In our CommerceBlock ICO review, we are listing all of the details about this new prosperous ICO. If you are new to it, you should know that it is also new in the cryptonews. However, there is a reason why many are investing in it and its concept is pretty interesting.
To begin with, we should say that this is an ICO where the team is actually focused on getting tools and API ready for financial developers to build systems on the back of the blockchain and the BTC/ETH technology. The team believes that there is a huge amount of funds which resides within the traditional banking system and is plagued by nepotism, delays, centralized control and wastage.
Another part we would like to highlight in our CommerceBlock ICO review is that the team wants to liberate the funds from centralized control and bring in more security and transparency as well.
The fact that the current storage of large amount of funds within the legacy banking systems is a cause for worry for a lot of people in the world. Still, it remains to be seen whether the blockchain would become the liberating force that these funds need so that they are made more accessible to the retail clients who would love the transparency which the blockchain can bring in.
As we said above, the current financial system involves the presence of funds within an age-old banking system with centralized control. The CommerceBlock ICO review shows that there are a lot of inefficiencies that this projects can solve.
They are also in the blockchain news for stating that this technology would help in the decentralization of control and that it can be used by any individual or business to manage trade flows, hedge currency risk and any such kind of business transaction.
The team at CommerceBlock is a small one (from what we can see from their website and white paper) but they certainly have a lot of experience on the blockchain. Full of advisors and expert scientists, the development and maintenance of APIs and SDKs on the blockchain would require a lot of development effort and they plan to hire more developers for this purpose once the funds settle in after this ICO.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
DC Forecasts - Newsletter and get recent news directly to your inbox! Daily Newsletter Bitcoin NewsAltcoin NewsLitecoin NewsEthereum NewsBlockchain NewsBitcoin ScamsRegulationExpert AnalysisPress ReleasesCardano NewsRipple NewsLibra NewsBitcoin Cash NewsTron NewsNexo NewsVechain NewsStellar NewsTezos NewsBinance Coin NewsCoinbase NewsChainLink NewsEOS NewsIOTA NewsTether NewsBitcoin SV NewsMonero NewsEthereum Classic NewsDash NewsUNUS NewsCosmos NewsMECX Token NewsNEO NewsDC Forecasts Announcements
Daily Newsletter Bitcoin NewsAltcoin NewsLitecoin NewsEthereum NewsBlockchain NewsBitcoin ScamsRegulationExpert AnalysisPress ReleasesCardano NewsRipple NewsLibra NewsBitcoin Cash NewsTron NewsNexo NewsVechain NewsStellar NewsTezos NewsBinance Coin NewsCoinbase NewsChainLink NewsEOS NewsIOTA NewsTether NewsBitcoin SV NewsMonero NewsEthereum Classic NewsDash NewsUNUS NewsCosmos NewsMECX Token NewsNEO NewsDC Forecasts Announcements
DC Forecasts provides a comprehensive source of the latest news about cryptocurrency news daily. Read more on our about us page for details.