Our service is different from competitors that offer for example plastic crypto cards or wallets services.
We create not only services for end customers, but also an ecosystem for connecting exchanges, payment services, banks, offering their services, and using the opportunity to place their bids.
At the same time, all participants in the system are identified by KYC and conduct transactions in the legal field.
Customer benefits: mobile application, a plastic card with binding to any crypto currency, the ability to safely store crypto currency, fast and cheap money transfers.
The benefits of partners (fintech services) will receive a stream of orders, and if the partner wants to increase this flow - it reduces the commission, which allows the partner to get more customers.
As a result, everyone wins, both users of the system and financial services.
First of all you, as a potential client and investor. Under this link, you can learn more about the benefits and opportunities that the ecosystem participants receive.
On the question of who are your competitors? we will respond simply. We do not have competitors, we have partners.
What about your technology? Tell me, pls, a bit
The usage of the micro-service architecture (MSA) gives the opportunity of using different
technological stacks needed for the tasks of a particular micro-service. The main technological
stacks that we use include Java languages (for the business logic), C ++ (for high-loaded
channels), Go (for working with allocated environments), besides, we are also planning to use
such programming languages as PHP, Ruby-on -Rails and Javascript.
The user interface is formed using the HTML5 stack and the ReactJS framework. For mobile
apps, Java (for Android) and ObjectiveC (for iOS) are used. For desktop apps and integration
with blockchain, C ++ and Java are used, for Windows - C #. For the database, open source
databases are used. In future, the source code will be placed in GitHub. The complete Continuous Integration-
Testing-Deployment chain is configured for the immediate release.
Escrow accounts, what u can tell me about it?
Escrow accounts allow to make protected transactions between two or more parties with the
independent confirmation from the agent ensuring compliance with the terms of the
transaction. CRYPTOCEAN acts simultaneously as an intermediary agent that guarantees the
fulfillment of the terms of the transaction, and as a payment system that provides funds
transfers. The service is provided together with partners - banks and payment systems.
Within the framework of the service, it is envisaged to carry out traditional bilateral transactions
on the exchange of the cryptocurrency or the exchange of the cryptocurrency for the non-cash
fiat money. The service guarantees that upon completion of the transaction, both parties will
exchange funds, or receive their funds back, if one of the parties fails to comply with the terms
of the transaction.
The presence of partner banks in the chain makes it possible to conduct more complex
transactions in which cash in the fiat, bank cells, shares, precious metal bars and any other types
of assets with which partner banks operate can be involved.
Tell me about your's convertation for Cryptowallet/cards, please.
The conversion of any of the TOP-100 main cryptocurrencies is carried out for. The automatic
trading on crypto-exchanges provides getting the most favorable exchange rate and minimal
commission for its users. Conversion can be carried out as a separate transaction - at the user's
request, instantly while performing other transactions within the CRYPTOCEAN platform, for
example, in the process of paying for goods or services.
The user can specify either a certain cryptocurrency or a wallet from which the funds for
conversion will be withdrawn, as well as the group of cryptocurrencies, priorities, limits and
withdrawal strategy. For example, first – to use up one cryptocurrency, then to switch to
another, or to write off gradually in predetermined proportions).
When converting the fiat into cryptocurrencies and the cryptocurrency to the fiat, partner
banks are involved. It is from their accounts that the fiat funds are received and credited. Both
sides act in compliance with KYC & AML procedures occurs in accordance with the
requirements of the legislation of those jurisdictions in which they operate.
When is the release of the first version of a fully functioning ecosystem planned?