Thursday, August 30, 2018

BITBOSE PROJECT



With the increase in population and depletion of resources, there rose the need to store goods for the sustainability in future. Soon these goods took the form of currencies and they were then regarded as a valuable asset to be kept safe for future goals. A vital part of it was keeping it secured from theft, which gave rise to banks. With the rapid growth of the banking sector, the banks acted as a boon for the wealthy and a bane for the inhabitants of the countryside. Everybody needs to be very well versed with their fund management system, so that not only they keep their savings safe, but also make sure that they are getting good returns out of it. There are various options to reinvest the savings, like in the form of share markets, Mutual Funds, Fixed deposit, and many others.
Banks have always remained a target for hackers because of the deposits and transactions being done there, which results in a high influx of money at one place. Although they had strict security guidelines, still were vulnerable to cybercrime. Above all, the electronic transaction in the digitalized world has made them more prone to hacking and unauthorized access by hackers. The centralized system of banking and other financial organizations are always under the threat of ransomware attacks. All this has made the banking system inefficient.
Offering solutions to the various problems of the banking industry, we have BitBose which runs on decentralized blockchain based operations to maintain the transparency in the banking system. They use BOSE ERC20 token as their currency to perform transactions on their platform. The AI bot helps in investing and gives analysis report and suggestions. With the help of machine learning, BitBose banks avail loans and consider deposits and savings to verified candidates.
Moving to trade and investments, the buzzword of the decade is cryptocurrency. They are the evolving currencies with numerous benefits. The BitBose platform eliminates the fraudulent financial mechanism, slow processing and lack of flexibility that exists in the present banking system. Investing in cryptocurrency and fiat loans has never been this simpler as with the help of BitBose.
It also offers profitable trades through BitBose portfolio funds. The AI-powered bot, SPIKE, is the most important feature of BitBose. It combines both quantitative and qualitative analysis of market movement and guides you in investing in the more profitable way. The intelligent analysis provided by it is the combined result of their in-house expert analysis and Machine learning algorithms, which makes the bot smarter.
BitBose also provides the payment gateway solution for transacting in cryptocurrencies to various interested organizations. It provides facilities for providing loan on the basis of cryptocurrency in the form of fiat currency. All of the above features are made possible through the means of smart contract system of the blockchain technology.
We need advancement in technology to replace the disruption in the banking system and provide the customers with several banking opportunities. The banking sector is the financial backbone of a nation and is the sole treasurer of people. The management policies followed there should be aptly convenient, secure and robust. The conventional structure is not user-friendly and fast, as it should have been. BitBose is going to be a key player in eliminating these flaws. Another major part involved in financial sector is investment of money in various schemes or in trading market to revive the valuation of savings and earn from them. It should be fairly transparent and the policies should be well explanatory to the customers. Detailed analysis allows the customer to make a high return on investment portfolio.
Telegram - https://t.me/bitbose
Author : Maniecool                                                                                                                      

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