Bitnorm: The ultimate cryptointelligence suite

BITNORM: THE ULTIMATE CRYPTOINTELLIGENCE SUITE

Introduction

Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, Paypal, etc.). The blockchain is the technological basis for all cryptocurrencies, whether Bitcoin, Ethereum, Hyperledger, etc.

An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant’s database). It basically defines the conditions to which all parties using the contract agreement. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.

Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries.

Currently, the crypto market has burst strongly and in a short time, which has good things but also bad. Speaking of the latter, being such a modern and new market, it sometimes involves leaving things behind that should not be left behind. One main issue is the convenience in what you can trade cryptocurrencies, useful tools to keep a good track of your portfolio, and so on. For nowadays, investors need several platforms to have a global view of their trading, the latest news, etc. That’s why today I want to introduce you to BitNorm (https://bitnorm.com/), a platform that combines all the necessary functionalities of the crypto ecosystem in a user-friendly platform.

Definition

In more detail, Bitnorm (https://bitnorm.com/) is a decentralized platform that performs analysis on aggregated data from various fields and media, giving its users superior, cutting-edge insight into investment opportunities in the cryptocurrency domain.

Goals and benefits

Thanks to Bitnorm platform, users can build relationships, motivate each other to achieve goals and learn new skills. The idea is to create a forum where users can interact with others in the cryptocurrency ecosystem and learn from each other.

In addition, Bitnorm uses data analysis algorithms to make early detection of cryptocurrency price trends, giving users a head start on favorable market movements.

The most striking thing about the BitNorm platform is that it integrates all kinds of information necessary for any user who is interested in investing or has already invested in cryptocurrencies, combining cryptocurrency indexing tools, network data, market data and news data, in addition to the community that governs and provides analytics.

Features

As said before, the idea of Bitnorm is to integrate all things that a trader need to stay up-to-date and control their assets. For this reason, the main features that the platforms brings are:

Market News
BitNorm provides a platform that makes all necessary information available to all cryptocurrency users. The platform obtains news, comments and conversations from various sources to determine whether there is positive or negative content about various blockchain projects.

Indexing engine
Providing visibility of new cryptocurrencies by providing an up-to-date index of all manually announced and added cryptocurrencies.

Network Data Engine
The network data engine uses deployed cryptocurrency blockchain nodes and explorers to determine valuable information about the respective cryptocurrencies.

Community engine
The company intends to create cryptocurrency forums, blogs and an integrated chat platform for social collaborations.

Market Data Engine
BitNorm extrapolates the drifts and directions that cryptocurrency is following by giving a fundamental analysis of cryptocurrency market data and tracks the price, volume, market capitalization of virtual currencies.

Source code data engine
It aims to provide a platform through which the source code of cryptocurrencies and services can be audited by BitNorm users, even providing information to novice users to learn about the subject.

Functionalities

There are different functionalities depending on the users who register on the platform:

  • Cryptobloggers
  • Lone crypto-researchers
  • Cryptocurrency developers and maintainers
  • Cryptocurrency traders
  • Cryptocurrency investors

Tokenomics

Token name: Bitnorm
Symbol: BN
Network: Ethereum
Type: ERC-20
Max supply: 200000000 BN
Market cap: $79.1m

Bounty program

The project gives the opportunity to earn BN tokens performing some social media tasks and doing simple steps from the bounty program explained into the following Bitcointalk Thread here (https://bitcointalk.org/index.php?topic=5331648.0), where you can access the link in order to see what are the conditions to become an early Bitnorm contributor and start acquiring tokens.

For more information about the project, you can visit and read their WhitePaper available here (Bitnorm_PitchDesk). You can also stay tuned in their official Telegram Channel (TELEGRAM). I hope you liked the post and soon I’ll send you new ones.

Roadmap

Q4 2020:
– Proof of Concept private preview
– Seed funding
– ICO phase

Q1 2021:
– +5000 users
– Community engine implemented
– Trading engine Proof of Concept
– Cloud native Proof of Concept

Q2 2021:
– +10000 users
– Trading engine implemented
– Cloud native implemented

Q3 2021:
– +15000 users
– Big Data engine Proof of Concept
– Cloud Native updated
– 2 new partnerships

Social Media Links

Telegram: TELEGRAM
Youtube: YOUTUBE
Twitter: TWITTER
Linkedin: LINKEDIN

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Author Details

Email: adria.parcerisas.albes@gmail.com

Bitcointalk username: adriaparcerisas

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482

Proof of authentication BTT: #746 (https://bitcointalk.org/index.php?topic=5331648.msg56828961#msg56828961)

Ethereum wallet: 0x3e10d9Cb6a5af372C00563aA19FEE3122A5C0Cd4


Bitnorm: The ultimate cryptointelligence suite was originally published in DataDrivenInvestor on Medium, where people are continuing the conversation by highlighting and responding to this story.