- Exclusive interview. TERNION - bridging the gap between traditional and decentralized finances BASE.INFO team has interviewed Rudolfs Medvedevs the CEO and Founder of TERNION project. Jul 31, 2018
Ternion is a hybrid crypto exchange with a fiat gateway and integrated merchant services.The Ternion Exchange is a regulated, licensed and centralized entity which allows crypto to crypto, fiat to crypto and crypto to fiat trading. In the post ICO stage the exchange will become hybrid. It will facilitate a decentralized exchange with a centralized one.The Ternion Payment Processor is a payment gateway that can be implemented at the discretion of a vendor and it issues cards to its users. The users can also use the debit card to pay the vendors.
Vendors can choose to receive fiat or cryptocurrency for the goods and services by implementing the Ternion API into their payment method. This is made possible due to the integration of the Exchange into the system.The Ternion Liquidity Fund supports two business models and is the back bone of the Exchange and the Payments Processor. The Fund is also responsible for buying back the tokens utilizing a quarter of the company’s profit and burning them to combat inflation. The Fund also stores another quarter of accumulated funds to have available liquidity for the future expansion of Ternion globally.We, as a team, are constantly trying to be ahead of the market. Pushing our boundries in order to achive what everyone else is only trying to.
By putting trust into us, you form the future where we will stand all together tomorrow.You can get the first experience of the exchange platform here and see how the first version will look. Not only the exchange is comfortable for the institutional players, but it’s convenient and easy for any of the retail investors, as it comes with a mobile platform app and a web application.For the purposes of transparency and reliability, Ternion will undergo yearly audits to keep the public in the loop about future advancements.We know that decentralized digital finance is the future, but we also understand the unavoidable connection and value that traditional finance taught us, the knowledge which we are implementing into the cryptocurrency space today.