New Crypto Exchange Aims to Become Leading Platform in Europe by 2020

An upcoming cryptocurrency exchange is aiming to become a leading player in Europe by 2020 - listing cryptocurrency altcoins as well as helping startups to get their Initial Coin Offerings off the ground.

The exchange claims it offers "Reliable infrastructure" that will be subject to minimal downtime for database migration, server maintenance or application upgrades, and says its system offers resilience at times of high volume, as well as during denial of service attacks.

Unlike rival platforms, the company says its exchange will be free of something known as "Technical debt." This is where a system becomes susceptible to bugs and security weaknesses because new features or altcoins have been added without proper testing, due diligence or careful software design - something tantamount to taking a shortcut.

Currencies will only be listed on Blockchain.io once they have gone through a strict vetting process to ascertain their sustainability, with a team of experts performing a deep protocol review to help ensure they are technically sound.

The exchange says at least 98 percent of its reserves is held in cold storage.

In its white paper, the company states its exchange will also offer "Advanced cryptographic protocols" that "Combine the best of centralized trading with decentralized settlement" - eliminating the privacy, scalability and cost issues that have affected the original Bitcoin blockchain.

"A gateway to the internet of value"Blockchain.io is being launched by Paymium.com - a company which describes itself as "One of the oldest Bitcoin exchanges in the world."

Paymium says more than 170,000 existing accounts will automatically be given a Blockchain.io account upon launch - and they will benefit from incentives should they decide to use the new crypto exchange.

Blockchain.io's public sale begins on Sept. 27, 2018.

The Blockchain.io platform will be ready-to-trade for investors as soon as the token sale concludes in November.