A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, DINNGO is revolutionizing the way we trade digital currencies.STARTER INFORMATION
"The number of cryptocurrencies and exchange platforms are increasing each year. Currently, there are 190 exchanges, compared to 70 exchanges three years ago, on 15 March, 2015. Demand to buy and sell is also growing as the number of cryptocurrencies and trading platforms increase.
There are currently 1,568 different cryptocurrencies available, as at 21 March, 2018. This breaks down to 654 tokens and 914 coins. It all started with bitcoin, which was first released on January 9, 2009, and various versions launched in the following years. The first experiments in altcoins started happening in 2011 with Namecoin, iXcoin, SolidCoin and others being developed and released. Litecoin followed soon after in the same year.”
With that being said, The cold wallet of DINNGO integrates seamlessly with the DINNGO exchange, providing the secure, fast and convenient asset trading service the market needs.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is DINNGO?
As depicted above, DINNGO is the first exchange to enable simple two-step verification with the mobile device and cold wallet. DINNGO is a hybrid digital currency exchange that utilizes a decentralized approach to enable users the ability to hold their assets individually.
Decentralization is the essence behind blockchain technology. Blockchain is a decentralized, distributed and public digital ledger used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network.
In addition, this mobile digital currency exchange is the future for cryptocurrency exchange which ensures complete security of the client. Improving the exchange system, as well as the formation of unique tools, allows the ecosystem to offer completely new solutions to improve comfort and safety in exchange operations. DINNGO creates quick solutions with a smart transaction negotiation mechanism, allowing users to optimize asset allocation in a safe, convenient and efficient environment.
In case you are a little hazy about what a cold wallet is all about, stay tuned and read further!
Cold wallets, additionally referred to as hardware wallets, are small gadgets that every so often hook up with the internet to execute transactions. They are distinctly secure because they typically perform offline. As a end result, they're now not hackable. However, these offline devices presently require a variety of more steps to connect to an exchange.
Brief History: Background as indicated by the official whitepaper of DINNGO
DINNGO was established in 2015 in the San Francisco Bay area, used to be a mobile payment platform focusing on college students’ daily expenditures. DINNGO was a payment app that turned the simple act of tagging into payments. By uploading a photo and tagging friends in-app, expenses and bills are then split amongst those tagged, allowing group activities to stay fun, minus the pain of figuring out shared costs.
With the experience in the mobile payment industry and the integration of financial systems, DINNGO is familiar with traditional banking systems and regulators, especially the struggles with the old and centralized banking structure. Hence, DINNGO transforms into a digital currency platform, aiming at handling digital asset smartly and transparently leveraging blockchain technology. With the background of mobile payment practice, and the new team members with blockchain expertise, DINNGO is fully prepared to be the digital currency exchange of the era.
Challenges and Solutions Offered by DINNGO
Among the repeated hacking episodes that have destroyed both centralized and decentralized exchanges, the DINNGO hybrid exchange introduces a measure that will change the state of crypto-trading for the better. Trading digital cryptocurrency is always a risk, as traders spend countless hours connecting autonomous wallets to make sure their wallet is safe and free from hackers. This proves once again that decentralized exchanges are in no way useful or effective. The new solution will allow users to safely trade cryptocurrencies on their exchanges without fear of hacking.
The Features of DINNGO
Freely design your very own interface at your need.
Free From Hacking
No greater single point of failure,the essence of decentralization.
No unnecessary rate wastes on-chain.
No More Middle Men
Your own asset is below your personal manipulate.
Compliance is the floor of the platform for lengthy-term carrier.
24/7 Customer Support
Dedicated supporting group is usually ready.
The Advantages of Using The DINNGO Platform
It can be said that in the digital currency world, centralized platforms have tried to take the role as banks. However, centralized exchanges often become the primary target of hackers. In 2017, there were many exchanges being hacked, which caused massive asset lost. Unfortunately, there is no universal law for cryptocurrency. As a result, users would lose all their money.
Different from all centralized platforms, DINNGO is a hybrid digital currency exchange which utilizes a decentralized approach to enable users the ability to hold their assets individually. Taking advantages of blockchain technology, all the transactions will be recorded and cannot be altered without the alteration of all subsequent blocks and the collusion of the network. This type of system is very hard to attack or manipulate, which significantly lowers the risk of being hacked.
Moreover, by offering a medium between offline storage and users via in – depth integration with cold wallets, DINNGO can help to reduce the risk and increase security level of personal digital currency.
Normally, for people using decentralized exchanges, it is not easy to teach them how to keep their assets safely. It often requires complicated connections and settings. Besides, decentralized exchanges will need autonomous matching between buyers and sellers, which takes much time to find a trader agreeing to the transaction condition. It is clear that exchanges on the market share a common dilemma in choosing between security or user experience. However DINNGO can solve this problem by creating an exchange that is neither centralized nor decentralized. Apart from letting their users hold their assets and ensure safety through decentralized approach, they have created deep integration with cold wallet and smart transaction matching engine. Besides, they have also provided a customized trading interface for users often using a centralized design.
In a survey conducted by DINNGO recently, most users expressed they needed better user experience and customer support. Whenever people submit a service request form, it often takes them a few weeks. Understanding this problem, DINNGO invests more resources in customer service than all its peers to ensure that all users can enjoy the highest quality of service. Moreover, DINNGO team will conduct weekly reviews to examine the quality of their service to make adjustments promptly.
Despite the fact that digital exchanges are becoming more and more popular, few companies actively cooperate with local governments to carry out compliance operations. Different from others, DINNGO will begin compliance operations on the first day of opening the exchange as well as actively participate in discussions on regulations and relevant rules. At the same, the team will also focus on relevant information in other countries to protect the rights of DINNGO users across various countries.
International market support
Because of globalization, DINNGO’s website interface and customer service staff will be offering in many languages such as English, Chinese, Japanese and Korean, etc. Their aim is to prepare all materials in the target language before entering a new market so that their users can use their native language when troubleshooting or finding information.
Token and ICO Details
DGO token is a utility token which supports the DINNGO ecosystem. Holders will not only enjoy a 50% discount on transaction fees but receive numerous exclusive benefits.
Token Name: Dinngo Token
Token Symbol: DGO
Token Type: ERC-20
Token Price: 1 DGO = 0.00047
Total Supply: 200,000,000 DGO
Available for Sale: 100,000,000 DGO
Soft cap: 4,000 ETH
Hard cap: 40,000 ETH
ICO accepted currency: BTC (private sale), ETH (public sale + private sale)
Minimum/maximum purchase limit: 0.1 ETH/no limit
MEET THE AMAZING TEAM
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
Website : https://dinngo.co/
Whitepaper : https://about.dinngo.co/whitepaper
ANN Thread : https://bitcointalk.org/index.php?topic=4948105.0
Telegram : https://t.me/DINNGO
Facebook : https://www.facebook.com/dinngohq
Twitter : https://twitter.com/dinngohq
Medium : https://medium.com/dinngo-exchange
LinkedIn : https://www.linkedin.com/company/dinngo/
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
My Ethereum Address: 0x76CC93E01A6D810a1C11bBC1054C37CB395F14C8
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.