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FlashChain Will Be Listed on the Korean Funcoin Exchange on February 6th 2018

FlashChain Will Be Listed on the Korean Funcoin Exchange on February 6th 2018

Decentralised Exchange Is Needed Globally – Crazier In 2018.

Based on third generational blockchain graphene technology, FlashChain will be listed on the Korean funcoin exchange on February 6th 2018.

From the past 2017, the global center of attention without a doubt must be the price swings of Bitcoins, where price appreciated from USD970 from beginning of the year having peaked at USD20,000!

According to Coinmarketcap’s record, Bitcoin’s market capitalization traded over USD281.9 billion (successfully exceeded VISA’s market capitalization), Ethereum over USD41.4 billion, Bitcoin Cash over USD25.8 billion, IOTA over USD11.1 billion and Ripple over USD9.6 billion, total market capitalization already exceeded JP Morgan’s market capitalization from only these top five crypto currencies.

Along with the surge in Bitcoin prices, the value of Bitcoin and other crypto currencies were well recognized by investors globally; based on Bitcoin’s Decentralized core principal technology, such principal is now well accepted globally within the financial technology communities. The emergence of digital currencies exchanges and the ever increasing cash injection from all over the world into the blockchain sector, adding on various governments’ supportive policies for regional blockchain developments, all helped to create a wave of high demand for human resources as well as funds. It is without a doubt that the blockchain technology is to be the centre of future focus, not only it will disrupt traditional finance, it will also disrupt traditional regulatory measures even for central banks world wide.

The endless potential growth of the blockchain technology is attracting investors and opportunists from all over the world. One of the largest crypto exchanges Coinbase currently has more than 13.1 million registerd users!

However, certain centralized exchanges weren’t well prepared for such exponential growth of new customers, resulted in a very slow signing up verification process, in worse cases were incidents of system failures occurring, helped hackers into the those systems.

Although centralized exchanges are fast and simple, yet the core problems are the funds’ safety and platform trustworthiness (the major risk of manipulation and fraud exists). By comparison, decentralized exchanges are much safer and transparent, not required to rely on third party service in managing clients’ accounts, instead it is based on automated peer to peer connectivity trading. Such a peer to peer technology without the need of a centralized server will become a disruptive revolution.

We no longer need to trust the trading platforms, as all funds and assets are stored in users’ personal wallets, rather than held by a third party. Decentralized trading platforms better enhances its customers’ privacy, and it reduces the risk of potential server down time.  Furthermore, it bypasses many governments’ very strict cryptocurrency supervision policies, allowing its users to more comfortably trade its digital assets.

This is a extra choice for a decentralized exchange, a much more secure and valuable service, the birth of FlashChain. FlashChain and Bitcoin both adopted Distributed consensus mechanism for creating such a globalized, transparent, trustworthy and high efficiency system. FlashChain is based on third generational blockchain technology of graphene platform, supporting 100,000/second decentralized high frequency trading platform, an industrial level processing ability.

FlashChain will evolve into an ecosystem. Funds and trading orders within this ecosystem will be strengthened by this industrial strength software platform for deploying third generateon cryptographically secure decentralized ledgers (blockchain). No one may visit such information without your prior consent. FlashChain also provide to its customers guarantee and multiple signature mechanism to further enhance security.

FlashChain continues to develop blockchain based technology advancements, provides basic support to all services throughout the Internet. Be that is a bank, securities exchange, gambling, voting, music, auctions or many other sectors, one digital public ledger enable the creation of the Decentralized Autonomous Corporations (DACS), in comparing to traditional centralized method it cost much lower, provides a better quality service.

Furthermore, FlashChain trading is 24/7, no holidays, no regional limitations, total freedom to trade; it’s convenience, fast and high efficiency. Anyone from anywhere around the world may at any point in time through the internet visit FlashChain to trade. There will not be problem of a single point failure as the global technical team will be services all points to allow for smooth trades.

FlashChain has an important characteristic of a Smartcoin, similar to bitUSD, bitEUR and bitCNY, etc. For convenience sake, these assets will simply be demonstrated in USD, EUR and CNY. Such digital assets reflects their equivalent fiat currency value. For example, a 1 bitUSD in the wallet equates to USD$1, freely tradable. All the digital assets will be secured against FlashChain company’s shares in escrow, which may be liquidated at market price.

FlashChain’s decentralized digital asset exchange system is fully developed, FlashChain will list on Funcoin in Korea on 6 February 2018 as the first listing exchange, trading code FLC. The website shall synchronize with community forums globally, coming live soon. The early registered members in the FlashChain community has the chance to win gift FLC tokens.

More information may be found on FlashChain official website: http://flashchain.org

Pursue freedom may be our human nature, “Decentralization” is now a firm believe among us, such technology advance could not be fenced by anyone. Mt Gox and similar exchanges and their history indicated to us that, the centralized exchange model posses significant risk, whereas the more safer and efficient decentralized exchange would lead the future of digital asset exchanges.

2017 were called “The year of commercialization of the Blockchain Technology”, however the majority of applications are not yet commercialized, mostly still based on the blockChain technology; the year 2018 shall be a much mature year for the market to commercialize a number of such projects. If year 2017 to digital currencies were heated and cooled, then 2018 could be the rebirth of the Blockchain!

It’s predictable, that in 2018 would be a much more exciting year for the blockchains! It will be outstanding for this disruptive technology, a highly efficient financial market level processor in “FlashChain”, a truly decentralized exchange!

For more information, please visit http://flashchain.org

Media Contact
Company Name: FlashChain Pty Ltd
Contact Person: Media Relations
Email: [email protected]
Country: Korea
Website: http://flashchain.org

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