QURREX — First Hybrid CryptoCurrency Exchange
Blockchain technology is a transparent digital transaction book and records that are immune to modification or deletion. Offering additional features of increased security, cost reduction, time efficiency and error tolerance, the chain-chain grew, fluctuated in 2017. The utility of blockchain technology is unlimited, triggering an increase in the list of companies, industries and government studying its potential adoption. A block-chain is an immutable public book that records digital transactions.
Qurrex is the hydrid cryptocurency exchange integrating industrial infrastructure of traditional stock exchanges with decentralized network. Qurrex is a combination of past and present to create the future for a whole new type of trading floor. The first trading floor has that integration. Qurrex aims to brings the most professional and secure crypto exchange to the world. The platform is designed to be able to carry out an incredible 3.5 million transactions per second, placing it far ahead of its current rivals in terms of speed and efficiency.
The Qurrex ecosystem is a trading platform that’ll perform different functions — it’ll be a centralized node whose effectiveness can be compared with cutting-edge, modern exchanges; it’ll include client functionality that’ll meet the demands of the users of different stock exchanges and even FX brokers; moreover, it’ll be a complete blockchain network that’ll eliminate middlemen, provide enhanced security, and give the users aggregated liquidity coming from different network nodes.
Qurrex is successfully setting the most rigorous industry standards in the whole crypto-economy landscape. This ecosystem plans to be the first-ever universal crypto exchange that’ll be based on the most high-performance architecture that’s taken from prominent global trading portals.
Qurrex project will become a key factor in developing the crypto economy as a whole. That’s because the project will not only satisfy the needs of all the existing exchange users but also streamline new participants that aren’t represented in the crypto world.
Qurrex system is composed of three elements within a single project:
• A professional centralized crypto-exchange;
• The first-in-the-world decentralized exchange for liquidity providers consisting of thousands of mini-exchanges;
• A new generation trading terminal.
Main Advantages for the centralized part (СЕХ):
• 20% discount on commission for any trade operations for a certain time period;
• An option to pay using a token for any services, or the exchange services. At the same time, the company policy provides that tokens need to be destroyed when returned;
• QRX exchange tokens may be traded both for fiat and crypto currencies.
The implication for DEX is as follows:
• Payment facility for decentralized infrastructure (creation of confirmation nodes);
• Payment of fees for transactions conducted in the hybrid crypto-exchange network.
FEATURES OF QURREX PLATFORM
Qurrex provides Financial Openness as the lack of data brings about an absence of trust in both existing and new cryptocurrency exchanges, especially centralized ones. This will be done by
i) Quarterly reports
ii) Independent experts providing technical audits
iii) Publishing of audit results and providing users with the maximum information possible regarding the state of their account
Ensuring Fund Protection of Users —
For any cutting edge computerized venture fixing to finance, one of the main primary necessities is an abnormal state of security of user’s funds. Qurrex is providing “cold wallets” where the participants’ funds will be concentrated using multisig-wallet technology and HSM security assembly modules. Qurrex is also focusing on ensuring the security of “hot” wallets.
Forefront technologies —
Qurrex will use performance tools that will allow us to reach perform 70,000 operations per second, which is comparable to the majority of other exchange systems i.e. 40,000–100,000 transactions per second.
Formalized interaction —
Users will have to follow certain “deal-making” rules to make the transactions. This is necessary to exclude conflicts and secure 100% predictability.
Real-life money —
This platform allows almost instant fiat money withdrawal and the client support is rapid, responsive and available 24/7.
Qurrex is setting the business standard in digital money trade which it will inevitably accomplish simply following quite a while of autonomous exertion.
BENEFICIARIES OF THE QURREX PLATFORM
Qurrex has users from a wide range of categories who might be interested in instruments offered by the exchange:
Institutional players willing to participate in the crypto-market operation;
Affiliate crypto-exchanges in need of liquidity;
Traditional financial market players including Forex who are willing to have work tools to handle crypto-currencies;
Private investors including crypto-angles.
ADVANTAGES OF QURREXPLATFORM
There will be minimal risks from the involvement by third-parties.
The storage will be highly reliable.
Creation of a consensus algorithm used to carry out transactions within the contract.
It will also be achieved by coming up with an advanced technology to maintain exchange’s condition.
We will not have to worry about losing the key of our wallet which was created as part of the contract.
There will be technology to defend people against double spending.
TOKEN AND ICO DETAILS
ROADMAP AND DEVELOPMENT PERSPECTIVE
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
Qurrex has also integrated the Bancor protocol, in which QRX token holders will gain direct access to liquidity regardless of trading volume or listing of exchanges. Through the Bancor network, tokens are integrated automatically and instantly converted to other cryptocurrencies. Integrated tokens include ETH, EOS, TRX, BNT, GNO, BNB (Binance), and a few others will follow. Be a part of this tremendous project and follow these links for more information;