The entire ecosystem currently leverages some form of customer gullibility and helplessness to their benefit. Whether it is banks, markets, or advisors, all these elements of the system are part of this unjust industry.
Trade.io set out to change just that. But, in order to create a robust and democratic ecosystem based on the efficient peer-to-peer platform, the blockchain startup needed a successful ICO and a validation from the market itself.
So far, the startup’s journey has been smooth sailing with the pre-ICO proving to be an enormous success with over $11 million worth of trade.io’s TIO tokens sold. They’re moving much faster than one would expect a fledgling startup to move.
Recently, the blockchain-based company has made two big moves: one that announces their arrival in the industry; and the other, which is indicative of their overarching philosophies, i.e. advancing the technology.
First, let’s begin with the latter.The Switzerland based company has a vast network of experienced individuals working for the success of the platform. This is important because the knowledge of several facets of the industry such as finance, investment, and FinTech among others is essential when you’re building a platform of this scale.
However, trade.io is going one step further by funding a post-doctoral research program for two students. The program is set to take place at the University of Nicosia with a specialized focus on DLT, or Distributed Ledger Technology.
The areas entailing this research will be focused on the interoperability of cross-chain, and side-chains as well as the best implementation and practices for corporate governance of smart tokens. The idea is to enhance the infrastructure that supports Distributive Ledger Technology on the blockchain technology. The application process for the research has already begun.
The University, too, has been an active participant in the blockchain revolution. It has allowed the use of Bitcoin in the payment of tuition fees and even has a Master’s degree dedicated to the rapidly growing technology.
The second major event in trade.io’s journey since its pre-ICO has to be the beginning of its partnership with one of the most popular exchanges in the world, HitBTC. Now, the Trade tokens, also known as TIO can be traded against the likes of Bitcoin and Ethereum.
This was a promise that the company had made to its investors. However, the promise was to be listed on a major global exchange a month after the ICO had launched. The partnership with HitBTC materialized just a week past its pre-ICO sale, which makes this a much bigger deal.