As we all know, Finance is one of the most (if not the most) important sector of this current world economy and always been a topic in every international meet-ups. Finance is an important sector, yes, but it is vulnerable and has loophole. Was that an issue? No! The issue was the reason behind vulnerability, and that was—the distribution of financial data is sometimes not on-point, and somehow biased based on only the providers' view. Yes, transparency does exist but almost not. There's a very thick—mirror—wall between the data and the consumers. From the current situations, and problems, BitScreener came up.
What is BitScreener?
BitScreener is a finance-focused unified platform of cryptocurrency and stock tracker powered by blockchain, created under Ethereum Network. It will integrates data of separated spaces of stock and cryptocurrency into a single platform—yes, in just a single platform—allowing traders and investors to track their investments across the domains seamlessly. BitScreener also aims at tracking 2000+ cryptos, 100,000+ stocks and thousands of other equities around the globe in real-time for its community.
According to them, the team, there's a lot of problem to solve in Finance Sector, not just the biased information issue. There's also...
a.)
Problem: Unfair share distribution, where the contributors treated like s/he didn't contribute at all. The current system is not for the people, but on a single centralized provider.
BitScreener's Solution: Writers and researchers can contribute new content to the system. Once published, the newly generated content is transparently evaluated by the community for rewards.
b.)
Problem: Stagnant financial information, where most of the existing financial data systems have not matched with the readers’ needs. The data is not on a real-time basis and as a result, users misses their opportunities
due to time delay, high cost, and data inconsistency.
BitScreener's Solution: Transparency. BitScreener aims to develop an app that is transparent enough for the readers by building a financial data via charts, tables, or news from a data vendor and control their own content by looking at high quality news.
c)
Problem: Disconnected financial world: crypto vs. stock. The cryptocurrency data and the stock, is not as unified as what is looks like. Each crypto or stock is presented by its quotation, charts, news, and analysis. Always on a different platform.
BitScreener's Solution: They are designed to tackle those challenges. It blends the fundamental financial data into the community-generated content. It marries the cryptocurreny domain with the traditional equity world. And, more importantly, it guarantees the profit-sharing by putting the benefits of the BitScreener community as the highest priority, where both content creators and viewers are rewarded for their contributions.
What could be the rewards?
As a contributor, every high quality data and content you shares, you will earn points. The points will then be converted into an Ethereum-based BitScreener tokens (BITX) that can be held in an Ethereum Wallet like MyEtherWallet or MetaMask. In addition, the points or tokens can be used to unlock advanced features in the platform that would usually be purchased with fiat money.
Is there an app already?
Yes, on Android and IOS. As a matter of fact, BitScreener Android App Hits 5000+ Downloads after 3 Weeks of Launch.
On Android, here's the link: https://play.google.com/store/apps/details?id=com.bitscreener.cryptotracker&referrer=utm_source=tokensale&utm_medium=promo
On IOS, here's the link: https://itunes.apple.com/app/apple-store/id1240849311?pt=118164113&ct=tokensaleweb&mt=8
For more information about BitScreener, you can just visit the every links below, especially the whitepaper.
Website: http://www.bitscreener.com/
WhitePaper: http://bit.ly/bitscreener_whitepaper
Telegram Group: https://t.me/bitscreener
Facebook: https://www.facebook.com/bitscreenercom
Twitter: https://twitter.com/bitscreener
Medium: https://medium.com/@BitScreener
