Today i will be introducing to you a project called lcx, what is lcx? Lcx in a layman’s description is a blockchain bank, with the goal of creating a new financial world.
LCX’s goal is to become one of the world’s first licensed and supervised blockchain banks seamlessly blending traditional and crypto assets.
There has been an ongoing dispute and comparison between both assets but lcx is here to exceptionally Blend both assets.
Lcx is a new category of bank the first of its kind, ensuring security and transparency while creating a technology driven and customer centric client experience. With full concentration on crypto asset while offering traditional banking services.
Lcx products
Lcx will be offering the following products.
lcx terminal: the lcx terminal serves as a digital desk for cross platform crypto trading, lcx already has an integrated interface of other top 10 crypto exchanges such as Binance, kucoin and others for a smooth and unified crypto trading experience.
Lcx bank:
lcx bank will be offering transaction banking for companies and individuals, with the aim of offering unbeatable value, flexibility and transaction speed with its efficient cryptocurrency payment combination, With lcx multi currency account setup and its hybrid approach its is quite possible and easy to manage both both fiat and crypto on a single interface, lcx banking system will have lots of unique features, that’s will enable it operate as a tech company and not just a bank.
Lcx exchange:
lcx will also be launching its own cryptocurrency exchange, which will be built on a scalable infrastructure with high performance and security, lcx will be listing other digital assets on its exchange.
Lcx exchange will also consist of an advanced trading tools and portfolio management feature, this is definitely an exchange to lookout for.
Lcx assets:
Lcx will offer asset management across fiat and crypto assets, issuing different tokenized financial assets and offering security token emissions.
Furthermore LCX will lead the emission of security token offerings and may issue several tokenized financial assets.
LCX has partnered with established banking and auditing partners to address the shortcomings of existing financial products. LCX is developing its own crypto asset backing method, as well as a highly secure and transparent operational process.
Lcx vault:
LCX is partnering with the leading crypto custodian company, Ledger, LCX is already using a customized custodian solution and will be implementing the system for LCX’sclients as well.
Ledger is the market leader in secure hardware for storing crypto assets, LCX has decided to work closely with Ledger and implement their institutional-grade custodian solution.
Lcx protocol:
lastly the lcx protocol a decentralized compliance protocol, to standardize the way security tokens will be issued and traded on the blockchain, lcx might be working with other leading blockchain companies to achieve this.
Other information about the lcx system partnerships and roadmap and be found in the lcx whitepaper and website
