create DApps/ Apps on the network that solve real-world financial needs.
How They Work Together

THE BXN TOKEN
The BridgeX Network will utilise the BXN token — an ERC20 token
TOKEN SALE AND DISTRIBUTION

ROADMAP

Q1 2018
Idea Formulation
Development Core: BRIDGEPay
Q2 2018
Partnerships and Community
BRIDGEPay: Integration to fiat liquidity and payment providers
Development Core: SMARTBridge
Q3 2018
Global Roadshow
Core BRIDGEPay: Integration to KYC service provider and KYC system implementation
Development App: BRIDGEConvert
Development App: BRIDGESend
Q4 2018
Core BRIDGEPAY: Testnet
Development DApp: BRIDGELoan
Q4 2019
Launch of BridgeX Foundation
Q3 2019
Development Platform: Lending API & Dev Tools
Third Party Integration
Community Voting: Non-ERC-20 Collateralised Loans
Q2 2019
Core SMARTBridge: Mainnet
DApp: BRIDGELoan Launch
Collateralised Loans: ERC-20 Tokens
Lending Assets: ETH & BXN
Q1 2019
Core BRIDGEPay: Mainnet
Apps: BRIDGEConvert & BRIDGESend Launch
Core SMARTBridge: Testnet

PARTNERS

For More Information you can visit Link Bellow:

Author : Letty sits

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