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Friday, January 18, 2019

BRIDGEX NETWORK - A Decentralised Financial Ecosystem


Welcome my friends to the exciting new Project today and let's see their great idea:


What is BridgeX Network ?

The BridgeX Network is a financial ecosystem framework, built on a proprietory technology core, that bridges the worlds of cryptocurrencies and fiat.

We provide decentralised credit, conversion and payment solutions between crypto and fiat currencies, allowing unprecedented interoperability. These create a unifying platform for both fintech-blockchain and traditional financial companies to participate in this new economy.

By allowing third-party distributed apps (DApps) to integrate, we truly unlock the exponential power of the BridgeX Network; partners can offer innovative services to solve real-world financial needs of the network’s international user base.

THE BRIDGEX NETWORK

The BridgeX Network is the framework for a financial ecosystem of decentralized credit, conversion and payment solutions, enabling fully-decentralized crypto-to-crypto collateralized lending and borrowing, crypto-to-fiat currency conversions and cross-border payments.

The BridgeX Network will comprise of three main components:

• BridgeX Core
• BridgeX Platform: BRIDGELoan, BRIDGEConvert & BRIDGESend
• Third Party Integrators: DApps/ Apps/ Service Providers

Our goal is to have the BridgeX Network power a vast ecosystem of decentralised and off-chain crypto financial services that will effectively democratise access to credit and bridge the divided worlds of crypto and fiat.



PROBLEM

2 Historically Divided Systems:
Cryptocurrencies vs. Fiat

ACCESS TO CREDIT
Cryptocurrencies are an unrecognized asset class.
Cryptocurrency holders are unable to leverage on crypto as collateral.

ACCESS TO FIAT
Lack of interoperability between systems.
Cumbersome & expensive to make international payments.

BridgeX Core
Technologies Powering the BridgeX Network

Our core technologies comprise of cutting-edge smart contracts built atop the Ethereum blockchain – an on-chain loan matching service, on-chain loan tracking service and an oracle that collects off-chain data for the loan contracts – and an integrated cash management module providing off-chain solutions for crypto-to-fiat conversions and cross-border payments.

BridgeX Platform

As the first proof-of-concept for this new financial ecosystem, our DApp/Apps will demonstrate the power of the BridgeX Network at its integrated best, delivering three compelling and synergistic cash management solutions within a single platform, while providing third-party financial services or DApp developers with an understanding of the multitude of possibilities going forward.

DApp BRIDGELoan



Blockchain-based crypto-to-crypto loans in a decentralised peer-to-peer marketplace that securely and seamlessly matches borrowers and lenders.

BRIDGEPay



BRIDGEPay is a powerful conversion and payments engine allowing for a) loans originating in the blockchain space to be localized in fiat, or b) its independent deployment as a comprehensive end-to-end cash management solution for users’ blockchain asset portfolios.

Apps BRIDGEConvert and BRIDGESend work seamlessly together in BRIDGEPay to provide crypto-to-fiat conversions and cross-border payment solutions.

THE BXN TOKEN


The BridgeX Network will utilise the BXN token – an ERC20 token.


TOKEN DISTRIBUTION


BridgeX Network Tokens (BXN)

Total No. of Tokens: 1 Billion
Hard Cap:18,000 ETH 
Token Sale: 300,000,000 
Token Price: 0.00006 ETH

Use of Funds



Roadmap

Q1 2018
Idea Formulation 
Development Core: BRIDGEPay

Q2 2018
Partnerships and Community 
BRIDGEPay: Integration to fiat liquidity and payment providers 
Development Core: SMARTBridge

Q3 2018
Global Roadshow 
Core BRIDGEPay: Integration to KYC service provider and KYC system implementation 
Development App: BRIDGEConvert 
Development App: BRIDGESend

Q4 2018
Core BRIDGEPAY: Testnet 
Development DApp: BRIDGELoan

Q1 2019
Core BRIDGEPay: Mainnet 
Apps: BRIDGEConvert & BRIDGESend Launch 
Core SMARTBridge: Testnet

Q2 2019
Core SMARTBridge: Mainnet 
DApp: BRIDGELoan Launch 
Collateralised Loans: ERC-20 Tokens 
Lending Assets: ETH & BXN

Q3 2019
Development Platform: Lending API & Dev Tools 
Third Party Integration 
Community Voting: Non-ERC-20 Collateralised Loans

Q4 2019
Launch of BridgeX Foundation

TEAM







For more information, please visit the following link:




My Bitcointalk Username : bitcampaign
Eth Address : 0x2eFA5E262f957ecAF1a4Ec8bb12E8AE91F93aEca

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