30 Jun 2018

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AllStocks ICO Review - The Future of Global Markets

ALLSTOCKS Network is a distributed global stock exchange platform which aims to interface with all major stock exchanges and stock brokers around the world. It also allows the trading of crypto tokens backed by real financial assets. The network will create a decentralized system, which will allow all stakeholders to trade with its ERC20 standard compatible token. These backing assets will be held in an escrow account. Moreover, the network will allow users trade in financial assets (such as currencies and bonds) on Blockchain technology.




Furthermore, ALLSTOCKS Network will expose generic API interface, giving developers greater capacity to develop their tools and apps for investing, hedging and carrying out transactions using ALLSTOCKS tokens. Well, decentralized organizations that are exposed to cryptocurrency can safeguard their funding through stable assets. While the network will enable investors manage diverse investment portfolios, it will also enable companies issue capitals with ease and flexibility.

Blockchain Technology is an open, decentralized technology that is used to record and store transactions using digital blocks. The blocks in Blockchain technology represent a publicly distributed database. Moreover, each block in the chain is a computer code containing such information as transaction history, certificate of authenticity, certificate of ownership, contracts, financial transactions just to mention a few. Also, the blocks in the database connection to each other using digital chains. Blockchain technology gets bigger every day because more and more information is added. 

It was invented in 2008 by Satoshi Nakamoto but implemented later in 2009. One of the fantastic inventions Blockchain technology has powered cryptocurrency or digital money. Examples of cryptocurrency are Bitcoin, Ripple, Ether, etc. With cryptocurrencies, monetary transfers happen at the drop of a hat, and it is a tamper-proof network. As a consequence, to date, there has never been any reported case of eavesdroppers hacking into the network. Some of the other features of Blockchain technology include peer-to-peer connection of nodes, cryptographically enabled security, consensus mechanism, transparency, and data immutability.



Basic Information 

Token
AST
PreICO Price
1 AST = 0.0016 ETH
Price
1 AST = 0.002 ETH
MVP/Prototype
Available
Platform
Ethereum
Accepting
ETH
Minimum investment
50 AST
Hard cap
20,000,000 USD
Country
Israel
Whitelist/KYC
Whitelist


Whitepaper                   Click Here For reading Their Whitepaper
Website                         Click Here For Visit Website Official

Ann Thread                   Click Here For getting Information Update
Telegram                       Click Here To Join Telegram Official



Cryptocurrency Exchanges

The cryptocurrency exchanges will play a critical role as they provide users with digital wallets and fiat currency accounts in their local currencies. Well, these services aid users to buy, transmit and sell such cryptocurrencies as well as provide the needed framework for users to convert cryptocurrencies to fiat currencies and vice versa. So, the exchanges are useful system architecture that must be factored in.
Public Blockchain: Much as it remains ill-advised to depend on public blockchain because of its limitations and challenges (already discussed), a secure public blockchain.


Buy AllStocks Token

A Real asset in the real world backs this special issued token,, it can be stock, bond, future or any other tradable asset. AllStocks will hold this asset in a trusted, transparent, open and regulated manner. The token value will always be matched to real asset value as it can be liquefied at any time.


Trade your backed Tokens

All issued tokens are compatible with ERC20 standard, which means you can trade it anywhere and anytime on all Crypto Exchanges. You can invest in other AllStocks backed token and build your perfect portfolio. Cutting down all middleman fees and broker/banks payments.




Money Market Instruments

ALLSTOCKS has been enhanced to offer stable low-yield assets. Investors will be able to purchase tokens tethered to US Treasury Bills. When it is done, the implication is that dividends and interests will keep accruing until real financial assets mature. Dividends and interests, if present, will be given to current CTT holder as fiat CTT. The effort made in developing ALLSTOCKS is a continuous one, so in the future, more financial institutions will be incorporated into the network, and financial instruments will be enhanced to support the newly added financial institutions.


Regulation 

Any on-chain transaction that is used to denote an off-chain transfer of ownership must be managed accordingly and will also satisfy both local and foreign regulations. Suffice it to say that the fundamental regulatory algorithms should be formulated to ensure proper oversight and governance. Also, all transactions must meet the KYC/AML requirements.

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