Being within the money market since 1993, Ingot cluster witnessed primary multiple inefficiencies over the years. As technology progressed, the global markets and their potency progressed on, providing investors with additional opportunities. Ingot unceasingly works on providing all stakeholders associate ever-growing broad vary of innovative merchandise and services globally, so permitting it to achieve comfortable experience to link this data to the new Ingot chain environment and make associate all-encompassing and self-seeking scheme.
Current money services primarily comprise finance, investment management, commerce, and insurance. Once it involves commerce and financing, this economic system lacks in potency and transparency. The market entry complications that face investors and therefore the service fees that they area unit charged are quite substantial, that is why a number of these investors get discouraged from actively collaborating within the current market. In addition, smaller investors get unmarked in favour of larger and wealthier investors and thus, combined with the shortage of trust within the markets that exaggerated once 2008
crisis, the world money market is prevented from reaching optimum potency an oversized variety of intermediaries similar to primary banks, brokerage corporations and intermediary banks area unit sometimes concerned in commerce and finance activities, which means that prime fees area unit being subtracted from investors on multiple stages. Excessive bank and brokerage fees may be unattractive and draining for investors trying to access totally different markets.
The Ingot Coin Ecosystem can establish half-dozen totally different parts to figure hand in hand below one umbrella, providing all community members the prospect to make the most upcoming opportunities altogether markets. IC pocketbook is going to be an Ingot chain primarily based crypto pocketbook dedicated to operating as a custodian for all cryptocurrencies within the scheme. Participants are going to be ready to use the pocketbook to send, receive, and store cryptocurrencies accessible within the market with ease and security. The wallets can contain multi-signature and cold storage systems to make a secure and reliable atmosphere for all stakeholders. The pocketbook permits for transfer of tokens from and to the exchange and different wallets. Moreover, the pocketbook is going to be integrated with the IC Digital Bank, permitting users to pay with edict and settle with crypto and the other way around. IC Exchange is going to be integrated firmly with the IC pocketbook, IC Brokerage and
IC Digital Bank through an easy platform, a full fledge cryptocurrency exchange. The exchange is going to be listing major coins and recently issued ICOs to provide an entire diversified coin spectrum for market participants. The coins are going to be listed against different crypto, edict currencies and ancient financial instruments similar to ETFs, and commodities. By incorporating the IC Exchange with the opposite parts, investor’s area unit ready to take a replacement route in terms of commerce their cryptocurrencies and diversifying their portfolios.