ChainUP launches SaaS system to help blockchain industry scale up and upgrade

In 2018, the blockchain industry showed a "blowout" growth. As the "interface" between legal currency and digital currency, exchanges are not only highly praised by the currency circle legend Li Xiaolai, but also "Bao Erye" said that the best way to enter the currency circle is to open an exchange. Although the global encrypted digital currency market value exceeds 2.5 trillion yuan, and the daily transaction volume exceeds 200 billion yuan, the total number is only 30 million, and only about 30% of the countries in the world have digital asset exchanges. Although the exchange giants Huobi, Binance, and OKEx are the three major players in the exchange market, they are only dividing the market of 30 million people.

In order to ensure their leading advantages and maintain transaction growth, the three major exchanges Huobi, Binance, and OKEx have launched digital asset exchange alliance plans. In other words, any company that wants to establish a digital currency exchange only needs to provide its own company's domain name, LOGO and operating entity. These exchanges based on Huobi, Binance, and OKEx only need to focus on management and operation promotion, while the complex R&D, operation and maintenance work will be provided by the technical teams of Huobi, Binance, and OKEx. This move seems to have boosted the prosperity of the entire digital currency industry, but in essence it has "another little abacus."

Huobi, Binance, and OKEx do this with the ultimate goal of making small teams, traffic, users, and funds all fall into their own hands. With the continuous development of information technology, the cloud services of Huobi, Binance, and OKEx will uniformly deploy exchange templates on their own servers. Investors who want to open exchanges can order the required exchange services from Huobi, Binance, and OKEx through the Internet according to their actual needs, and pay fees to Huobi, Binance, and OKEx according to the number of ordered services and the length of time, so as to obtain the services they provide.

However, a "BUG" problem has arisen. The cloud services of Huobi, OKEx and Binance may have different LOGOs on the front end, but the back end uses a unified account system. From the perspective of security and stability, Huobi, OKEx and Binance provide strong technical support, but in essence, these exchanges that use cloud services are working for Huobi, OKEx and Binance. They spend their own money on promotion and increase in volume, but in the end, all the users belong to them. Isn't it like spending your own money to make wedding clothes for others?

Do you still remember the incident involving agents on a food delivery platform? Backed by the brand and technology of a large company, a food delivery company recruited agents nationwide. The agents invested heavily in the platform and were ready to make a fortune with the food delivery platform. However, after the food delivery market was "merged", the market and users that the agents had invested in, including money, time, and energy, were eventually easily harvested by their competitors. The agents suffered heavy losses and asked the large company for compensation, but the company responded by saying that the agents had no direct relationship with them and that their request was "illegal". Why did this happen? Because the core resource - "users" - that they had obtained with real money was not in their hands.

For teams that do not have technical capabilities in the early stages, entering the blockchain field through exchange cloud services is undoubtedly a huge temptation, but once they do, it is tantamount to killing the goose that lays the golden eggs.

Based on the above factors, ChainUP launched the exchange SaaS system. As the world's top blockchain system technology service provider, ChainUP has currently served more than 100 exchanges around the world and has accumulated rich experience, capabilities and resources in the field of digital asset exchanges. This core member comes from the technical service team of Huobi and Baidu, and has incubated 10 global TO100 exchanges. The daily trading volume of some exchanges has once exceeded 20 billion yuan, which has been fully verified in terms of security and stability. What is commendable is that in addition to providing customers with safe and stable digital asset exchange SaaS services in the early stage, ChainUP can also promise to continue to ensure the complete independence of the exchange. At the beginning of SaaS design, an independent account system was set up for customers. Customers can request to privatize the original SaaS service at any time. ChainUP guarantees that the users that customers have spent real money to attract are still in their own hands, realizing imperceptible translation, completing privatization in 2 weeks, and continuing to provide effective technical support in the subsequent take-off of the exchange.

Why is there such a difference? It is because ChainUP’s business logic is different from that of exchanges. ChainUP’s goal is not to monopolize C-end users, but to promote exchanges to achieve leapfrog development and realize their own value through its solid technical strength and partners with market operations in the market.　

How does ChainUP help exchanges take off?

ChainUP SaaS service is aimed at B-side users. In addition to providing the technology and one-stop operation and maintenance services required for digital asset exchanges, it also cooperates with relevant ecological resource companies to provide a series of preferential services such as security, traffic, compliance, domain names, etc., to provide users with a one-stop solution to exchange construction problems and smoothly realize the transformation from SaaS to privatization.

Under the SaaS service, on the one hand, by connecting the exchange resources with a cumulative daily trading volume of over 10 billion yuan, and on the other hand, by connecting the trading volume of the top exchanges through API interfaces, it can achieve a more robust market depth and liquidity than the cloud services of the top exchanges, share the trading resources of almost the entire industry, and quickly help the early attempts and construction of exchanges. Once the scale of the exchange reaches a certain level, it can also help the exchange to take off quickly through rapid privatization and strong technical support.　　

Why can ChainUP ensure the privatization of user data?

One of the drawbacks of the digital asset exchange alliance plans of Huobi, Binance, OKEx and other exchanges is that user data and traffic will not be taken away with the withdrawal of users, which is determined by their role attributes. ChainUP is only a technical service provider of the exchange, not a competitor of the exchange. The SaaS service launched by ChainUP this time aims to create a digital currency trading industry ecosystem, promote the leapfrog development of exchanges, and help the blockchain industry to upgrade.　　

Build the world's most comprehensive SaaS system

The SaaS system launched by ChainUP this time, in addition to the coin-to-coin trading system or OTC system that may be covered by the head exchanges, also promises to provide a one-stop solution for futures trading systems and wallets. So far, it provides such strong and comprehensive functions that are unmatched by the existing SaaS systems on the market. At present, ChainUP has met the functions provided by the cloud services of the head exchanges, because from the perspective of a technical service provider, it can share resources from the entire industry, and even outperform the cloud services of the head exchanges in terms of functions and services such as transaction depth. In addition, ChainUP also promises that if the cloud services of the head exchanges have a certain function, but ChainUP does not have it, it can also be quickly developed and upgraded for free.

In order to lower the entry threshold and operating costs for users, ChainUP has made further concessions in its charging model. There is no need to lock up or repurchase platform coins. The profit sharing ratio is always half of that of the cloud services of the leading exchanges. In addition, if you apply for the cloud services of the leading exchanges, the first year's operating costs will be waived.  

Digital currency exchanges may be the hot spot in the next ten or even twenty years. Investors must also select technology service providers that suit them. After all, there are fundamental differences between the digital asset exchange alliance programs of Huobi, Binance, and OKEx and the SaaS services of ChainUP. Whoever controls the users and the growth controls the future and has greater voice.

This article is for commercial promotion only and does not represent the position of Wabi.com. Cryptocurrency is a high-risk industry. Please invest with caution. We are not responsible for any losses!