It is common knowledge in the cryptocurrency world that there is a considerable amount of value held in various coins and tokens that are on blockchains. It is also common knowledge that there are more than 1,500 different cryptocurrencies on the market. This can create a problem if a user of one cryptocurrency wants to send a payment to someone who only uses another cryptocurrency. As such, it can limit people to prefer only using big-name cryptocurrencies, since it’s more likely that they’ll be accepted.
Let’s get a little more specific. Most everyone has heard of Bitcoin and Ethereum, right? But what about MonaCoin or Elastos? Chances are, you haven’t heard of those cryptocurrencies, since they’re not as popular as Bitcoin or Ethereum are. From this, you might assume that MonaCoin and Elastos are difficult to spend, since there are fewer people who use them — which is why you might accept Bitcoin for payment, but not necessarily MonaCoin.
Hold that thought for a second, though. Most everyone has heard of US dollars and Euros, right? But what about Peruvian sol, or Moldovan leu? Chances are that you haven’t heard of these currencies either — since they’re not as popular as US dollars and Euros are. But does that mean that they are difficult to use? Absolutely not. There are 180 currencies around the world that are recognized by the United Nations. They all coexist with one another thanks to cross-platform protocols such as SWIFT, which allow for different currencies and different banking systems to smoothly transact with each other. This means that if you wanted to send US dollars to somebody in Peru, you could do it — since the banking infrastructure is in place to accommodate cross-border transactions.This is aslo the essence of SwiftDex
What Is SwiftDex?
SwiftDex is a decentralized global blockchain system that is focused on placing all blockchain opportunities on one platform which is unique as no one in the market is extensively working on anything like this. Our focus will be based on the 3 most sought after services and solutions in the form of a Trading Exchange, CryptoCommerce Marketplace and the “in demand”
Crypto Solution platform. Many of these services are available in the market but as standalone solutions, example there are many trading exchanges available. The biggest problem with all the major exchanges is that it is not easy to get a new coin listed on the exchange. Swiftdex Exchange will change this by allowing New Coin entries on to the exchange making SwiftDex the home of new coin trading and investing.
Apart from the trading exchange there will be an easy to use CryptoCommerce Marketplace where people will be able to buy and sell items in exchnage for cryptocurrencies and 3rdly a platform that is already available to the public in the form of an all you need blockchain solution lab.
SWIFTDEX SERVICES
Our services are broken down into three sections:
Decentralized Trading Exchange
SwiftDex Trading Exchange is not your regular run of the mill exchange and will not be affected by the volatility of the big crypto coin markets as the exchange will focus on listing of new coins. ICO’s and new coin holders will have their coins listed for trading on the SwiftDex Exchange
while traders and investors will be able to purchase these new coins at its cheapest as it will still be in its infancy. As these coins grow in stature and the project behind the coin picks up momentum the value of the coin would increase dramatically making the Swiftdex Exchange an attractive platform for the ever growing number of blockchain investors and traders.
Problem Each day there are many ICO’s launched and millions of coins/tokens are purchased. Most of these ICO companies do not manage to get there coins/tokens listed on exchanges making it useless to the buyers of these coins/tokens during the ICO stage. Solution As swiftDex Exchange will be listing New Coins on a regular basis,Companies holding ICO’s will be able to have their coins listed and tradable on our platform.This would solve a major concern many ICO Token buyers have.SwiftDex CryptoCommerce MarketPlace
Our marketplace will allow users from around the world to buy/sell anything in exchange for cryptocurrency.
It is made to help people buy and sell products for crypto so that they can acquire coins without having to invest their fiat money.
Benefit to the buyer
–Able to purchase goods from anywhere in the world cheaper and faster as there will be no bank delays and the normal FIAT charges for overseas payments. You will now be able to purchase your goods with cryptocurrency making the purchase instant.
Benefit to the seller
–List items to sell and receive crypto payments instantly.No more delays, No more waiting for payments to clear.
SwiftDex Solution Lab
Our solution Lab is a complete revolution and is a one of its kind service where we will offer companies or individuals a comprehensive blockchain solution.
The characteristics of this platform include ICO turnkey solutions,Mobile App solutions and development of exchange services. With Blockchain technologies taking the world by storm more and more companies are looking to adopt blockchain technology either in the form of launching an ICO to raise funds for their projects or by implementing blockchain solutions to the current business model. Our team of highly skilled developers and blockchain experts will be able to develop turnkey solution.
Our Mission
We at SwiftDex aim to make it easier for everyone to be part of the blockchain ecosystem. We want to make it easier for the upcoming and new ICO projects by driving them a stable ground where they can kick start their business.
We want to create a marketplace where cryptocurrencies can be exchanged for everyday items and our turnkey solution platform will change the dynamics of the blockchain world by developing new blockchain solutions
SwiftDex Token (SWIFD)-
SWIFD is an ERC20 token with its primary purpose is to serve as a trading currency on the SwiftDex platform. It will be competing against all other cryptocurrencies on the SwiftDex Exchange. It will be used on the SwiftDex CryptoCommerce marketplace to make trades and also to hire any turnkey ICO or Blockchain service
For more information please visit:
Website: https://swiftdex.co
Whitepaper: https://swiftdex.co/wp-content/uploads/2018/04/SwiftDexWhitepaper.pdf
Twitter: https://twitter.com/swift_dex
Facebook: https://www.facebook.com/SwiftDexICO
Reddit: https://www.reddit.com/u/swiftdex
Official Telegram Channel: http://t.me/swiftdex
Youtube: https://www.youtube.com/channel/UCfIzTcDFiLjEeMsPIlaUUXg
Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=1925101
DISCLAIMER:This post was brought to you by Opeyemi being my personal project on Swift campaign project
