Topic: [ANN][ICO]Ziggurat 🔥 Ecex Exchange 🔥 Assignments Trading Platform - page 61. (Read 39941 times)
December 01, 2017, 09:43:02 AM
Today financial services sector’s electronic trading environments do not offer possibilities to trade with claims, invoices and factoring agreements(assignments, receivables). Receivables market is mostly human trading. Electronic trading platforms for receivables, like stock exchanges, do not exist. There are some entrepreneurs and startups, the trading platforms are eBay-like online invoice trading and human-backed excel-based systems. There are no direct connections to investors.
PlanetZiggurat goal is to bring assignments on Ecex.Exchange trading platform. We will fill the gap by creating a market environment, a system for an active trading platform of assignment agreements. This means changing for owners of a multitude of agreements and documents, such as claims, invoices and factoring agreements etc.
The market system will be similar to the stock market – very transparent and fast and it will allow trading claims, invoices from the moment they are being issued until the payment date. Claims, invoices will be traded until the obligations are either met or erased due to bankruptcy or natural end of the issuer. The owner of the invoice or claim can delist his right any moment (and exercise his right to realize their own requirements).
As all traders know, all markets function through leading brokerage firms and online brokerage firms. All traders want to be close to possibilities that allow them to make fast decisions and take actions directly, using market data and trading terminals. PlanetZiggurat will spread all relevant trading data to leading brokerage firms and online brokerage firms. We will make arrangements that will get the existing investor community connected to the new assignment market.
Blockchain technology can be used to verify transactions using a third party.
There are three tools planned:
1. The trading platform, exchange for claims, invoices and others subjects for assignments (all together assignments)
2. Exchange information flow through leading brokerage community. PlanetZiggurat will launch a trading platform to show and teach members and clients, https://ecex.exchange/ and https://planetziggurat.com/
3. Blockchain, especially digital signature (https://azure.microsoft.com/en-us/solutions/blockchain/)
PlanetZiggurat will start on the Estonian market due to the small size of the country as a test market and relatively high level of IT development in the country. This will allow to get a functional system up an running fast, have the system compatible with EU regulations and use a small market as a test site for further development in order to be able upscale in full range and functionality at bigger markets at the right time
The stock exchange in Estonia is very small. There are 50 000 trades per year, the depository and market systems are designed for small volumes and are relatively cheap. PlanetZiggurat knows the involved persons and companies and is planning to build its systems with the same software and legal background. http://www.nasdaqbaltic.com/market/?lang=en
PlanetZigurrat has an arrangement with an advisory company (http://bda.ee/en/) who will help to harmonize the system with legislation.
This business plan, PlanetZiggurat OÜ Ecex.Exchange Trading Platform whitepaper, attempts to fill the gap described by European Commission Directorate-General for Financial Stability, Financial Services and Capital Markets Union
“DEVELOPMENT OF SECONDARY MARKETS FOR NON-PERFORMING LOANS AND DISTRESSED ASSETS AND PROTECTION OF SECURED CREDITORS FROM BORROWERS’ DEFAULT “
https://ico.ecex.exchange/
December 01, 2017, 04:46:37 AM
First stage development
November 30, 2017, 11:46:15 AM
Percival Software Limited is our partner and main contractor.
https://ico.ecex.exchange/team-page/
SALE CONTRACT INFO https://ico.ecex.exchange/ico-details/
https://ico.ecex.exchange/team-page/
SALE CONTRACT INFO https://ico.ecex.exchange/ico-details/
November 30, 2017, 02:45:44 AM
Ecex.Exchange Trading Platform as a debtor tool
Assignment of rights under a contract is the complete transfer of the rights to receive the benefits accruing to one of the parties to that contract. For example, if Party A contracts with Party B to sell Party A's car to Party B for €100, Party A can later assign the benefits of the contract - i.e., the right to be paid $10 - to Party C. In this scenario, Party A is the obligee/assignor, Party B is an obligor, and Party C is the assignee. Such an assignment may be donative (essentially given as a gift), or it may be contractually exchanged for consideration. It is important to note, however, that Party C is not a third party beneficiary third party beneficiary, because the contract itself was not made for the purpose of benefitting Party C. When an assignment is made, the assignment always takes place after the original contract was formed. An Assignment only transfers the rights/benefits to a new owner. The obligations remain with the previous or previous owner.
Let's take the step further. Assume that Party C put the obligation on the Party B to Ecex.Exchange Trading Platform and he/she want this obligation sell and price is €50. He/She log in and put the asking price to €50 and sent the notification to other parties and the market that HE or she has assignments for sale. Let assume that Party B receives the info and he/or She make the counteroffer and put the price on Ecex.Exchange Trading Platform, let's say €40. Maybe they agree on €45.
As we see there is the great possibility to ease the situation of the debtor while allowing the parties to solve more delicate financing problems more flexibly.
The main idea here is that the debtor can always log on to the Ecex.Exchange Tradin Platform and bid on the specific claim against which he is a debtor. The creditor and the debtor are both Ecex.Exchange Tradin Platform significant customers in addition to investors who are interested in mediation.
General conditions
The Ecex.Exchange Platform is an online blockchain technology-based assignments (claim, receivables, factoring agreements, divestiture of claims etc.) exchange platform, which shall provide to the User: (i) opportunities to sell and buy assignments, claims, receivables, and mediate insurance contracts, (ii) various support services related to the selling and buying through the exchange, and give users exercise right realize their own requirements regarding claims, (iii) opportunities to ensure the safety of assignments and using Ziggurat cryptocurrency for internal payments.
The PlanetZiggurat shall grant to the User an opportunity to use the Ziggurat digital tokens
(i)to opportunities to pay partly for service to sell and buy assignments, claims, receivables, and mediate insurance contracts,
(ii) to pay partly various support services related to the selling and buying through the exchange, and give users exercise right realize their own requirements regarding claims,
(iii) Ziggurat cryptocurrency grants the right to profit from up to 20% of Ecex.Exchange Trading Platform outcome, (distribution will be in cryptocurrency, in ethereum until otherwise decided),
(iv) using Ziggurat cryptocurrency for internal payments through the Ecex.Exchange Platform,
(v)Allow traders to settle Ziggurat tokens,
(vi)PlanetZiggurat will not emit additional tokens over initial amount 531 000 000,00 ZIG,
(vii) If some services in Ecex.Exhange or another platform will burn Ziggurat tokens then it is allowed to emit additional tokes to restore maximum emission amount,
(viii) Founders and Foundation will not sell Ziggurat tokens on public markets until the end of 2018.
Only the owner of the Ziggurat digital tokens may purchase with discounts the services of the Ecex.Exchange Platform.
https://ico.ecex.exchange/
Assignment of rights under a contract is the complete transfer of the rights to receive the benefits accruing to one of the parties to that contract. For example, if Party A contracts with Party B to sell Party A's car to Party B for €100, Party A can later assign the benefits of the contract - i.e., the right to be paid $10 - to Party C. In this scenario, Party A is the obligee/assignor, Party B is an obligor, and Party C is the assignee. Such an assignment may be donative (essentially given as a gift), or it may be contractually exchanged for consideration. It is important to note, however, that Party C is not a third party beneficiary third party beneficiary, because the contract itself was not made for the purpose of benefitting Party C. When an assignment is made, the assignment always takes place after the original contract was formed. An Assignment only transfers the rights/benefits to a new owner. The obligations remain with the previous or previous owner.
Let's take the step further. Assume that Party C put the obligation on the Party B to Ecex.Exchange Trading Platform and he/she want this obligation sell and price is €50. He/She log in and put the asking price to €50 and sent the notification to other parties and the market that HE or she has assignments for sale. Let assume that Party B receives the info and he/or She make the counteroffer and put the price on Ecex.Exchange Trading Platform, let's say €40. Maybe they agree on €45.
As we see there is the great possibility to ease the situation of the debtor while allowing the parties to solve more delicate financing problems more flexibly.
The main idea here is that the debtor can always log on to the Ecex.Exchange Tradin Platform and bid on the specific claim against which he is a debtor. The creditor and the debtor are both Ecex.Exchange Tradin Platform significant customers in addition to investors who are interested in mediation.
General conditions
The Ecex.Exchange Platform is an online blockchain technology-based assignments (claim, receivables, factoring agreements, divestiture of claims etc.) exchange platform, which shall provide to the User: (i) opportunities to sell and buy assignments, claims, receivables, and mediate insurance contracts, (ii) various support services related to the selling and buying through the exchange, and give users exercise right realize their own requirements regarding claims, (iii) opportunities to ensure the safety of assignments and using Ziggurat cryptocurrency for internal payments.
The PlanetZiggurat shall grant to the User an opportunity to use the Ziggurat digital tokens
(i)to opportunities to pay partly for service to sell and buy assignments, claims, receivables, and mediate insurance contracts,
(ii) to pay partly various support services related to the selling and buying through the exchange, and give users exercise right realize their own requirements regarding claims,
(iii) Ziggurat cryptocurrency grants the right to profit from up to 20% of Ecex.Exchange Trading Platform outcome, (distribution will be in cryptocurrency, in ethereum until otherwise decided),
(iv) using Ziggurat cryptocurrency for internal payments through the Ecex.Exchange Platform,
(v)Allow traders to settle Ziggurat tokens,
(vi)PlanetZiggurat will not emit additional tokens over initial amount 531 000 000,00 ZIG,
(vii) If some services in Ecex.Exhange or another platform will burn Ziggurat tokens then it is allowed to emit additional tokes to restore maximum emission amount,
(viii) Founders and Foundation will not sell Ziggurat tokens on public markets until the end of 2018.
Only the owner of the Ziggurat digital tokens may purchase with discounts the services of the Ecex.Exchange Platform.
https://ico.ecex.exchange/
November 29, 2017, 04:03:11 PM
Ecex.Exchange and PlanetZiggurat OÜ jurisdiction https://ico.ecex.exchange/ico-details/
The Estonian legal environment favours entrepreneurship and the entrepreneurial mind-set. Foreign investors have equal rights and obligations with local entrepreneurs. All foreign investors may establish a company and conduct business in Estonia in the same way as local investors; no restrictions apply.
Estonia has concluded treaties for the protection of investments with 31 countries, including the USA, Germany, France, Finland, Sweden, Norway and Switzerland. Also, agreements for avoiding double taxation have been made with 53 countries, including the EU.
The legal system in Estonia is based on the Continental European civil law model and has been influenced by the German legal system. Unlike in common law countries, Estonia has detailed codifications and issues are solved according to those. Estonian law is basically divided into private and public law. Generally, private law consists of civil law and commercial law. The public law consists of international law, constitutional law, administrative law, criminal law, financial law and procedural law.
Estonia has a three-level court system. County, city courts, and administrative courts adjudicate matters in the first instance. The majority of courts of the first instance are situated in county centers. The courts of the second instance hear the appeals against decisions of courts of the first instance. Courts of appeal are courts of the second instance (sometimes also called circuit courts). The courts of appeal are situated in Jõhvi, Tartu and Tallinn. The Supreme Court, situated in Tartu, is the court of the highest instance.
A statement of claim is filed with the court of the first instance, an appeal to the court of the second instance and an appeal in cassation with the court of the third or the highest instance. A matter shall be heard in the Supreme Court only after all previous court instances have been passed. The filing of an appeal is governed by respective codes of court procedure.
Read more https://investinestonia.com/
The Estonian legal environment favours entrepreneurship and the entrepreneurial mind-set. Foreign investors have equal rights and obligations with local entrepreneurs. All foreign investors may establish a company and conduct business in Estonia in the same way as local investors; no restrictions apply.
Estonia has concluded treaties for the protection of investments with 31 countries, including the USA, Germany, France, Finland, Sweden, Norway and Switzerland. Also, agreements for avoiding double taxation have been made with 53 countries, including the EU.
The legal system in Estonia is based on the Continental European civil law model and has been influenced by the German legal system. Unlike in common law countries, Estonia has detailed codifications and issues are solved according to those. Estonian law is basically divided into private and public law. Generally, private law consists of civil law and commercial law. The public law consists of international law, constitutional law, administrative law, criminal law, financial law and procedural law.
Estonia has a three-level court system. County, city courts, and administrative courts adjudicate matters in the first instance. The majority of courts of the first instance are situated in county centers. The courts of the second instance hear the appeals against decisions of courts of the first instance. Courts of appeal are courts of the second instance (sometimes also called circuit courts). The courts of appeal are situated in Jõhvi, Tartu and Tallinn. The Supreme Court, situated in Tartu, is the court of the highest instance.
A statement of claim is filed with the court of the first instance, an appeal to the court of the second instance and an appeal in cassation with the court of the third or the highest instance. A matter shall be heard in the Supreme Court only after all previous court instances have been passed. The filing of an appeal is governed by respective codes of court procedure.
Read more https://investinestonia.com/
November 29, 2017, 11:23:51 AM
sounds great exciting project. secure and trust wjat are you waiting for discover and read info for this project amazing.
Thank you for the kind words
SALE CONTRACT INFO https://ico.ecex.exchange/ico-details/
November 29, 2017, 04:07:36 AM
Our main contractor the winner of the competition for the supply of the National Depository of Ukraine (NDU the Central Depository) of software for Depository services is a British company Percival Software Limited.
According to the NDU in the disclosure system NKTSBFR, the Supervisory Board of the Central Depository on November 24 authorized the head of the NDU at the conclusion the specified company of the agreement on preparatory project work (Early Start Agreement) and of the main agreement (Main Delivery Agreement).
The marginal cost of these agreements is $1.1 million At the same time, as said the Agency “Interfax-Ukraine” in a press-service of the NDU, the final amount of the contracts is calculated.
According to the NDU, in the process of evaluating proposals was also involved representatives of the National Bank of Ukraine (NBU) and the securities Commission.
NDU intends to sign an agreement on the preparatory project work until the end of 2017 . Pre-implementation stage of the project can last for about three months. In this period the supplier will assess the necessary customization (adaptation) of their product on the basis of the business processes of NDU and Ukrainian regulatory requirements. The main phase of the project is expected to start in April 2018.
According to the plans of the NDU, the new software and technological complex should start operating in 2019. It is expected that the new IT platform will be introduced in the Ukrainian practice of recordkeeping technology, used in developed European equity markets. This will allow financial institutions to operate efficiently and to develop new services for its customers.
“For integration into the European financial space working of the Depository system of the Ukrainian stock market needs to be given to the norms of the European practice of accounting of securities. One of the important stages – replacing the old software with limited functionality on flexible high-tech system that meets the requirements of the modern market,” – said the head of the NDU Mindaugas Bakas, whose words are quoted on web site of the Central securities Depository.
Percival Software Limited founded in 1986, is engaged in the development and delivery of software solutions for Central securities depositories around the world. The company since 2008, has won nine contracts for the supply of the system of Depository accounting, covering 21 countries. Among clients in recent years: the stock exchange of Iceland, Malta, Armenia, the Baltic States, the Commonwealth of the Bahamas etc.
As reported, the European Bank for reconstruction and development at the end of 2016, has attracted international consulting company Oliver Wyman as an Advisor to the National Bank of Ukraine (NBU) and the national Commission on securities and stock market (NKTSBFR) and the development of the Depository, clearing and settlement infrastructure in the country.
Oliver Wyman is an international company in management consulting. In its offices located in more than 50 cities in 26 countries, employs 3.7 million employees. Oliver Wyman is part of the group of companies Marsh & McLennan Companies.
NDU as part of a plan to upgrade the software of the system of Depository accounting of securities market in mid-July of 2017 announced the collection of proposals from suppliers of software for Depository services.
Among the key requirements: the system must cater for all common types of accounts in the Deposit account; must be provided for accounting of both domestic and foreign securities, and in interacting with foreign and international CSDs, on interaction with systems providing cash payments.
In addition, the system must support the latest formats for the exchange of information in ISO 15022, 20022 and other standards, must be provided a functionality for the accounting of government securities, maintenance of corporate events of the Issuer, the Depositary for the exchange of information with clients NDU using modern web technology or through the exchange of standardized messages.
Offers from suppliers were accepted until August 18, 2017.
As of November 27, 2017 at the service of the NDU are 216 accounts of Depository institutions, 12 of which in the state of termination of execution of Depository activities, 10,493 thousand accounts of issuers 4 trillion 181,005 billion of securities with a total nominal value of 1 trillion 697,823 billion.
http://true-news.info/the-winner-of-the-competition-for-the-supply-of-the-ndu-program-complex-became-a-british-percival/
According to the NDU in the disclosure system NKTSBFR, the Supervisory Board of the Central Depository on November 24 authorized the head of the NDU at the conclusion the specified company of the agreement on preparatory project work (Early Start Agreement) and of the main agreement (Main Delivery Agreement).
The marginal cost of these agreements is $1.1 million At the same time, as said the Agency “Interfax-Ukraine” in a press-service of the NDU, the final amount of the contracts is calculated.
According to the NDU, in the process of evaluating proposals was also involved representatives of the National Bank of Ukraine (NBU) and the securities Commission.
NDU intends to sign an agreement on the preparatory project work until the end of 2017 . Pre-implementation stage of the project can last for about three months. In this period the supplier will assess the necessary customization (adaptation) of their product on the basis of the business processes of NDU and Ukrainian regulatory requirements. The main phase of the project is expected to start in April 2018.
According to the plans of the NDU, the new software and technological complex should start operating in 2019. It is expected that the new IT platform will be introduced in the Ukrainian practice of recordkeeping technology, used in developed European equity markets. This will allow financial institutions to operate efficiently and to develop new services for its customers.
“For integration into the European financial space working of the Depository system of the Ukrainian stock market needs to be given to the norms of the European practice of accounting of securities. One of the important stages – replacing the old software with limited functionality on flexible high-tech system that meets the requirements of the modern market,” – said the head of the NDU Mindaugas Bakas, whose words are quoted on web site of the Central securities Depository.
Percival Software Limited founded in 1986, is engaged in the development and delivery of software solutions for Central securities depositories around the world. The company since 2008, has won nine contracts for the supply of the system of Depository accounting, covering 21 countries. Among clients in recent years: the stock exchange of Iceland, Malta, Armenia, the Baltic States, the Commonwealth of the Bahamas etc.
As reported, the European Bank for reconstruction and development at the end of 2016, has attracted international consulting company Oliver Wyman as an Advisor to the National Bank of Ukraine (NBU) and the national Commission on securities and stock market (NKTSBFR) and the development of the Depository, clearing and settlement infrastructure in the country.
Oliver Wyman is an international company in management consulting. In its offices located in more than 50 cities in 26 countries, employs 3.7 million employees. Oliver Wyman is part of the group of companies Marsh & McLennan Companies.
NDU as part of a plan to upgrade the software of the system of Depository accounting of securities market in mid-July of 2017 announced the collection of proposals from suppliers of software for Depository services.
Among the key requirements: the system must cater for all common types of accounts in the Deposit account; must be provided for accounting of both domestic and foreign securities, and in interacting with foreign and international CSDs, on interaction with systems providing cash payments.
In addition, the system must support the latest formats for the exchange of information in ISO 15022, 20022 and other standards, must be provided a functionality for the accounting of government securities, maintenance of corporate events of the Issuer, the Depositary for the exchange of information with clients NDU using modern web technology or through the exchange of standardized messages.
Offers from suppliers were accepted until August 18, 2017.
As of November 27, 2017 at the service of the NDU are 216 accounts of Depository institutions, 12 of which in the state of termination of execution of Depository activities, 10,493 thousand accounts of issuers 4 trillion 181,005 billion of securities with a total nominal value of 1 trillion 697,823 billion.
http://true-news.info/the-winner-of-the-competition-for-the-supply-of-the-ndu-program-complex-became-a-british-percival/
November 29, 2017, 01:13:33 AM
Onepager for sharing
https://ecex.exchange/files/EcexExchangeOnepager.pdf
SALE CONTRACT INFO https://ico.ecex.exchange/ico-details/
https://ecex.exchange/files/EcexExchangeOnepager.pdf
SALE CONTRACT INFO https://ico.ecex.exchange/ico-details/
November 28, 2017, 04:18:13 PM
November 28, 2017, 03:31:26 PM
According to the post content, I can say this project is a promising project, and I will follow it. I see you will have bounty in a few days, and I hope to translate Chinese for you, hope to get this chance, and I’m waiting for the airdrop~ 
If you are not Ziggurat token holder then please enter your ERC20 tokens compatible wallet number and we will airdrop you 5 Ziggurat (ZIG) tokens. https://ico.ecex.exchange/airdrop/ November 28, 2017, 12:47:19 PM
Indonesian NPL survey, future Ecex.Exchange market.
https://ico.ecex.exchange/indonesian-npl-survey-future-ecex-exchange-market/
https://ico.ecex.exchange/indonesian-npl-survey-future-ecex-exchange-market/
November 28, 2017, 10:51:56 AM
Good project! We invite you to our ICO list, it helps you with funding. Good luck, guys 
Thanks: https://foundico.com/ico/ecexexchange.html
If you are not Ziggurat token holder then please enter your ERC20 tokens compatible wallet number and we will airdrop you 5 Ziggurat (ZIG) tokens.https://ico.ecex.exchange/airdrop/
November 28, 2017, 03:44:59 AM
https://ico.ecex.exchange/airdrop/
Airdrop
Join Ecex.Exhange Facebook Group and get for free 25 ZIG tokens.
This is the group where you will get the firsthand information about latest best deals.
If you do not have cryptocurrency or ethereum account then we will hold your bonus on Ecex.Exhange account what we will make for you. Just send private message after joining Facebook Group
Shortlink http://bit.ly/2A1mACd
Direct Link https://www.facebook.com/groups/1960451427506357/
Airdrop
Join Ecex.Exhange Facebook Group and get for free 25 ZIG tokens.
This is the group where you will get the firsthand information about latest best deals.
If you do not have cryptocurrency or ethereum account then we will hold your bonus on Ecex.Exhange account what we will make for you. Just send private message after joining Facebook Group
Shortlink http://bit.ly/2A1mACd
Direct Link https://www.facebook.com/groups/1960451427506357/
November 28, 2017, 01:17:02 AM
This project is nice .i hope this project will sucess good luck and thank you
thank you for your support
November 27, 2017, 09:33:49 PM
This project is nice .i hope this project will sucess good luck and thank you
November 27, 2017, 03:46:37 PM
I will wait for the update for this project. hopefully there is a good thing that can make this project ICO successful.
November 27, 2017, 03:11:52 PM
Looking at the project and the composition of the team, it is a concern to me that both guys on the team has no technology or software background, how is a law going to manage project like this
Allow me to express my dissent.
I have developed the software since year 1990. From 1997 I have been part of team developing one of the best central securities depository software available in market (http://www.percival.co.uk/#/products/depend#product-content)
Also i have been CEO of hardware selling company. So so far all my computers i have assembled myself. Same applies for web server installments, if i remember correctly then first web server we had in year 1996 or 1997.
My LinkedIn profile https://www.linkedin.com/in/sven-orro-4b534a80/
So saying that i do not have technology or software background is mild understatement.
And "how is a law going to manage project like this" - think about Stock Exchange, all kind of debt related contracts etc. And now think again how will this happen without legal background ...
November 27, 2017, 02:54:41 PM
Looking at the project and the composition of the team, it is a concern to me that both guys on the team has no technology or software background, how is a law going to manage project like this
November 27, 2017, 02:52:21 PM
Ethereum is doing new records! It is much higher that in phase we prepared ICO. We are not greedy and are not robbing you but giving extra back!
https://ico.ecex.exchange/
https://ico.ecex.exchange/
November 27, 2017, 02:48:53 PM
Wow, a very good concept.
I am very fond of this project let alone the project is running in the field of exchange
I am very fond of this project let alone the project is running in the field of exchange
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