Bitquence (BQX) is now Ethos (ETHOS). Say hello to the future of social finance.
Very fresh new logo and nice redesigned website.
The first step to exploit all the potential of the Eidoo fintech services is the KYC verification.
Know your customer (KYC) is the process of a business identifying and verifying the identity of its clients to avoid anti-money laundering and illegal activities.
KYC processes are also employed by worldwide companies to ensure their proposed agents, consultants, or distributors are anti-bribery compliant. Financial institutions are increasingly demanding that customers provide detailed anti-corruption due diligence information.
After this process, if you follow the steps required to provide all the needed info, you will have the possibility to receive your new Eidoo-branded debit card to convert US dollar, Euro, CHF, and cryptocurrencies too; this all works within the same mobile (and later desktop) application.
After receiving all the needed authorizations, you will be able to leverage all the fiat currency-related services including the Eidoo Debit Card and a personal IBAN, so to use Eidoo as your bank.
This Eidoo Debit Card will be available in the second quarter of 2018, as you can read in our official roadmap here.
Eidoo aims at obtaining all the authorizations needed in Switzerland (FINMA) but also in the whole Europe and America to offer this service worldwide.
Eidoo also plans to open several branches in London and Singapore in the next few years, in addition to the one already existing in Chiasso, Switzerland.
More specific details about the Eidoo-branded debit card can be found on the Technology Whitepaper here.
Eidoo will integrate an ICO Engine within the mobile wallet app.
This means that users will be able to participate and join an ICO by directly using their smartphone or tablet.
ICO Engine is an automatic system to participate in Initial Coin Offerings based on the Ethereum Blockchain, and it works through the creation of a smart contract previously authorized by the user.
This way, ICOs will be managed directly from the wallet.
Eidoo is a blockchain-to-human interface simplifying the interaction between the blockchain and its users.
The purpose of Eidoo is not only to accomplish things that others do not, but to do it in a different way, through a safer and simpler method, maintaining a special focus on the user experience and enabling the complexity of the crypto world to be more understandable.
We want to make only one application, extremely easy to use, and bring the crypto world to the end user; a bridge towards worlds that at this time, as a user experience, are not so close to one another.
The challenge of this project is also to give a common home to technologies whose communities (e.g. Bitcoin and Ethereum) have trouble cooperating due to different visions, creating a tool that manages different technologies through a unique user experience.
Eidoo is the integrator that brings together technologies and services that today already exist, additional ones only imaginable at this moment, and others that we cannot even conceive.
The same vision of an easy to use, secure wallet for blockchain-based smart assets, will embody:
Facing an ever dynamic world, both in technology and application user-friendliness, no good solutions that exist can last forever. Through a methodological approach Eidoo will continue to improve both technology and user experience.
The ICONOMI Digital Assets Management Platform is where DAA managers and investors meet. DAA managers try out their winning digital assets management strategies and share them with the community. Investors choose between various DAAs and invest their digital assets into those they find most promising. Good performance builds the DAA manager’s reputation and attracts new investors, who get access to proven expertise and results in return.
Investors can choose from a range of Digital Asset Arrays™, searching by performance, market cap, and other technical parameters.
ICONOMI is a group of talented teammates with a variety of expertise and knowledge. Constantly working in an atmosphere of consideration, experimentation, and creation, strong values and relations are even more important to us. Since progress is never neither swift nor easy, we support a sense of togetherness and diversity of perspectives.
Bitquence is a people-powered cryptocurrency services company that is creating a Universal Wallet that lets you instantly diversify value across multiple crypto assets. Furthermore, Bitquence is issuing a token that has unique proof-of-stake community consensus features for risk and quality profiles and will form the backbone of the digital liquidity network, a global payments system that links fiat and crypto assets.
Bitquence offers a single place for users to buy and interact with cryptocurrencies simply and easily. Bitquence simplifies using cryptocurrencies without losing the financial power and freedom that they offer. They are trying to make it as simple as possible.
Bitquence is building a method of staking BQX tokens against risk and quality profiles helping newer users navigate the market. Furthermore, a portion of the fees from the Bitquence platform will be used to reward users making accurate predictions in community consensus.
How is Bitquence different from Iconomi and ShapeShift Prism?
Iconomi is a pioneer, and is focusing on helping institutional money manage digital asset arrays. Shapeshift’s new Prism service is trying to make a market in asset allocation, eg there needs to be an opposite prism for a buyer and seller to make a match.
The Bitquence team also has deep mobile expertise, and is working hard on making Bitquence is mobile friendly.
Our goal at Bitquence is low fees, liquidity and transparency. Our one-click diversification feature will not require a buyer or seller, but rather be part of a managed user portfolio. This is part of a larger vision to create a universal digital liquidity network based on the Bitquence token which makes the crypto market far more accessible to new users.
Bitquence will roll out features of the platform as they are ready. First step is to roll out proof of stake and work towards building a regulatory and consumer protection model that will allow the release of subsequent features such as the universal wallet and one-click diversification.
Described as being a “multi-year project and vision” by its founders, Bitquence aims to go market by the end of 2017 with the Bitquence wallet, Cold storage, Proof of Stake and portfolio diversification. Next year plans are slated to initiate the liquidity network, value transfer and fiat gateway.