NAUTICUS
Nauticus provides user-friendly, efficient and secure crypto banking, payments and eCommerce solutions utilizing blockchain technology, underpinned by the Nauticus Coin.
Nauticus will also establish a sustainable blockchain mining center in 2019 to provide revenue, along with sizeable server capacity to ensure ultra-fast processing for users of Nauticus services. Profits from the exchange and mine will be reinvested in the business to support the subsequent development of a low-cost eCommerce platform, along with merchant and peer-to-peer payment options. The company will also develop a ‘one and done’ Know Your Customer (KYC) verification service and create an ICO community with a range of resources and services for new ICOs along with a quality verifcation system. The Nauticus Coin will underpin all of these exciting solutions. The ICO target is $68 million and the soft cap was exceeded during the presale period. The ICO will run until the hard cap of $88 million has been reached, or until the conclusion of the ICO on May 18, 2018.
The Nauticus Exchange is designed to be the only exchange users ever need — a one stop shop offering 300 cryptocurrencies and 16 fiat. Users from around the world will be able to buy whatever crypto they wish using their own nation’s money. The Exchange will also enable users and merchants to send and receive payments internationally — like PayPal and Western Union combined, but with much lower fees and live market rates. More than 200,000 users have already signed up to the platform and Nauticus is registered with Australian Government regulator AUSTRAC.
VISION NAUTICUS
Our vision is to create usable, efficient and sustainable global banking, eCommerce and security solutions based on innovative blockchain technology. We want to encourage everyone to participate in the FinTech revolution being brought about by blockchain technology. Our solutions are aimed at everyday users, businesses of all sizes, as well as local, state and federal governments. At the same time, we want to help to create a better world for everyone, especially the underprivileged. We are strongly focused on social responsibility and philanthropy. Nauticus will use its influence and global community to bring about change to those who need it the most. Improving living standards in developing countries, advocating for equal rights, and protecting the environment are among our core values. Nauticus upholds the highest ethical and legal standards and considers the protection of user assets its most critical mission.
SECURITY AND NAUTICUS WALLET
Our wallet technology allows consumers, businesses, and governments easy currency exchange payments, and settlements. The platform incorporates state-of-theart security measures including two factor authentication and biometric authentication using smartphone fingerprint sensors, voice and facial recognition. We also offer compartmentalized wallets (cold and hot wallet) protected by multiple layers of encryption. The company is implementing protocols for Nauticus staff to ensure segregated human responsibility, approval, and audits. We will further develop our security suite of options to include more biometric (using Voiceit), multi-signature access for couples, partners or teams (using Bitgo), and active backup of all transactions using a hyper-ledger. Around 90 to 95 percent of users funds will be stored offline in highly secure, geographically separated cold wallets to protect against any loss of funds. The company has engaged high-level ethical hacking firms specializing in banking systems for ongoing security pressure and penetration testing.
SMART INTERFACE
The Nauticus Exchange offers a simplified version of the interface for mum and dad investors looking to get started in cryptocurrency trading. It also offers a sophisticated interface with highend trading tools that can be tailored to the specific needs of traders, business, government or individual users. These include a variety of interactive Tradeview charts (i.e. Japanese candlesticks, moving averages, etc) with user preferences for their own desktop view able to be saved to their profile. Metatrader tools will enable active traders to design their own robots for automated trading. We will utilize help bots as well as set up a highly responsive customer support team to provide users with any assistance they require. Before listing altcoins, Nauticus will implement a comprehensive selection and screening process that examines the legitimate use case for the token along with the size of the user base and demand. The on-boarding cost for each application will provide additional revenue.
PLATFORM ARCHITECTURE KEY TECHNICAL FEATURES
Key technical features of the platform architecture include a high-performance exchange platform with a modular, lightweight and extensible design. The Exchange Platform is built on custom-embedded StreamDB database, tied into the wider Nauticus Distributed Ledger Platform, and built from the ground up to incorporate error-checking and target multiple volumes for redundancy. The system is managed by a team of skilled developers with IBM, Hyperledger, blockchain and Solidity experience, and overseen by a leadership group with extensive management and business development experience. Advisors are
handpicked with backgrounds in banking, transactional, AI, machine learning, cryptography, and regulatory abilities providing comprehensive product support.
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