Review KuBitX
The KuBitX Exchange is
designed to operate at low latency, high throughput, and maximum uptime. By
incorporating geo-replication in its architecture, the exchange is built to be
fault tolerant, ensuring that the platform delivers a seamless and
uninterrupted trading experience to its users. Below is a high-level
abstraction of the exchange architecture showing how the different systems
within the exchange are connected logically.
ADVANCED
APIS AND FINANCIAL INTEGRATION
KuBitX’s advanced APIs
promise to give the users a hassle-free trading experience. It will allow them
to get connected to FIX, Rest, Binary, WebSocket, and third-party custom APIs.
This architectural design will also enable integration with banking, payment
gateways, and settlement.
EFFICIENCY
AND PERFORMANCE
KuBitX’s market exchange
trading platform is a proven fast, high-volume and low-latency exchange engine.
This exchange platform will be hosted on high availability IT infrastructure,
thus, enabling fault-tolerant architecture with guaranteed 99.995 percent uptime.
In order to provide a fault-tolerant architecture, a standby instance setup has
been planned with active data replication. This standby instance will start as
an active instance, in case the primary exchange goes down due to any reason.
Active geo-replication will provide database redundancy and a low-latency
platform for the end-users. Geo-targeted load-balanced environment for the
trading front-end has also been planned for deployment. A high-level exchange
and infrastructure diagram below indicates the planned setup of the platform.
KuBitX has come up with a Trade Engine which delivers a speed of 12 Million
plus transactions per second with a latency of 40-50 ns.
Q4
2017
• Project Initiation
• Project feasibility
study
• Benchmarking
Q1-Q2
2018
• Project Engagement
• Team Structuring
• Legal processes for
incorporation in Malta
• Whitepaper creation
first draft (Business)
• Angel/Seed Contribution
Engagements
Q3
2018
• Project Execution
• Launch KuBitX Channels
Ambassadors (Flagship countries)
• Prototype
• Start Pre- Public Round
of TGE
• Exchange Soft Launch
Q3-Q4
2018
• Project Execution
(Contd.)
• Phase 1: Financial
Services integration with KuBitX
• End Pre- Public Round
• Exchange Go-Live
• Public Round of TGE
• Global Promotions
Q1-Q4
2019/2020
• Project Add-ons
• KuBitChain
• Phase 2: Financial
Services integration with KuBitX
• Continuous Improvement
(Operations, Product Enhancements and Community Feedback for Improvement)
ABOUT
KBX TOKEN
Ticker KBX
Token Type ERC20 (Ethereum)
Decimal 18
Total Supply 500,000,000
Currencies Accepted ETH
Soft Cap 10.000 ETH
Hard Cap 25.000 ETH
TGE Details Seed Round: Ongoing. Ends 16 July, 2018.
Pre-Public Round: 16 July - 31 August, 2018
Public Round: TBC
Pre-Public Round: 16 July - 31 August, 2018
Public Round: TBC
WHAT
MAKES US DIFFERENT?
KuBitX has been developed
not just as a trade engine but an engine for growth and development of the
emerging markets assisting in financial inclusion, financial education and
Blockchain adoption by the people. We strongly believe that KuBitX has the
potential to reach the emerging regions and educate the citizens with little or
no access to Blockchain based services and adoption and offer multiple crypto
to fiat exchange and paring.
ADVANCED
PLATFORM
KuBitX is one of the most
advanced and robust cryptocurrency trading platforms designed in a very
user-friendly manner to enable people from all regions and backgrounds get a
stronghold of the ideas revolving around the Blockchain and the cryptocurrency
space. It is built to transact at 12 million transactions per second. Avoiding
exchange crashing, creating more to trade at faster speed.
SECURED
WALLETS
Contained within the
KuBitX ecosystem are the KuBitX Trade engines, the secure KuBitX wallets, and
an advanced Admin dashboard for regulating the activities within the Trade
Exchange.
FOR
BUYERS AND SELLERS
By targeting even the
remotest people for their inclusion in the cryptocurrency market, our goal is
to become one of the most diverse cryptocurrency marketplaces for buyers and
sellers worldwide.
EDUCATION
Emerging markets need
more awareness on cryptocurrencies. KuBitX education focus will drive more
literacy levels in emerging markets with on the ground seminars and workshops.
Currently in Africa, only 4% of the continent is engaged in Crypto. KuBitX
focuses on heavy education campaigns that will infiltrate emerging markets.
There are 10 big emerging markets and economies in the world.
LANGUAGE
DIVERSIFICATION
KuBitX has identified
that language barriers becomes issue for customer support, as a result - poor
customer support ratings happen. At KuBitX, our global channel ambassador
program will ensure that we have local dialect presence in each country so that
customer support experience can be heightened and turn around time can be
faster for responses.
FASTER
TRANSACTIONS PER SECOND (TPS) SPEED
KuBitX competes with
global rivals with current exchanges doing about 1.4 million transactions per
second. KuBitX is built to trasact at 12 million transactions per second.
Avoiding exchange crashing, creating more to trade at faster speed.
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