Why an Offshore Exchange is Just What the Cryptocurrency World Needs
The Cayman Islands have been a trusted offshore financial hub for decades. Transparency and communication between regulating government bodies and institutions have helped to streamline and innovate the growth of financial institutions on island, and has helped draw investors from all over the world. It is from this unique position that an offshore Cryptocurrency exchange is set to disrupt the conventions of current exchanges the world over.
As the popularity of Cryptocurrency has exploded over the last few years, currency exchanges have struggled to meet the rising demand. User numbers have put a strain on the technology employed by exchanges, causing crashes and security issues, with uncertainty around regulation making high net-worth and institutional investors wary. With so many exchanges in their nascent stages and without basic regulation, it seems like a natural evolution that a scalable and secure crypto-exchange should emerge from the Cayman Islands.
Founders Julian and Jerome represent the newest generation of Cayman Island financial experts. Raised in the traditions of the Cayman Island finance sector, while exploring innovated technology such as the blockchain and other disruptive technology.
“We joined Kaizen because we were passionate about delivering high standards of service and security whilst exploring innovative solutions that ultimately will deliver results well beyond industry norms”
The Kaizen exchange is launching the platform behind an ICO project to finance the proprietary Shore Coin. The issuance of Shore Coin will be integral to the successful operation of the offshore boutique exchange. Initial contributors will have the chance to invest in an exchange and utility token that will operate globally and benefit from strong leadership, investment in technology and responsible governance, making it a leader offshore in the Cryptocurrency and blockchain sector.
Kaizen’s digital asset exchange will connect buyers and sellers in the secondary trading market to buy, sell, or exchange digital assets and Cryptocurrencies for other digital assets and Cryptocurrencies, or for fiat currency. Users will be able to buy major digital assets, such as Shore, Bitcoin Cash, Ethereum, Dash, Ripple, and Litecoin that have perceived strong credibility, user base, and liquidity along with coins listed on Kaizen’s coin sale platform. Different Cryptocurrencies are expected to be incrementally added over time as the platform and digital asset exchange develops. Kaizen’s platform and digital asset exchange are expected to be operated as an integrated system which will share the same website with a database back-end and blockchain connectivity. The website will be user friendly and will host a range of trading features for traders and casual users alike, including “beginner friendly” functions. The digital asset exchange aims to be open constantly, and have superior customer service and multi-language capability.
“We are so excited about this initiative, as it brings the best of Cayman’s finance, technology and [Suspicious link removed]munities together under one united exchange. Responsibly led and transparent to all, the Kaizen exchange is set to be a leading boutique Cryptocurrency exchange for HNWI clients and institutional investors”
As the [Suspicious link removed]munity continues to grow and define its self, the idea of “regulations” can be divisive. Those who value Cryptocurrency for its free market capabilities shy away from government over regulation, while more cautious investors feel that regulations enhance the security and ultimately help drive the value and usage of currencies and exchanges.
While many jurisdictions are slow to adopt blockchain technology and Cryptocurrency, Kaizen exchange believes that the strength of the Cayman Islands financial economy will attract HNWI clients and institutional investors.
“ We hope that users of our exchange see the benefit of a transparent secure and well managed Cryptocurrency exchange. The Cayman Islands have long been regarded as a center of excellence for financial institutions and we are poised to be a world class boutique exchange not only in the Caribbean but also globally”
As a further testament to the cachet of the Cayman Islands financial institutions and their experience with large investors, the Kaizen exchange intends to ‘throttle’ demand by stipulating membership criteria. By charging a membership fee and introducing minimum balance requirements, this will act as a control that can act as a mechanism to regulate manageable volumes.
“The market is so active at the moment with demand far outstripping supply. Sheer customer volume has been the problem for many of the established and professionally run exchanges with bottlenecks and downtime being frequent issues. Kaizen is focusing on the institutional and professional investor markets who will yield higher transactional values at reduced volumes. This also gives other advantages such as higher levels of service and the ability to control security more effectively”
Kaizen exchange represents a golden opportunity to establish a boutique and well operated exchange built on the knowledge and trusted reputation of a professional management team operating within the Cayman Islands. With Cayman’s progressive and encouraging approach to the financial sector and Blockchain technologies coupled with a tax neutral jurisdiction, access to advanced infrastructure and a wealth of talent in both finance and technology, this is the optimum time to implement a world class exchange.
“We have had the luxury of looking at the successful and unsuccessful exchanges and learning from their mistakes. We have incorporated that learning in to Kaizen and now we are ready to release our exchange to a select marketplace. This is just the beginning in every sense of the word but the world is about to go through a significant change with the advent of blockchain and Cryptocurrencies. Kaizen will be one of the mechanisms that will enable that change. I’m certain our model will change as the market evolves but Kaizen will adapt and as long as we adhere to our principles our customers will thrive, along with Kaizen”
