KuBitX+Modulus: A Unique Partnership

KuBitX Exchange
Jul 14, 2018 · 4 min read

In the Blockchain and Cryptocurrency space there are some really prevalent problems:

  • Lack of execution of projects
  • Over-hyped and unrealistic projects
  • Lack of expertise and over dependence of third parties
  • Lack of proper security leading to exchange hacks
  • Scalability issues
  • Scam/Fictitious individuals
  • Difficulty dealing with fiat currencies
  • Lack of good customer support

The list goes on.

KuBitX, leveraging on it’s partnerships as well as the combined in-house professional experience spanning over one century, is positioned to create a new style of delivering Exchange and Financial Services that addresses the real needs of customers in the emerging markets.

This is where Modulus Global’s proven track record comes in.

For more than two decades, Modulus has provided advanced technology products and services to clients including The NASDAQ Stock Market, J.P. Morgan Chase, Bank of America, Credit Suisse, Barclays Capital, Goldman Sachs, Merrill Lynch, Fidelity, TD Ameritrade, Devon Energy, IBM, Microsoft, Yahoo!, Google, Cisco, Adobe, Ford Motor Company, SAS Institute, Rutgers University, University of Chicago, MIT, Oak Ridge National Laboratory, NASA, and thousands of other corporate, educational, governmental, and non-profit institutions, throughout 94 countries. Modulus products and services reach millions of end users around the world.

The team at KuBitX knew that to meet it’s core vision:

  • Education/Awareness
  • Inclusion
  • Adoption

There was need to build on a solid foundation of professionalism, experience and proven record of results from an organizational and individual levels.

KuBitX wants to be active contributors in shaping the process of technological development in the emerging markets and has gathered a team of professionals from various multinational organizations, fortune 500 companies, and “Big Four” consultancy firms, such as (Google, Amazon, Dell, PWC, Huawei etc) who have one purpose of collaboration and partnership to bring to the world, the fastest, transparent and all-inclusive exchange. A significant part of founders and team members are based out of Africa, which is viewed as the greatest asset given that African continent is unexplored, untouched and unexploited as far as crypto or Blockchain innovation is concerned.

The basis for the distinction between us and others will be our way to deal with the business. We will in addition to other things give, transparency to exchanging, speed of transaction, security, responsive client support and a really worldwide trade regardless of geographic areas. Our exchange will be a way to open up the emerging market economy which will help everyday people, the unbanked and underbanked. To do this we started with having the traditional financial services integrated from our start.

Some of the Advantages of our exchange are:

Performance:

- Our exchange processes up to 12+ million transactions per second.

- Our exchange matches up to 12+ million orders per second.

- The latency of transactions on our exchange is as low as 40 nanoseconds.

Features:

- First Crypto Exchange with an in-built Financial Services Provision natively designed from scratch.

- Our exchange features trade surveillance based on machine learning.

- Our exchange monitors for market manipulation using machine learning.

- First Crypto Exchange with a unique product and Initiative to keep the exchange close to the people by having a strong channel system to drive education and adoption for the emerging markets

- Support of users planned to be customized and higher budget allocated

Technology:

- Most advanced technology in trade engine development implemented.

- Our exchange is powerful, robust, and secure.

- Our exchange is carefully built with regulatory compliance as key priority. KuBitX exchange is the most future ready and the most regulation ready exchange.

- Our exchange is powered by Modulus.

Modulus solutions are not generic, the exact requirements of KuBitX are met by customization of Modulus products and services.

Modulus’ developers, engineers, and data scientists are experts in Financial Engineering, High Frequency Trading, Trading Platform & Exchange Design and Development, High Performance Computing, Deep Learning A.I., and Predictive Analytics. These have been their competitive strengths for over two decades.”

Modulus exchange solution is versatile. Unlimited tradable assets can be listed, including digital assets and fiat currencies (if a business is licensed to deal in fiat currencies).

Cryptocurrencies, forex, equities, precious metals and commodities, futures, bonds, and other assets can be traded with Modulus exchange solutions.

With the partnership between Modulus and KuBitX, we are making a huge difference in the crypto exchange space. We are here to create together a lasting Hybrid Cryptocurrency Exchange that won’t only take care of some part of the world, but the entire Globe.

Know it. Have it. Secure it.

Website: https://kubitx.io/

Telegram Community: https://t.me/kubitx_official