Ankorus Whitepaper - Trade Securities and Bitcoin Futures

Ankorus Whitepaper - Trade Securities and Bitcoin Futures

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Founders
John Cruz, Shawn McLean, Haldane Marnoch, Martin Higgins, Craig Absiyeh-Echmeier
Abstract
The advent of blockchain technology allows for the creation of asset-backed tokens, where each token can be pegged to the value of a corresponding security held in reserve. Blockchain technology also enables the transcending of old geographical barriers to entry. Tokens can be traded online from anywhere, quickly and cheaply, and can be sold as fractionalized assets, further lowering financial barriers to entry. Ankorus will establish an online exchange populated by any financial asset currently available worldwide. Various auditing measures will be taken to establish transparency, and customers will be able to validate that tokenized assets are fully backed and held by Ankorus. Ankorus prioritises responsive customer care as a core value.

Mission
Ankorus will forge a vital new connection from the crypto sphere to the established world of finance, enriching both with enhanced levels of opportunity and security.

Summary
Ankorus will enable cryptoholders to buy real world financial assets. In exchange for cryptocurrency, Ankorus will create and allocate tokens that are exactly value-pegged to their corresponding assets. The natural result we expect to be a radical disruption to the traditional financial world, which too often serves too few.

Where some rivals simply expose their customers to assets, Ankorus will actually secure and hold them for you.

Cryptoholders could truly diversify their portfolios across multiple asset classes. Harnessing innovative technology, Ankorus is initiating a new landscape of frictionless trading, beyond geographical boundaries and prohibitive financial barriers.

Vibrant markets require liquidity, and by our plan to link the crypto world with that of finance, trading volumes will assuredly – and markedly – increase. Ankorus will open multiple new channels for the movement of wealth, and this additional liquidity will also facilitate exits to more stable holdings from volatile markets. Where previously cryptoholders found themselves lost at sea, Ankorus will empower its users to anchor in a safe harbor of their choice.

It is worth noting that the still immature and evolving crypto sphere has too often been caught napping when it comes to the matter of security. A pervasive sense of vulnerability gnaws at many there as they know, at any time, their gains might fall prey to hackers or other misfortune.

With Ankorus, peace of mind will be bestowed by our next generation smart wallets and innovative exchange procedures, where we will set new – and needed – standards in security and service. Twenty-four hour multilingual customer care will be on hand to attend to any account issue customers might have, whether breached security or simply a mislaid password.

Ankorus intends to become a fully registered broker-dealer and acquire membership on a large and reputable exchange, securing the cheapest commissions for our customers and enabling all the best practices. Assets purchased and held by Ankorus will be insured and audited on a regular basis, for we recognize that trust and transparency are two of the most crucial ingredients in fostering sustained growth. Additionally, we will also establish AnchorNet, our unique trading platform that will form the nexus between the crypto and finance worlds

With all the requisite track records, our core team and advisors are well positioned to lead the crypto expansion into the financial world. The brainchild of seasoned trader CEO John Cruz (a veteran of global exchanges such as CME, CBOT and Eurex), Ankorus was born from a deep personal dissatisfaction with the old model. The resulting solution arises from a natural synthesis of breakthrough technology and more than two decades of hard-won trading experience.

The Ankorus team is filled with experienced professionals from the financial community, including a former member of Morgan Stanley’s global FX business, and senior software innovators from the frontiers of technology, including one of Zynga’s original engineers. Our solution is the inspired but logical crystalliaation of where we’ve been and where we’re all to go next. In common, we share a conviction that the time is both right and ripe to disrupt the legacy financial order, to potentially supplant it with an update more fitting for the twenty-first century.

Ankorus will flatten barriers, level the playing field and seed a new ecology, cultivating true fair play for all participants.