trade.io and Civic partner up to provide a new way of identity verification

Civic will provide their blockchain-based id verification technology for the benefit of trade.io users
19 December 2017   669

trade.io, a cryptocurrency exchange with a very successful ongoing ICO, announced the plans for partnering with Civic – a blockchain-driven identity verification service. Civic is a pioneer in this field and boasts that their services reduce the overall cost of Know Your Client (KYC) requirement.

This is a step in right direction, because trade.io presents the only available cryptocurrency liquidity pool with 50% of the daily revenue designated to participants' payout. And utilizing Civic's services in this case will allow to qualify the clients for exchange and liquidity pool a lot faster, cheaper and, most important, in compliance with the law, so there wouldn't be any unpleasant surprises from the legal side of things.

trade.io CEO Jim Preissler commented on the partnership in question. He pointed out that the main problem in the world of finance is not only getting people to trade fast, but also to make the whole process AML-compliant without disrupting the trade and ease of access to the platform. Also the scalability of the service is crucial to continuous and growing ecosystem like trade.io.

As for the ICO, trade.io has already managed to collect more than 9500 investors, who contributed over $19 million to the creation of the first blockchain-based trading and exchange platform.

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Top-3 Ongoing ICO 8th - 14th July Acc. to Our Readers

Let’s check which ongoing ICOs from 8th to 14th July are considered the best among our readers
16 July 2018   131

Our readers are dedicated cryptocurrency enthusiasts and fans of blockchain technology. We provide them with the ability to express their opinion regularly. Let’s check top three upcoming ICO according to our readers.

1. i-chain 

Insurance platform and ecosystem, which will transform world insurance industry. Platform which the will automate insurance business, which will run over blockchain to ensure transparency, which will be provided for free. I-chain will ease barriers for new players to tap the insurance market; it will allow insurance companies to significantly cut their costs and get access to new customers; it will allow consumers to get tailored insurance products at lower prices. Insurance companies will be able to develop and sell their own insurance products on the platform, saving a big chunk of operational costs by using the built-in functionality. Micro-businesses will be able to provide tailored services, such as a call center in a specific language or expertise in certain areas, and many more. Individuals will be able to provide small services as insurance brokers or emergency commissioners, and many others. Global and Independent software developers will be able to offer their applications and services to insurance companies on the platform’s internal marketplace, similar to the AppStore. Together, this will make insurance more affordable and fair and will stimulate the growth of the USD$4+ trillion global insurance market. Project has got positive feedback in media.

There's no info on the raised funds.

2. Smart City Eco 

Smart City Eco is targeting all mayor global economy industries, we want to provide smart solutions based on blockchain technology and target most lucrative. Tapping into global markets and multi-trilion dolars industry. Our platform will be solution for all mayor players in global online economy: Online-Shopping and E-Commerce worldwide is worth trilions of dollars, online gaming and gambling industry is a bilions of dollars industry, online gaming which has unlimited potencial, implemented in one online smart platform can bring a smart economy progress and development of new technology on top of it. On top of that add economy into the equation and you will create utopia for online consumers, with limited number of tokens, that can not be printed anymore on top of it and by number of tokens decreasing by burning the part of extra tokens, we have created solution for few of the worlds most prominent problems that is money, poverty, inequality in society. Help us join our journey.

There's no info on the raised funds.

3. LipChain 

Surfers with sponsors, unofficial competitions and year-round training habitat. 60m+ worldwide surfers will be able to earn tokens by simply practicing their favorite sport, can become champions faster and contribute to cleaner oceans in the process.

LipChain ICO
LipChain ICO

There's no info on the LipChain raised fund except pic above.

We will keep our eyes on these projects. Stay tuned!