ICO CRYPTOV8: BLOCKCHAIN-BASED FINANCIAL SERVICE PLATFORM

About Cryptov8 project

Cryptov8 is a new, decentralized platform that performs the function of cryptocurrency exchange, combining the most advanced technological developments and the popular blockchain system that has proven itself as providing complete reliability and security.

Cryptocurrency has literally revolutionized the international market as soon as it entered it, immediately attracting a lot of people, most of whom wanted to experience its advantages in practice. That is why projects based on cryptocurrency are now one of the most popular and have huge development prospects, as well as investments in the digital currency.

In general, Cryptov8 offers users convenient trading opportunities on the exchange, as well as exchanging cryptocurrency and a unique freelance platform, where employers can search for potential performers and hire them by paying for the work with such popular cryptocurrencies as Bitcoin, Ethereum, and own Cryptov8 system tokens.

Centralized networks have long been a thing of the past due to the fact that they are not very convenient to use, do not provide constant access to information from different devices, and absolutely do not guarantee the safety, the systematization of information and its security.

Decentralized Cryptov8 system is a unique market structure consisting of networks available from a variety of different technical devices. This is very convenient for both users and investors - bypassing of the centralized location allows connecting at any time and anywhere within seconds.

Thanks to the decentralized nature of the system, buyers get access to a variety of low-cost offers and the ability to instantly execute a deal with a seller without unnecessary actions, with a guarantee of safety and transparency of the process. Blockchain proved itself in many successful systems, has become the basis of the decentralized Cryptov8 system, organizing profitable exchanges between the participants.

HOW IT WORKS?

From the beginning, Cryptov8 recognized that the identification and control of customer journey as well as criteria for selecting technology and their evaluation process were made with these objectives. Cryptov8 acknowledges that for many peripheral services and especially those associated with the electronic money market and Blockchain they will need to collaborate with a range of organizations to provide the best service and best value for their customers.

Thus, open banking and the use of Applications and APIs form an important aspect of the overall solution they build. As an example, they will need to integrate with many financial institutions who can provide much more attractive solutions to business problems or customers than Cryptov8 can self support.

Their open bank collaboration and use is fully supported by the Payment Service Directive 2 (PSD2) and the UK OpenBanking Initiative. Blockchain as a technology is built using the same principles. Cryptov8 believes by adopting this technology and regulation, it will enable them to provide the best service to the market.

Cryptov8 Crypto Banking Blockchain Features

Unification Of Crypto Services
The banking platform will collaborate with relevant organizations in order to broaden the range of cryptocurrency and blockchain services it offers to its customers. It will also unify all the crypto related services under one platform.

Regulation
The cryptocurrency market is highly unregulated, which makes it very risky for users. I,t is in this regard that Cryptov8 seeks to merge UK regulatory best practices and the crypto market. The regulations will protect customers from the uncertainties and risk of the cryptocurrency market.

Decentralization
Furthermore, Cryptov8 will decentralize the money remittances, which is currently under the control of existing banks. This will be through offering customers access to the cryptocurrency market in a way that is easy, cheap or even free. It will improve the participation of customers in the cryptocurrency market by using tokens to reward their participation and by offering them discounts.

Wallet
The platform will have a cryptocurrency wallet where users could track their balances. Users with fiat currencies could analyze their wealth accumulated from savings or investments in cryptocurrencies of fiat. The banking platform integrates a cryptocurrency exchange that enables users to trade, buy, or sell cryptocurrencies.

Education Material
Users can obtain guidance as to how they can enter the crypto market from the educative materials offered by the banking platform.

According to the whitepaper, the Cryptov8 platform aims to improve the following areas of customer perception:

Convenience

Trust

Security

Cost

Reward

Acceptance

Education