We have developed the solution that provides the missing link, that can fight abrupt market drops, inflation and the negative effect they create for users. The solution is that money you have saved will be worth the same amount in 10 years as it is today. The opportunity is in how much more money is and will be worth, when you keep it at arm’s length from inflation and speculation. The approach to this is systematic and driven by unique portfolio risk management financial technology. It has been proven in a real production environment. It enables the creation of a safe, hyper-liquid and secure foundation for an instrument like a cryptocurrency. For this solution to be available to 3,5 billion people this principle is applied as a cryptocurrency model on blockchain technology.
All in all, the business idea of the project includes creating and producing a stable cryptocurrency backed by traditional fiat currency reserves and creating the ultimate solution for global payments. The diversification and 100% backing of the reserves creates safety and the strong foundation necessary for a cryptocurrency, while our fintech technology is continuously working to find the best exchange rates for the elements in the reserve in order to preserve value over longer periods of time. The technology driving the portfolio is ARM AI (Automatic Reserve Management Artificial Intelligence), developed by ioNectar and is described in the technology whitepaper (http://bit.ly/2shdOZs). We named this product the X8currency.
X8C currency token
X8currency consists of the top 8 global currencies plus physical gold reserve. When an investor wants to buy this product, he can buy it with fiat currencies or with cryptocurrencies. When our system receives an incoming transaction, it uses its own technology to automatically diversify the amount of the payment into proportions of EUR, USD, JPY, GBP, CAD, AUD, CHF, NZD and gold – the X8currency basket. This money becomes a part of the reserves. The system also diversifies the reserves across up to 8 different brokers and banks using Financial Information Exchange Protocol. The result is that of maximum possible risk diversification.