BDAM PLATFORM IS HERE TO REVOLUTION THE GLOBAL PAYMENT SYSTEM AND EXCHANGE FOR TRADERS
Mohammed Mizan
Executive Marketing & Sales at Bangladesh Foundry & Engineering Works Limited ( BFEW)
INTRODUCTION
This platform has an aim to design a universal payment system that would make people experience ease in payment. For this purpose to be realized, the BDAM token is designed and made the tool with which users can find a permanent solace in the finance industry. This explains why it has the perfect algorithm for the exchange of cryptocoins and is able to achieve that automatically. The automatic placing of orders for all types of transactions will make the tokens relevant as they would be bought and then that gesture would make the economy stable. BDAM will make use of the potentials of the blockchain to grow above the existing centralized exchanges inorder to fill their space and be the frontrunner in the exchange of cryptocoins and payments.
BDAM will draw an advantage from the technologies adopted to emerge and be strong in the financial ecosystem that needs its intervention. Machine learning algorithm is a power technology alongside AI which will both function as integrated in the project.
This is a modern day project built to satisfy the need of traders and to make all forms of payments possible through its network. It was actually created by an Hongkong foundation and its vision is to fine-tune the finance. So its experts have come together and has been able to develop a well structured payment gate as a part of the work description. Another part of this project is the hybrid exchange for the exchange activities. People from far and wide are made to see how useful this platform is and the great potentials it has so as to have them improve their living and financial transactions. BDAM is secure and can handle all payments transactions seamlessly. It doesn't charge exorbitant fees to provide these services and has overcome barriers that are set by existing system. With the way it operates different from how centralized exchange functions and at that you might think of it as a decentralized platform but it is way more than that because as an hybrid platform, it is like the development of decentralized networks, having the advantages of both Centralized and decentralized network.
If security is the problem that is taking the toll on traders then bdam is the way out. The security issues that has lingered for long on the blockchain is submerged with BDAM's unique architecture in combining the uniqueness of the decentralized exchange and that of the old centralized exchange and consolidating it to form a new hybrid structure that cannot be rendered useless. Security analysts are also employed to make sure the security components of BDAM is not hacked or infilterated. It also uses some trusted third party security audit team that will be in charge of the pool proof of trading to be given to users in the ecosystem. By virtue of the provisions made by the team, the platform has met the standard of security and can now conveniently allow users to trade while encryption is done across the client's terminals.
Trading accounts in this platform have the assurance of 100% security especially for all the information uploaded in the ecosystem. The information served into the system is protected through technical safeguard measure, administrative measure and by using the physical measure that makes them indestructible either accidentally or by any form of unauthorized alteration. It cannot be misused as well because measures like password protection are in place and some other controls for authentication that only users or owners of the information can access.
BDAM TOKEN USE AND SECURITY FEATURE
BDAM token offers great usability and can be adopted for use in real life cases and is a real object for payments for transactions and for shopping on e-commerce sites. It can be connected to different cards of the traditional banks such that it can be withdrawn and also converted to any currency. It actually completes the financial services provided by this platform and is very secured. Talking of security, BDAM has succeed in putting up a security feature which is an hybrid architecture of both the CEX and DEX asset exchange. This is what makes the security strong and uncompromising.
BDAM platform is able to meet the necessary security standard, that of the highest level through which encryption of data is done when data is exchanged between the traders. Users who are also traders or institutional investors can begin using BDAM by first creating an account in it and from their they can begin to operate in a private way that suits them and their transactions.
The native token of the BDAM platform is called the BDAM coin, an ERC-20 token that will fuel the operations of the system.
With this token, the users of the platform can pay different fees such as the transaction and withdrawal fees, exchange listing fees as well as BDAM pay subscription fee.
The BDAM coin will gets listed on the Contiger exchange on the 10th of July 2020, to let users easily exchange the token as represented on the pictographically presentation below.
CONCLUSION
BDAM will make holders richer, they will have access to the platform always and will find it easy to vote for any new opportunity or plan to be proposed. By so doing, the perfect stability would be achieved, the project is will override all fake ones and beautify users with the essential payments the BDAM pay would allow. The use cases are really not limited and despite the level of strength and usefulness it has, it is still nothing without you joining. So you are a big part of the system and you should subscribe to platform. Try as much as possible to start you journey with this project now and then have your payments done in the twinkle of the eye.
USEFUL LINKS
Website: https://www.bdam.co/index.html
Whitepaper: https://bdamcoin.com/bdam-whitepaper_april_2020.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=5259527.new#new
Telegram: https://t.me/bdamcoin
Twitter: https://twitter.com/bdamcoin
Facebook: https://www.facebook.com/pg/BDAM-101978234917586
AUTHOR’S DETAILS
Bitcointalk Username: arsenalx420
Bitcointalk Profile URL : https://bitcointalk.org/index.php?action=profile;u=1767745