Arbitrade - What we know so far..
Arbitrade has been working towards something very unique and far greater than what most other startups have done in the cryptocurrency space thus far.
Arbitrade Are Providing:
A family of tokens backed by precious metals including Gold, Silver, Platinum and Palladium
Collaborating a qualified and experienced board of executive directors
Launching a decentralized exchange for trading not only it’s native backed tokens but other high valued cryptocurrencies
An Investment bank level cryptocurrency arbitrage trading platform
Arbipay – Arbitrade’s very own proprietary payment gateway for business and individuals
Arbicard – a crypto card allowing for major cryptocurrency prepaid debit card transactions
Cryptosync gift cards – the worlds only cryptocurrency gift card redemption program
Dynocrypt – for encrypted data transfer and storage. A decentralized way to transfer protected information through the internet and stored on Arbitrade’s Blockchain for future reference
Dynocrypt for KYC – a decentralized way to share confirmed ‘know your customer’ details through Arbitrade’s blockchain protocol
Fully operational Mining facilities with scope for 65,000 units. View video footage of one of the facilities.
Domicile Head Quarters in Bermuda resulting in full compliance with local & International legislation.
Very first, fully legal, ICO. Arbitrades license expected to be passed during summer of 2018, check Timeline
We will now take a closer look at each of these, to give you a better understanding of how they will revolutionise your future.
1. Creating A Family Of Tokens Backed By Precious Metals Such As Gold, Silver, Platinum And Palladium
Refer to the Cryptobontix Inc. page to learn more about the family of tokens.
Please note: Arbitrade has acquired Cryptobontix and although both have different but complimentary business models, it is a symbiotic relationship benefiting both parties to bring you this technology.
2. Collaborating A Qualified And Experienced Board Of Executive Directors
The Arbitrade board members make all the decisions of the company for advancing structure. The plan is to build a Fortune 50 style company over the next ten years. Some board members may change from time to time, based on experience and needs of the company, and positions may shift as the infrastructure grows. Anyone exiting the board will be replaced with an equally impressive person with similar credentials.
Source: Arbitrade Update
The executive board of directors at Arbitrade includes:
Leonard Schutzman – CEO (Chief Executive Officer) at Arbitrade
Brent M. Longnecker – Chairman of the Compensation Committee at Arbitrade
Charles Woodworth – Director at Arbitrade
Daniel Sweet – Director at Arbitrade
David Sagal – Director at Arbitrade
Jason Springett – Director at Arbitrade
John Macneil – Director at Arbitrade
Larry Meyer – Executive Vice President, Chief Financial Officer, & Director at Arbitrade
Mohammed Markatia – Director and Senior Vice President of Technology at Arbitrade, & President and President of Technology at ArbiPay (Arbitrade’s payment systems subsidiary company)
Leonard Schutzmann
Member of the PepsiCo management team for 18 years.
Consultant of Olie, Inc. since April 2013.
Operating Executive Evercore Capital Partners and Evercore Partners LLC.
Chief Executive Officer and Chairman of Triad Capital Corp.
Brent M. Longnecker
More than 30 years experience in consulting for public and private organizations
Also serves on the board of the National Association of Corporate Directors(NACD).
Larry Meyer
Has a wealth of financial management experience;
10 years with PepsiCo where he expanded Pepsi Cola International and restructured operations.
10 years Chief Financial Officer at Toys R Us International where he expanded the business
CFO of Gymboree where he turned around the company.
A decade Executive Vice President and CFO of Forever 21 growing it from regional to international.
Mr. Schutzman said,
“Larry’s brilliance as a strategic thinker, combined with his deal making ability and formidable international experience, makes him a perfect addition to Arbitrade’s executive leadership team.”
Mohammad Markatia
Arbitrade’s Senior Vice President of Technology.
President and President of Technology at ArbiPay (Arbitrade’s payment systems subsidiary company).
Mr. Schutzman said,
”Arbitrade and our subsidiary company, ArbiPay, are fortunate to have the services of these 5 talented executives. They add strength to a Board of Directors and senior management team that provides experience and capabilities which are unrivaled in the fast growing and dynamic crypto currency and payments industry.”
As well as the board of directors, Arbitrade have appointed two principal consultants to work directly for the company based on contracts.
The Principal Consultants at Arbitrade include:
Hayden Gill
Recognized as one of the world’s top cryptocurrency mining consultants. He has been aggressively negotiating deals to partner with the world’s top manufacturers of mining rigs, chips, and cards as Arbitrade wants to become a dominating leader in the cryptocurrency sector.
2. Troy Hogg
Troy was the visionary and original designer of everything Arbitrade. From the all-in-one merchant banking platform to the bullion-backed tokens to Arbipay and the mining structure, it was his design that has been behind what we have been aggressively building for the future. Troy has overseen the development, acquisitions, government negotiations, bullion partnership and is involved with all significant growth decisions of the overall business. His contract is based on seeing the development and growth of Arbitrade until the ICO ends and the platform officially launches. Troy made a deal with equity partners, the board and development teams that he would be compensated for his vision and efforts upon his resigning from Arbitrade to pursue improving his health and other endeavors. Troy had temporarily left the company prior, but the board and management found that he was an invaluable negotiator and could convey the vision the best, so he was asked to return as a consultant.
Source: Arbitrade Update
3. Launching A Decentralized Exchange For Trading Not Only It’s Native Backed Tokens But Other High Valued Cryptocurrencies
Arbitrade Inc. is planning to launch an all-in-one decentralised exchange from September 2018 with the aim of becoming the no.1 market place for business and investment.Similar to the likes of Coinbase and it’s exchange GDAX, the Cryptobontix and Arbitrade family of tokens are claimed to be:
100% reserve guaranteed
Working with Brinks & Backed by Lloyds of London insurance (unverified June 2018).
Once confirmed, this should give investors peace of mind should any problems arise, such as if the company goes into liquidation, government regulations come into play or hackers steal any tokens.
Issues with centralised exchanges
In today’s current markets all the major exchanges, such as OKEx, Binance, Huobi, Coinbase and Bitfinex, are all centralised. There are advantages to the centralised system, but it adds unnecasary risk;
Hold your funds as a third party in transactions. These large sums of money are prime targets for hackers as we have seen with the Mt.Gox fiasco as well as other leading exchanges. In short, millions of dollars have been stolen from centralised exchanges.
Require a lot of personal information to be submitted creating privacy issues.
Are prone to server down time.
Market manipulation by ‘professional traders.’
“Right now, we are in the middle of incorporating 11 top-level, cross-integrated applications into the Arbitrade platform, which is quite an accomplishment.” Arbitrade Management
Decentralised Exchange Solution
Decentralised exchanges, or DEX as they are commonly known are gaining popularity because they:
Allow regular investors and traders the ability to leverage faster trades whilst allowing you to keep your funds in a secure wallet off the exchange.
Provide anonymity with no server down time and safe from hackers because of the design and security of the respective distributed trading systems.
Vitalik Buterin, Founder of Etherium, said,
“DEXs reflect the same trustless nature of the cryptocurrencies they trade. Transactions are peer-to-peer, without a third-party centralizing funds as an intermediary. Your funds are in your wallet until you trade them, and DEXs also allow for more privacy. But most importantly, DEXs bring fast, fair and easy trading to regular people without wait times.”
In summary, the main differences between centralized and decentralized exchanges are outlined below:
** Please visit www.blockchainbullion.io for additiona info **
4. Investment Bank Level Cryptocurrency Arbitrage Trading Platform
5. Arbipay- Arbitrade’s Very Own Proprietary Payment Gateway For Business And Individuals
6. Arbicard – A Crypto Card Allowing For Major Cryptocurrency Prepaid Debit Card Transactions
7. Cryptosync Gift Cards – The Worlds Only Cryptocurrency Gift Card Redemption Program
Arbitrade has partnered with Next Group Holdings to provide the first pre-paid cryptocurrency gift cards, which will become available in over 30,000 stores.
The goal is to have the pre paid cards in denominations from $25 to $1,000.
The benefits of these pre paid cards are:
Facilitates the purchase and transfer of cryptocurrencies
Buying and trading cryptocurrencies on the Arbitrade exchange
Top retailer gifts card, restaurants and more
Purchasing goods and services through the Arbipay platform
(Source: PRNnewswire)
8. Dynocrypt For Encrypted Data Transfer And Storage
A decentralized way to transfer protected information through the Internet and stored on Arbitrade’s Blockchain for future reference. View patent.
9. Dynocrypt For KYC
A decentralized way to share confirmed ‘know your customer’ details through Arbitrade’s blockchain protocol. View patent.
10. Fully Operational Mining Facility With Scope For 65,000 Units
Refer to the Cryptobontix Inc. page to learn more about the mining facility. View video footage of one of the facilities.
Again, please note: Arbitrade has acquired Cryptobontix and although both have different but complimentary business models, it is a symbiotic relationship benefiting both parties to bring you this revolutionary digital asset.
11. Arbitrade Head Quarters To Be Established In Bermuda
Bermuda is a well regulated country led by the Bermuda monetary authority. The country is making huge steps forward as a pioneering nation in the fintech space, their ambition and drive supersedes nearly all others and can rival Switzerland.The company has been working hard to be approved as a regirstered company in Bermuda and become a legally licensed and insured company.
12. Arbitrade Decentralised Exchange (DEX) Initial Coin Offering (ICO)
Once Arbitrade has it’s license in hand the company will proceed first with their 8-week legally approved ICO, this will be followed by the launch of the Arbitrade platform in late August / early September 2018. Keep track of the progress on the Timeline
Additional Information
Arbitrade is registered in Bermuda where it’s head quarters will be located.
Steve Braverman, who was credited with operating the trading desk at Knight Securities and other investment houses for many years, will oversee the build-out of the Bermuda operations located at Victoria Hall, which is Arbitrade’s new seven-story office tower.
Bermuda is the gold standard for banking and the reinsurance industry.
They have been passing the laws to make Bermuda the gold standard in an additional industry, fintech, primarily based on cryptocurrency, which they wish to refer to from here on as digital assets. Arbitrade has been working with the government of Bermuda to help establish this new industry.
Arbitrade has been in talks with many other countries that could potentially be a subsidiary location for Arbitrade.
It is Arbitrade’s desire to have a license to operate in the United States, Canada, Australia, and the United Kingdom. The teams that have been in these talks will solidify these negotiations between now and September 2018.
Source: Arbitrade news update