AZBIT: Blockchain Investment Banking

Blockchain is a disruptive technology platform that uses cryptography and a distributed messaging protocol to create a shared ledger between trading counterparties to execute simple transfer of asset ownership or more complex transactions using ‘smart contracts’. The data on the ledger is pervasive and persistent and creates a reliable ‘transaction cloud’ as that transaction data cannot be lost or corrupted by any of the participants

There are many possible applications of blockchain technology in investment banking. Suggested use cases in testing mode include KYC/AML data sharing, trade surveillance, regulatory reporting, collateral management, trading, settlement and clearing. This transformation has the potential to make trading processes far more efficient, improve regulatory control and eliminate unnecessary intermediaries.

Introducing Azbit, Blockchain Investment Banking

Azbit operates as a full-service investment bank focused on blockchain technology. It is a one-stop solution for clients - opening the new world of crypto assets and delivering it via the best practices of traditional finance.

Azbit is set to overcome all the functional limitations of the traditional finance and cryptocurrency based financial market.

The main objectives of the project are to meet the needs of cryptocurrency projects and users for traditional financial sector services, and to provide access to investment products and to the crypto trading markets.

What Azbit do

Azbit provides the bridge between traditional finance and the blockchain world. It aspires to be the all-in-one platform for clients interested in seizing the opportunity of crypto finance. By doing so, Azbit enable the technology to enter the financial mainstream and traditional investors to access the digital asset opportunity.

Azbit Services

Azbit four main components offer end-to-end solutions for blockchain businesses, private individuals, traders and investors.

Azbit principal services include: Banking service and payment processing, multi-currency exchange, investment platform and the Azbit.ID secure identification system.

Additionally, Azbit also provide a new market capitalization resource (CMC.IO), cold storage wallet (AZ Wallet), own blockchain network (AZ Chain), and traditional stock market (AZ Stocks)

Banking Service and Payment System

Azbit aims to work hand-in-hand with the traditional banking system allowing an ecosystem to be used by all. It will simplify the KYC procedures. Banks will allow integration of the cryptocurrencies with the payment card system and offer online transactions. Exchange of fiat currencies will be cheaper as well.

Multi-currency Exchange

Azbit Exchange will provide full access to crypto-crypto and crypto-fiat pairs. Traders with a limited deposit will be able to trade with leverage (crypto, fiat, currencies, funds) and to attract investors, increasing their potential profit.

There will be 2 exchange platforms called Azbit Pro and Azbit Global.

Azbit Pro: The Azbit Pro is the main trading platform of Azbit and it will be governed by EU laws and regulations. Operations will be done by AZS security tokens and Fiat currencies. The investment tools in this platform will be governed by EU laws.
Azbit Global: Here Azbit Tokens or AZ are used, which will offer cryptocurrency tools to operate outside the EU jurisdiction.

Investment Platform

Azbit provides an investment platform where traders and investors can have access to the following trading instruments:

SAMM (Share Allocation Management Module): Azbit supervises the portfolio of the traders thus minimizes the risk. SAMM accounts use margin trading which are especially useful for short-term trading.
RAMM (Risk Allocation Management Module): RAMM or copy trading is the most secure investment option. Here the investors can monitor the reputation, portfolio and success rate of the investors. The traders do not have any access to the investor’s funds. The investors can withdraw the funds anytime they want at the current exchange rate. The investors control all the trading activities. The profits are distributed equally between the investor and the trader.
Portfolio Management: In Portfolio Management platform, the investors can withdraw their funds instantly anytime. Traders create portfolio of their cryptocurrency assets and earn profit share on their growth. Azbit supervises the portfolios. Investors choose the most attractive portfolio and transfer funds. Traders distribute these funds on the portfolio. Investors can earn 45% of the trader’s profit. No agreement is needed and it is usually helpful for long-term investments.

Security System Azbit.ID

This system allows the user to use all the services of the project quickly and safely. Other projects built on the blockchain system can use Azbit.ID for automation, as well as to reduce the cost of money laundering.

Azbit Token Detail and Token Sale Information

The Azbit ecosystem will have its own AZ token. AZ Tokens are used as payment to the full range of Azbit services. AZ is implemented on the public Ethereum blockchain as an ERC-20 compliant token.

According to the website, the total token supply is 138,888,888,888 tokens. The initial price of 1 AZ will be 0.00012 USD. In total, for the further development of Azbit platform, the developers intend to collect in the course of public sales of 10,000,000 USD.

The AZ token will be distributed in the following manners:

60% TOKEN SALE
15% RESERVE FUND
15% TEAM
2% BOUNTY
8% ADVISORS

Azbit Team and Advisors

The project is registered in Switzerland. The site lists a team with 10 core members.

Max Zmitrovich is the Azbit Chief Executive Officer and Co-founder. His profile suggests that in 2002 he was a UK and Western Europe Business Development Manager. Chief Business Development Officer is Dmitry Gursky, who is described as being an expert in launching ICO projects and independent blockchain consultant to the government of the Russian Federation.

Alex Moroz is the Chief Marketing Officer and Azam Khodzhaev takes on the role of Chief Communications Officer. The other job titles in the team include Enterprise Risk Manager (Prof. Alex Siow), Head of Strategic Planning (Lam Riki Pham), Blockchain Lawyer, AML-specialist (Andy Yeo), Project Manager (Joachim Arthur Sorgho), Director of the Partner Department (Nikolae Kukuta), and Business Development and Investor Relations (Yulia Gushchina).

In addition, there are a total of 7 Advisors listed. These include founder and CEO of Bitcoin.com, Roger Ver.

Roger Ver is best known for his work for Bitcoin. In his circle he was even given the nickname Bitcoin Jesus. He was the first person in the world to start investing in Bitcoin startups almost alone. Roger Ver is a weighty personality in the world of cryptocurrency.

Project Contact Information:

Website: https://azbit.com/
Whitepaper: https://azbit.com/#
Bitcointalk: https://bitcointalk.org/index.php?topic=5114152.0
Telegram: https://t.me/azbit_com
Email Support: support@azbit.com