"We are making Blockchain so easy that even my grandmother can use it," says Jan-Petter Janssen of Coinweb, a revolutionary financial platform based on the Blockchain that has made access to variety of cryptocurrencies "as easy as email".
Coinweb also offers a plug and play solution & capital raising services for existing businesses - tech or from traditional sectors - who want to expand onto the Blockchain. With the Coinweb solution, expertise and network, any business wanting to use Blockchain technology can shave off up to two years in development time. A number of teams are in active talks to use Coinweb platform to manage their upcoming ICOs.
Coinweb includes a decentralised exchange allowing to create and trade financial instruments without a middleman. As an unified development platform, it makes also life easier for developers and puts an effective fee cap on Bitcoin and other cryptocurreny transaction costs that have been exploding in 2017. Coinweb also allows also for smart contracts and extensions between so far segregated crypto universes and easy integration of future coins as well. With its global team, expert board members and in-house Counsel and Compliance, Coinweb also aims to be a leader through best practices and high Governance standards.
Hear from Jan-Petter (JP), Toby Gilbert and Operations Director Lexi Willetts:
Uses of the Coinweb Multichain Token Platform
How Coinweb ensures lower transaction costs
Coinweb’s Incubation Platform
Plug & Play: How businesses who want to get onto and utilise Blockchain technology and shave off up to two years development time
Personal background: From programming stock trading robots, Harvard University, interning at Victor Niederhoffer’s hedge fund to creating a new financial system
Coinweb is an application layer compatible with major cryptocurrencies such as Bitcoin, Ethereum, Ripple, and Litecoin. The Coinweb protocol uses human readable addresses to enable user-friendly peer-to-peer transactions, simple application development, and creates a platform for thousands of services to be easily integrated with the blockchain. It also adds new and exciting features to major crypto projects such as Litecoin, Bitcoin and Ethereum –opening up unprecedented opportunities for developers and vastly simplifying the end-user experience.
Coinweb’s user-friendly, human readable wallet address format replaces the hash addresses currently used by major cryptocurrencies. Extensions can be easily added to existing wallets; introducing a single unifying standard that’s designed to work across all blockchains. This feature will give every user an easy-to-read and remember wallet address; instead of a long and complicated hash.
Coinweb enables everyone to issue their own tokens and smart contracts – starting with Litecoin, with the aim of becoming blockchain-agnostic in the future. The intention is to open up new possibilities for App developers, allowing them to integrate their projects with established crypto coins.
Coinweb contains a decentralized exchange which facilitates trading between popular coins, such as BTC, ETH and LTC, and user-created tokens. Layers on different chains enable users to cherry-pick features and vastly improves scaling.
Coinweb is designed with economic incentives in mind. The native token, XCO, dynamically balances a desire for low fees with the necessity of a smooth running network. Even node operators can collect fees to redeem their costs, as the maximum capacity is higher than most decentralized projects. Technically, Coinweb is set of consensus rules that anyone in the world can verify. With every transaction recorded on an underlying major blockchain, immutability and censorship resistance are guaranteed with Coinweb. This approach has been successfully battle-tested since 2014.