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.