Today I decided to write an article about an interesting project called TAGZ Exchange. This is a very promising and promising project of the newest trading platform that will basically use blockchain technology.
TAGZ Exchange is a fully licensed Australian AML/CTF Compliant Austrac Regulated Dual Gateway Exchange for Crypto assets and it is registered with the Australian Securities and Investment Commission (ASIC).
The Financial Market
The financial market has experienced several ups and downs, ranging from stock market expansion to online industry metamorphosis, major economic meltdown and what-have-you not. In some years back, the world was shocked with the breakdown of the world’s economy. Enthusiasts were quick to blame the breakdown on major banking institutions while market participants were just left to face their fates and strive again. This first major breakdown of the world’s currency was attributed not to carelessness of the major banking institutions but on the failure of the system to embrace the digital age in keeping financial records and lack of transparency of record cataloguing.
Blockchain technology with its transparency is the only way forward for fair and fair trade in the world of finance. Blockchain allows you to decentralize the exchange of digital data between participants using the following registration functions that record all transactions. The process is fully transparent throughout the transaction and is fully traceable, irreversible and unchanged. The network guarantees the authenticity and authenticity of each transaction, and fraudulent activity is quickly leveled.
The blockchain technology also revolutionized the entire financial and online market; giving a fair, automated and transparent financial experience without the hurdles of the hitherto centralized institutions. By the way, a blockchain can serve as "an open, distributed ledger that can record transactions between two parties resourcefully and in a verifiable and permanent way.
What is TAGZ Exchange?
TAGZ Exchange is the fully licensed Australian AML/CTF Compliant Austrac Regulated Dual Gateway multi asset digital cryptocurrency exchange platform that will cater a regular crypto exchange. Now we know that there's a lot of exchanges already swarming around the globe and I would like to outline and elaborate why this project can outperformed those leading exchanges on the market.
How do you know this project is worth following and not just an ICO cash grab?
By doing your own due diligence and DYOR ( Do your own research) The team will run with an impressive ICO later and just purely focus on the development of their platform. You can learn by watching the video on front page of their website as introduction. TAGZ VIDEO
The ICO details will start on May 20, 2019. Information like soft cap, hard cap, allocation of tokens for the crowdsale are fully disclosed. $1.1m for Softcap and $7.5m for Hardcap. Also, the company already have reserved funds which is good for startup and building the platform.
The TAGZ Exchange platform will provide access to a wide range of assets for trading to ordinary users, as well as launch its own token. Tagz will use peer-to-peer platforms for work. Tagz platform token will be very versatile and has a number of advantages. First of all, the TAGZ token is a cash token that is needed for transactions with a wide and diverse range of assets on the trading platform.
Tagz Exchange recognizes the potential of Blockchain to transform the global trading system and, as a result, created an offer and a product that not only fills a huge void in the FinTech space, but, most importantly, puts the interests of its investors and customers above all.
What TAGZ implies to be
Be the leading platform for trading multiple financial assets based on blockchain technology.
Become the leading exchanges for traditional companies to raise funds from the public crypto.
Become the most cost-effective platform to facilitate investment banking services with reduce consultation fees.
Becomes the biggest trading liquidity hub consisting of Token holders, the interests of TAGZ holders.
Become the top 5 crypto-assets based on market capitalization.
where the ICO information is warmly discussed and has the potential for huge investment gains through author analysis and discussion with some ICO observers. It is common knowledge that the global economy is recovering and finding ways to bounce back. When we turn back to the past years backward, the world economy is gradually fading as the stock market loses a lot of investors 'funds due to factors such as traders' fraud, lack of transparency to investors, lack of security in investor funds. implanted. Actually the cause is very simple, but it is able to shake the psychology of the investors until they finally run and move on to other things. This time has emerged a digital currency that provides an answer to investor anxiety about security, transparency, stability which is known as TAGZ cryptocurrency
As a trader, one thing should an exchange offer is a good platform with lots of features that if not unique is bold enough to cater every traders and investors need. Some exchange from start of ICO promise too many stuff but the output delibrately changes once their platform goes LIVE. But knowing this project I doubt they will be like that
What are the Features and functions of TAGZ?
What does this mean? The fees for market makers and takers are zero which will be depend on the TAGZ balance or membership tokens. They also put this kind of incentive in a more wide options so the users will benefit from it. Based on fee Structure, the higher the tiered membership comparison the lower the fees will be deducted from your portfolio in doing transaction, masternode activation, and proof of staking.
This feature will totally make you feel comfortable knowing that the exchanger you are using are fully comply with the rules set by the Australian legislative standard AML ( Anti- Money laundering ) and CTF ( Counter Terrorism Financing). Ofcourse, KYC procedure and verification is in place to avoid fraud and scam activities on the exchange.
In terms of latency, I think the bitcoin and ethereum are already been slacking about their TPS. But with TAGZ highly scalable modular architecture which can accomodate million of transactions per second, can make a good progress. Various API types and modules also integrated to make sure considerable through put and a very low lantency that make their platform smooth.
Ofcourse TAGZ will integrate third-party cold storage to ensure safety of the funds being transacted and process in the platform. A regular external audit also help monitored unusual transactions occurred and potential for hoax and illegal activity.
TAGZ Token is a token that allows you to carry out transactions with a wide range of assets in the platform, and at the time use them as a means of exchange and storage of valuables that can become more valuable in accordance with the growth of users and the increased use of the trading platform.
In Conclusion,, As a platform built on Blockchain technology, the developers of the platform are working to create a system that will be secure and transparent in is dealings in the asset trading industry. When launched the platform will give opportunity for different stocks and commodities to be exchanged online through the platform in an efficient, proficient and community-driven modus.
Due to the fact that Tagz Exchange is running on the blockchain and has its own TAGZ token, the platform will become one of the most transparent trading platforms. All transactions will be monitored and will be recorded on the blockchain. All platform activities will be accountable and visible to users.
For more information
ANN Thread https://bitcointalk.org/index.php?topic=5124779
Username : erwin_ibrahim
Bitcointalk profile link : https://bitcointalk.org/index.php?action=profile;u=1061924
Telegram : @erwinibrahim
Ethereum : 0x347A7A7dB223A23774375EFfB6b6e96c5Ac64C1c