[ANN][ICO]Ziggurat 🔥 Ecex Exchange 🔥 Assignments Trading Platform

[Ecex.Exchange]

Technical Solution, Software, and Hardware

1. For Securities Registry and Depository functions, we plan to use Depend, developed by Percival Software Ltd. http://www.percival.co.uk/. This company has been in the Depository and Exchange business since 1986. They have many international clients from Royal Bank of Canada (RBC Trust (Trinidad & Tobago) to Nasdaq-OMX. They have integration with several systems like T2S, Swift, Crest etc.
2. The Trading platform is planned to be developed. Percival is the primary choice. It will also guarantee maximal compatibility with the Depository.
3. Additional development is planned to integrate the Trading Platform and the Depository with external signing authority like blockchain.
4. Depending on further developments, there will be the need for some or all:
- Integration with external payment systems
- Integration with external systems to exchange info, e.g. brokerages
- Web-interface to online trading
- Mobile applications


 SALE CONTRACT INFO  https://ico.ecex.exchange/ico-details/

[Ecex.Exchange]

https://ecex.exchange/

[Ecex.Exchange]

Ziggurat trading EtherDelta
https://etherdelta.com/#0xe760a89967d8c7fa638eebfc15a77ba107674021-ETH

[Ecex.Exchange]

First 9663 ZIG tokens transferred to Ecex Exchange accounts of bounty participants


First 9663 ZIG tokens transferred to Ecex account of bounty participants for last week work, good job, keep going and thank you!

We hope soon to come out with some more projects what will help you earn more tokens and in same time help fulfill ICO goals.

Total 203 accounts were credited today.

And if you think than Ziggurat balances on your Ecex Exchange internal accounts are coming thin air then it is not so. Your holdings are backed with 1 000 000 ZIG on Ecex Exchange account https://etherscan.io/token/0xe760a89967d8c7fa638eebfc15a77ba107674021?a=0x989fCBC46845A290e971a6303Ef3753fb039D8D5

We will rise the deposit fund as needed.

There were some empty telegram bounty joining applications. If it happens to be one of you then you can re-enter telegram bounty. There are still few days to go in January when bounty is 40 ZIG (30 ZIG in February )

We will investigate and improve telegram bounty insert screen to avoid it in the future.

https://ico.ecex.exchange/

[Ecex.Exchange]

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[Ecex.Exchange]

When systems evolve, some technologies will remain out of the game.
We, Ecex.Exchange take care that our place is in the center of the new game.
Do not hesitate, log in: https://ecex.exchange/

[Ecex.Exchange]

ZIGGURATS TELEGRAM BOUNTY - JOIN OUR CHANNEL AND GET 40 ZIG
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Telegram   https://t.me/ZigguratICO

[Ecex.Exchange]

Concept description 3 - 10 sentences:

The market for claims exists in various ways and there is nothing new about an electronic stock market either. We are going to mix existing ideas with existing ecosystems, even step into systems through existing channels and to bring certain possibilities to market attention. The regular item that everybody trades is a buy-sell agreement. It is very easy to understand, every investor can buy stock and assume that what is happening behind the electronic market system, how the trade matching takes place and what are the consequences in the accounts when the deals are finally closed. An ecosystem which is mostly the same as stock market and built only for claims, rights, and receivables, operates on the basis of assignment agreement, has a great opportunity to spread around the world and to gain customers everywhere.

[espargon]

Hello I have registered on your website but should solve the issue of mail that reaches spam, do not know if it will be DKIM problem, SPF, DMARC or not in the google whitelists or hotmail. But that should be something that should be solved soon because it does not seem professional that they end up getting their emails to the spam tray, for the rest saying that I find a very simple and attractive web page besides that this project seems very interesting and promising!

[Ecex.Exchange]

Get free 40 ZIG tokens by joining our telegram channel today https://t.me/ZigguratICO  From February  30 ZIG tokens





In-house Bounty https://ecex.exchange/

[Ecex.Exchange]

Ziggurat token TELEGRAM BOUNTY - JOIN OUR CHANNEL AND GET 40 ZIG (February 30 ZIG)

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[Ecex.Exchange]

Abstract

Today financial services sector’s electronic trading environments do not offer possibilities to trade with claims, invoices and factoring agreements(assignments, receivables). Receivables market is mostly human trading. Electronic trading platforms for receivables, like stock exchanges, do not exist. There are some entrepreneurs and startups, the trading platforms are eBay-like online invoice trading and human-backed excel-based systems. There are no direct connections to investors.
PlanetZiggurat goal is to bring assignments on Ecex.Exchange trading platform. We will fill the gap by creating a market environment, system for active trading platform of assignment agreements. This means changing of owners of a multitude of agreements and documents, such as claims, invoices and factoring agreements etc.
The market system will be similar to the stock market – very transparent and fast and it will allow trading claims, invoices from the moment they are being issued until the payment date. Claims, invoices will be traded until the obligations are either met or erased due to bankruptcy or natural end of the issuer. The owner of the invoice or claim can delist his right any moment (and exercise his right to realize their own requirements).
As all traders know, all markets function through leading brokerage firms and online brokerage firms. All traders want to be close to possibilities that allow them to make fast decisions and make actions directly, using market data and trading terminals. PlanetZiggurat will spread all relevant trading data to leading brokerage firms and online brokerage firms. We will make arrangements that will get the existing investor community connected to the new assignment market.
Blockchain technology can be used to verify transactions using a third party.
There are three tools planned:
1. The trading platform, exchange for claims, invoices and others subjects for assignments (all together assignments)
2. Exchange information flow through leading brokerage community. PlanetZiggurat will launch a trading platform to show and teach members and clients, https://ecex.exchange/  and https://planetziggurat.com/
3. Blockchain, especially digital signature (https://azure.microsoft.com/en-us/solutions/blockchain/)

PlanetZiggurat will start on the Estonian market due to the small size of the country as a test market and relatively high level of IT development in the country. This will allow to get a functional system up an running fast, have the system compatible with EU regulations and use a small market as a test site for further development in order to be able upscale in full range and functionality at bigger markets at the right time
The stock exchange in Estonia is very small. There are 50 000 trades per year, the depository and market systems are designed for small volumes and are relatively cheap. PlanetZiggurat knows the involved persons and companies and is planning to build its systems with the same software and legal background. Nasdaq Baltic
PlanetZigurrat  has an arrangement with an advisory company BDA Consulting who will help to harmonize the system with legislation.
This business plan, PlanetZiggurat OÜ Ecex.Exchange Trading Platform Whitepaper, attempts to fill the gap described by European Commission Directorate-General for Financial Stability, Financial Services and Capital Markets Union
“DEVELOPMENT OF SECONDARY MARKETS FOR NON-PERFORMING LOANS AND DISTRESSED ASSETS AND PROTECTION OF SECURED CREDITORS FROM BORROWERS’ DEFAULT “ 

[Ecex.Exchange]

1. HISTORICAL BACKGROUND

1.1.Roman Law

The Roman law provides an invaluable introduction to the understanding of legal concepts and a passport to the appreciation of Continental legal systems. Roman law is the product of the genius of good order and organized common sense of a remarkable ancient civilization, and it constitutes a legacy that has had a profound influence in subsequent ages.


1.2. Cessio
 
There are  two main institutes related to cessio: 
- cessio bonorum: where a debtor had become insolvent owing to unforeseen circumstances, he could, under the formulary procedure, avoid the infamy attached to execution by petitioning a magistrate to allow him to make a voluntary cession of his property (cessio bonorum) to his creditors;

- cessio in iure: Litt. cession before a court. It was a ritual procedure (imitating the procedure of the legis actio sacramento in rem) already known by the time of the Twelve Tables that was used to create, transfer or extinguish certain rights (specifically the so-called “Quiritary rights”). It partly fell into disuse in classical Roman law.1.

Cessio bonorum, (Latin: “a cession of goods”), a voluntary surrender of goods by a debtor to his creditors. It did not amount to a discharge of the debt unless the property ceded was sufficient for the purpose, but it secured the debtor from personal arrest. The creditors sold the goods, applying the proceeds to their claims. Although property that the debtor might acquire later could be claimed by the creditors, he could not be deprived of the bare necessities. The main features of cessio bonorum were adopted into the French and other legal systems. In England it survives in the internal regulations of certain commercial bodies, such as stock exchanges.
Cessio bonorum ,was a procedure introduced by Augustus reign (Republic) , whereby a judgment debtor voluntarily surrendered his property to the creditors. The property was sold off, but the debtor would not be subjected to legal disgrace or to the possible imprisonment by the creditors. Surrender was not available as of the right: it applied only there the preator was satisfied that the debtor had genuine assets and that the bankruptcy was the result of misfortune.

In jure cessio was a conveyance in the form of a lawsuit. The transferee claimed before the magistrate that the thing was his, and the transferor, who was the defendant, admitted the claim. The magistrate then adjudged the thing to the transferee. (The sham-lawsuit theory, however, is not acceptable to all modern scholars, principally because the judgment of ownership was valid against any possible private claimant, not merely against the defendant, as in a true lawsuit.) 2
Cessio had some similarities to mancipatio. It was a highly formal and cumbersome conveyance, originating before the Twelve Tables and fading in importance long before Justinian. Our knowledge of cessio is derived mainly from Gaius, who tells us(Inst.Gai.2.24) that cessio was performed before a magistrate, such as the preator(or governor) with the transferor and transferee present, together with the property to be transferred (or a symbolic sod of earth in the case of land). The transferee grasped the property and uttered the same set words as in mancipatio. The preator asked the transferor thether he claimed the thing. Assuming that the latter stayed silent, or made no claim, he was taken as having ceded his rights, whereupon the preator awarded the property to the transferee.

[Ecex.Exchange]

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[storfox]

 Very great Ecex Exchange  project. As I read there advocacy, which is very promising and encouraging which planning to adopt on our technology like their trading platform that connects to automated trading platform and electronic order book trading platforms. And this project looks quite interested beacause of this amazing roadmap.

[Ecex.Exchange.Sven]

After brief discussion we decided to rise limit to 50 bounty submissions per day for every bounty category.
You are doing good job and we do not want to limit your creativity!

Also we prolonged 40 ZIG token bounty until Monday 5th of February 2018

Please visit https://ico.ecex.exchange/bounty-registration/ and https://ico.ecex.exchange/telegram-bounty-join-our-channel-and-get-40-zig/ for more details.

[Ecex.Exchange]

We made additional bounty functionality to our exchange project: Ziggurat token TELEGRAM BOUNTY - JOIN OUR CHANNEL AND GET 30 ZIG
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[jendervan]

The new and innovative Ecex exchange project. I see inroadmap, advocacy, which is very promising and encourage which planning will adopt technologies such as their trading platforms that connect to automated trading platforms and trading platforms of electronic order books. this project caught my attention, with a good project idea I am sure will attract many investors .. I hope this project can be achieved all the targets and success

[Ecex.Exchange]

2. ASSIGNMENT

An assignment (Latin cessio) is a term used with similar meanings in the law of contracts and in the law of real estate. In both instances, it encompasses the transfer of rights held by one party—the assignor—to another party—the assignee. It can also be a transfer of a benefit, including an equitable interest, according to established rules (at common law or in equity).The rights may be vested or contingent. The details of the assignment determine some additional rights and liabilities (or duties).
Typically a third-party is involved in a contract with the assignor, and the contract is in effect transferred to the assignee. For example, a borrower borrows money from a local bank. The local bank receives a mortgage note and can thereafter transfer that note to a financial institution in exchange for a lump-sum of cash, thereby assigning the right to receive payment from the borrower to another entity. Mortgages and lending contracts are relatively amenable to assignment since the lender's duties are relatively limited; other contracts which involve personal duties such as legal counsel may not be assignable.
The related concept of novation is not  an assignment; rather than assigning only the rights to another party, novation involves the replacement of the original party with a new party or the replacement of the original contract with a new contract. Since novation creates a new contract, it requires the consent of all parties whereas assignment does not require the consent of the nonassigning party, although in the case of assignment the consent of the nonassigning party may be required through a contractual provision


   2.1. Procedure

The assignment does not necessarily have to be in writing; however, the assignment agreement must show an intent to transfer rights. The effect of a valid assignment is to extinguish privity (in other words, contractual relationship, including the right to sue) between the assignor and the third-party obligor and create privity between the obligor and the assignee.



   2.1.1.   Liabilities and duties

Unless the contractual agreement states otherwise, the assignee typically does not receive greater rights than the assignor, and the assignor may remain liable to the original counterparty for the performance of the contract. The assignor often delegates duties in addition to rights to the assignee, but the assignor may remain ultimately responsible.

   2.1.2.  Assignment of contract rights

Assignment of rights under a contract is the complete transfer of the rights to receive the benefits accruing to one of the parties to that contract. For example, if Party A contracts with Party B to sell Party A's car to Party B for $10, Party A can later assign the benefits of the contract - i.e., the right to be paid $10 - to Party C. In this scenario, Party A is the obligee/assignor, Party B is an obligor, and Party C is the assignee. Such an assignment may be donative (essentially given as a gift), or it may be contractually exchanged for consideration. It is important to note, however, that Party C is not a third party beneficiary third party beneficiary, because the contract itself was not made for the purpose of benefitting Party C. When an assignment is made, the assignment always takes place after the original contract was formed. An Assignment only transfers the rights/benefits to a new owner. The obligations remain with the previous or previous owner.1

[PNToken]

I read your website and white paper. I have no legal education and it is difficult for me to understand the services that you provide. Will your exchange arbitrate between banks?