⚡🚀⚡PRE-ANN: XBrick - World-class crypto currency exchange ⚡🚀⚡

[jlaw007]

XBlock expects increased global regulation of crypto currencies and the exchanges on which they trade. XBrick has sought to partially future-proof its operations in this regard by implementing customer identification procedures that are greater than currently required.
Reference
https://bitcointalk.org/index.php?topic=3120918.msg32260864#msg32260864

This means that user of XBrick will need to be fully identified. Will this not be a downside at the moment since many bitcoin traders would like to maintain anonymity. Crypto currencies like Bitcoin are decentralized currencies, although the technology and the crypto currencies itself has been accepted by people and companies, there are still those who are reluctant in joining since the nature of crypto currencies in general is very volatile. Existing bitcoin traders also like to maintain their identities in secret to avoid prejudice from other people and the law. Some countries do still not accept bitcoin or has strict regulation regarding trading of bitcoin and similar crypto currency. It is to be expected that governments will try to regulate crypto currencies but if we will stand with this belief the idea of being a decentralized currency is defeated. As such, I think its best for XBrick to have its user the discretion to put his true identity on XBrick platform.

This is a very nice analysis on XBrick and crypto currencies being regulated in the future. I do agree with you that the user should have an option if they want to use their true identity in the XBrick platform since blockchain it self runs with cryptology. Also if you read the full article, the company is based in Australia and may not necessarily be applicable to all. XBrick will run on a global scale and should consider policies of other countries as well. Currently to use Bitcoin in real life we still need to exchange it with fiat currency and government try to regulate the exchange of crypto to fiat. It is good to think in advance but its practical to be able to adopt to changes as time goes by.

Well XBC has KYC (Know Your Costumer) feature. This will require you to submit valid identification to XBC. This is actually for the users security as well as other people might be able to hack your account or somehow has accessed your account. KYC can authenticate that you are the true owner of the said account.

[1714749806]

1714749806

[Bobby park]

"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.

[Markyway88]

"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.

There is a potential that Xbrick exchange platform will success because it has core members that have experienced already in cryptocurrency. It is an asset of this project because they know what are the root cause why they need to make an exchange platform throughout the world.

[Rippta23]

Xbrick Exchange will not just make transaction as anonymous but it will assure that everyone that will use this exchange platform is secure and safe. In addition with that, I found out in the whitepaper that xbrick can perform 2 million per second in order matching system. For sure, many traders will glad if they will here the goodnews in this next exchange platform.

[Harribel03]

So, Xbrick Exchange Platform is in partnership with the liquidalpha, the one who developed the liquidity engine independently. Where the system is configured to trade against client orders with no liquidity and has sophisticated algorith to perform orders under certain condition every few seconds. Thanks for the official video of xbrick, I easily summarized the key feature of this project. It seems like xbrick will lessen my problem dealing with long transaction time.

[Marcogui]

"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.

I do not find the whitepaper of this project and I want to know who are those Senior Members of the team. If they are really legitimate then there is a tendency that this project will success. Developers have a key role for the future of the project and investor like me, will attract in a project who has a great team and had an experienced advisor as well as the core members.

[Ulquiorra04]

Based upon the whitepaper, I can say that this project can run 10 days ICO because I saw in the roadmap that Xbrick Exchange Project was already started 2 years from now. Since 2016, the team had planned to make an exchange that is secure and efficient in the world of cryptocurrency. As of now, they will launch the public sale for the project. In short, this project is nearly to success. Assume that 10 day run is enough for a project like this.

[djmixen]

According to their white paper they will promote blockchain technology whereas they can also educate the public about the benefits of a blockchain, most of that what I really like is creating university scholarships which is through blockchain technology many students who deserve to get a degree will have a chance to have a diploma.

What's really great about it is that they are already started operations before their tokensale, which means their venture capital raising was succesful and since the platform is already working, they already generate revenue, though minimal from their operations. They intend to use their tokensale just for additional capital and for these kinds of activities, I think they are noble for providing university scholarships through the blockchain/crypto currency industry. Their tokens are to be used in obtaining discounts and rewards on their platform, too.

Well, its good to know that, although not all people are aware about the blockchain technology/crypto currency but if they use it to have a scholarship it will become easily adapted by the students which they can support and promote XBrick as crypto currency exchange.

[ConquerGold]

Wow! The xbricks' project can accomodate more than two millon orders per second?! Sounds great!

This is great for those people who are trying to make a large number of sell/buy order.
But how can they make it? I don't know if its possible or impossible to make that large quantity of order on their platform.

It's not impossible especially if they apply the best technology existing. Other exchanges cater to around the same number of order and they can handle it, XBrick would just have to use the same technology or a better technology in this case.

[Anonyms]

Lack of supervision is one of the issues or problem of the bitcoin industry because of this issue there are several of investors who was being a victim of theft  and being scammed
but through the help the of the xbrick project platform the bitcoins and also the investments  will matter the most,  because it is the investmebt of the people.

Lack of supervision results in possibility of internal theft. XBrick is not immune to internal fraud and currently have no declarations with regards to internal supervision that they will be implementing. In case internal theft happens, it might be detected quickly but there is a possibility that they may not be recovered.

This is one of the features that I want in Xbrick exchange. It will secure the traders from internal theft, it will help us to become comfortable that our funds (specially, our bitcoins) will not lose just because there are hackers who will steal our investments.

Hopefully since they stated this problem in their wp, they will update it and include what measures will they perform in order to secure the investments from hacking and internal theft.

[Alonczek]

This xbrick project is one of the fastest verification and registration process I've known so far,
because after an investors give their real time documents and identification to the company it will onlt takes 5 minutes to be fully registered and verified their profile.

Why has they been in existence so far ? They have not yet started their project, everything is just conceptualization in their whitepaper. We’ll see if everything they’ve said in their whitepaper will come true.

[Muanna]

"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.

I do not find the whitepaper of this project and I want to know who are those Senior Members of the team. If they are really legitimate then there is a tendency that this project will success. Developers have a key role for the future of the project and investor like me, will attract in a project who has a great team and had an experienced advisor as well as the core members.

I found this link to their temporary whitepaper. You can use it as reference if you really want to know about the project.
 https://xbc.xbrick.io/doc/Whitepaper(Preliminary_English).pdf

It's legit. Here's their website: https://www.xbrick.io/
They already have started the exchange platform last year though it doesn't have some of the features indicated in their wp yet.

You mean the exchange is running already? I havent heard yet about xbrick Exchange in existence. Maybe they already started but this time they are going to make some changes to make it better.

[Rapha-EL]

Xbrick is an exchange platform, how are you differ from the old and famous exchanges such as binance, kucoin and Bittrex? Do you have any deeper information regarding with your project? I will wait till your whitepaper and video will release. Thanks.

This is just PRE-ANN and no one can answer you yet rather than the moderator of XBRICK exchange. There is no update regarding with this new ICO but I already seen it in a medium and view their telegram group. As what I discovered, Xbrick will just run only for 10 consecutive days. I am bit interested because of that information, but I don't think that it will be followed by the team.

10 days of ICO? This thread was made long time ago but still, there is no update in this announcement thread. I think that Xbrick will extend their ICO because 10 days are not enough for a project to become successful. Xbrick is an exchange platform and I think it needs a big amount just to launch their exchange. The amount they needed can't be filled in just a couple of days. Maybe, this is just starting and they will announce for extension anytime.

Maybe they dont need much for the project. I’ve heard that xbrick has been started already since last year, it could be they just want some remodeling in their system. Well, lets see after the said is over.

[Shikaina]

If the investors will give their real documents to the xbricks' project how can they assure that their identification will be secure to the scammers and these scammers will not use their name in illegal doings?

This is just a big trick. I cannot understand why would an exchange require an identification for their clients or users. Who knows if these informations are kept private by xbrick.

[Gracechen17]

XBrick has a world-class technical team. Partnering with professional advisers and sophisticated investors, and based on a well-developed trading system, XBrick is building a platform for high quality blockchain-based assets to create a secure, reliable, and efficient global crypto currency exchange.

XBrick’s high-performance trading engine is capable of processing more than 2 million orders a second.

XBrick has teamed up with our strategic partner LiquidAlpha, who are seasoned traders and developers with more than a decade of market making and high frequency trading experiences. Together we have been developing a sophisticated technology which continuously scans and gathers tradable liquidity from channels around the world to form an easy and accessible Global Consolidated Order Book (GCOB) that displays the best market prices and depth for XBrick’s users, as well as a Dynamic Liquidity Providing Engine (DLPE) which is designed to automatically provide liquidity for our users when needed.

The XBrick team is comprised of blockchain supporters with a deep sense of social responsibility. Consequently, in addition to offering you the services set out in this paper, we will also be endeavoring to promote blockchain technology, which may include educating the public on the benefits of blockchain, hosting global blockchain forums and summits, creating university scholarships, and encouraging researchers to explore blockchain technology.

XBlock expects increased global regulation of crypto currencies and the exchanges on which they trade. XBrick welcomes such increased regulation which is likely to enhance the market position of sophisticated platforms that exhibit strong corporate governance. An area of regulation that is likely to be subject to early regulatory tightening is in relation to customer identification and the prevention of money laundering. XBrick has sought to partially future-proof its operations in this regard by implementing customer identification procedures that are greater than currently required by Australian regulation, despite XBrick not currently being subject to Australian anti-money laundering and counter-terrorism financing regulations.

Stay tuned!
More updates will be posted here...

What could there be to wait. It will only take few days for the ICO to end and your thread still remain the same. People need it most now than after the ICO. There is even no link to your whitepaper here visitors have to find it by themselves.

[Loveydovey04]

I wonder how could you catch investors. I cannot see anything from your thread aside from few informations about the project? When will there be updates and where by the way is the link to your white paper?

[Glorious04]

XBrick has a world-class technical team. Partnering with professional advisers and sophisticated investors, and based on a well-developed trading system, XBrick is building a platform for high quality blockchain-based assets to create a secure, reliable, and efficient global crypto currency exchange.

XBrick’s high-performance trading engine is capable of processing more than 2 million orders a second.

XBrick has teamed up with our strategic partner LiquidAlpha, who are seasoned traders and developers with more than a decade of market making and high frequency trading experiences. Together we have been developing a sophisticated technology which continuously scans and gathers tradable liquidity from channels around the world to form an easy and accessible Global Consolidated Order Book (GCOB) that displays the best market prices and depth for XBrick’s users, as well as a Dynamic Liquidity Providing Engine (DLPE) which is designed to automatically provide liquidity for our users when needed.

The XBrick team is comprised of blockchain supporters with a deep sense of social responsibility. Consequently, in addition to offering you the services set out in this paper, we will also be endeavoring to promote blockchain technology, which may include educating the public on the benefits of blockchain, hosting global blockchain forums and summits, creating university scholarships, and encouraging researchers to explore blockchain technology.

XBlock expects increased global regulation of crypto currencies and the exchanges on which they trade. XBrick welcomes such increased regulation which is likely to enhance the market position of sophisticated platforms that exhibit strong corporate governance. An area of regulation that is likely to be subject to early regulatory tightening is in relation to customer identification and the prevention of money laundering. XBrick has sought to partially future-proof its operations in this regard by implementing customer identification procedures that are greater than currently required by Australian regulation, despite XBrick not currently being subject to Australian anti-money laundering and counter-terrorism financing regulations.

Stay tuned!
More updates will be posted here...

XBrick’s high-performance trading engine is capable of processing more than 2 million orders a second.


And? Anymore details? Why do you think increased regulations will attract more people to the project? Increased regulations maybe good in some way but it will also mean tightening in cryptocurrency world. It will also mean additional load to be shouldered by investors or crypto holders. Like KYC.

[Chikitita2004]

"World-class Crypto Currency Exchange- Xbrick Exchange"
An exchange platform came from Sydney, Australia where the core members are previously senior position at various ASX listed entities.

The platform of Xbrick Exchange is quiet simple. But because of its simplicity, it can solve the real problems that the traders facing off in exchange such as security and liquidity.

I do not find the whitepaper of this project and I want to know who are those Senior Members of the team. If they are really legitimate then there is a tendency that this project will success. Developers have a key role for the future of the project and investor like me, will attract in a project who has a great team and had an experienced advisor as well as the core members.

I found this link to their temporary whitepaper. You can use it as reference if you really want to know about the project.
 https://xbc.xbrick.io/doc/Whitepaper(Preliminary_English).pdf

It's legit. Here's their website: https://www.xbrick.io/
They already have started the exchange platform last year though it doesn't have some of the features indicated in their wp yet.

Yes. I’ve checked it too. Their platform is already running and there are even coins listed already. The devs must be very busy on the project so they cannot upate the thread but upon seeing their site it made me conclude this project is legit.

[JJireh]

Oooops! A new trading platform. What do you have to offer that other trading platform do not posses? How can you be better than the existing trading and exchange platform right now around the globe?

[Elel]

Oooops! A new trading platform. What do you have to offer that other trading platform do not posses? How can you be better than the existing trading and exchange platform right now around the globe?

You must be so lazy to read and research about their project. Problem with people is they want spoon feeding all the time. If you are intersted then you got to find out no?