CASPIAN: A DECENTRALIZED USER FRIENDLY TRADING PLATFORM

in #crypto6 years ago (edited)

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INTRODUCTION

The digitalization revolution has reached an apogee since the introduction of cryptocurrency through the blockchain in the first form of Bitcoin. Since then, lots of digital assets worth billions of dollars has gone into investment on the Bitcoin blockchain and other top cryptocurrencies. The statistics have been overwhelming as over 18 Billion USD had been spent on the digitalized blockchain since the turn of the year 2018. Investments are expected to cross the trillion mark by the year 2020 as more and more cryptos are being developed daily on the blockchain.

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Since a currency is as good as its value, lots of exchanges have sprung up all over the globe with aims at integrating more and more cryptos into the blockchain trading platform. The number of exchanges that exists have passed the two centuries thresholds and the top ones among them oversee exchanges worth in billions of USD daily with lots of tokens being integrated as well . But even with the existence of all these exchanges, certain limitations became the bane of the crypto transaction world.
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Unreliability of The Trading Methodology

This was due to the nature of the blockchain technology which favours the top cryptos at the behest of the lower newer ones with loads of potentials. This fragmentation became some sort of headache for dealers who have to comb through exchange platforms to find a particular one that deals in the crypto of their choice.
This fragmentation process indicates poor interoperability of these platforms as trading process now becomes harder to execute. For instance, an exchange from EOS to fiat will now take a two step process from EOS-to-Bitcoin and finally from Bitcoin-to-fiat which incites huge transaction costs in the process and leaves the buyers at a huge disadvantage whole favoring the traders.

This fragmentation process, coupled with the apparent latency of the blockchain and the low transaction verification per second ability eventually leads to practical inability for large volume transactions to be performed on a need to do bases by the merchants. This slows down the whole liquidity process significantly.
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Security is Appalling

Most trading platforms ignore the risks that buyers face when trading on the crypto exchange platform. Most of the security breach are not properly treated as a priority and in severe cases has led to loss of billions of digital assets in USD. From the inability of most of them to identify trusted merchants to their inability to establish a secure platform for merchants to trade without fear of losing their assets. Risk is a part of business but only when it is managed properly and litigated to what the buyer can afford. This apparent security loophole affects crypto trading the most.
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Lack of Compliance to Local Regulations

The limitations of fragmentation of crypto trading platforms is so severe that most platforms do not deem it necessary to follow up to these set up rules as they operate separately and owe nothing to each other. This leads to non uniformity of operation as greedy merchants take advantage of this apparent disunity. The buyers are the one who suffers in the long run as they cannot determine on time the best platforms that offers the easiest and efficient trading methods.
Another issue is the apparent lack of ways in which these platforms can reach their customers for service feedbacks. This makes the trading largely unsatisfying in cases of discrepancies of the merchants or the inability of the buyers to navigate their way through the platform.

This necessitated a complete upgrade in blockchain trading operations with a good user experience with solutions to time wasting fragmentation. This is why the Caspian project was initiated.
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The Caspian Solution

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Caspian is a decentralized trading ecosystem that aims at providing a better, secure and efficient user friendly trading experience for its users. The Caspian project is built mainly to increase interoperability of different cryptocurrencies for a much better and unified trading front.
Caspian is a solution to the investor related problems of digital blockchain trading with a view to improve user experience and encourage cryptocurrency adoption. The sole aim of the Caspian platform is to ensure that trading is done in a very safe and efficient environment without incurring more liquidity costs for the intending investors. The Caspian platform not only deals with the trending cryptocurrencies but also in new and upcoming ones and hence promotes an environment for proper growth of new blockchain platforms. With the versatility of Caspian's platform, investors will stop the endless search for suitable trading platforms and focus more on the trading proper.
The Caspian platform is built on the cohesion between two corporations, Tora and Kenetic both having years of first hand record about successful asset management and digital crypto investments.
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The Caspian Setup

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The Order and Execution Management System(OEMS)

Through this medium, the Caspian platform provides connection to a joint control center that offers fast and efficient trading access to its users including managers and traders. Caspian provides the users with a wide scale of digital assets to trade on including price ranges of different cryptos in relation to each other and can get connected to your desired digital assets with a few clicks. The OEM system also provides a graphical analyses of the market price movements of all the cryptos involved as well as analysis to their future prize ranges. This engine is based on Tora technology.
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Caspian Position and Risk Management

This mechanism allows users to be able to mange their positions on the Caspian trading platform and be able to determine the next course of action to take on their orders. With the details gotten from the OEMS, the investors can determine how much they can risk investing with as well as determine the time frame in which they can keep getting profits and in cases of loses, they can choose to litigate the loss to the amount they want.
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Caspian Compliance to Regulations

This engine helps to ensure that the Caspian platform offers better trading efficiency while complying to regulations and trading rules as decided by the third party agreement of the trading market. This engine also ensures that certain limits are not exceeded to keep the latency of the assets to the barest minimum. This also keeps the asset investors in check for a healthy and profitable trading operation.
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Caspian Reporting Engine

This involves a proprietary report of individual trading records of all the users including auditing reports, compliance reports and financial data. This allows for better and efficient manner of displaying graphical reports of trading statistics.
The information is stored on a dashboard that is based on the web and made readily available for reference or research at any time by the users. The records of this report can be in any written format either by PDF, Excel or in presentation form using PowerPoint.
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Caspian Architectural Framework

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Caspian is mostly cloud based and is developed which is properly distributed around a microservice architecture and its access is functional through thin User interface and APIs. This enhances flexibility and allows the platform to facilitate solutions ranges from private cloud storages to the facilitated public ones. The system is effectively managed by a service, so distinct that it has its own communication channel, an API and a built in channel for its data subscription.
The Caspian channel is well thought out and programmed to enhance efficiency and Interoperability.
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Why Choose Caspian Over other Platforms?

Interoperability

The Caspian platform is developed to have access to a whole range of crypto digital assets with little or no effort by browsing through their trading menus. It's more like a servant for different cryptocurrency trading worth. This promotes a unitary front for trading efficiency and safety.

High Rate of Performance

With Caspian's OEM engine, large volume operations can easily be conducted and limit latency of digital assets. This allows for more exchanges to be done daily and at a pace that can rival real time fiat operations.

User Friendly

The Caspian is designed to target the less technical savvy population through its easy to navigate platform. With Caspian dedicated engines, a user need not stress himself to get to what he wants. Trading operations are done and performed at required frequencies with a few clicks on their dashboard.

Scalability

With the ability to separate data and Communication channels into deferred spaces for clients, Caspian is highly scalable.

Auditing is an Added incentive

The compliance of the Caspian platform makes its auditing work easier to conform to local financial regulations and hence can be recommended by finial institutions for fiat to crypto digital trading.

Security

Caspian aims to eliminate the usual security lapse of most trading platforms by encrypting user end applications and sign ins. This is further secured using the 2FA verification method to avoid hack attacks by unauthorized users. In Caspian, security of digital aseets available for training is paramount.

Reliability

The Caspian platform was heavily developed on Tora which has a high reliance factor of 99%. The system is equipped with several fault tolerance mechanisms to ensure that it runs smoothly with little or no fault.

Top Notch Support

Caspian is well equipped with back up from two reputable digital blockchain corporations in Tora and Kenetic to generate the best support which is on the premise of sigh terms and conditions Eton both parties. Tora has a pedigree in digital asset managers giving the indication that the Caspian platform is in safe hands.

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Use Cases of Caspian

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Case 1

Rita has been a good merchant of Byteball cryptocurrency since its integration into the steem blockchain. She has always wanted to leverage her byteball in exchange for EOS tokens. Unfortunately for Rita, so many platforms encouraged her to exchange the byteball for Bitcoin first before doing another exchange for EOS tokens. This process has been really disadvantageous to Rita due to the huge transaction fees involved in these exchanges. Fortunately for Rita, a friend introduces her to Caspian which is integrated with lots of underlying blockchain cryptos and now, Rita can make direct transaction using their flexible platform from byteballs to EOS. Rita now undergoes these operations easily and efficiently.

Case 2

Ola runs a local crypto exchange where he buys and sells different digitalized crypto assets. But Olas has found it hard to settle for a trading platform with a unified and organized pricing system and she was about to close up her exchange and count her losses. Just a day before has last trading experience, Olas stumbles upon the Caspian bounty talk on steemit. Since then, Ola can now trade several crypto assets on Caspian secure platform.

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MEET THE TEAM

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Advisors

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TECH SAVVY PARTNERS

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Caspian Roadmap

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CONCLUSION

The ability to trade in a very secure and user friendly environment is every investor's dream of a good market experience. Hence, the Caspian platform offers flexibility on the next sale for the proper and efficient adoption of cryptocurrency as a means of business transactions.
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INTRODUCTION VIDEO

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