INGOT COIN | Review Part 3

Ecosystem Overview

Creating an unprecedented, a firstof-its-kind revolutionary ecosystem based on blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs.

This will construct a new pathway between the crypto and the current traditional market participants, enabling them to diversify their portfolio in an efficient and secure manner.

The blockchain technology created back in 2008 has been the infrastructure at the core of the decentralized era. The blockchain really is a public ledger of stored information/data that cannot be altered and is managed by a peer to peer network. Created along with the first cryptocurrency, which is bitcoin, the blockchain has led a series of decentralized innovations to a lot of industries in the world. Gone are the days when people have to go through long processes, verification and lengthy waiting times before money can be transferred across borders, blockchain has made this possible.

The development and implementation of smart contracts have revolutionized a lot of industries as decentralized platforms can now be created with blockchain solutions aimed at solving their problems in a more economical, efficient, and rewarding manner.

Ingot Coin is a decentralized ecosystem aimed at bridging the gap between the crypto market and the traditional and financial markets. This platform will solve the different issues of the existing markets while also promoting trusts . In my previous article HERE, I have stated the 6 major components of this ecosystem and in this particular piece I will be shedding more light on what they offer.

INGOT COIN Wallet

IC Wallet is a decentralized cryptocurrency wallet which is based on the blockchain and encrypted using cryptographic technology. This wallet has been developed to allow for safe storage, transfer and receiving of cryptocurrencies and fiat.

That is not all however, the IC ecosystem consist of a digital bank and an exchange. The exchange as well as the digital bank requires easy access and management of funds. The IC wallet makes this possible. Through the IC wallet cryptocurrency funds can be easily managed and fiats can easily be deposited into the digital bank for proper management.

This is a multi currency wallet with a lot of amazing features, all of which have been stated in the IC project whitepaper.

INGOT COIN Exchange

The IC ecosystem is a largely interwoven and interconnected ecosystem and no component typifies this better than the IC exchange. The IC exchange is connected to the IC wallet, IC ICO accelerator, IC brokerage and the IC digital bank.

This is not the typical cryptocurrency of financial exchange as it allows its users to trade interchangeably between any markets of their choosing. With IC exchange, traders can now trade between the following trading pairs:

1. Fiat VS Fiat

2. Crypto VS Fiat

3. Crypto VS Crypto

4. Crypto VS Traditional

5. Traditional VS Fiat

Unlike the present systems where the crypto market lacks liquidity and a feasible exit strategy that works, cryptocurrency traders who needs to liquefy their holdings can now trade their cryptocurrencies directly for fiat on the same exchange in which they trade for other crypto pairs, also they can now purchase traditional commodities on the traditional market in a open and easy to use platform, unlike the present way of things where there are high entry barriers into the traditional markets.

The IC exchange is also integrated with a lot of other ground-breaking features that will ensure a better user experience for the traders. some of this features includes an inventive order matching system, and a liquid order book.