Quoine Report

I want to share with you some informations about something i’m pretty excited for this year. Maybe you’ve heard about Qryptos or Qash, it’s a company called Quoine who is behind. So what’s Quoine ? It’s an ambitious tech company who provides trading, exchange and next generation financial services powered by blockchain technology. They’re building an ecosystem around it and it looks really promising.
Quoine it’s more than 250 years of combined experience in fintech, more than $12B annual trading volume and licensed by Japan FSA, so don’t worry about the legality. Created in 2014 by a strong team coming from the traditional banking world

I’m gonna give you more details about what’s interesting, their products.

Quoinex

Quoinex or Quoine exchange, is focusing on accepting fiat currency deposit like Coinbase or OKCoin. So it’s a cryptocurrency exchange, which is established since 2014 and it is one of the the first regulated by the JFSA. Very safe, no major hack yet and a good customer service. They accepts Bank Transfers not only credit cards. The trading platform feels really solid.

Qryptos

It’s their second brand for digital asset trading. This is similar to the business model use Coinbase/GDAX, OKCoin/OKEX and Quoinex/Qryptos for Quoine.
Qryptos is pretty interesting as trading platform. First because it’s safe, they use a 100% cold wallet and this avoid big incident like the hack of this japanese exchange by their hot wallet with over USD500M worth of NEM stolen. But the unique selling point is to stimulate initial liquidity, the exchange offers negative trading fees on new coins to securing early liquidity. Qryptos is trying to tackle the very controversial crypto industry issue, ICOs.

Liquid

It’s the first Prime Brokerage and Meta-exchange in crypto.
As you know in the finance world, huge investment banks like Goldman Sachs fill a role called a Prime Brokerage which gives Hedge funds a great power for cash management. So they can focus on the execution of their strategy without to worry about the logistics of their money. And nothing like this exists in crypto but Liquid will change this. Liquid is both a World Order Book and a Prime Brokerage. Their traders will have instant liquidity by being able to trade across trading pairs, on any exchanges.
For example, you might want to buy BTC/USD from US exchange, and someone else want to sell ETH/EUR in Paris. On Liquid this order is matched with any available markets, such as ETH/BTC, EUR/USD and across crypto and FX exchanges to provide liquidity for that trade. They take care off all cash management, so you can trade on any exchange without a account on that exchange and without funds on that exchange. This is reduces your counter party risk and it will allow a lot of new money in crypto space. And the cryptocurrency that will back all of this is Qash !

Qash

Being referred as the bankers coin. He has solved the biggest issue for cryptocurrency to go mainstream, it lets users buy cryptocurrency from all over the world with currency of their choice. Implementing the « Worldbook » and giving users the best price in their own currency of choice.

You can use the same credentials to access Quoinex, Qryptos
and Liquid, because they’re operate under the same company.

Quick commentaries on Quoine milestones.

Main event on the roadmap, the official launch of Liquid for Q2 2018, the Prime Brokerage for Q4 2018 and a Full Banking License for Q3 2019. So I think this year gonna be very exciting for this company.

A little recap of the last Quoine’s partnerships.

October 16th, 2017, strategic partnership with Bitfinex to support and facilitate liquidity across isolated cryptocurrency and fiat markets.

October 30th, 2017, Proof-of-Care alliance with Quantstamp (QSP) the first protocol for smart contract security-auditing.

November 2nd, 2017, strategic partnership with EXX to support and facilitate liquidity across isolated cryptocurrency and fiat markets.

November 3rd, 2017, strategic partnership with Binance to build global liquidity in the crypto economy.

December 22th, 2017, strategic partnership with Gibraltar Blockchain Exchange (GBX) planning to build a world-leading institutional-grade token sale platform and cryptocurrency exchange.

February 12th, 2018, partnership with Electroneum (ETN).

We can see the community on the socials networks growing 13k followers on Twitter, 13k on their Telegram and 13k too on Facebook. You can find them too on Reddit and Steemit.

Actually they’re looking for Data engineers in Vietnam and Japan, so if you want to be part of their big journey in this crypto space take your chance !