Ingot Coin

ABOUT INGOT COIN ( Website : https://www.ingotcoin.io/ )

INGOT Coin aims to Create an unprecedented, a first-of-its-kind revolutionary ecosystem based on blockchain technology that will link newly developed crypto markets with the currently existing financial markets eliminating inefficiencies, while providing a one-stop ecosystem that enables participants to perform and execute transactions according to their financial needs.

The IC Ecosystem will be based on the blockchain technology and will utilize Smart Contracts to facilitate the execution of different contracts, while eradicating the need for intermediaries and external interferences that restrict investors from fully engaging in all markets. By adopting blockchain, we are creating a specialized ecosystem that will substantially increase customers’ confidence, market liquidity and -most importantly- provide efficient market pricing and access to funds for all variety of stakeholders.

The IC Ecosystem will transform trades, settlements and payments and make them instant, bringing together different necessary components and cutting out third party intermediaries who usually delay the process and increase associated costs.

INGOT Legacy

INGOT seeks to be a pioneer in the financial industry providing innovative techniques and solutions to link global markets with global market participants. Being in the financial market since 1993, INGOT Group witnessed firsthand multiple inefficiencies over the years. As technology progressed, the global markets and their efficiency progressed along, providing investors with more opportunities. INGOT continuously works on providing all stakeholders an evergrowing broad range of innovative products and services globally, thus allowing it to gain sufficient expertise to link this knowledge to the new blockchain environment and create an all-inclusive and self-serving Ecosystem.

INGOT Group provides through its entity INGOT Brokers, a wide variety of products and services which includes ETFs, international shares and indices, commodities, metals, energies, as well as currencies. Since its establishment, INGOT has been providing the newest and most up-to-date financial products.

INGOT introduced the concept of short selling the Middle East and North Africa (MENA) shares and Indices to provide all investors with opportunities otherwise unavailable in local exchanges, hence allowing exclusive diversified risk management techniques. This innovative idea of trading came after extensive hard work done by INGOT’s dedicated team, all of whom strive to find new solutions to help traders optimize their portfolios through offering different alternative investment methods. As a response to the increasing demand and opportunities in the MENA region, INGOT Group founded Sigma Investments in Amman, Jordan.

As a financial advisory firm, Sigma Investments provided comprehensive consultancy services to many entrepreneurs and start-up firms, such as 8X8, and reveal naturals. INGOT Group also took on the initiative to create the first ever commodity exchange in Egypt, Egycomex, by working hand in hand with the Egyptian government to make the commodity markets more efficient and increase the productivity of small farmers by providing them with a transparent price discovery mechanism. INGOT Group has also established a digital technology solutions firm called dreamtechs which serves clients internationally and helps them establish digital solutions for their firms, from the creation of websites to mobile applications.

INGOT Group additionally serves as a member of Global Alliance Partners (GAP), which is an international network of regulated financial services companies that focuses on the mid capital market. GAP’s international reach gives its member firms greater clout and a wider platform to conduct investment banking, wealth and fund management, broking, and other financial services across international markets.

Transparency, Data Availability & High Liquidity

The Ecosystem will increase transparency by making all trades available on a decentralized ledger. This ledger will be available to all potential stakeholders. Data vending will be available to the public, as it will include a journal for all trades, investors, volumes and extensive data of all transactions within the Ecosystem.

Availability of information provides a basis for local and foreign investors to access the market with higher confidence thus creating trust in the IC community. As for the current liquidity landscape in crypto markets it is evident that it is disintegrated and frequently moving across exchanges. Major exchanges offer diverse crypto pairs without singular of any token or pair and offer divergent prices based on liquidity.

Thus, preferred prices for a token might shift from one exchange to another creating inefficiency as well as opportunity, on the other hand, exchanges act as separate “liquidity pools”. Each pool has liquidity in certain tokens but lacks it in others. The pools are only accessible to each pool’s clients. Separately, each market’s liquidity remains small, but collectively, along with the IC Liquidity Pool, they represent a large and diverse source of liquidity that ensures efficiency in the crypto market. IC will link exchanges under one highly beneficial platform through APIs. Liquidity is key to the success of the platform and IC’s plan includes several aspects aiming to ensure accessibility to liquidity pools in association with the world’s largest cryptocurrency exchanges.

Under the IC Platform, a global network of cryptocurrency exchanges will be accessible to all participants. Providing access to all the major reputable and liquid exchanges worldwide, IC Platform will provide an unparalleled set of services to a diverse group of investors and token Issuers. IC aims to provide access to all the opportunities brought by the crypto economy revolution to investors and users all around the world. The IC Platform will be managed and operated by INGOT Coin, a registered company established and licensed under Estonian laws.

Integrated Wallet & Fund Management

IC wallet is an encrypted blockchain based cryptocurrency wallet. The IC Exchange software is integrated with the multi-currency wallet system. Wallet funds are protected via cryptography as well as a multi-signature cold storage which guards market participants’ funds from any external access. All cryptocurrency funds will be automatically managed through the IC Wallet interface. Fiat funds such as Euro or US Dollar can be deposited in the IC Bank and managed manually by the IC Exchange operator or automated through the implementation of payment processing features through the IC Digital Bank interface.

Maximum Security – Website : https://www.ingotcoin.io/

Multiple layers of security prevent any hacking attempt and ensure that funds always remain safe. The first layer is established through utilizing multiple independent servers. The IC Exchange software is bridged with the IC wallet where all crypto funds will be stored. Recordkeeping procedures will be another layer with continuous reconciliation to prevent hacking from occurring, while maintaining compliance with major regulatory bodies. The client’s assets are further protected by using the IC Digital Bank account to store the fiat currency, and the IC Brokerage account to store the traditional assets. The IC Wallet application will also include a custom dashboard that portrays the total value of all the different assets allocated in the IC Bank (fiat account balances), IC Brokerage (Stocks and commodities portfolios), and cryptocurrency balances.

IC Wallet users who trade crypto against crypto can transfer their assets between IC wallets safely and smoothly on the blockchain through a set of procedures that will verify all legal requirements such as, KYC, AML and multi signature. Crypto traders will be able to trade traditional assets with other individuals (P2P) or through IC Brokerage from markets like NYSE, NASDAQ, CME, etc. As IC Wallets and order requests are entered by the user on IC Exchange, the order matching software will match all the buyers and sellers together depending on the best bid and the best ask orders in order to ensure that the execution of the trade occurs with the best available market price and in an efficient timely manner as the IC Exchange will have an IC Liquidity pool as well as API connections to the top exchanges which will be accessible to all investors.

IC Wallet holders who are wishing to exchange any type of crypto to any type of their preferred fiat currency, are able to do so through requesting the order from the IC Exchange’s platform which will release the order and once completed, directly deposit the fiat fund into the users’ IC Bank. As users enter their wallet address and their trading orders if they are trading crypto/traditional asset pairs, the IC Exchange order book will match the best bid and the best ask orders and connect the users together to complete the transaction, once the order is filled the software will complete the swap and deposit the funds and assets in their respective destination.

The IC Digital Bank is fully integrated and cohesive with the IC Wallet, IC Exchange and IC Brokerage to guarantee the quick and safe movement of funds between clients’ bank accounts. Traditional assets are stored in the IC Brokerage account, fiat will be stored in the IC Bank and cryptocurrencies will be stored in the IC Wallet.

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