Mongolia's first blockchain network, having combined public and private blockchain types
The COREX blockchain network consists of two types of blockchain: public and private.
The public blockchain network aims to support the development of dApps and Defi products that make use of accessible, open-source database. While the private blockchain network is an enterprise-level network, which enables public or private organizations to share information among one another based on their consensus and which is designed to economize processing costs and to enable custom configuration of data privacy and access rights.
Advantages of developing the national blockchain network include:
Initial Exchange Offering (IEO) is a service that allows cryptocurrencies to be launched in the digital exchanges to raise fund through their first public sales while allowing clients to invest in.
Commonly, the fund raised through the IEO is used with the following principles:
The digital asset/crypto exchange, which is part of the COREX ecosystem, is set to launch in October 2021. The exchange is characterized by favorable fee conditions, ease of use, system reliability, and speediness of the system.
COREX blockchain public network will be fully functional starting October, making it possible to generate a variety of smart contracts in the blockchain.
We will start to develop the first ever blockchain-based application, which is going to be the “National Loyalty System”.
COREX will offer additional services based on blockchain and cryptocurrencies for its exchange clients.
NFT marketplace, which aims to enhance the value of Mongolian artists' work, and to create a financial solution for them to focus more on their work, will be introduced.
The asset tokenization service that links conventional financial products to crypto economy will be introduced.
Start to build up a blockchain community to develop and to broaden the usage of blockchain technology in Mongolia.
The “National Loyalty System” will be introduced to the public so that companies and brands will be able to create their own tokens to reward their loyal customers and the exchange clients will be able to trade and buy the tokens.
We will expand the utilization of COREX blockchain in the region and will list CRX coin on foreign exchanges.
The Smart Contract is a written code that performs a specific action in accordance with P2P mechanism if several conditions are met, making transactions possible without any regulator intervention.
Businesses and individuals will be able to engage in a unified network to share information using our blockchain and will be able to enhance business partnerships to the next level by utilizing the blockchain’s advanced capabilities.
It is possible to tokenize conventional financial products, real estate, and movables, artworks, etc., as well as to create tokens for organizations.
Our team looks forward to collaborating with skilled developers on building decentralized applications using our blockchain network.
The CRX coin will be the native coin and the main cryptocurrency of the COREX blockchain network so that it differs from the other tokens.
In greater detail, the demand for CRX coin is expected be stable or increasing as all operations related to our COREX blockchain ecosystem, network services, and inter-network transactions will be paid in CRX coins, so that CRX coin is not based on any promises or marketing campaigns.
Hence, CRX coin should be understood as a long-term investment, and if you are planning to invest in any coin or token, we strongly advise you to research it deliberately and make your informed decision based on valid reasonings. We wish you the best of luck.
Experience
AI Lab LLC: CTO
NUM, HSUS, MKUT: Associate Professor
NUM, School of Information Technology: Instructor
Education
NUM: Software Engineer
NUM: Master of Computer Science
NUM: Ph.D. of Computer Science
Experience
Arig Bank: Electronic Product Development Manager
Arig Bank: Credit economist
MUST: Researcher
Education
MUST, CSMS: Master of Business Administration
MUST: Metallurgy, Technological Engineer
Experience
AI Lab LLC: Senior Engineer
Keirex Technology Inc., Japan: Software Engineer
Education
NUM: Information Technology Engineer
Experience
AI Lab LLC: Senior Engineer
National Cardiovascular Center: IT specialist
Ast vision LLC: Software Engineer
Net Apps LLC: Software Engineer
Education
National Institute of Technology,
India: Computer Science Engineer
CRX Coin will launch its IEO on November 8
You can register on the COREX digital exchange after confirming your registration.
You can find more information about the Corex National Blockchain Network on the Whitepaper section of our website and on the Facebook page.
