Onam the new house of change of cryptocurrencies

elkairo14 (37)in #blockchain • 6 years ago (edited)

What is ONAM

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ONAM is a virtual platform for the exchange of compliant cryptocurrency, which presents the most advanced properties of security, scalability, transparency, customer service, liquidity and responsibility with its performance or compliance. ONAM´s Solutions Security: With DDoS mitigation controls, 2FA solutions and anti-phishing solutions, ONAN has created its own "Advanced Systems for Threat Prevention, Intrusion Detection and Commercial Surveillance". These systems are executed through automated learning to identify irregular activities before they can damage the information and user accounts, that is, they prevent the irregular activity from occurring. In turn, these systems are protected by the encryption of the databases. To this must be added that quarterly audits are carried out by third parties that verify the good performance of the systems and are the key part of ONAM's commitment to safety with its customers.

Scalability: The high speed of transactions per second with minimum readings offered by the platamorma ONAM has no competition with any other virtual space for cryptocurrency exchanges. The management of ONAM exceeds "10 million transactions per second with latencies as low as 40 nanoseconds".

Transparency: ONAM has a system for verification of compliance and market surveillance that operates in real time, as a permanent inspection inspection in the network, in search of irregular commercial activities or that may represent threats. The various types and characteristics of commercial operations are closely monitored, which generates reports of activities that may qualify as suspicious, which are considered by the regulators of the system to take timely action. These characteristics of regular and deep internal control make any type of irregular handling of the market almost impossible.

Customer service: Live assistance to each client through chats in different languages, 24 hours a day, every day of the week and every day of the year, is one of the main objectives offered by the ONAM platform. In general, common problems are solved in less than fifteen minutes through a system of support tickets. In addition to support in chat, there is support by phone, which applies the first six months since its launch. Of course, there is also availability to consult the usual answers to most of the questions and concerns that its users have.

Liquidity: The ONAM platform will be attractive not only for miners and merchants of the volume to participate in its network, but also to the great creators of the cryptocurrency market. The ONAM platform will be able to combat the high slippage and the problems of market manipulation through the registration of book orders of multiple exchanges.

Compliance: SEC's supervision and control policy is based on the belief that most token problems are due to failures or security problems. This usually results in numerous citations to the various companies responsible for launching ICOs to make them invest effort and resources in greater security or they may run the risk of losing licenses. Given that licenses are essential for the launch of public offerings, all legal representatives of ONAM are trained and informed about such policies and latest trends regarding the SEC and its opinion on the activities of the OIC, which guarantees compliance.

ONAM versus current market

The ONAM platform is ready to become the exchange space of greater capacity and profitability in the cryptocurrency market. This is achieved through the timely availability of the right tools and options for the numerous and diverse market agents, such as creators, miners and merchants. The following table shows the characteristics that differentiate ONAM and some of the main exchanges, as well as the difference in their rates.

Characteristics of the ONAM The following list details the most outstanding characteristics that ONAM uses as a cutting-edge high-performance commercial platform: • Advanced order types They are help options that make it easier for customers to have greater success in their daily operations. • Margin of operations It allows its users to take advantage of greater purchasing power in exchange for a small interest rate • Margin loan It allows users to earn interest through the loans they want to offer and can choose their own conditions of duration and interest rate • Composite index fund Users can diversify their portfolio in many investment options. • Paper trade It consists of doing simulations of "trading" for inexperienced users. • Modular user interface Enables each user to customize their trade page • Trade assistant with commercial alerts and signals It is a permanent help or support powered by machine learning. It makes it possible to limit the risk by opportunely evaluating the user's current position, the balance of his account and the user's personal tolerance to avoid exceeding their own limits • Auto-Trading They are feedback tests that help clients use commercial robots based on their personal strategies. Users can also choose some of the prefabricated strategies available to the system. • Social media and sensitivity analysis tool. It is a retro information system powered by its automatic learning. It serves as a forecast of market conditions. • Market scan Powered by real-time monitoring and automatic learning. It establishes criteria for users to identify the type of volatility they seek. • Advanced graphics It helps users to optimize the historical analysis of products, currency, security, etc. • Coaching of trading experts Novice users can learn best practices by a community of experts available on the platform • News and announcements feed Main news and updates related to the cryptocurrency • Push notifications All activities will be pushed to the user. • OTC operations Smart contracts for custody services to create swaps of assets and funds without problems. • User interface in several languages Preferred language as an option • Multi-Language 24/7 LIVE Chat Support Users always have access to technical help and support. • FIX server for institutional traders • Advanced and customized APIs • Affiliation program

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ONAM Use Case: The Compositive Indez Fund

Ben is an old-fashioned value investor who heard about Bitcoin when its value was a penny, but his rejection of the novel or his fear of the future made him refuse to invest in his purchase, due to his bad experience with the legacy system. traditional financial For its ultra conservative reasons, Ben missed out on living the Bitcoin boom. However, the ICO market was born now and is the time when new opportunities arise to overcome their fears and encourage investment. Especially if one takes into account the successful experience of the cryptocurrency market and overcome the fears created by the conventional financial system. It is time to recover and take advantage of new opportunities, regardless of the fact that there are still people who let them pass because they are anchored more to the fear of losing than in the adventure of winning.

Because of his training and experience, Ben's philosophy had been based on a prudent division between stocks and bonds, which allow him to guarantee that his net worth always grows while not exposing himself to new technologies and lucrative industries. Bitcoin, having been too radical for him to invest originally, was now much more expensive, so his initial fears must have already been overcome. But Ben also hoped that the dust and fog of that new industry will be cleared enough to better appreciate the horizon, and now he has new opportunities to look more optimistically at this climate, about the perspectives of current protocols, such as Bitcoin and Ethereum, Thanks to ONAM you can have a new opportunity to invest with confidence.

Most of Ben’s stock fund was put into composite indexes which split among all the best performers of an entire market he chose. Unfortunately, his account and Berkshire Hathaway did not have access to the the ICO market for lack of technical experience. Not being able to interface with any blockchains, Ben was almost resigned to not buy any positions in some of the tested blockchain projects like Bitcoin, Ethereum, Litecoin, and NEO. Managing the technology aspect would have proved problematic for Ben on its own. Multiple accounts and passwords are cumbersome to track and costly to lose.

Having all but given up, Ben finds ONAM. ONAM offers Ben all the advanced, mainstream, options of any sophisticated trading house. ONAM also secures the funds Ben has purchased in optimal “cold-storage” which means the public keys are all generated offline before a private key has ever been combined to produce a hash with them; this makes them extra secure. They have multi-signature functionality at Ben’s discretion, and physical copies of these passwords will be kept in bank-grade vaults.

Now Ben can log onto his platform and super simply grab a premade composite index of all the major players in the market and own some of their cryptocurrency. He can use their news letter to make his own smaller index if he likes.

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ONAM State-of-the-Art Security and Compliance Enterprise-Grade Security – ONAM never stores passwords, encrypts sensitive data before submitting it to its database Anti-Market Manipulation (AMM) – ONAM's real-time market surveillance, supervision, and compliance system is powered by machine learning and is always operation Anti-Money Laundering (AML) – Also powered by machine learning, ONAM's AML system filters customer data, rank it, and potentially identify illicit behavior before it happens Quarterly Audits – ONAM's non-technical layer of defense, auditing is a philosophical commitment of the company as well as a form of mandatory compliance that keeps ONAM to performing best practices BitGO Partnership – In order to offer custodian services to big institutional investors, ONAM has teamed up with BitGO, “the market leader in institutional-grade cryptocurrency investment services.” • Custodian services include: institutional-grade policy controls, and 100% cold storage with multi-signature in bank grade vaults for more than 75 cryptocurrencies Employee Background Checks and Compliance Training – All employees will meet a standard that matches the security and standing of ONAM and its vision.

Conclusion

Many projects in the Blockchain/ICO space are in the business of reinventing the wheel. ONAM is different in that the simply want to innovate on a product that is already tried and tested: crypto-currency exchanges. ONAM is concerned with the latest technical and foundational technologies to maximize the security and performance of the platform for the benefit of its users. With 10 Million transactions per second, 40 nanosecond latency, encrypted database backup, and the latest knowledge in regulatory compliance, ONAM is positioned as the cutting-edge, user-optimized, best-practices cryptocurrency exchange. More Information & Resources: • ONAM Website • ONAM WhitePaper • ONAM Telegram • ONAM Reddit • ONAM Medium • ONAM LinkedIn • ONAM Instagram • ONAM Twitter • ONAM Instagram • ONAM Bitcointalk

Token Sale Details

ONAM will be offering ERC-20 token named ONAM based on Ethereum network during it’s ICO. Crowdsale will be conducted in BTC and ETH .
Crowdsale participants must pass AML and KYC verification process to be able to claim their tokens. Tokens will not be released until this process is completed by the participant.

Start: Oct 1, 2018 – End: Dec 21, 2018

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