Thursday, May 17, 2018

ZUFLO: Decentralised Trading and Financing Platform Built On the Ethereum Blockchain

Cryptocurrency is the tool for change in the world filled with the intermediaries and third parties. It enables direct connectivity between the two parties. As the world of trading and finance is getting used to the cryptocurrency and its implications on the people and business, it is time to look for opportunity and growth in the sector. There are endless challenges in the world of trading and finance.

Some of the challenges are as follows; account verification time on the platform is extremely slow, elevated transaction fee on the platform, lack of end to end visibility, utilization of the incompatible system, lack of fast customer support and inefficient dispute resolution. We have to find a reliable and transparent platform for the cryptocurrency trading, which integrates the world of fiat currency and existing systems. Do you think it is possible to create such platform in the near future?
Solution offered(https://zuflo.io/)
ZUFLO is building solutions for the world of cryptocurrency trading and financing. Based on the blockchain technology, it has developed a transparent platform which allows easy trading of the cryptocurrency. Spot trading, margin trading, futures and instant cryptocurrency exchange are a few of the many features of the platform. An easy mobile application is being built for the seamless consumer experience, and secure wallet is provided for the storage of cryptocurrency. Fiat currency, as well as a cryptocurrency, is allowed on the platform for the seamless trading experience.
P2P model is utilized for the delivery of various services on the platform. Another important feature of the platform is the access to the lending and financing. Ethereum Smart contract is utilized for the verification and tracking of the issued loans to the different parties on the platform. AI-based application processing and verification are performed on the platform. The credit history, loan repay capability and collateral are stored on the blockchain to provide immutability of data. Lower transaction fee, scalability, transparency, interoperability and faster transaction are a few of the many qualities of the platform.
ICO INFORMATION AND TEAM(https://zuflo.io/)
500,000,000 ZFL Tokens are created for the project, in which 40% of the tokens are reserved for the ICO. Pre ICO is currently live on the platform until 30th April 2018. The main ICO will start on 1st May 2018 and continue until 30th May 2018. 40% of the funds will be utilized for the liquidity pool while 20% of the funds will be used for the project operations. The team working on the project is experienced in the field of blockchain technology and financial services.
Conclusion
The emergence of the blockchain technology on the global map of business and life has surprised many of the traditional thinkers, who were unaware of the endless possibilities of this technology.
A user is the key driver of the platform and given the nature of development in the blockchain technology, we will see a number of remarkable applications in the future. What do you think about the different services offered by the platform? Are we ready to trade on the platform?

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