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Sovren Exchange: First of its kind UK based Crypto Trading Eco-System

Wednesday, November 7, 2018

Sovren hase a goal - to be at the forefront of integrating these technologies into the crypto services manufacture by construction a crypto trading platform that uses Artificial Intelligence (AI) Technologies and Intelligent Automation for safety, client service and trading services. The Sovren platform will make use of the best Centralized technologies to support Decentralized trading of crypto assets.

About Sovren Exchange

Sovren is building a regulated crypto trading platform accessible to both retail and institutional investors. All-in-One Exchange – Sovren exchange will accept FIAT currency from a global customer base but also lists most cryptocurrencies and trading pairs. Furthermore, we have a fixed trading fee that is capped with a focus on being a fair, community-driven crypto exchange. With AI and RPA integrated into the Sovren platform we will not only be the most secure crypto exchange but will also be in a unique position to apply these technologies to deliver a superior trading experience. Most crypto exchanges only serve one purpose, a means to change one crypto into another.

Token

The SVRN token will firstly be a mechanism for trading across the Sovren exchange eco-system. The company will at the start be creating multiple trading pairs with SVRN as the base currency. When the community uses SVRN to trade the company will be applying a significantly reduced fee to their trades. SVRN will also be the de-facto trade mechanism when interacting with the DAE Dapps created by the crypto community, i.e. the company is building the SDK’s and open API’s to interact with SVRN tokens. Developers will need to deposit a predetermined amount of SVRN once our technical team has approved their Dapps before it is made available to the community. This will also apply to traders who want to create algorithmic trading bots.

Details Token

Token Name: SVRN
Token Price: 1 USD
Platform: Ethereum
Token Sale: 275,000,000 SVRN
Token Supply: 500,000,000 SVRN
Soft Cap: 5,500,000 USD
Hard Cap : 55,000,000 USD

WEBSITE | WHITEPAPER

SOVREN AI & RPA: SECURITY

To date, more than one billion dollars has been lost from crypto exchanges due to internal and external failings from the most prominent exchanges in the industry. Most of these exchanges were not designed with a ‘security first’ approach but rather a ‘quick to market’ approach which has cost crypto investors significant losses in funds. Some of these exchanges have since closed down where others have simply disappeared. At Sovren we are determined to put the best mechanisms in place to protect investor assets from both internal and external threats, hence why the company is building the platform with AI integration from the start, using Machine Learning. Machine Learning is a program that is written to learn and adapt through the analysis of millions of data points. Sovren will be taking advantage of a pioneering technology within Machine Learning, the Neural Network (NN).


Secure

The platform will be secured using AI: ML technologies. For trading, the company will be a fiat to crypto exchange that will list all major cryptocurrencies, altcoin and fiat trading pairs. The Demo Trading platform will remove the entry barrier for new traders.

Exchange

The platform will be secured using AI: ML technologies. For trading, we will be a fiat to crypto exchange that will list all major cryptocurrencies, altcoin and fiat trading pairs. The Demo Trading platform will remove the entry barrier for new traders.

Problems
  • Market Fragmentation – Some crypto exchanges accept FIAT currency conversion to a limited number of the major crypto coins. Then to buy Altcoins one has to jump across several exchanges. At each step, the customer has to register and pay high transaction charges. There is simply no All-in-One Crypto Exchange.
  •  Poor Customer Experience – Crypto exchanges provide a highly complex and poor customer experience (UX), which is unsuitable for non-technical or new traders. Furthermore, the existing exchanges run on older technologies and databases that make infrastructure quite unreliable for customers leading to frequent outages.
  • Insecurity and Fraud – Crypto exchanges are insecure. Even the leading exchanges have been hacked with millions of dollars of traders funds lost. Gross human negligence and poor operational practices have been the primary reason.
Solution
  • All-in-One Exchange – Sovren exchange will accept FIAT currency from a global customer base but also lists most cryptocurrencies and trading pairs. Furthermore, the company has a fixed trading fee that is capped with a focus on being a fair, community-driven crypto exchange.
  • Superior User Interfaces and Training Platform – The Exchange Mobile Apps and Web platforms are specially designed for the Uber generation and remove complexities and technicalities involved in crypto trading. Furthermore, the company offers the world’s very first crypto trading simulated environment where novice traders can learn to trade before they are ready to trade in a live account.
  • Artificially Intelligent based security- At the heart of our Exchange Software sits a highly sophisticated state of the art Artificially Intelligent system. The proprietary AI based Neural Network will create the first and last line of defense which will automatically combat systematic hacks and organized cyber attacks.
Payment Gateway For Retailers

Retailers will be able to accept cryptocurrencies as a payment with the simple to use API interface. They will have the option for instant crypto to fiat conversions or to use theEnterprise Vault cold storage service as a safe option to collect and store their crypto.

Earn Token

Earn Sovren rewards as a market maker, trading on the Demo trading platform or taking part in the bounty and community reward programs

Liquidity

By using white-label applications institutions will have access to the Sovren liquidity protocol.

Roadmap


Team




Advisors



More Information
Author: indopool

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