Blockchain is a technology introduced by a person or group who named himself Satotshi Nakamoto in 2008. This technology is used in the first cryptocurrency of Bitcoin and one year later as the core component of Bitcoin, where every transaction occurring worldwide will be recorded on the Open Ledger network and accessible to all computers in the world. This blockchain system is peer to peer, so when someone sends 1 Bitcoin to a friend then his friend will also receive 1 Bitcoin without having to go through a third party in the transaction. The excess will cut the function of many third party cost such as fee fee, administration and others.
In 2017 is the momentum of the growth of the cryptocurrency market. Throughout the year 2017 cryptocurrency market capitalization grew by more than 3300 percent, increasing from 16 billion USD to 550 billion USD. Dozens of cryptocurrencies also experience price growth of up to thousands of percent. Party exchange also enjoyed a surge in the number of new members are extraordinary.
While the cryptocurrency market will continue to grow, Bitcoin's dominance is expected to continue to decrease. In 2016 Bitcoin's market share is still about 85 percent. In 2017 Bitcoin dominance fell to the level of 40 percent. This means more and more altcoin growing. In the year 2017 some altcoins that experienced tremendous growth include: Ethereum, Litecoin, Ripple, and Dash. In 2018 it is estimated that Bitcoin's dominance will be lower. It is not impossible that Bitcoin's throne as a cryptocurrency with the largest market capitalization will be captured by Ethereum or Ripple. One indication of the faded charm of Bitcoin is the loss of support from Bitcoin.com site managers who are disillusioned with the development of Bitcoin and have swapped all of its Bitcoin into Bitcoin Cash.
The new Altcoin-altcoin will continue to emerge in 2018. It is estimated that the number of new altcoins that will arrive next year will be more than 1000 kinds. The strategy of launching a new altcoin with hard fork techniques against Bitcoin proved successful with the birth of Bitcoin Cash and Bitcoin Gold in 2017. So it is estimated that the hard fork strategy will be re-used in 2018. In addition to hard fork, the trend of launching new altcoin is from its increasingly diverse product innovations such as a revolution in the financial industry or banking.
However, only a few altcoin-altcoins are stable in the cryptocurrency market. This is expected because the new coin holders are unfaithful. The coin holders only use to speculate and make a profit. In addition, it is also possible because of the use of coins that are less useful and have no innovation to fight the existing financial industry. So customers will sell coins and switch to traditional technology.
In the traditional finance industry, especially banks that still adopt traditional system, many problems occurred before that made a loss for customers. Such problems are like
- Carding is shopping using the number and identity of someone else's credit card, which is obtained illegally, usually by stealing data on the internet. The name of the culprit is "carder". Another term for this type of crime is cyberfroud aka fraud in cyberspace.
- Hacking is through a computer program owned by other people / parties. Hackers are people who like ngoprek computer, have the skills to create and read certain programs and obsessed observe its security.
- Cracking is a hacking for bad purposes. Unlike the "carder" that only peeps credit cards, "crackers" peek savings of customers in various banks or other sensitive data centers for their own benefit. Although both break through the security of other people's computers, "hackers" focus more on the process. While Cracker focus on enjoying the result.
- Defacing is the activity of changing the pages of other sites / websites.
- Phishing is a fishing activity of computer users on the internet (user) in order to provide information on user's self data (username) and password (password) on a website that has been deface. Phising is usually intended for the online banking users. The user data entry and password are vital. Fraudulent emails that seem to come from a store, bank or credit card company. This email invites you to do various things such as verifying credit card information, updating passwords and more.
With the presence of safe and reliable and transparent blockchain technology we offer solutions from Entry. Entry is Money, Exchange, Cash, Bank, Network. For more details about Entry please visit Official Website, read whitepaper and join in Telegram Entry. We believe this project will be successful and if you are interested please participate in the Entry project on this link. https://tokensale.entry.money/auth/register/
ENTRY
Entry is an ethnically based blockchain industry-based financial platform empowered by smart contracts. The entry platform not only acts as a bank by offering easy deposit, payment and lending services, cross-border payments, convenient ATM / withdrawal facilities, but also as a currency exchange for businesses and consumers alike. This service will make it easier for many businesses with various benefits as we know blockchain can eliminate the role of third parties in the payment process and others.Entry has a mission to help cryptocurrency achieve conformity to everyday transactions and to open up the crypto finance world for every citizen such as:
- To keep transparent records of all transactions in the ecosystem.
- To expand the use of cryptocurrency for purchases and payments around the business world.
- To create a simple and versatile platform to revolutionize traditional methods of handling the banking system.
- ENTRY's comprehensive product and banking services package will ensure new standards in banking and financial services.
- Entry.Money - Cryptocurrency and fiat payment gateway for e-shops. Personal and business account (deposit, withdraw, instant transfer cryptocurrency & fiat). Web and Mobile app versions. Debit cards.
- Entry.Exchange - Centralized and p2p ultra-fast and instant cryptocurrency exchange. High security standards, beginner friendly and worldwide supported service.
- Entry.Network - Open source code, wallet, custom blockchain, smart contracts, and custom Token creation platform.
- Entry.Bank - Blockchain technology enables fast and hassle-free cross border payments at a very low cost.
- Entry.Cash - Cash machine/ATM system. Transfer, cash out or top up with cash (using agents or cash machines). Payment gateway for POS (real shops, service providers). Payment cards will also be added in the future for ease of access for both fiat and crypto.
- ENTRY Token - Will be used in ENTRY platform as main cryptocurrency. Used in other platforms as main or side cryptocurrency. Tradable in exchanges.
Entry Insight
Entry wants to disenfranchise toll takers who are not adding any value to ecosystem. It believes in value generation for all stakeholders and its goal is to onboard as many users as possible to enjoy economies of scale. The pricing of its services will be kept low so that billions in the developing world can also join this fintech revolution.
For detailed info on 6 elements in Entry business please read whitepaper and visit Official Website or you can view this video.
Token Sale
Before the launch of ENTRY platform, it will undergo a Token sale exercise. The funds raised in the ICO will be utilized by the team to develop the Entry platform.
ENTRY Token ICO sale details
The price of ENTRY Tokens will depend on ICO stage:
ENTRY Token distribution
Conclusion
Entry is a project that bridges between traditional finance with modern technology that is cryptocurrency blockchain. Entry has a mission To keep transparent records of all transactions in the ecosystem; To expand the use of cryptocurrency for purchases and payments around the business world; To create a simple and versatile platform to revolutionize traditional methods of handling the banking system; The comprehensive package of products and banking services ENTRY will ensure new standards in banking and financial services. With the mission Entry project presents an ecosystem with 6 major elements of Entry Money, Entry Exchange, Entry Network, Entry Bank, Entry Cash, ENTRY Token. All these elements will facilitate the token holders and business actors who participate in this project. With the ease offered by Entry project we believe the project will be successful and its value will continue to rise. Therefore please participate on ICO Entry at the following link. https://tokensale.entry.money/auth/register/
For more information about ENTRY, you can visit links below:
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Website : https://entry.money/
Whitepaper : https://entry.money/ENTRY_Whitepaper_v1.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=3229958.0
Facebook : https://www.facebook.com/entrymoney/
Twitter : https://twitter.com/EntryMoneyICO
Telegram : https://t.me/Entry_Official
LinkedIn : https://www.linkedin.com/company/entry-money/
YouTube : https://www.youtube.com/channel/UCFgbl8yquCO9yiLP3kqXolg
Reddit : https://www.reddit.com/r/EntryMoney/
Medium : https://medium.com/@entry
GitHub : https://github.com/EntryMoney
Token Sale : https://tokensale.entry.money/auth/register/
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Username Bitcointalk : Arifandi
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1566717
ETH Address : 0x8d05B599687942Ed4EC008a95EEAa9565B738924