ANACO NEWTORK is a platform for the future of Oil and Gas Industry that is built on top of the Ethereum Smart Contract. It accelerates growth of Oil & Energy companies by offering tools and services that save both time and resources.

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One of the most obvious and powerful uses for the digital ledger technology is to provide a reliable and efficient platform for executing and recording energy trades .

With ANACO Ownership is tracked as assets change hands multiple times before settlement. Keeping land title records on a distributed ledger can provide much more efficient updates and data management for joint ownership and interest validations for energy trades

Additionally with Anaco , the introduction of smart contracts, which are essentially computer code stored on blockchain that can execute actions under specified circumstances, should give oil and gas executives greater interest to improve their supply chain and finance activities.

Smart contract technology can result in processes that are faster and more accurate and cost efficient. Also, the parties to a smart contract agree to be bound by the rules and determinations of the underlying code, which in theory should lead to fewer contract disputes





Anaco can also help to streamline regulatory filings and reporting by improving transparency.

Regulators are increasingly requiring companies to provide vast amounts of data that can be analyzed to detect non-compliance and other regulatory issues, With current technologies and methods, gathering and cleaning up the required data is a huge burden.

Additionally, Anaco can help improve cybersecurity of critical data, while dramatically reducing data loss and mitigating the cost of breaches

In Blockchain.io’s vision the Internet of Value is the next level of evolution of the Internet. The internet of value enables users to securely trade assets, rights, goods and services, globally and around the clock, without the involvement of a centralized authority, or traditional financial intermediaries, or so called ‘trusted’ third-parties.

The Internet of value is built on multiple decentralized, automated, transparent, and secure blockchain-based value networks. Different networks operate different versions of the blockchain, which in turn are fueled by different cryptocurrencies such as Bitcoin, Ether, or Litecoin. Each network meets the needs of certain types of transactions, such as high-value payments or title registry, or the needs of specific trading communities, such as a network of autonomous objects or an industry sector.

Blockchain.io as the leading exchange in the Internet of Value will enable users to trade across all these value networks.


Cryptocurrency exchanges enable users to trade across multiple value networks powered by heterogeneous blockchains.

As the number of cryptocurrencies grows, cryptocurrency exchanges become the marketplaces for listing and trading cryptocurrencies. In the current context, users mainly buy cryptocurrencies as a store of value, in anticipation of a future value increase. As exchanges list multiple cryptocurrencies in one place, supply information about them, enable comparisons, and set bid/ask prices according to demand, they help separate the valuable cryptocurrencies from the useless ones. Investors become increasingly discriminate in their choices of cryptocurrencies as a store of value or as a utility token.

As technological and regulatory barriers to the Internet of value will be lifted, cryptocurrencies and decentralized value networks will gain mainstream acceptance. To trade on these different networks, users will need to buy multiple digital currencies and to exchange them as their needs evolve.

Blockchain.io will list a careful selection of cryptocurrencies: Proof-of-Work (POW) coins such as Bitcoin, Ether or Litecoin, Proof-of-Stake (POS) coins like Qtum or Stratis, Directed Acyclic Graph (DAG) coins, and other cryptographic protocols yet to be designed and minted.

• The centralized part of the exchange offers highly secure custody services with cold storage and cryptographic proof of reserve.
• Cryptocurrencies are held in cold storage (offline) for at least 98% of reserves.

• A cold wallet access requires multiple signatures. 

• A cold wallet private key is split and held in a number of different vaults in multiple 
locations. 

• Other in-house security processes and technological features.
• Internal procedures protect the exchange from social engineering attacks. 
Periodic technical audits and timestamped logs allow detection of any tampering 
attempts in the accounting database.
• Periodic financial audits verify that the inventory of coins (assets side) matches the 
records of liabilities with cryptographic proof. If the exchange’s customer balances are checked against a blockchain inventory of coins (utxos in Bitcoin language) every block interval, there is little or no room for a rogue intruder to alter database records with profit.
• Decentralized settlement relies on fair-exchange protocols allowing atomic swaps of cryptocurrencies to eliminate the counter-party risk inherent to a custodial exchange.

• Exhaustive accounting records are audited by independent professional auditors to ensure the integrity of the trading platform. 

• The exchange aims to comply with all current applicable EU regulations, ensuring that assets never get seized or frozen. 

• Customer balances on the liability side must match exactly the inventory of coins held by the exchange. Blockchain.io aims to perform such balance check and to publish its cryptographic proof at every block interval.

• Minimal downtime, typically restricted to server maintenance, application upgrades, or database migration.
• Resilience under high volume, heavy traffic conditions, or DDoS attacks.
• No technical debt: exchanges that quickly add new altcoins or new features without proper testing or careful software design accumulate technical debt by taking shortcuts. Technical debt translates into applications that are harder to maintain and prone to 
bugs and security holes.

• Blockchain.io will attract high volume traders with specific features such as a FIX 
API and a borrowing facility, but also with the high level of availability of the trading 
platform.
• Processing capacity in the first phase will be of up to 2 million orders per day.

• Cryptocurrencies will be listed on the trading platform following a strict vetting process (sustainability, technical, and deep protocol review) by our team of blockchain experts. 

• Regular updates and publications will inform platform stakeholders and the community through altcoin technical reviews and financial analyses.

• Blockchain.io will provide ICO campaign support and token listing services to assist entrepreneurs and technologists in the planning and execution of their fundraising campaigns.
• Following the ICO campaigns, Blockchain.io will ensure that newly created tokens are listed on Blockchain.io to provide liquidity to investors and traders.
  

• Market making using Blockchain.io’s inventory
• Incentive program for Paymium users.

Blockchain.io is driven by the highly experienced team of cryptocurrency experts who, seven years ago, founded Paymium, a fiat/bitcoin exchange catering to the underserved Euro market. Blockchain.io shares Paymium’s highest security, reliability, and accountability standards. It strives to overcome the shortcomings of rival crypto exchanges that have repeatedly caused severe losses for issuers and token holders. To achieve this, the team relies on its advanced knowledge of cryptographic technology, its operational in-depth understanding of the crypto world, and a strong company culture committed to security and compliance.

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