atum

Uncertainty is unacceptable, that is why we DECENTRALIZED the vulnerable part of the exchange BUSINESS MODEL

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WHY CHOOSE ATUM?

DECENTRALIZED

We use such features as Lightning Network and Interledger solutions as well as NEM blockchain. The aim of Atumchain is to build a bridge between blockchains.

SECURED

We provide direct client-client trades. No volume restrictions on transactions and no KYC forms (except for option trades).

TRANSPARENT

No possibility for platform quotes manipulation and trading “against” the client. Optimal pricing and competitive commission.

EXISTING MARKET REVIEW: HOW ATUM DEVELOPS TRADING SERVICES

The current infrastructure of cryptocurrency trade is only being formed and is characterized by some serious drawbacks.

Thus, customers may encounter the following risks directly or indirectly during their trading on cryptocurrency platforms:

— The risk of hacking when funds are kept on a platform (for example, Mt. Gox)
— Non-transparency of the platform activity due to the lack of regulator
— Platform involvement in shady operations that makes it the subject of investigation and the future of its client's funds are therefore vague (for example, BTC-e)
— The possibility of trading “against” the client (as the trade occurs inside one system-broker, a broker may have a temptation to manipulate a quotation as a result — margin call)

Аtumchain is a decentralized cryptocurrency trading platform. The goal of Atum is to provide transparent client-client (wallet-wallet) trades without depositing funds in the exchange and to provide clearing of these settlements.

Clients of Atumchain will execute trades directly with each other. The main aim is to build a bridge between blockchains where orders are kept and to realize them when the required conditions are met (bridge-momentum). Bridge-momentum is the moment when transaction is considered to have been executed and it is the time to make payment. The transaction is considered to have been executed at the moment when the first pair which meets the price terms is found and transaction volumes are balanced. Clients may cancel or change the transaction before bridge - momentum but when it occurs this chain is frozen until the moment of the settlement and volume rebalancing takes place.

WHY MARKET NEEDS ATUMCHAIN

ATUMchain — is a FUNCTIONALLY DECENTRALIZED cross-chain platform that allows traders to trade tokens and options on tokens using all the inherent advantages of blockchain.

The configuration of future decentralized trading platforms will be fundamentally different from the structure of traditional exchanges with their inherent weaknesses.

  • Centralization
  • Vulnerable redundancies
  • Insider manipulation based on information asymmetries

ATUM BUSINESS PERFORMANCE

The goal of Atum is to provide transparent client-client (wallet-wallet) trades without depositing funds in the exchange and to provide clearing of these settlements. Clients of Atumchain will execute trades directly into blockhain. The platform provides margin, option trading as well as REPO service

BLOCKCHAIN AS PROCESSING FIELD FOR ATUM BUSINESS PURPOSES

Our technology is based on NEM and Tendermint. We divided a cryptocurrency exchange business model into several functional modules and implemented them through blockchain technology. Communication between these modules is also implemented through blockchain. Thus, we provide safety of client’s funds: customers trade with their own multisignature wallets (ETH, NEM, etc) and the platform is completely decentralized. At the same time, the platform is not inferior in speed to existing centralized exchanges. Our platform can work with any blockhain or its fork that implies multisig logic.

WHAT MARKET NEEDS TODAY

The current infrastructure of cryptocurrency trade is only being formed and is characterized by some serious drawbacks.

Thus, clients and participants may encounter the following risks directly or indirectly during their trading on cryptocurrency platforms: the risk of hacking and completely losing funds when funds are kept on a platform (for example, Mt. Gox, Coincheck); non-transparency of the platform activity due to the lack of a regulator; wich leads to platform involvement in shady operations that makes it the subject of investigation, a lost of trust, slower transaction processing and the future of its clients’ funds are therefore ambiguous (for example, BTC-e); the possibility of trading “against” the client (as the trade occurs inside one system-broker, a broker may have a temptation to manipulate quotes).

ATUM DEVELOPMENT ROADMAP

1Q2018
  • Alpha version of platform based on NEM
  • Start of IP registration
  • Technical partnership with NEM and membership of NEM’s foundation
2Q2018
  • Launch US based company
  • Integration of Ripple and Ethereum
  • WP preparation of ATUM’s blockchain
  • Technical partnership with Ripple
3Q2018
  • Beta version release
  • Alpha version release of mobile app
  • Integration of Bitcoin
  • Announcement WP of ATUM’s blockchain
  • Integration of option and REPO modules
4Q2018
  • Beta version release of mobile app
  • Filing an application to ISO regarding international blockchain standards (ATUM’s blockchain)

ATUM PARTNERS

NEM’s blockchain platform was designed and coded from the ground up for scale and speed. NEM’s permissioned private blockchain delivers industry-leading transaction rates for internal ledgers. www.nem.io

HackenProof is an innovative decentralized platform, which aimed at providing both cybersecurity services for customers and proper working conditions for the best researchers. www.hacken.io

ADVISORY

ALEXANDER RUCHEV

Chairman of the Board of Directors, President of the Group of Companies "Osnova". Graduated from MIPT.

HENDRIK PFIESTER

Partner, Arbitrage Analytics AG. Hendrik has about 15 years of experience in investment banking industry with Goldman Sachs and Nomura.

JEFF MCDONALD

Advisor at NEM Founding Board. Jeff McDonald was Vice President of the NEM Foundation and has been working as a Core Team member on the NEM project since before its launch.

EUGEN WEINBERG

Managing Director, Head of Commodity Research Commerzbank. Eugen is a blockchain enthusiast and has 20 years of experience in financial industry.

MAXIM GRUDIN

Max is an expert on quant investment strategies in a hedge fund. He spent over 10 years at Goldman Sachs, creating market-making strategies on major exchanges. Max has a background in AI/machine learning.

TAGIR AUSHEV

Doctor of Physical and Mathematical Sciences, Vice-Rector for Scientific Affairs and Strategy of MIPT. Graduation: MIPT, applied physics.

OUR TEAM

Danil Zatologin

Founder

Blockchain Lab of MIPT. Graduated from MAI (applied maths and economics), up to 10 years experience in financial markets.

Dmitry Zuykov

CTO

Dmitry has 20 years of experience in the IT segment. Expertise: Software Engineering. Neworks. SDN. Serverside/Backend. Embedded. Compilers. Algorithms.

Alexey Kvicinia

Head of Corp Fin

Two higher degrees in finance and MBA (business strategy). Alexey has over 10 years of experience in investment in Sberbank and Morton Group. Now Alexey is financial director of Osnova Group.