Chain BLX Debuted Its Decentralized Blockchain Project for Digitized Security Trading and Asset-Backed Cryptocurrency Last Week in Davos, Switzerland
DAVOS, Switzerland, January 31, 2018 (Newswire.com) - Chain BLX presented a completely disruptive way to execute trades of any kind of digital securities to world leaders in technology, banking and finance as well as representatives from different governments’ regulatory institutions. The presentation took place in the One World Block Chain Event, which was hosted in a chapel adjacent to the Hard Rock Hotel in Davos, Switzerland during the World Economic Forum 2018.
Chain BLX attracted positive attention from a wide range of different entities, including governments and central banks. The reason Chain BLX has attracted attention quickly is due to its refreshing approach of proposing robust decentralized blockchain technology, as well as digitized securities and asset-backed cryptocurrency. All Chain BLX digital financial instruments have been combined in a well thought out, decentralized way. The keys to success for Chain BLX include a very high degree of flexibility, stock trades as digital certificates, foreign exchange, IPOs, easily created innovative derivatives for everyone, and a focus on compliance. Chain BLX, therefore, is in the pole position to become a true leader in cryptocurrency and decentralized free trade as most countries start to regulate cryptocurrencies.
Chain BLX is confident in creating a solid economic system built on value rather than exuberance. One of its founders, Karl Seelig, does not shy away from speaking about potential strategies for cryptocurrencies before, during and after irrational exuberance in the market. During his speech at the One World Block Chain Event, Karl emphasized the necessity of following future and current regulations, and working with traditional institutions rather than against them.
“The trust in traditional institutions is shaken, and they know it. Today, trust must be replaced with transparency, and the barriers to access liquidity must be eliminated. With the new movement of money over the internet (MoIP), blockchain foundations must work with governments to create regulations which make sense, reduce transactions costs, guarantee each participant the right of privacy, and which eliminate international barriers. A truly decentralized blockchain-based trading and cryptocurrency platform will allow worldwide access to liquidity for everyone,” said Karl Seelig, Founder of Chain BLX.
About Chain BLX
Chain BLX is a community of individuals and organizations creating access for themselves and others to the world’s liquidity in a single decentralized and secure global marketplace. The community is improving blockchain technology through goal-oriented innovation that is financially rewarding to everyone.
Limited accessibility to the world’s traditional liquidity markets is hindering individual and organizational freedoms and development. Current markets are broken up into many centralized, expensive, and heavily regulated markets around the world that are highly dependent on humans to conduct transactions. The result is that contemporary liquidity markets are expensive, slow, volatile, and accessible only to a few gatekeepers.
Chain BLX will use decentralized blockchain technology to improve access to liquidity and record keeping. The result is universal access to the global liquidity pool, minimized costs barriers, and improved security. The Chain BLX marketplace will be launched in July 2018 and always be open and directly accessible to any individual or organization. Record keeping is automated, and the only fee is a mere 0.25 percent of a transaction’s value charged to each party to a transaction.
Join the discussion on http://community.chainblx.com.
By phone to Pedro Santos
or by email to Karl Seelig