summary: Mineplex (PLEX) (Launched 2020), is a Liquid cryptocurrency token created on its own (MinePlex) blockchain...
content: Mineplex (PLEX) (Launched 2020), is a Liquid cryptocurrency token created on its own (MinePlex) blockchainand utilized as a payment tool within the Mineplex ecosystem. Mineplex, a new-generation mobile crypto bank, is a unique Cross-Financial project that utilizes the synergy of stability and liquidity of traditional financial instruments with the security and transparency of the Blockchain to offer its user a standard and reliable cryptocurrency banking platform. Company & Team MinePlex (PLEX) is a registered company with the legal name Mineplex PTE LTD located in Singapore. Having a company size of 11- 50 members in different parts of the world. !Screenshot-2020-12-21-144306png.pngTeam MinePlex MinePlex PTE LTD harnesses so much brainpower and exquisite levels of expertise from its core team to ensure the accomplishment of the company's vision of creating a reliable, functional, and convenient mobile Cryptobank for daily Cryptocurrency use by anyone anywhere in the world. MinePlex PTE LTD core team member includes: | Name | Position | Description | Link | | ---- | -------- | ----------- | ---- | | Sulaiman Al-Fahim | CEO | He is one of the world's leading intermediaries of international business; A goodwill ambassador, A Philanthropist, and a Multimillionaire who Entered the list of Arabian Business's “Most influential Arabs in the world. | | | Vladislav Babitsky | CTO | He is a senior level developer in IT since 2010, having more than 50 projects successfully implemented, in the areas of e-commerce, Fintech, Blockchain, Medicine, computer vision, and satellite monitoring. | | | Alexander Mamasidikov | CMO | He is an expert in Cryptocurrency and Digital marketing. He has been developing and implementing PR strategies for more than 13 years and has since 2015 been working in global Fintech and blockchain projects. He ranked in the Top 20 on blockchain entrepreneurs in version Publish0x | | | Sergey Sevencan | Director of Mineplex University | He is a Mentor, Investor, and BizzMatcher of digital companies, Business Mediator. | | | Yuri Kozik | Team Lead | His major expertise is in Blockchain, Fintech, RPA- systems, Web 3.0, and has implemented and launched over 45 high-load projects. | | | Jorge Rodriguez | Head Information of Security | He is an ethical hacker since the age of 12, a computer security expert, a blockbuster developer, a PR-marketer, and a social manager. | | | Alexey Permtakov | Commercial Director | He is the developer of the Trezor Mini cold wallet, IoT trackers with Blockchain technology integration, and a multi-miner. He is also a specialist in banking and the blockchain industry, consultant to the world's largest banks. | | | Pavel Kramarenko | Head of Art Mineplex Banking | He is the Founder and CEO of Amprise Design. He has been developing and leading projects with the design team since 2012, and he is an Art Director and mentor. | | The MinePlex PTE LTD is equipped with able hands who are capable of realizing the company's mission in accordance with the organization's roadmap. Overview MinePlex Banking is described as a new generation mobile Cryptocurrency bank (Cryptobank) having its own liquid token. The project is based on an unequivocal balance between traditional Financial systems, block technology, and Mobile applications. The project was thus developed and implemented by the MinePlex Team, who saw to the development of the project's unique blockchain with a Liquid Proof-of-Stake (LPoS) consensus algorithm, which unifies advantages such as, operating speed, and decentralization for the actualization of this project. The MinePlex Crypto-Banking ecosystem aims to create a reliable and convenient mobile Cryptographic bank for every user's daily use of cryptocurrencies anywhere in the world for numerous functions, which include paying bills, buying goods, saving, and growing assets. “We are focused on creating an integrated ecosystem that will simplify the use of banking services and digital assets and be personalized and focused on the convenience of each client” MinePlex. MinePlex Banking’s mission is to expand Blockchain's influence and to integrate it comprehensively into real-life spheres. The platform wants to remove limitations when it comes to accessing the world of cryptocurrencies, which separate miners and ordinary users. The platform's system's own token, (i.e Mine and Plex) was issued to provide access to all the service’s benefits. The MinePlex crypto bank aims to issue Banking cards that shall be compatible with payment systems such as Visa, MasterCard, and UnionPay throughout the world. We want to introduce affordable, clear, and simple financial tools to use cryptocurrencies and Fiat- MinePlex. The MinePlex ecosystem practically offers users a new generation mobile Cryptobank with its own liquid token. Banking Threats & MinePlex Rest The MinePlex Banking system is designed to solve key user problems . Detailed below are challenges that confront banking, and the provided solution by MinePlex: | S/N | Challenge | MinePlex Banking solution | | --- | --------- | ------------------------- | | 1. | Limited use of Digital assets, payment options only in industries that acceptcryptocurrencies. | Convenient use of cryptocurrencies every day anywhere in the world | | 2. | Multiple security threats: hacking, malfunction, fraud. | The usage of modern technologies such as smart contracts to increase automation. | | 3. | Outdated banking platforms and equipment. | Usage of modern technologies for constant updates to keep the platform running. | | 4. | Delay in transfers (sometimes over a few days) | All payments are made within one minute of initiating a transaction. | | 5. | Users having issues with P2P exchange through sites withadditional registration, wasted time, and fees to pay. | A reliable and safe cryptocurrency exchange in one place, without unnecessary procedures and with minimal fees. | | 6. | The potential risk of users' having their cards blocked and inability to withdraw large amounts. | With MinePlex Banks, users can make legal purchase and sale ofcryptocurrencies. Users can also receive money tothe account in full. MinePle bank would not block a user's card with no substantial reason | | 7. | Users account being Frozen with no prior warning. | Transparency of bank-client relations and visibility of all transactions. | Ecosystem Mineplex (PLEX) ecosystem is a functional crypto-bank that is powered by a synergy of the platform's tokens (i.e Mine and Plex). The platform's base token, Mine, is the unit of computing power required to generate new tokens within the MinePlex network (ecosystem), and it also serves as a means of paying internal fees. !Banking-ecosystempng.pngMinePlex is thus governed by its tokens, Mine and Plex, but still spreads the tentacles of its ecosystem and its operations. The additional part of the MinePlex ecosystem includes Finance, travel, food, Loyalty programs, etc. Finance: The MinePlex's finance system offers banking debit cards with cryptocurrency Fiat . The platform's finance ecosystem is obtainable online with the provision of Cryptobank, Crypto wallet, exchanger, transfers, and payments Travel: This is an envisioned part of the Mineplex ecosystem that aims to offer users the useability of the MinePlex card without borders; as such coupled with automatic conversion of cryptocurrency and Fiat into local currency. The ecosystem's travel also includes paying for tickets and hotels via the platform's app. Technologies: The primary technology as employed within MinePlex's Crypto-banking ecosystem is the building of its own blockchain , which is powered by the platform's two tokens. The MinePlex also built its mobile application. Education: Banking- Classic Banks or Crypto banks This is another functional part of the MInePlex's ecosystem. The ecosystem aims to open its innovative MinePlex University, with an interest in expanding the base of interested, knowledgeable network users and integration of MinPlex project’s influence into new areas. Transport: MinePlex aims to have a Petrol station where payment of taxes and state duties could be done through its Application, thus allowing such utilities to be made available for users within the MinePlex ecosystem. Nutrition: MinePLex aims to allow users to access food by using its MinePlex card anywhere in the world where the MasterCard, Visa, Union Pay system is supported . Loyalty Programs and Purchases: Users of MinePlex will be opened to loyalty programs and can make purchases using the MinePlex card. Features The MinePlex cryptocurrency banking platform is embedded with the following significant features: !IMplementation-scheme-fpr-crypto-transactionpng.pngImplementation scheme for crypto transaction Mobile Crypto-Bank: MinePlex Banking is a trustable mobile cryptocurrency bank (CryptoBank) with a current account and classic payment transactions. Its location is basically on the user's mobile phone and works 24/7. So, with the help of Blockchain technology and the use of smart contracts, MinePlex bridges the gap and makes it possible for bank transfers to be made quickly and safely. With the MinePlex Mobile Crypto-Bank, users can: Pay rent and bills for utilities and other services; exchange different currencies; create savings; transfer funds between bank accounts; make interbank payments; have fiat accounts in euros and dollars; make international payments and transfers; keep money in both Fiat and cryptocurrencies; take out loans; refinance loans from traditional banks on favorable terms. Mul