Due to the rapid Industrialization and continuous advancement in technology, there has been a significant increase in the volume of trade in the international trade system. It is estimated that the annual value of international trade of goods is worth trillions of dollars.
Traditionally, the banking system serves as a third party in financial transactions, such that buyers and sellers can make exchanges of goods and services, irrespective of their location in the world, without the need of worrying about the validity of the transaction. This system has been faulted with delay, exorbitant service fee and risk of fraudulent activities
EPHIPANY
Epiphany is a trading platform built on blockchain technology. It was established to assist in the development of economic growth through a transparent, secure and compliant global trading network of digital assets. Its trading platform incorporates smart contract network feature to provide a transparent and reliable trading platform. Unlike another trading platform (centralized trading platforms) where investors have difficulty in trading effectively, it offers investors an opportunity to trade on its platform without a third party controlling the transaction process.
BENEFITS TO TRADERS
Apart from the fact that epiphany enhances global trading activities by offering a reliable and convenient means of trading. It also helps new traders gain ground by showing them how to get maximum profit. Through quant trading, traders will have the opportunity to get real-time prices on all platforms incorporated on the epiphany network. Also, they will be able to identify available goods and calculate the probable profit they can get on them
SUPERIORITY OF EPHIPANY OVER EXISTING TRADE PLATFORM
Secure:
The trading platform is designed in such a way that it guarantees the security of users asset by performing risk control before, during and after the trade
Absolutely Reliable:
The adoption of smart contract ensures fraudulent activities are not carried out on its trading platforms. More so, the integration of AML (Anti Money Laundering) and KYC (Know Your Customer) models provides an instant identification of every investor that desires to make use of its wallet
Settlement service:
The use of epiphany for cross-platform and fiat currency exchange settlements speeds up the settlement process for involved trading parties.
Intelligence
It adopts Super AI and core database for information traceability, data mining, and analysis. This gives investors the privilege to predict future market trends of the digital asset. It accurately detects system loopholes hence, preventing hackers from accessing user’s information and digital asset
REVENUE STREAM
As a decentralized trading platform, the proposed source of revenue for sustained operations are:
Service charge for trade
Users are required to pay 0.2% of the transaction carried out on the trading platform
Service charge for withdrawal:
There is an amount affixed for withdrawing digital asset from the platform. The charges vary based on the value of digital asset been withdrawn
Listing of the asset on the platform:
Licensed investors are charged for a listing of assets on the exchange platform
Maintenance fee:
These are values charged for making use of the epiphany trading platform.
Team
Road Map
Webpage: https://alpha.bounty0x.io/bounties/epnex.io
Website: https://epnex.io/
Medium: https://medium.com/@epnex
Reddit: https://www.reddit.com/r/EPNex/
Twitter: https://twitter.com/EPNex
Facebook: https://www.facebook.com/EPNex.io/
LinkedIn: https://www.linkedin.com/company/epnex/
White paper: https://epnex.io/static/Epiphany%20Whitepaper.pdf
Epiphany Imagery: https://docs.google.com/presentation/d/17UFrr1G8uWVWPor26kG_r1GAt9NCHzKHeVfstrfQLDM/edit?usp=sharing
Author’s profile bountyOx username: bl3zzy