BridgeX Network

LEND BORROW CONVERT SEND

WHAT IS BRIDGEX NETWORK?

The BridgeX Network is a financial ecosystem framework, built on a proprietory technology core, that bridges the worlds of cryptocurrencies and fiat.

We provide decentralised credit, conversion and payment solutions between crypto and fiat currencies, allowing unprecedented interoperability. These create a unifying platform for both fintech-blockchain and traditional financial companies to participate in this new economy.

By allowing third-party distributed apps (DApps) to integrate, we truly unlock the exponential power of the BridgeX Network; partners can offer innovative services to solve real-world financial needs of the network’s international user base.

PROBLEM

ACCESS TO CREDIT

Cryptocurrencies are an unrecognized asset class.

Cryptocurrency holders are unable to leverage on crypto as collateral.

ACCESS TO FIAT

Lack of interoperability between systems.

Cumbersome & expensive to make international payments.

FEATURES

The BridgeX Network is the framework for a financial ecosystem of decentralized credit, conversion and payment solutions, enabling fully-decentralized crypto-to-crypto collateralized lending and borrowing, crypto-to-fiat currency conversions and cross-border payments.

The BridgeX Network will comprise of three main components:

01. BridgeX Core

Technologies Powering the BridgeX Network

Our core technologies comprise of cutting-edge smart contracts built atop the Ethereum blockchain – an on-chain loan matching service, on-chain loan tracking service and an oracle that collects off-chain data for the loan contracts – and an integrated cash management module providing off-chain solutions for crypto-to-fiat conversions and cross-border payments.

02. BridgeX Platform

As the first proof-of-concept for this new financial ecosystem, our DApp/Apps will demonstrate the power of the BridgeX Network at its integrated best, delivering three compelling and synergistic cash management solutions within a single platform, while providing third-party financial services or DApp developers with an understanding of the multitude of possibilities going forward.

DApp BRIDGELoan

Blockchain-based crypto-to-crypto loans in a decentralised peer-to-peer marketplace that securely and seamlessly matches borrowers and lenders.

BRIDGEPay

BRIDGEPay is a powerful conversion and payments engine allowing for a) loans originating in the blockchain space to be localized in fiat, or b) its independent deployment as a comprehensive end-to-end cash management solution for users’ blockchain asset portfolios.

Apps BRIDGEConvert and BRIDGESend work seamlessly together in BRIDGEPay to provide crypto-to-fiat conversions and cross-border payment solutions.

03. Third Party Integrators

DApps/ Apps/ Service Providers

The BridgeX Network will unite the crypto community-at-large, the full spectrum of financial services players in the blockchain industry and traditional financial institutions/ services looking to enter and participate in this new world economy.

Any third party integrator or DApp developer can leverage on BridgeX Core to offer new services on their existing platform or create DApps/ Apps on the network that solve real-world financial needs.

ROADMAP

Q1 2018

Idea Formulation

Development Core: BRIDGEPay

Q2 2018

Partnerships and Community

BRIDGEPay: Integration to fiat liquidity and payment providers

Development Core: SMARTBridge

Q3 2018

Global Roadshow

Core BRIDGEPay: Integration to KYC service provider and KYC system implementation

Development App: BRIDGEConvert

Development App: BRIDGESend

Q4 2018

Core BRIDGEPAY: Testnet

Development DApp: BRIDGELoan

Q4 2019

Launch of BridgeX Foundation

Q3 2019

Development Platform: Lending API & Dev Tools

Third Party Integration

Community Voting: Non-ERC-20 Collateralised Loans

Q2 2019

Core SMARTBridge: Mainnet

DApp: BRIDGELoan Launch

Collateralised Loans: ERC-20 Tokens

Lending Assets: ETH & BXN

Q1 2019

Core BRIDGEPay: Mainnet

Apps: BRIDGEConvert & BRIDGESend Launch

Core SMARTBridge: Testnet

FOR MORE INFORMATION CLICK LINK BELLOW:

• Website: https://bridgex.network/
• Whitepaper: https://bridgex.network/180827%20BridgeX%20Network%20Whitepaper.pdf
• Telegram: https://t.me/bridgexnetwork
• Facebook: https://www.facebook.com/bridgexnetwork/
• Twitter: https://twitter.com/bridgexnetwork

Author: Yuni comel

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1350925