Ivykoin (IVY) - Abandoned or No Volume | Coinopsy
Ivykoin (IVY) - Dead Coins

Ivykoin (IVY)

Ivykoin was founded in 2018, it is not trading on any exchanges. Ivykoin was added to the dead coins list due to being Abandoned or No Volume. Founder/CEO is Tom Marchesello.

Summary

  • Main reasons for dead coin listing Abandoned or No Volume.
  • Started 2018, Ended 2019.
  • Social media ended 2019.
  • Trading ticker (IVY).
  • Total tokens unknown.
  • Not available to trade on any exchanges.
  • Was built on Ethereum blockchain.
  • Website is down.
  • The Founder/SEO is Tom Marchesello.

Further Details

Notes

Abandoned coin and Website down.

Links

https://web.archive.org/web/20180101163002/https://www.ivykoin.com/ https://twitter.com/ivykoin https://www.facebook.com/ivykoin

Screenshot

Screenshot Archived:

COPY PASTE FROM OLD WEBSITE

KEY DIFFERENCES

Currently, ivyKoin™ supports two types of payments. Senders can choose to remain anonymous or they can choose to provide key payment-related details with their transaction. The latter option is of great interest to banks and other financial institutions.

Banks and financial institutions need payments-related information to ensure their compliance with governmental regulations. However, the information available to these institutions about payments sent through the major payment networks, such as SWIFT, CHIPS, FEDWIRE, and ACH is limited.

ivyKoin™, however, improves transparency by collecting transaction-specific information (based on the payment type) from the sender and makes this information available to banks and financial institutions at the same time the payment processes. This information, embedded directly into ivyKoin™, is securely stored using blockchain technology.

ivyKoin™ is therefore highly attractive to banks and financial institutions seeking increased transparency with regards to the payments process.

HOW IT WORKS

Customers begin by creating an account on the ivyKoin™ platform. This process results in the generation of an individual hash and user ID for the customer. The customer’s Know Your Customer (KYC) information is stored in ivyKoin’s™ database.

The customer is asked to validate their account. When this successfully occurs, the customer creates a user address on ivyKoin™.

The customer can initiate a transfer of cryptocurrency to a public address using one of two transfer methods:

  1. Anonymous
  2. Business Class (De-anonymized)

ivyKoin™, when sending anonymous transfers, does not embed KYC or KYT payment data. However, when sending Business Class transfers, ivyKoin™ embeds both types of information. Depending on the nature of the transfer, ivyKoin™ prompts the customer to disclose additional transfer details — such details tend to be information of interest to traditional banks on either side of the financial transfer.

ivyKoin™ provides these KYT and KYC data points to financial institutions when the customer converts ivyKoin™ into fiat currency. ivyKoin™ also automatically generates a Currency Transaction Report (CTR) for transactions whose total exceed $10,000.

MORE ABOUT IVYKOIN…

SECURITY & VERIFICATION

ivyKoin™ takes advantage of blockchain technology to ensure that its transactions and records of transactions are secure, tamper-proof, and permanent. Furthermore, such technology allows records that are easily accessed, audited, and verified if the need occurs.

IDENTITY

Digital transactions come with the inherent risk of identity fraud. By combining blockchain technology with identity and transaction verification data points, ivyKoin™ creates a digital ID that is then assigned to and associated with every transaction. This allows financial institutions to validate transactions in real time, reduce the rate of fraud, and help financial institutions comply with governmental laws and regulations regarding financial transfers. Customers can control the information stored about them, as well as what is shared with other entities during transactions.

INFORMATION & SOFTWARE

ivyKoin™ will seek to integrate with many major accounting software systems. This allows customers to easily import ivyKoin-related™ data into their existing accounting tools and workflows.

ivyKoin™ is also working on cashier and exchange services. Cashier services means financial institutions and customers can easily convert ivyKoin™ to fiat currencies, while exchange services means that financial institutions and customers can convert ivyKoin™ to and from other cryptocurrencies.

ivyKoin™ is, therefore, an end-to-end currency solution for businesses looking for a better way to make large financial transfers.

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