Highbank

Highbank - The Next Generation One-stop Crypto Ecosystem

INTRODUCTION

In recent years, a very important phenomenon has been involved in our lives. Blockchain. Although we know him with Bitcoin, we know that there is a much more powerful technology behind him. Blockchain technology has touched many areas since it entered our lives. Entertainment, Shopping, Marketing, Social media, Music and more. Although we have introduced blockchain technology with Bitcoin, there are now more than 2000 coins on the market. And many projects are still on their way. Every day new ICOs are released and they want to join blockchain World. But in recent years, fraud is one of the major reasons why ICOs do not exist. Since the ICO market does not have a fixed bit KYC/AML process, the system can sometimes be interrupted. In addition, because of Central exchanges and central wallets, millions of dollars worth of cryptocurrency can be stolen by hackers. And this is causing serious damage to blockchain technology. Since all the information flow of Central Exchanges is stored in a single repository, as a result of the Pirates ' access to a single repository, All information is becoming an open target. In addition, exchange's own wallets are easily identified by hackers because they are not decentralized.

The Highbank project I'm about to talk about wants to focus on these problems with blockchain technology. A community for ICO projects wants to set up an analysis team, so that ICO can be released much more securely. In addition, the decentralised exchange and its own wallet to create the security of users wants to maximize. It wants to make it easier for ICOs to be supported on this transparent, secure and fast platform. Let's take a closer look at the existing problems in the market and the solutions offered by Highbank.

PROBLEMS

• Security : One of the biggest causes of fraud in ICO markets is security issues. Security deficits occur as investors or project teams have not passed the KYC/AML process. The success rate of ICOs currently on the market has dropped to almost 10%. One of the biggest reasons for this is security. Although most projects have received the necessary investment, they take their money and disappear. Because of the insecurity in blockchain, high-quality projects are not able to collect the necessary investment. In addition, there is a low likelihood of success in evaluating a project by ICO experts on the market.
• Central Information Repository  : Blockchain wanted to highlight decentralization when it first set off. But right now the exchanges in the world is using a lot of existing centralized infrastructure. Central exchanges means the stock market that collects all information in a single center. The presence of these stock exchanges makes blockchain and crypto money a threat. In addition, Central wallets, which are products of Central stock exchanges, face the same problems.
•  Privacy : The biggest problem caused by Central exchanges and wallets mentioned above is privacy and security issues. The presence of Central stock markets prevents us from using blockchain technology anonymously. All our information and personal data are becoming public. And so, one of the most important features of blockchain technology, the ability to make money anonymously disappears.
•  Failure : The biggest problem that blockchain encounters is failure when all of the reasons I mentioned above come together. Because, especially because of the problems encountered in the introduction of new ICOs to the market, the confidence in blockchain is decreasing and the number of investors is decreasing. In addition, the lack of consensus among ICO experts causes ICOs and blockchain technology to fail.

Highbank SOLUTIONS:

Highbank is aware of all the problems I have mentioned above and is taking action to correct them. Because Highbank is a great project that believes in the power of privacy and security and is designed to restore blockchain technology.

Real security : Highbank knows that ICO is the top priority for supporting and funding projects. Highbank, which brings the KYC/AML process to ICO projects, wants to maximize security in this way. Specifying that ICO projects should first pass through the customer recognition system, Highbank also wants to ensure that the projects should be examined in more detail by ICO experts and the necessary measures should be taken. In this way, the project wants to create a joint consensus and aims to make sure that we can see the future more clearly by investing seriously in blockchain technology and the future of ICOs.

Decentralized Crypto Exchange and Wallet: Recently decentralized exchanges attracts more attention. One of the biggest reasons for this is the problems experienced in Central stock markets. We wake up every morning with the news that a new stock has been hacked. When we think that almost all of the hacked stock markets are central stock markets, there is only one solution left. Using decentralized stock exchanges. Highbank wants to market its decentralized stock market, which will have a great interface with large and important coins. The biggest feature of this stock market is that information is not kept in a single repository, so it is much more protected against hacking.

It also offers users a wallet on the Highbank stock market where the coins can be traded. This wallet, also offered with a decentralized infrastructure, aims to be an easy-to-use and solution-oriented wallet that can work on both computers and mobile devices with its user-friendly interface. This wallet can also be used offline, and it will be open to some transactions without the need for a connection.

 Anonymity: When we first met with blockchain technology, the most interesting development was probably anonymity. In this way, wherever you are in the world, you could send as much money as you want, anonymously and untraceable as you want. One of the key to achieving this is to use decentralized infrastructure, just like Highbank did.

ICO Launch, Fundraising and Listing Platform: Highbank wants to help them to increase the success rate of projects from the beginning to the end. For this purpose, customers apply to Highbank and introduce their projects. From this point on, Highbank wants to help fund projects to be supported and eventually listed. Projects launched with Highbank are listed on Highbank's own decentralized Exchange, completing the final phase and successfully entering the market.

CONCLUSION

Today, many projects attempting to enter the market fail. One of the biggest reasons for this is that the platforms that will enable the processes to mature are incomplete or failed. However, the Highbank platform aims to make it a part of the system by maturing it after taking every precaution that will enable it to develop from the birth of a project. Highbank, which will support ICOs in a number of areas including advertising and marketing, investor discovery and ultimately listing the project on the stock exchange, wants to increase the success rate of ICOs as well as regain confidence in blockchain technology.

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For Further Information

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