$ 0.000 0.00%
Jibrel Network Token (JNT) Rank 3386
| Mkt.Cap | $ 0.00000000 | Volume 24H | 0.00000000JNT |
| Market share | 0% | Total Supply | 0.00000000JNT |
| Proof type | N/A | Open | $ 0.000002 |
| Low | $ 0.000002 | High | $ 0.000002 |
Jibrel
JNT will provide universal access to all features provided by the Jibrel Network and the relevant Jibrel DApps. To formally launch Jibrel, the Jibrel Network Token Sale began on Nov. 27, ultimately closing its hard cap a full month ahead of schedule on Dec. 27—demonstrating a clear industry belief in their cryptofiat token model. "We can agree that blockchains are amazing, and that the properties cryptocurrencies have are amazing—and we can agree that those two things when combined with smart contracts are amazing. Jibrel Network reached its highest price on 7 February, 2018, when it was trading at its all-time high of $ 0.932015. Jibrel’s smart regulation allows for the automatization of cash flow between sender and receiver, it verifies if the buyer is eligible to purchase the asset and if both ends of a given contract are met.
HitBTC is a platform for digital asset and currency exchange where you can quickly and securely trade Bitcoin, Ethereum, EOS, Tether and many other cryptocurrencies. Several trading options are present, including spot and OTC markets.
With Jibrel Network tokens, payment gateways, remittance channels and other money transfer use cases can be implemented. Jibrel Network deconstructs the system into multiple smart contracts that interact with one another, but can provide seamless updates.
With the Jibrel DAO smart contracts governing the mechanisms that facilitate the user to redeem the CryDR for the underlying value at a future date, lawfully and compliantly. Last weekend, the Experty ICO, which is still in the main token sale phase, had troubles with a phishing attack that took away $150,000 worth of Ethereum from unawares backers. Bitcoin Suisse claimed its system and data were sound, but hackers managed to steal the mailing list of ICO backers from a compromised laptop belonging to one of the project reviewers. Today, the Jibrel tokens were released to become movable, but concerns arose of compromised wallets.
Jibrel provides traditional financial assets such as bonds and equities as standard ERC-20 tokens, on the Ethereum blockchain. Jibrel provides currencies, equities, commodities and other financial assets as standard ERC-20 tokens on the Ethereum blockchain . Each of these networks implements smart contracts through their own "in-house" tokens.
Jibrel DAO Components
Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein. By bridging the traditional economy and the emerging cryptoeconomy, Jibrel provides more value and lower risk. Investors can tokenize cash and money market instruments and sell them on-chain, benefiting from on-chain / off-chain arbitrage. To round out this system, Jibrel needed to create a system for these assets to transfer among currencies easily, as well as a safe place to store the sensitive information.
These are individuals or other entities that aim Jibrel to hedge against volatility by obtaining stable tokens. This section outlines the set-up required for each participant to achieve their objectives on the Jibrel Network. To deliver this contract on-chain, six key components are required. Three provided by Jibrel Strategic Partners, and three provided by the Jibrel Network infrastructure / Jibrel DAO. Each CryDR represent a Smart Forward Contract between a liquidity provider and Network User.
Decentralized organizations and funds can used asset-backed tokens to hedge into more stable traditional financial instruments. The Jibrel platform is a on-chain / off-chain platform that allows users to tokenize traditional assets. Investors can use the platform to configure their assets, with regards to AML / KYC and compliance restrictions, and sell them on-chain for a profit. Jibrel Network Token (JNT) will act as the ‘fuel’ or ‘gas’ of the network.
This is the collection of Smart Contracts facilitating lawful and compliant transactions between Partners and Network Users on the Jibrel Network. The JNT token is still only traded on EtherDelta, the decentralized exchange fueled by smart contracts. The ICO completed at the end of last year, and now it may take months before the token proves its strength.
CryDRs have smart regulation built in; real-world rules and regulations are translated into solidity code to ensure that while decentralized, tokenized financial assets always follow real world rules and regulations. The Jibrel Network is aimed towards combatting problems and inefficiencies in the current worldwide financial system. Jibrel puts conventional currencies like the USD, the AED and the KRW on the Ethereum blockchain as the so-called jTokens. The jToken remains steady in value regardless of external market circumstances, and can be used as a payment method or converted back into fiat currency. The Jibrel Network provides currencies, equities, commodities and other financial assets and instruments as standard ERC-20 tokens on the Ethereum blockchain.
Related Cryptos
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Top ICO’s
- The Jibrel Network is aimed towards combatting problems and inefficiencies in the current worldwide financial system.
- The Jibrel Network aims to allow anyone to tokenize traditional real-world assets.
- Exchange your volatile digital assets for stable tethered tokens by using Jcash smart contracts.
- Bitcoin Suisse claimed its system and data were sound, but hackers managed to steal the mailing list of ICO backers from a compromised laptop belonging to one of the project reviewers.
- Decentralized organisations and funds can use the network to hedge into stable money market tokens or to store funds.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector.
Coinopsy
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The cash-backed CryDRs can be used to store send and receive money into any currency for free, and since CryDRs are regulated, all transfers go through a KYC process. We are the first protocol to allow anyone to put traditional assets such as currencies, bonds, and other financial instruments on the blockchain in a form of Crypto Depository Receipts (CryDRs). In the medium to long-term, Jibrel will focus on tokenizing debt instruments and their derivatives- thereby streamlining large portions of retail investment and investment banking operations. Jibrel provides traditional financial assets such as currencies, commodities, debt instruments and securities, as standard ERC-20 tokens, on the Ethereum blockchain.
Recently, the jCash network was launched, a system that tokenizes real-world assets like currencies, but also bonds, or other securities, into the ERC-20 standard. For now, we can only be hopeful that the Jibrel Network tokens based on fiat are completely backed by currency, and do not create another instance of the Tether tokens.
Jibrel Network (JNT) Chart
government-issued cryptocurrencies, typically backed by the central bank of said government. In other words, they're dollars, euros, or any other fiat currency underlaid by blockchain technology.
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice.
The Jibrel Network aims to allow anyone to tokenize traditional real-world assets. This will be especially appealing for those who see the writing on the wall in terms of regulation in crypto markets. Much has been made of all the ways blockchain and cryptocurrencies can potentially displace existing infrastructure. For all the ways it can't—and there are many—Jibrel is leading the way in integrating the cutting edge technology with traditional assets, laying the foundation for blockchain implementations on a global scale.
The big old financial institutions that handle most of the asset trading are very cautious and pessimistic towards most innovations and are very unlikely to just hand over their control to a small platform like Jibrel. In addition, the platform is quite complicated and the ins and outs can be quite difficult to understand to a regular user. TrackICO does not encourage investing in any ICOs published on the platform. Make sure to do your own thorough research before putting money into Initial Coin Offerings. All content on TrackICO is meant to be used for information purposes only, and should not be taken as financial or investment advice.
About Jibrel Network
Liquidity risks arising from the bottlenecks faced by exchanges in converting between digital and traditional assets. Fraud risks arising from a lack of oversight and governance, and systemic risks arising from project funding stored in cryptocurrencies locked in smart contracts. With volatile markets heavily influenced by speculation and consumer behavior, it is imperative that on-chain entities have stable assets to store funds. The Jibrel Network will provide developers with a complete platform to build tools and applications for transacting, investing and hedging, through leveraging traditional asset-backed tokens.
Jibrel Network provides currencies, equities, commodities and other financial assets and money instruments as standard ERC-20 tokens on the Ethereum blockchain. In the medium to long-term, Jibrel will focus on tokenizing debt instruments and their derivatives, thereby streamlining large portions of retail investment and investment banking operations. Jibrel lets users, brokers and investors tokenize cash and financial market instruments and set them on-chain for profit. Depositors receive Crypto Depository Recepits (CryDRs), which represent ownership of their assets within the Jibrel Platform. Decentralized organisations and funds can use the network to hedge into stable money market tokens or to store funds.
Jibrel Network is the first protocol to allow anyone to put traditional assets like currencies, bonds, and other financial instruments on the blockchain in a form of Crypto Depository Receipts (CryDRs). Our CryDRs have smart regulation built in; real-world rules and regulations are translated into solidity code to ensure that while decentralized, tokenized financial assets always follow real world rules and regulations. The cryptocurrency ecosystem has boomed for the last couple of years.
such as currencies, bonds and other financial instruments, on the blockchain. As the token appears on exchanges across geographies, Jibrel Network Token (JNT) will be able to deliver its utility and the team will be able to undertake pilot programs. This post discusses the underlying mechanics of the network, the required set-up phase, and the on-boarding process of network participants. But not even the best ICOs are immune from troubles in a largely unregulated market, currently beset by hackers attempting to divert more valuable tokens.
