Level01 ( LVX ) – Revolutionary Derivative Exchange

in #lvx6 years ago (edited)

Sale of assets is an economic and financial transaction that consists in the transfer of assets (immobilized or negotiable) to another enterprise. In periods of economic difficulties, this allows the seller to meet the need for liquidity. The assets registered on the balance sheet of the enterprise are distributed steadily to the activities of the new enterprise. In the investor's information system, the management of securities purchase and sale transactions includes the following functions,

  • Operations in the book of orders
  • Delivery operations
  • Registration of transactions on accounts

Acquisition and sale of securities generates only one cash flow at the settlement date, which occurs depending on the markets, between 1 and 5 days after the date of negotiations. Repo implementation or securities lending is carried out through a delivery transaction with the transfer of ownership. With respect to the market, titles have changed, even if the transaction account takes into account its temporary nature. Level01 is the first decentralized stock exchange, which operates entirely on the basis of blockchain of smart contracts and crypto-currencies. It is a peer-to-peer platform that uses artificial intelligence to create trade and calculations. The Level01 system is a trading platform for the securities market, which allows users to make financial transactions on Forex. Crypto-currency, commodity, commodity exchanges on a peer-to-peer basis, thereby eliminating third parties. The platform uses special algorithms to create a reliable market and a pricing system that improves over time, thanks to the use of artificial intelligence technology. The user will have a lot of financial instruments, thanks to which even novice traders can effectively conduct transactions using the system of fair pricing and cost analysis

Level01 means making the securities market affordable for the retail consumer market. This will be done by creating a channel through which everyone can take advantage of the simple connectivity to work provided by digital currencies in a decentralized derivative market along with the transparency attributed to the blockchain technology. The Level01 team wants to create a fair, efficient field for trades, transparency will be provided by blockchain technology. The work of brokerage trading platforms was complicated by problems with the trust of users. This is especially true of small, less well-known enterprises and one of the reasons for which more stringent regulations have been adopted with respect to the industry

The Level01 platform is designed as a hybrid system with a centralized over-the-counter trade price comparison / detection mechanism; and a chain transaction comparison system with verifiable transparent market data through third-party services. As technology owns time, Level01 is constantly working on improving technology that will provide better and more integrated solutions for the platform in speed, efficiency, functional flexibility and transparency.

The trading engine performs all the coordination and execution of services for users. It receives all the trading input parameters from the client application, and dynamically organizes, processes and outputs data in real time for viewing and interaction. So it dynamically displays option contracts according to the user's parameters, and prices derived from the FairSense algorithm. To facilitate transparency and a complete settlement on a blockchain, Level01 uses a developed process to sign a contract outside the blockchain, which allows users to pre-authorize the use of tokens from their wallets

Basic parameters of the platform

Availability

The release of the Level01 platform is targeted at Android and iOS devices. In addition, it will also be possible to connect to the platform using Internet browsers

Transparency

Level01 means fully automated control, which is carried out with the help of blocking technology. In addition, any transactional records will be open for viewing, which is the guarantor of the transparency of all actions carried out on
the platform

Availability of hosting

Platform users can use the services of posting information on the server, paying them with tokens. The owner of the trading floor will receive hosting commissions from the investment pool

Security

All user profiles are authentic and can be changed, because they are saved in the blockchain

International trade

The Level01 platform intends to support options for exchanging contracts for external ecosystems or social networking platforms, such as forums, Facebook, Twitter, that allow external participants to match option contracts while outside the platform

Wallet app

The platform will have integrated wallet functions that allow sending and receiving LVX tokens, as well as viewing transaction records directly in the blockchain

Trading history

The history of trades is kept for each participant of the platform, which allows them to track their own trading behavior and the effectiveness of a method with subsequent adjustments

Fair pricing

The use of informative data obtained from global interbank markets, helps to improve the consistency of ongoing transactions and liquidity of the platform

Use of AI technology

The platform uses computer training to analyze and monitor templates of trade intentions and helps to directly compare peer-to-peer trade through ongoing transactions

Trial trade

Another interesting feature - users can have a demo account, which can be replenished with the help of trading demo points. This method allows investors to easily conduct research on their strategies, without risking losing their actual amount of funds

Liquidity API

The API will be available to other platforms and brokerage companies for access to the Level01 exchange, ensuring greater liquidity and balancing of the order book

The Conclusion

Using the advantages of artificial intelligence, the project team creates a convenient peer-to-peer derivative exchange, which evaluates objects based on history and verified statistics. The integrity of the system is impeccable and reliably protected from unauthorized access, thanks to blockchain technology. The project has a strong team, which will soon show the alpha version of the product - a mobile application for active and ongoing work. I did not find direct competitors to this project, the idea is interesting and will definitely be used by traders in the future

More information on the project ( LVX ) please visit their website listed below:

 WEBSITE: https://level01.io/

 WHITEPAPER: https://level01.io/wp-content/uploads/2018/06/level01_whitepaper_final1-2.pdf

 ANN THREAD: https://bitcointalk.org/index.php?topic=4499211

 TELEGRAM: https://t.me/level01ico

 FACEBOOK: https://www.facebook.com/level01platform

 TWITTER: https://twitter.com/level01io

Author: Dulaj Dilshan

Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2053287

Telegram username: @sachindu15

Thank You!

Sort:  

Congratulations @dulaj15! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Support SteemitBoard's project! Vote for its witness and get one more award!

This project has incredible goals and plans for the future and a very well-known team that inspires confidence, in general I am sure that the project is good and I invite you to join. Great project! good luck! and I enjoy watching the news! It looks a special project