Bitcoin Wiki - User contributions [en]

Sologenic

2020-07-15T21:08:58Z

Mpotonwa: Undo revision 67645 by Furunodo (talk) topic is properly researched. Don't vandalize this again

{{infobox company|name=Sologenic|image=
|location=
|industry=Digital Asset
|foundation=2019
|founder=
|employees=
|twitter=
|facebook=
|website=https://www.sologenic.com/
}}

'''Sologenic''' is a project backed by CoinField. It is an ecosystem built on the XRP Ledger allowing users to trade tokenized assets with any crypto assets.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> There is a total supply of 400,000,000 SOLO available.<ref>{{cite news | last = | first = | title= Sologenic : la révolution des actifs tokénisés sur le XRP Ledger | newspaper =| location = | pages = | language = | publisher =hazel.finance.blog| date =| url =https://hazel.finance.blog/2020/02/11/sologenic-la-revolution-des-actifs-tokenises-sur-le-xrp-ledger/ | accessdate =25 February 2020}}</ref>

SOLO live trading launched on CoinField’s exchange on March 2nd, 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP, and EUR. SOLO will also be tradeable on CoinField’s upcoming decentralized XRPL exchange (DEX) and global exchanges worldwide.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL | newspaper =| location = | pages = | language = | publisher =decrypt.co| date =15 October 2019| url =https://decrypt.co/10353/coinfield-sologenic-stocks-crypto-trading-xrpl-ripple | accessdate =25 February 2020}}</ref>

The Sologenic ecosystem will enable billions of people to tokenize different non-[[blockchain]]-based assets such as stocks and ETFs from 30+ global exchanges, and trade them against cryptocurrencies on a single platform.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic Offers New Bounty Program to Launch XRP Validators| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =10 February 2020 | url =https://finance.yahoo.com/news/sologenic-offers-bounty-program-launch-204948709.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAA8rUbL-sXnmr-CzI_Lb9rBpURnqNnTpa4yv5mz0qnIRYTUaAO6o3-7N0Swmgf7OF-xrjxenjEYlv1SlqgU64rMmqCTI19aPswpgjT2JQFYBuvNFrcAucRqU8a_kSQCpvlntIsX3_Of5JjWznjFjcc62XesetKXbotqMCgzBPpyd | accessdate =25 February 2020}}</ref>

==History and Leadership==
Bob Ras, CEO of CoinField, a European-based Cryptocurrency exchange, is the co-creator of [https://www.sologenic.com/ Sologenic].<ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref> He has several ventures in manufacturing, marketing, and technology industries.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref> Reza Bashash, CTO of CoinField, is also the co-creator of Sologenic. Bashash is a reliable entrepreneur with a proven track record.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref> He is an influential blockchain advocate.<ref>Nick James,{{cite news | last = | first = | title=XRP Offers ‘Much Better And Stronger Technology Than Ethereum’ – CoinField CEO Bob Ras Opines| newspaper =| location = | pages = | language = | publisher =zycrypto.com| date =21 November 2019| url =https://zycrypto.com/xrp-offers-much-better-and-stronger-technology-than-ethereum-coinfield-ceo-bob-ras-opines/ | accessdate =25 February 2020}}</ref>

In 2018, Ras and Bashash switched their focus to cryptocurrency and blockchain technology with one goal in mind: To create a new financial ecosystem for the modern era, and Sologenic was born. <ref>Khalid Lawal,{{cite news | last = | first = | title=I Love to Think XRP Would Soon Become Global Reserve Currency – CoinField CEO| newspaper =| location = | pages = | language = | publisher =newslogical.com| date =2 November 2019| url =https://newslogical.com/i-love-to-think-xrp-would-soon-become-global-reserve-currency-coinfield-ceo/ | accessdate =25 February 2020}}</ref>

==Goals==
Sologenic modernizes traditional functions of current financial markets and facilitates the mass adoption of cryptocurrency.<ref>Christine Masters,{{cite news | last = | first = | title= CoinField Presents SOLOGENIC, Tool to Issue Stock and Fiat-Backed Stablecoins on XRP Ledger | newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =15 October 2019| url =https://cryptovest.com/news/coinfield-presents-sologenic-tool-to-issue-stock-and-fiat-backed-stablecoins-on-xrp-ledger/?utm_source=Investing.com&utm_medium=PartnerFeeds | accessdate =25 February 2020}}</ref>

Built on the XRP Ledger (XRPL), the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Alex Dovbnya,{{cite news | last = | first = | title= Ripple's XRP Ledger to Facilitate "Ultra-Fast" Trading of Traditional Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =u.today| date =15 October 2019| url =https://u.today/ipples-xrp-ledger-to-facilitate-ultra-fast-trading-of-traditional-stocks-and-etfs| accessdate =25 February 2020}}</ref> It will enable people all around the world to buy and sell stock in their favorite companies with SOLO, without the need for traditional brokerages.<ref>Arijit Sarkar,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =15 October 2019| url =https://eng.ambcrypto.com/coinfield-unveils-secret-xrp-ledger-project-sologenic/| accessdate =25 February 2020}}</ref> Users can deposit fiat currencies such as USD, CAD, EUR, GBP, JPY, and AED into their Sologenic wallets, convert it to SOLO, and then buy stock on global exchanges.<ref>Stefania Stimolo,{{cite news | last = | first = | title= CoinField announces Sologenic built on the XRP Ledger (XRPL)| newspaper =| location = | pages = | language = | publisher =en.cryptonomist.ch| date =15 October 2019| url =https://en.cryptonomist.ch/2019/10/15/coinfield-sologenic-xrp-ledger/| accessdate =25 February 2020}}</ref> Customers can also turn the cryptocurrency XRP to SOLO. Conversions work both ways, allowing for customers to sell stock and withdraw in fiat currencies.<ref>{{cite news | last = | first = | title= SoloGenic – Tokenize Assets, Stocks & ETF’s in Exciting XRP Eco-system| newspaper =| location = | pages = | language = | publisher =xrpripplenews.com| date =| url =https://xrpripplenews.com/2019/10/15/sologenic-tokenize-assets-stocks-fiat-etfs-in-exciting-xrp-eco-system/| accessdate =25 February 2020}}</ref>

==Upcoming Services==
===Decentralized XRPL Exchange===
The exchange, built on the XRP Ledger, enables users to trade tokenized assets for SOLO or XRP.<ref>{{cite news | last = | first = | title= CoinField’s Secret XRP Ledger Project Sologenic to Tokenize Stocks & ETFs| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =15 October 2019| url =https://bitcoinexchangeguide.com/coinfields-secret-xrp-ledger-project-sologenic-to-tokenize-stocks-etfs/| accessdate =25 February 2020}}</ref> Users will have access to 30+ global stock exchanges where they can buy and sell stock in their favorite companies.<ref>Carlos Terenzi,{{cite news | last = | first = | title= CoinField Exchange Introduces Sologenic Platform Built On The XRP Ledger| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/coinfield-exchange-introduces-sologenic-platform-built-on-xrp-ledger/| accessdate =25 February 2020}}</ref>

===Crypto Cards===
SOLO holders can obtain a free Crypto Card, which will allow them to spend their cryptocurrencies anywhere in the world.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL)| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019| url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255| accessdate =25 February 2020}}</ref> The cards offer many benefits, including monthly cashback, airport lounge access, discounts on select hotels and private events, and access to the Liquidity Provider Reward Program (LPRP).<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Bringing Stock and Fiat-backed Stablecoins on the XRP Ledger| newspaper =| location = | pages = | language = | publisher =bitcoingarden.org| date =17 October 2019| url =https://bitcoingarden.org/crypto-exchange-coinfield-bringing-stock-and-fiat-backed-stablecoins-on-the-xrp-ledger/?__cf_chl_jschl_tk__=33d2b074c7ef3f5310e2ada6edc3555be189fb30-1582658502-0-Ae3_PymNpVxZBYIc8C_8RvYX_59mXNV1dRNlwSeF8djWoLMrPLNFzN6Bw669EH-iTT0JWEuOQUTgUxukqZtINcvV5RQu9P4jTEe4UxqZgeqhWSit97KYMBbDSg8xqXKH0ltjPjxTbHeJ0Br28QaNGewx6OyOPEp2MD7EFs4GeKdQXqn8MMatSzHE242Pus3EDARorSxxBozYqmJFnJ644MY8ZY4TfXWjNYbemXF-2Ij47572rLUHmTQSgwaXY2-xF7iiPjAb0JkcwN52Gw6x9LXY1C49XBf_aTv0R0XiCgxWlkLgRaofQeSUMaDJUrjx3jx_XOndqbWBwIhUzGlpC2DuUZakOPoDzGIWGLhIBWk01dx_svrd96uh5nYF7390K2YVr41vpUv7LFGS6mDvlIw| accessdate =25 February 2020}}</ref>

There are four tiers of cards available, which users will qualify for based on how many SOLOs they have in their wallets.<ref>Abigale Lormen ,{{cite news | last = | first = | title= CoinField’s initiative employs the XRP Ledger powered by Ripple; analysts predict massive move| newspaper =| location = | pages = | language = | publisher =ourbitcoinnews.com| date =16 October 2019| url =https://ourbitcoinnews.com/coinfields-initiative-employs-the-xrp-ledger-powered-by-ripple-analysts-predict-massive-move/| accessdate =25 February 2020}}</ref> The cards are available in three different materials. These are plastic, metal, and carbon fibre.<ref>{{cite news | last = | first = | title=Sologenic To Use Ripple's XRP Ledger For Stock And ETF Trading| newspaper =| location = | pages = | language = | publisher =seekingalpha.com| date =23 October 2019| url =https://seekingalpha.com/instablog/50782395-dan_gray/5365794-sologenic-to-use-ripples-xrp-ledger-for-stock-and-etf-trading| accessdate =25 February 2020}}</ref>

==Products==
===SOLO Wallet app===
On 5th February 2020, Sologenic launched its decentralized SOLO Wallet app for SOLO, XRP, and tokenized assets.<ref>{{cite news | last = | first = | title= Sologenic Launches First Decentralized Wallet App for SOLO, XRP and Tokenized Stocks| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =6 February 2020 | url =https://www.globenewswire.com/news-release/2020/02/06/1981442/0/en/Sologenic-Launches-First-Decentralized-Wallet-App-for-SOLO-XRP-and-Tokenized-Stocks.html | accessdate =25 February 2020}}</ref> The app is available to download on the App Store and Google Play.<ref>{{cite news | last = | first = | title= Sologenic Launches First Decentralized Wallet App For Solo, Xrp And Tokenized Stocks| newspaper =| location = | pages = | language = | publisher =cbj.ca| date =6 February 2020 | url =https://www.cbj.ca/sologenic-launches-first-decentralized-wallet-app-for-solo-xrp-and-tokenized-stocks/ | accessdate =25 February 2020}}</ref>

The app allows users to add, activate, and manage multiple wallets, hold, and transfer digital assets from a single wallet address, receive live market price updates, track recent transactions, and more.<ref>{{cite news | last = | first = | title= Sologenic Launches First Decentralized Wallet App for SOLO, XRP and Tokenized Stocks | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =6 February 2020 | url =https://finance.yahoo.com/news/sologenic-launches-first-decentralized-wallet-210610817.html | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= IEO for Ripple (XRP) based exchange Sologenic now live on CoinField| newspaper =| location = | pages = | language = | publisher =cryptoninjas.net| date =20 February 2020 | url =https://www.cryptoninjas.net/2020/02/20/ieo-for-ripple-xrp-based-exchange-sologenic-now-live-on-coinfield/ | accessdate =25 February 2020}}</ref>

==Regulations==
Regulations prevent Sologenic from operating in the USA and Canada.

==Sologenic Community==
Sologenic is a community-focused project, founded on the belief that cryptocurrency is used in any way imaginable, by anyone in the world. The Sologenic supporters all share this belief, when participating in Sologenic’s programs and community funds.<ref>JP Buntinx,{{cite news | last = | first = | title=What is SoloGenic?| newspaper =| location = | pages = | language = | publisher =nulltx.com| date =15 October 2019| url =https://nulltx.com/what-is-sologenic/| accessdate =25 February 2020}}</ref>

===SOLO Community Fund (SCF)===
Sologenic is committed to building the infrastructure required for the large-scale adoption of cryptocurrencies. The SCF’s purpose is to help the blockchain and cryptocurrency ecosystem grow. The fund is used to develop decentralized community-based projects, community events and emergency situations. The first initiative funded by the SCF is Sologenic’s XRP Bounty Program.<ref>{{cite news | last = | first = | title=Sologenic Offers New Bounty Program to Launch XRP Validators| newspaper =| location = | pages = | language = | publisher =bloomberg.com| date =10 February 2020| url =https://www.bloomberg.com/press-releases/2020-02-10/sologenic-offers-new-bounty-program-to-launch-xrp-validators| accessdate =25 February 2020}}</ref>

Started in February 2020, the Bounty Program is open to 10 qualified developers or businesses who launch an XRP Validator in 2020.<ref>{{cite news | last = | first = | title=Sologenic Launches New Program to Play Bigger Role in the Growth of XRP Ledger| newspaper =| location = | pages = | language = | publisher =newslogical.com| date =7 February 2020| url =https://newslogical.com/sologenic-launches-new-program-to-play-bigger-role-in-the-growth-of-xrp-ledger/| accessdate =25 February 2020}}</ref> Applicants must be verifiable developers or businesses supporting XRP.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref>

===Community Participation Program===
Sologenic deploys a specific algorithm to analyze the community feedback in different events such as SCF, allowing SOLO holders to participate in the selection process.<ref>Manu Naik,{{cite news | last = | first = | title= You can build on XRP Ledger… general public is unaware: CoinField CTO| newspaper =| location = | pages = | language = | publisher =maltablockchainsummit.com| date =7 November 2019 | url =https://ambcrypto.com/you-can-build-on-xrp-ledger-general-public-is-unaware-coinfield-cto/| accessdate =25 February 2020}}</ref> The weight of the SOLO holder's participation power in community events depends on the number of SOLO coins they hold. For example, if a user holds 100 SOLO coins, this translates to 100 points, whereas a user with one SOLO coin has one point towards influencing outcomes.<ref>Ketaki Dixit,{{cite news | last = | first = | title= Here is why Peru bank switched from Ripple’s xCurrent to xRapid| newspaper =| location = | pages = | language = | publisher =tronweekly.com| date =7 November 2019 | url =https://www.tronweekly.com/here-is-why-peru-bank-switched-from-ripples-xcurrent-to-xrapid/| accessdate =25 February 2020}}</ref>

==SOLO Expansion Fund (SEF)==
The SOLO Expansion Fund (SEF) goes towards the marketing and promotional activities for the Sologenic ecosystem, such as listing fees for SOLO on global exchanges, summits, gatherings, and worldwide marketing campaigns explicitly promoting the Sologenic ecosystem, SOLO coins, and community Airdrops.<ref>Viktor Sokolov,{{cite news | last = | first = | title=Ripple XRP will become global reserve currency| newspaper =| location = | pages = | language = | publisher =bitzarena.com| date =4 November 2019 | url =https://bitzarena.com/ripple-xrp-will-become-global-reserve-currency/| accessdate =25 February 2020}}</ref> The purpose of this fund is to directly grow Sologenic, increase its global reach, and increase the long term value of SOLO to protect its investors.<ref>{{cite news | last = | first = | title=CoinField’s CEO Explains the Timeline for Trading Stocks and ETFs on Sologenic Platform| newspaper =| location = | pages = | language = | publisher =coinspeaker.com| date =12 February 2020 | url =https://www.coinspeaker.com/coinfield-stocks-etfs-sologenic-platform/| accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Presents SOLOGENIC, Tool to Issue Stock and Fiat-Backed Stablecoins on XRP Ledger| newspaper =| location = | pages = | language = | publisher =investing.com| date =15 October 2019 | url =https://www.investing.com/news/cryptocurrency-news/coinfield-presents-sologenic-tool-to-issue-stock-and-fiatbacked-stablecoins-on-xrp-ledger-1996499| accessdate =25 February 2020}}</ref>

==See also==
* [[CoinField]]

==External Links==
* [https://www.coinfield.com/ CoinField website]

==References==

[[Category:Payment Processors]]

CoinField

2020-03-10T03:48:35Z

Mpotonwa: /* Sologenic */ bad link removed

{{infobox company|name=CoinField|image=
|location=Tallinn, Estonia
|industry= Bitcoin & Cryptocurrency Exchange
|foundation=2018
|founder= Bob Ras Reza Bashash 
|twitter=
|facebook=
|website=https://www.coinfield.com/
}}

'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==External Links==
* [https://www.sologenic.com/ Sologenic website]

==References==

[[Category:Exchanges]]

Sologenic

2020-03-09T19:29:23Z

Mpotonwa: wiki link blockchain

Sologenic

2020-03-09T19:28:30Z

Mpotonwa: Category:Payment Processors

{{infobox company|name=Sologenic|image=
|location=
|industry=Digital Asset
|foundation=2019
|founder=
|employees=
|twitter=
|facebook=
|website=https://www.sologenic.com/
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'''Sologenic''' is a project backed by CoinField. It is an ecosystem built on the XRP Ledger allowing users to trade tokenized assets with any crypto assets.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> There is a total supply of 400,000,000 SOLO available.<ref>{{cite news | last = | first = | title= Sologenic : la révolution des actifs tokénisés sur le XRP Ledger | newspaper =| location = | pages = | language = | publisher =hazel.finance.blog| date =| url =https://hazel.finance.blog/2020/02/11/sologenic-la-revolution-des-actifs-tokenises-sur-le-xrp-ledger/ | accessdate =25 February 2020}}</ref>

SOLO live trading launched on CoinField’s exchange on March 2nd, 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP, and EUR. SOLO will also be tradeable on CoinField’s upcoming decentralized XRPL exchange (DEX) and global exchanges worldwide.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL | newspaper =| location = | pages = | language = | publisher =decrypt.co| date =15 October 2019| url =https://decrypt.co/10353/coinfield-sologenic-stocks-crypto-trading-xrpl-ripple | accessdate =25 February 2020}}</ref>

The Sologenic ecosystem will enable billions of people to tokenize different non-blockchain-based assets such as stocks and ETFs from 30+ global exchanges, and trade them against cryptocurrencies on a single platform.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic Offers New Bounty Program to Launch XRP Validators| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =10 February 2020 | url =https://finance.yahoo.com/news/sologenic-offers-bounty-program-launch-204948709.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAA8rUbL-sXnmr-CzI_Lb9rBpURnqNnTpa4yv5mz0qnIRYTUaAO6o3-7N0Swmgf7OF-xrjxenjEYlv1SlqgU64rMmqCTI19aPswpgjT2JQFYBuvNFrcAucRqU8a_kSQCpvlntIsX3_Of5JjWznjFjcc62XesetKXbotqMCgzBPpyd | accessdate =25 February 2020}}</ref>

==History and Leadership==
Bob Ras, CEO of CoinField, a European-based Cryptocurrency exchange, is the co-creator of [https://www.sologenic.com/ Sologenic].<ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref> He has several ventures in manufacturing, marketing, and technology industries.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref> Reza Bashash, CTO of CoinField, is also the co-creator of Sologenic. Bashash is a reliable entrepreneur with a proven track record.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref> He is an influential blockchain advocate.<ref>Nick James,{{cite news | last = | first = | title=XRP Offers ‘Much Better And Stronger Technology Than Ethereum’ – CoinField CEO Bob Ras Opines| newspaper =| location = | pages = | language = | publisher =zycrypto.com| date =21 November 2019| url =https://zycrypto.com/xrp-offers-much-better-and-stronger-technology-than-ethereum-coinfield-ceo-bob-ras-opines/ | accessdate =25 February 2020}}</ref>

In 2018, Ras and Bashash switched their focus to cryptocurrency and blockchain technology with one goal in mind: To create a new financial ecosystem for the modern era, and Sologenic was born. <ref>Khalid Lawal,{{cite news | last = | first = | title=I Love to Think XRP Would Soon Become Global Reserve Currency – CoinField CEO| newspaper =| location = | pages = | language = | publisher =newslogical.com| date =2 November 2019| url =https://newslogical.com/i-love-to-think-xrp-would-soon-become-global-reserve-currency-coinfield-ceo/ | accessdate =25 February 2020}}</ref>

==Goals==
Sologenic modernizes traditional functions of current financial markets and facilitates the mass adoption of cryptocurrency.<ref>Christine Masters,{{cite news | last = | first = | title= CoinField Presents SOLOGENIC, Tool to Issue Stock and Fiat-Backed Stablecoins on XRP Ledger | newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =15 October 2019| url =https://cryptovest.com/news/coinfield-presents-sologenic-tool-to-issue-stock-and-fiat-backed-stablecoins-on-xrp-ledger/?utm_source=Investing.com&utm_medium=PartnerFeeds | accessdate =25 February 2020}}</ref>

Built on the XRP Ledger (XRPL), the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Alex Dovbnya,{{cite news | last = | first = | title= Ripple's XRP Ledger to Facilitate "Ultra-Fast" Trading of Traditional Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =u.today| date =15 October 2019| url =https://u.today/ipples-xrp-ledger-to-facilitate-ultra-fast-trading-of-traditional-stocks-and-etfs| accessdate =25 February 2020}}</ref> It will enable people all around the world to buy and sell stock in their favorite companies with SOLO, without the need for traditional brokerages.<ref>Arijit Sarkar,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =15 October 2019| url =https://eng.ambcrypto.com/coinfield-unveils-secret-xrp-ledger-project-sologenic/| accessdate =25 February 2020}}</ref> Users can deposit fiat currencies such as USD, CAD, EUR, GBP, JPY, and AED into their Sologenic wallets, convert it to SOLO, and then buy stock on global exchanges.<ref>Stefania Stimolo,{{cite news | last = | first = | title= CoinField announces Sologenic built on the XRP Ledger (XRPL)| newspaper =| location = | pages = | language = | publisher =en.cryptonomist.ch| date =15 October 2019| url =https://en.cryptonomist.ch/2019/10/15/coinfield-sologenic-xrp-ledger/| accessdate =25 February 2020}}</ref> Customers can also turn the cryptocurrency XRP to SOLO. Conversions work both ways, allowing for customers to sell stock and withdraw in fiat currencies.<ref>{{cite news | last = | first = | title= SoloGenic – Tokenize Assets, Stocks & ETF’s in Exciting XRP Eco-system| newspaper =| location = | pages = | language = | publisher =xrpripplenews.com| date =| url =https://xrpripplenews.com/2019/10/15/sologenic-tokenize-assets-stocks-fiat-etfs-in-exciting-xrp-eco-system/| accessdate =25 February 2020}}</ref>

==Upcoming Services==
===Decentralized XRPL Exchange===
The exchange, built on the XRP Ledger, enables users to trade tokenized assets for SOLO or XRP.<ref>{{cite news | last = | first = | title= CoinField’s Secret XRP Ledger Project Sologenic to Tokenize Stocks & ETFs| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =15 October 2019| url =https://bitcoinexchangeguide.com/coinfields-secret-xrp-ledger-project-sologenic-to-tokenize-stocks-etfs/| accessdate =25 February 2020}}</ref> Users will have access to 30+ global stock exchanges where they can buy and sell stock in their favorite companies.<ref>Carlos Terenzi,{{cite news | last = | first = | title= CoinField Exchange Introduces Sologenic Platform Built On The XRP Ledger| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/coinfield-exchange-introduces-sologenic-platform-built-on-xrp-ledger/| accessdate =25 February 2020}}</ref>

===Crypto Cards===
SOLO holders can obtain a free Crypto Card, which will allow them to spend their cryptocurrencies anywhere in the world.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL)| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019| url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255| accessdate =25 February 2020}}</ref> The cards offer many benefits, including monthly cashback, airport lounge access, discounts on select hotels and private events, and access to the Liquidity Provider Reward Program (LPRP).<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Bringing Stock and Fiat-backed Stablecoins on the XRP Ledger| newspaper =| location = | pages = | language = | publisher =bitcoingarden.org| date =17 October 2019| url =https://bitcoingarden.org/crypto-exchange-coinfield-bringing-stock-and-fiat-backed-stablecoins-on-the-xrp-ledger/?__cf_chl_jschl_tk__=33d2b074c7ef3f5310e2ada6edc3555be189fb30-1582658502-0-Ae3_PymNpVxZBYIc8C_8RvYX_59mXNV1dRNlwSeF8djWoLMrPLNFzN6Bw669EH-iTT0JWEuOQUTgUxukqZtINcvV5RQu9P4jTEe4UxqZgeqhWSit97KYMBbDSg8xqXKH0ltjPjxTbHeJ0Br28QaNGewx6OyOPEp2MD7EFs4GeKdQXqn8MMatSzHE242Pus3EDARorSxxBozYqmJFnJ644MY8ZY4TfXWjNYbemXF-2Ij47572rLUHmTQSgwaXY2-xF7iiPjAb0JkcwN52Gw6x9LXY1C49XBf_aTv0R0XiCgxWlkLgRaofQeSUMaDJUrjx3jx_XOndqbWBwIhUzGlpC2DuUZakOPoDzGIWGLhIBWk01dx_svrd96uh5nYF7390K2YVr41vpUv7LFGS6mDvlIw| accessdate =25 February 2020}}</ref>

There are four tiers of cards available, which users will qualify for based on how many SOLOs they have in their wallets.<ref>Abigale Lormen ,{{cite news | last = | first = | title= CoinField’s initiative employs the XRP Ledger powered by Ripple; analysts predict massive move| newspaper =| location = | pages = | language = | publisher =ourbitcoinnews.com| date =16 October 2019| url =https://ourbitcoinnews.com/coinfields-initiative-employs-the-xrp-ledger-powered-by-ripple-analysts-predict-massive-move/| accessdate =25 February 2020}}</ref> The cards are available in three different materials. These are plastic, metal, and carbon fibre.<ref>{{cite news | last = | first = | title=Sologenic To Use Ripple's XRP Ledger For Stock And ETF Trading| newspaper =| location = | pages = | language = | publisher =seekingalpha.com| date =23 October 2019| url =https://seekingalpha.com/instablog/50782395-dan_gray/5365794-sologenic-to-use-ripples-xrp-ledger-for-stock-and-etf-trading| accessdate =25 February 2020}}</ref>

==Products==
===SOLO Wallet app===
On 5th February 2020, Sologenic launched its decentralized SOLO Wallet app for SOLO, XRP, and tokenized assets.<ref>{{cite news | last = | first = | title= Sologenic Launches First Decentralized Wallet App for SOLO, XRP and Tokenized Stocks| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =6 February 2020 | url =https://www.globenewswire.com/news-release/2020/02/06/1981442/0/en/Sologenic-Launches-First-Decentralized-Wallet-App-for-SOLO-XRP-and-Tokenized-Stocks.html | accessdate =25 February 2020}}</ref> The app is available to download on the App Store and Google Play.<ref>{{cite news | last = | first = | title= Sologenic Launches First Decentralized Wallet App For Solo, Xrp And Tokenized Stocks| newspaper =| location = | pages = | language = | publisher =cbj.ca| date =6 February 2020 | url =https://www.cbj.ca/sologenic-launches-first-decentralized-wallet-app-for-solo-xrp-and-tokenized-stocks/ | accessdate =25 February 2020}}</ref>

The app allows users to add, activate, and manage multiple wallets, hold, and transfer digital assets from a single wallet address, receive live market price updates, track recent transactions, and more.<ref>{{cite news | last = | first = | title= Sologenic Launches First Decentralized Wallet App for SOLO, XRP and Tokenized Stocks | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =6 February 2020 | url =https://finance.yahoo.com/news/sologenic-launches-first-decentralized-wallet-210610817.html | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= IEO for Ripple (XRP) based exchange Sologenic now live on CoinField| newspaper =| location = | pages = | language = | publisher =cryptoninjas.net| date =20 February 2020 | url =https://www.cryptoninjas.net/2020/02/20/ieo-for-ripple-xrp-based-exchange-sologenic-now-live-on-coinfield/ | accessdate =25 February 2020}}</ref>

==Regulations==
Regulations prevent Sologenic from operating in the USA and Canada.

==Sologenic Community==
Sologenic is a community-focused project, founded on the belief that cryptocurrency is used in any way imaginable, by anyone in the world. The Sologenic supporters all share this belief, when participating in Sologenic’s programs and community funds.<ref>JP Buntinx,{{cite news | last = | first = | title=What is SoloGenic?| newspaper =| location = | pages = | language = | publisher =nulltx.com| date =15 October 2019| url =https://nulltx.com/what-is-sologenic/| accessdate =25 February 2020}}</ref>

===SOLO Community Fund (SCF)===
Sologenic is committed to building the infrastructure required for the large-scale adoption of cryptocurrencies. The SCF’s purpose is to help the blockchain and cryptocurrency ecosystem grow. The fund is used to develop decentralized community-based projects, community events and emergency situations. The first initiative funded by the SCF is Sologenic’s XRP Bounty Program.<ref>{{cite news | last = | first = | title=Sologenic Offers New Bounty Program to Launch XRP Validators| newspaper =| location = | pages = | language = | publisher =bloomberg.com| date =10 February 2020| url =https://www.bloomberg.com/press-releases/2020-02-10/sologenic-offers-new-bounty-program-to-launch-xrp-validators| accessdate =25 February 2020}}</ref>

Started in February 2020, the Bounty Program is open to 10 qualified developers or businesses who launch an XRP Validator in 2020.<ref>{{cite news | last = | first = | title=Sologenic Launches New Program to Play Bigger Role in the Growth of XRP Ledger| newspaper =| location = | pages = | language = | publisher =newslogical.com| date =7 February 2020| url =https://newslogical.com/sologenic-launches-new-program-to-play-bigger-role-in-the-growth-of-xrp-ledger/| accessdate =25 February 2020}}</ref> Applicants must be verifiable developers or businesses supporting XRP.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref>

===Community Participation Program===
Sologenic deploys a specific algorithm to analyze the community feedback in different events such as SCF, allowing SOLO holders to participate in the selection process.<ref>Manu Naik,{{cite news | last = | first = | title= You can build on XRP Ledger… general public is unaware: CoinField CTO| newspaper =| location = | pages = | language = | publisher =maltablockchainsummit.com| date =7 November 2019 | url =https://ambcrypto.com/you-can-build-on-xrp-ledger-general-public-is-unaware-coinfield-cto/| accessdate =25 February 2020}}</ref> The weight of the SOLO holder's participation power in community events depends on the number of SOLO coins they hold. For example, if a user holds 100 SOLO coins, this translates to 100 points, whereas a user with one SOLO coin has one point towards influencing outcomes.<ref>Ketaki Dixit,{{cite news | last = | first = | title= Here is why Peru bank switched from Ripple’s xCurrent to xRapid| newspaper =| location = | pages = | language = | publisher =tronweekly.com| date =7 November 2019 | url =https://www.tronweekly.com/here-is-why-peru-bank-switched-from-ripples-xcurrent-to-xrapid/| accessdate =25 February 2020}}</ref>

==SOLO Expansion Fund (SEF)==
The SOLO Expansion Fund (SEF) goes towards the marketing and promotional activities for the Sologenic ecosystem, such as listing fees for SOLO on global exchanges, summits, gatherings, and worldwide marketing campaigns explicitly promoting the Sologenic ecosystem, SOLO coins, and community Airdrops.<ref>Viktor Sokolov,{{cite news | last = | first = | title=Ripple XRP will become global reserve currency| newspaper =| location = | pages = | language = | publisher =bitzarena.com| date =4 November 2019 | url =https://bitzarena.com/ripple-xrp-will-become-global-reserve-currency/| accessdate =25 February 2020}}</ref> The purpose of this fund is to directly grow Sologenic, increase its global reach, and increase the long term value of SOLO to protect its investors.<ref>{{cite news | last = | first = | title=CoinField’s CEO Explains the Timeline for Trading Stocks and ETFs on Sologenic Platform| newspaper =| location = | pages = | language = | publisher =coinspeaker.com| date =12 February 2020 | url =https://www.coinspeaker.com/coinfield-stocks-etfs-sologenic-platform/| accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Presents SOLOGENIC, Tool to Issue Stock and Fiat-Backed Stablecoins on XRP Ledger| newspaper =| location = | pages = | language = | publisher =investing.com| date =15 October 2019 | url =https://www.investing.com/news/cryptocurrency-news/coinfield-presents-sologenic-tool-to-issue-stock-and-fiatbacked-stablecoins-on-xrp-ledger-1996499| accessdate =25 February 2020}}</ref>

==See also==
* [[CoinField]]

==External Links==
* [https://www.coinfield.com/ CoinField website]

==References==

[[Category:Payment Processors]]

Sologenic

2020-03-09T19:27:39Z

Mpotonwa: Sologenic new page

{{infobox company|name=Sologenic|image=
|location=
|industry=Digital Asset
|foundation=2019
|founder=
|employees=
|twitter=
|facebook=
|website=https://www.sologenic.com/
}}

'''Sologenic''' is a project backed by CoinField. It is an ecosystem built on the XRP Ledger allowing users to trade tokenized assets with any crypto assets.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> There is a total supply of 400,000,000 SOLO available.<ref>{{cite news | last = | first = | title= Sologenic : la révolution des actifs tokénisés sur le XRP Ledger | newspaper =| location = | pages = | language = | publisher =hazel.finance.blog| date =| url =https://hazel.finance.blog/2020/02/11/sologenic-la-revolution-des-actifs-tokenises-sur-le-xrp-ledger/ | accessdate =25 February 2020}}</ref>

SOLO live trading launched on CoinField’s exchange on March 2nd, 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP, and EUR. SOLO will also be tradeable on CoinField’s upcoming decentralized XRPL exchange (DEX) and global exchanges worldwide.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL | newspaper =| location = | pages = | language = | publisher =decrypt.co| date =15 October 2019| url =https://decrypt.co/10353/coinfield-sologenic-stocks-crypto-trading-xrpl-ripple | accessdate =25 February 2020}}</ref>

The Sologenic ecosystem will enable billions of people to tokenize different non-blockchain-based assets such as stocks and ETFs from 30+ global exchanges, and trade them against cryptocurrencies on a single platform.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic Offers New Bounty Program to Launch XRP Validators| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =10 February 2020 | url =https://finance.yahoo.com/news/sologenic-offers-bounty-program-launch-204948709.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAA8rUbL-sXnmr-CzI_Lb9rBpURnqNnTpa4yv5mz0qnIRYTUaAO6o3-7N0Swmgf7OF-xrjxenjEYlv1SlqgU64rMmqCTI19aPswpgjT2JQFYBuvNFrcAucRqU8a_kSQCpvlntIsX3_Of5JjWznjFjcc62XesetKXbotqMCgzBPpyd | accessdate =25 February 2020}}</ref>

==History and Leadership==
Bob Ras, CEO of CoinField, a European-based Cryptocurrency exchange, is the co-creator of [https://www.sologenic.com/ Sologenic].<ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref> He has several ventures in manufacturing, marketing, and technology industries.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref> Reza Bashash, CTO of CoinField, is also the co-creator of Sologenic. Bashash is a reliable entrepreneur with a proven track record.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref> He is an influential blockchain advocate.<ref>Nick James,{{cite news | last = | first = | title=XRP Offers ‘Much Better And Stronger Technology Than Ethereum’ – CoinField CEO Bob Ras Opines| newspaper =| location = | pages = | language = | publisher =zycrypto.com| date =21 November 2019| url =https://zycrypto.com/xrp-offers-much-better-and-stronger-technology-than-ethereum-coinfield-ceo-bob-ras-opines/ | accessdate =25 February 2020}}</ref>

In 2018, Ras and Bashash switched their focus to cryptocurrency and blockchain technology with one goal in mind: To create a new financial ecosystem for the modern era, and Sologenic was born. <ref>Khalid Lawal,{{cite news | last = | first = | title=I Love to Think XRP Would Soon Become Global Reserve Currency – CoinField CEO| newspaper =| location = | pages = | language = | publisher =newslogical.com| date =2 November 2019| url =https://newslogical.com/i-love-to-think-xrp-would-soon-become-global-reserve-currency-coinfield-ceo/ | accessdate =25 February 2020}}</ref>

==Goals==
Sologenic modernizes traditional functions of current financial markets and facilitates the mass adoption of cryptocurrency.<ref>Christine Masters,{{cite news | last = | first = | title= CoinField Presents SOLOGENIC, Tool to Issue Stock and Fiat-Backed Stablecoins on XRP Ledger | newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =15 October 2019| url =https://cryptovest.com/news/coinfield-presents-sologenic-tool-to-issue-stock-and-fiat-backed-stablecoins-on-xrp-ledger/?utm_source=Investing.com&utm_medium=PartnerFeeds | accessdate =25 February 2020}}</ref>

Built on the XRP Ledger (XRPL), the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Alex Dovbnya,{{cite news | last = | first = | title= Ripple's XRP Ledger to Facilitate "Ultra-Fast" Trading of Traditional Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =u.today| date =15 October 2019| url =https://u.today/ipples-xrp-ledger-to-facilitate-ultra-fast-trading-of-traditional-stocks-and-etfs| accessdate =25 February 2020}}</ref> It will enable people all around the world to buy and sell stock in their favorite companies with SOLO, without the need for traditional brokerages.<ref>Arijit Sarkar,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =15 October 2019| url =https://eng.ambcrypto.com/coinfield-unveils-secret-xrp-ledger-project-sologenic/| accessdate =25 February 2020}}</ref> Users can deposit fiat currencies such as USD, CAD, EUR, GBP, JPY, and AED into their Sologenic wallets, convert it to SOLO, and then buy stock on global exchanges.<ref>Stefania Stimolo,{{cite news | last = | first = | title= CoinField announces Sologenic built on the XRP Ledger (XRPL)| newspaper =| location = | pages = | language = | publisher =en.cryptonomist.ch| date =15 October 2019| url =https://en.cryptonomist.ch/2019/10/15/coinfield-sologenic-xrp-ledger/| accessdate =25 February 2020}}</ref> Customers can also turn the cryptocurrency XRP to SOLO. Conversions work both ways, allowing for customers to sell stock and withdraw in fiat currencies.<ref>{{cite news | last = | first = | title= SoloGenic – Tokenize Assets, Stocks & ETF’s in Exciting XRP Eco-system| newspaper =| location = | pages = | language = | publisher =xrpripplenews.com| date =| url =https://xrpripplenews.com/2019/10/15/sologenic-tokenize-assets-stocks-fiat-etfs-in-exciting-xrp-eco-system/| accessdate =25 February 2020}}</ref>

==Upcoming Services==
===Decentralized XRPL Exchange===
The exchange, built on the XRP Ledger, enables users to trade tokenized assets for SOLO or XRP.<ref>{{cite news | last = | first = | title= CoinField’s Secret XRP Ledger Project Sologenic to Tokenize Stocks & ETFs| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =15 October 2019| url =https://bitcoinexchangeguide.com/coinfields-secret-xrp-ledger-project-sologenic-to-tokenize-stocks-etfs/| accessdate =25 February 2020}}</ref> Users will have access to 30+ global stock exchanges where they can buy and sell stock in their favorite companies.<ref>Carlos Terenzi,{{cite news | last = | first = | title= CoinField Exchange Introduces Sologenic Platform Built On The XRP Ledger| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/coinfield-exchange-introduces-sologenic-platform-built-on-xrp-ledger/| accessdate =25 February 2020}}</ref>

===Crypto Cards===
SOLO holders can obtain a free Crypto Card, which will allow them to spend their cryptocurrencies anywhere in the world.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL)| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019| url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255| accessdate =25 February 2020}}</ref> The cards offer many benefits, including monthly cashback, airport lounge access, discounts on select hotels and private events, and access to the Liquidity Provider Reward Program (LPRP).<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Bringing Stock and Fiat-backed Stablecoins on the XRP Ledger| newspaper =| location = | pages = | language = | publisher =bitcoingarden.org| date =17 October 2019| url =https://bitcoingarden.org/crypto-exchange-coinfield-bringing-stock-and-fiat-backed-stablecoins-on-the-xrp-ledger/?__cf_chl_jschl_tk__=33d2b074c7ef3f5310e2ada6edc3555be189fb30-1582658502-0-Ae3_PymNpVxZBYIc8C_8RvYX_59mXNV1dRNlwSeF8djWoLMrPLNFzN6Bw669EH-iTT0JWEuOQUTgUxukqZtINcvV5RQu9P4jTEe4UxqZgeqhWSit97KYMBbDSg8xqXKH0ltjPjxTbHeJ0Br28QaNGewx6OyOPEp2MD7EFs4GeKdQXqn8MMatSzHE242Pus3EDARorSxxBozYqmJFnJ644MY8ZY4TfXWjNYbemXF-2Ij47572rLUHmTQSgwaXY2-xF7iiPjAb0JkcwN52Gw6x9LXY1C49XBf_aTv0R0XiCgxWlkLgRaofQeSUMaDJUrjx3jx_XOndqbWBwIhUzGlpC2DuUZakOPoDzGIWGLhIBWk01dx_svrd96uh5nYF7390K2YVr41vpUv7LFGS6mDvlIw| accessdate =25 February 2020}}</ref>

There are four tiers of cards available, which users will qualify for based on how many SOLOs they have in their wallets.<ref>Abigale Lormen ,{{cite news | last = | first = | title= CoinField’s initiative employs the XRP Ledger powered by Ripple; analysts predict massive move| newspaper =| location = | pages = | language = | publisher =ourbitcoinnews.com| date =16 October 2019| url =https://ourbitcoinnews.com/coinfields-initiative-employs-the-xrp-ledger-powered-by-ripple-analysts-predict-massive-move/| accessdate =25 February 2020}}</ref> The cards are available in three different materials. These are plastic, metal, and carbon fibre.<ref>{{cite news | last = | first = | title=Sologenic To Use Ripple's XRP Ledger For Stock And ETF Trading| newspaper =| location = | pages = | language = | publisher =seekingalpha.com| date =23 October 2019| url =https://seekingalpha.com/instablog/50782395-dan_gray/5365794-sologenic-to-use-ripples-xrp-ledger-for-stock-and-etf-trading| accessdate =25 February 2020}}</ref>

==Products==
===SOLO Wallet app===
On 5th February 2020, Sologenic launched its decentralized SOLO Wallet app for SOLO, XRP, and tokenized assets.<ref>{{cite news | last = | first = | title= Sologenic Launches First Decentralized Wallet App for SOLO, XRP and Tokenized Stocks| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =6 February 2020 | url =https://www.globenewswire.com/news-release/2020/02/06/1981442/0/en/Sologenic-Launches-First-Decentralized-Wallet-App-for-SOLO-XRP-and-Tokenized-Stocks.html | accessdate =25 February 2020}}</ref> The app is available to download on the App Store and Google Play.<ref>{{cite news | last = | first = | title= Sologenic Launches First Decentralized Wallet App For Solo, Xrp And Tokenized Stocks| newspaper =| location = | pages = | language = | publisher =cbj.ca| date =6 February 2020 | url =https://www.cbj.ca/sologenic-launches-first-decentralized-wallet-app-for-solo-xrp-and-tokenized-stocks/ | accessdate =25 February 2020}}</ref>

The app allows users to add, activate, and manage multiple wallets, hold, and transfer digital assets from a single wallet address, receive live market price updates, track recent transactions, and more.<ref>{{cite news | last = | first = | title= Sologenic Launches First Decentralized Wallet App for SOLO, XRP and Tokenized Stocks | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =6 February 2020 | url =https://finance.yahoo.com/news/sologenic-launches-first-decentralized-wallet-210610817.html | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= IEO for Ripple (XRP) based exchange Sologenic now live on CoinField| newspaper =| location = | pages = | language = | publisher =cryptoninjas.net| date =20 February 2020 | url =https://www.cryptoninjas.net/2020/02/20/ieo-for-ripple-xrp-based-exchange-sologenic-now-live-on-coinfield/ | accessdate =25 February 2020}}</ref>

==Regulations==
Regulations prevent Sologenic from operating in the USA and Canada.

==Sologenic Community==
Sologenic is a community-focused project, founded on the belief that cryptocurrency is used in any way imaginable, by anyone in the world. The Sologenic supporters all share this belief, when participating in Sologenic’s programs and community funds.<ref>JP Buntinx,{{cite news | last = | first = | title=What is SoloGenic?| newspaper =| location = | pages = | language = | publisher =nulltx.com| date =15 October 2019| url =https://nulltx.com/what-is-sologenic/| accessdate =25 February 2020}}</ref>

===SOLO Community Fund (SCF)===
Sologenic is committed to building the infrastructure required for the large-scale adoption of cryptocurrencies. The SCF’s purpose is to help the blockchain and cryptocurrency ecosystem grow. The fund is used to develop decentralized community-based projects, community events and emergency situations. The first initiative funded by the SCF is Sologenic’s XRP Bounty Program.<ref>{{cite news | last = | first = | title=Sologenic Offers New Bounty Program to Launch XRP Validators| newspaper =| location = | pages = | language = | publisher =bloomberg.com| date =10 February 2020| url =https://www.bloomberg.com/press-releases/2020-02-10/sologenic-offers-new-bounty-program-to-launch-xrp-validators| accessdate =25 February 2020}}</ref>

Started in February 2020, the Bounty Program is open to 10 qualified developers or businesses who launch an XRP Validator in 2020.<ref>{{cite news | last = | first = | title=Sologenic Launches New Program to Play Bigger Role in the Growth of XRP Ledger| newspaper =| location = | pages = | language = | publisher =newslogical.com| date =7 February 2020| url =https://newslogical.com/sologenic-launches-new-program-to-play-bigger-role-in-the-growth-of-xrp-ledger/| accessdate =25 February 2020}}</ref> Applicants must be verifiable developers or businesses supporting XRP.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref>

===Community Participation Program===
Sologenic deploys a specific algorithm to analyze the community feedback in different events such as SCF, allowing SOLO holders to participate in the selection process.<ref>Manu Naik,{{cite news | last = | first = | title= You can build on XRP Ledger… general public is unaware: CoinField CTO| newspaper =| location = | pages = | language = | publisher =maltablockchainsummit.com| date =7 November 2019 | url =https://ambcrypto.com/you-can-build-on-xrp-ledger-general-public-is-unaware-coinfield-cto/| accessdate =25 February 2020}}</ref> The weight of the SOLO holder's participation power in community events depends on the number of SOLO coins they hold. For example, if a user holds 100 SOLO coins, this translates to 100 points, whereas a user with one SOLO coin has one point towards influencing outcomes.<ref>Ketaki Dixit,{{cite news | last = | first = | title= Here is why Peru bank switched from Ripple’s xCurrent to xRapid| newspaper =| location = | pages = | language = | publisher =tronweekly.com| date =7 November 2019 | url =https://www.tronweekly.com/here-is-why-peru-bank-switched-from-ripples-xcurrent-to-xrapid/| accessdate =25 February 2020}}</ref>

==SOLO Expansion Fund (SEF)==
The SOLO Expansion Fund (SEF) goes towards the marketing and promotional activities for the Sologenic ecosystem, such as listing fees for SOLO on global exchanges, summits, gatherings, and worldwide marketing campaigns explicitly promoting the Sologenic ecosystem, SOLO coins, and community Airdrops.<ref>Viktor Sokolov,{{cite news | last = | first = | title=Ripple XRP will become global reserve currency| newspaper =| location = | pages = | language = | publisher =bitzarena.com| date =4 November 2019 | url =https://bitzarena.com/ripple-xrp-will-become-global-reserve-currency/| accessdate =25 February 2020}}</ref> The purpose of this fund is to directly grow Sologenic, increase its global reach, and increase the long term value of SOLO to protect its investors.<ref>{{cite news | last = | first = | title=CoinField’s CEO Explains the Timeline for Trading Stocks and ETFs on Sologenic Platform| newspaper =| location = | pages = | language = | publisher =coinspeaker.com| date =12 February 2020 | url =https://www.coinspeaker.com/coinfield-stocks-etfs-sologenic-platform/| accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Presents SOLOGENIC, Tool to Issue Stock and Fiat-Backed Stablecoins on XRP Ledger| newspaper =| location = | pages = | language = | publisher =investing.com| date =15 October 2019 | url =https://www.investing.com/news/cryptocurrency-news/coinfield-presents-sologenic-tool-to-issue-stock-and-fiatbacked-stablecoins-on-xrp-ledger-1996499| accessdate =25 February 2020}}</ref>

==See also==
* [[CoinField]]

==External Links==
* [https://www.coinfield.com/ CoinField website]

==References==

[[Category:Cryptocurrencies]]
[[Category:Mobile payments]]

CoinField

2020-03-09T19:24:17Z

Mpotonwa:

{{infobox company|name=CoinField|image=
|location=Tallinn, Estonia
|industry= Bitcoin & Cryptocurrency Exchange
|foundation=2018
|founder= Bob Ras Reza Bashash 
|twitter=
|facebook=
|website=https://www.coinfield.com/
}}

'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表| newspaper =| location = | pages = | language = | publisher =coinpost.jp| date =| url =https://coinpost.jp/?post_type=pressrelease&p=133029 | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==External Links==
* [https://www.sologenic.com/ Sologenic website]

==References==

[[Category:Exchanges]]

CoinField

2020-03-09T19:15:07Z

Mpotonwa:

{{infobox company|name=CoinField|image=
|location=Tallinn, Estonia
|industry= Bitcoin & Cryptocurrency Exchange
|founder= Bob Ras Reza Bashash founded, 2018
|twitter=
|facebook=
|website=https://www.coinfield.com/
}}

'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表| newspaper =| location = | pages = | language = | publisher =coinpost.jp| date =| url =https://coinpost.jp/?post_type=pressrelease&p=133029 | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==External Links==
* [https://www.sologenic.com/ Sologenic website]

==References==

[[Category:Exchanges]]

CoinField

2020-03-09T19:14:08Z

Mpotonwa: /* References */

{{infobox company|name=CoinField|image=
|location=Tallinn, Estonia
|industry= Bitcoin & Cryptocurrency Exchange
|founder= Bob Ras Reza Bashash founded, 2018
|twitter=
|facebook=
|website=https://www.coinfield.com/
}}

'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表| newspaper =| location = | pages = | language = | publisher =coinpost.jp| date =| url =https://coinpost.jp/?post_type=pressrelease&p=133029 | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==References==

==External Links==
* [https://www.sologenic.com/ Sologenic website]

[[Category:Exchanges]]

CoinField

2020-03-09T19:13:20Z

Mpotonwa:

{{infobox company|name=CoinField|image=
|location=Tallinn, Estonia
|industry= Bitcoin & Cryptocurrency Exchange
|founder= Bob Ras Reza Bashash founded, 2018
|twitter=
|facebook=
|website=https://www.coinfield.com/
}}

'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表| newspaper =| location = | pages = | language = | publisher =coinpost.jp| date =| url =https://coinpost.jp/?post_type=pressrelease&p=133029 | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==References==
{{reflist|2}}

==External Links==
* [https://www.sologenic.com/ Sologenic website]

[[Category:Exchanges]]

CoinField

2020-03-09T19:12:52Z

Mpotonwa: Category:Exchanges

{{infobox company|name=CoinField|image=
|location=Tallinn, Estonia
|industry= Bitcoin & Cryptocurrency Exchange
|founder= Bob Ras Reza Bashash founded, 2018
|twitter=
|facebook=
|website=https://www.coinfield.com/
}}

'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表| newspaper =| location = | pages = | language = | publisher =coinpost.jp| date =| url =https://coinpost.jp/?post_type=pressrelease&p=133029 | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==References==
{{reflist|2}}

==External Links==
* [https://www.sologenic.com/ Sologenic website]

[[Category:Exchanges]]
[[Category:Bitcoin companies]]

CoinField

2020-03-09T19:10:55Z

Mpotonwa: infobox

{{infobox company|name=CoinField|image=
|location=Tallinn, Estonia
|industry= Bitcoin & Cryptocurrency Exchange
|founder= Bob Ras Reza Bashash founded, 2018
|twitter=
|facebook=
|website=https://www.coinfield.com/
}}

'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表| newspaper =| location = | pages = | language = | publisher =coinpost.jp| date =| url =https://coinpost.jp/?post_type=pressrelease&p=133029 | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==References==
{{reflist|2}}

==External Links==
* [https://www.sologenic.com/ Sologenic website]

[[Category:2018 establishments]]
[[Category:Companies of Canada ]]
[[Category:Bitcoin companies]]

CoinField

2020-03-09T19:05:29Z

Mpotonwa:

{{Infobox company
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| hq_location_country = Estonia
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* Bob Ras (CEO)
* Reza Bashash (CTO)
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'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表| newspaper =| location = | pages = | language = | publisher =coinpost.jp| date =| url =https://coinpost.jp/?post_type=pressrelease&p=133029 | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==References==
{{reflist|2}}

==External Links==
* [https://www.sologenic.com/ Sologenic website]

[[Category:2018 establishments]]
[[Category:Companies of Canada ]]
[[Category:Bitcoin companies]]

CoinField

2020-03-09T19:04:22Z

Mpotonwa: infobox

{{Infobox company
| name = CoinField
| logo =
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| founders = Bob Ras & Reza Bashash.
| defunct = 
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| hq_location_city = Tallinn
| hq_location_country = Estonia
| num_locations =
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* Bob Ras (CEO)
* Reza Bashash (CTO)
}}
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| footnotes =
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}}

'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表| newspaper =| location = | pages = | language = | publisher =coinpost.jp| date =| url =https://coinpost.jp/?post_type=pressrelease&p=133029 | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==References==
{{reflist|2}}

==External Links==
* [https://www.sologenic.com/ Sologenic website]

[[Category:2018 establishments]]
[[Category:Companies of Canada ]]
[[Category:Bitcoin companies]]

CoinField

2020-03-09T19:03:52Z

Mpotonwa: CoinField new page

'''CoinField''' is a fully-regulated European-based [[Cryptocurrency]] exchange serving 193 countries worldwide.<ref>Jose Antonio Lanz,{{cite news | last = | first = | title= XRP Chosen As Base Pair For 130+ Coins By Canadian Exchange Coinfield | newspaper =| location = | pages = | language = | publisher =ethereumworldnews.com| date =23 March 2019 | url =https://ethereumworldnews.com/xrp-chosen-as-base-pair-for-130-coins-by-canadian-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The exchange offers the trade of 21 cryptocurrencies.<ref>{{cite news | last = | first = | title= Canada's CoinField Exchange Set To Launch Ripple And Stellar Trading Pair (XLM/XRP) | newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =14 December 2018 | url =https://bitcoinexchangeguide.com/canadas-coinfield-exchange-set-to-launch-ripple-and-stellar-trading-pair-xlm-xrp/ | accessdate =25 February 2020}}</ref> It currently has more than 200,000 users and a daily trading volume of $30m USD.<ref>{{cite news | last = | first = | title= Crypto Exchange CoinField Unveils Secret XRP Project, Plans to Tokenize Stocks and ETFs | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =15 October 2019 | url =https://dailyhodl.com/2019/10/15/crypto-exchange-coinfield-unveils-secret-xrp-project-plans-to-tokenize-stocks-and-etfs/ | accessdate =25 February 2020}}</ref>

==History and Founders==
[https://www.coinfield.com/ CoinField] was founded in April 2018 by Bob Ras, who is the current CEO of the company, and Reza Bashash, who is the CTO.<ref>Solomon Odunayo,{{cite news | last = | first = | title=XRP is Better than Ethereum – CoinField CEO, Bob Ras| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =23 November 2019| url =https://newslogical.com/xrp-is-better-than-ethereum-coinfield-ceo-bob-ras/ | accessdate =25 February 2020}}</ref><ref name="NEWS">Khalid Lawal,{{cite news | last = | first = | title= SOLO & XRP Wallet Apps to Go Live on Apple Store & Google Play | newspaper =| location = | pages = | language = | publisher =newslogical.com| date =3 February 2020 | url =https://newslogical.com/solo-xrp-wallet-apps-to-go-live-on-apple-store-google-play/ | accessdate =25 February 2020}}</ref> Before the launching of CoinField, Bob had several successful ventures in manufacturing, marketing, and technology industries while Reza, an engineer and founder of several tech companies, has experience working in Artificial Intelligence and FinTech industries for more than ten years.<ref>Adrian Barkley,{{cite news | last = | first = | title=Ripple’s IPO Will Make The Firm Stronger According To The Sologenic CEO| newspaper =| location = | pages = | language = | publisher =cryptodaily.co.uk| date =20 February 2020| url =https://cryptodaily.co.uk/2020/02/ripple-ipo-firm-strong-ceo | accessdate =25 February 2020}}</ref>

The CoinField Head Office is currently located in Tallinn, Estonia. The company employs 35+ people with a variety of skill sets.<ref name="NEWS"/>

===Regulations and licences===
CoinField is fully regulated and compliant in 193 countries worldwide.<ref>Benjamin Pirus,{{cite news | last = | first = | title=Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =21 February 2020 | url =https://cointelegraph.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield | accessdate =25 February 2020}}</ref> There are 39 countries where CoinField does not offer service due to regulations.<ref>Anthonia Isichei ,{{cite news | last = | first = | title=CoinField Integrates Chainalysis KYT Surveillance Tool to Fight Money Laundering| newspaper =| location = | pages = | language = | publisher =btcmanager.com| date =21 February 2020 | url =https://btcmanager.com/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/?q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/&q=/coinfield-chainalysis-kyt-surveillance-tool-money-laundering/ | accessdate =25 February 2020}}</ref> CoinField does not currently operate in the United States but aims to start trading there soon.

In February 2020, CoinField partnered with [[blockchain]] analysis company ''Chainalysis''.<ref>Ali Raza,{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =insidebitcoins.com| date =21 February 2020 | url =https://insidebitcoins.com/news/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/251561 | accessdate =25 February 2020}}</ref><ref>Lili Chuang,{{cite news | last = | first = | title= Chainalysis Teams Up With Coinfield to Provide Crypto Compliance Solution| newspaper =| location = | pages = | language = | publisher =coinnewsspan.com| date = | url =https://www.coinnewsspan.com/chainalysis-teams-up-with-coinfield-to-provide-crypto-compliance-solution/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Chainalysis to Monitor AML Compliance for Crypto Exchange CoinField| newspaper =| location = | pages = | language = | publisher =thebulletintime.com| date =23 February 2020 | url =https://www.thebulletintime.com/news/chainalysis-to-monitor-aml-compliance-for-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> The partnership allows CoinField to access the company’s Know-Your-Transaction (KYT) software, to prevent money laundering and to identify high-risk cryptocurrency transactions in real-time.<ref>{{cite news | last =Emilio | first =Janus | title= Chainalysis Enables Coinfield Exchange To ‘Know Your Transaction’ | newspaper =| location = | pages = | language = | publisher =bitcoinist.com| date =21 February 2020 | url =https://bitcoinist.com/chainalysis-enables-coinfield-exchange-to-know-your-transaction/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= CoinField Partners With Chainalysis To Leverage KYT and AML Features| newspaper =| location = | pages = | language = | publisher =elevenews.com| date = | url =https://elevenews.com/2020/02/21/coinfield-partners-with-chainalysis-to-leverage-kyt-and-aml-features/ | accessdate =25 February 2020}}</ref><ref>Arnab Shome,{{cite news | last = | first = | title= CoinField Taps Chainalysis’ KYT for Real-Time Crypto Monitoring| newspaper =| location = | pages = | language = | publisher =financemagnates.com| date =21 February 2020 | url =https://www.financemagnates.com/cryptocurrency/news/coinfield-taps-chainalysis-kyt-for-real-time-crypto-monitoring/ | accessdate =25 February 2020}}</ref><ref>Johnson Go,{{cite news | last = | first = | title=Coinfield and Chainalysis for crypto monitoring| newspaper =| location = | pages = | language = | publisher =cryptopolitan.com| date =22 February 2020 | url =https://www.cryptopolitan.com/coinfield-and-chainalysis-crypto-monitoring/ | accessdate =25 February 2020}}</ref>

==Fiats==
There are currently six fiat currency deposit and withdrawal options for CoinField customers. These are USD, EUR, CAD, GBP, AED and JPY.<ref>Chayanika Deka,{{cite news | last =Emilio | first =Janus | title= CoinField becomes Ripple’s verified validator; hints at upcoming XRPL project | newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =11 October 2019 | url =https://eng.ambcrypto.com/coinfield-becomes-ripples-verified-validator-hints-at-upcoming-xrpl-project/ | accessdate =25 February 2020}}</ref>

===Cryptocurrencies===
FIAT currencies can be traded on CoinField’s platform for 21 cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH) Bitcoin Gold (BTG) Ethereum (ETH), Litecoin (LTC), XRP, USDT, USD Coin (USDC), ZEC (Zcash), Digibyte (DGB) Ox (ZRX) XLM, Golem (GNT), Auger (REP), OmiseGo (OMG), TRX, SALT, Zilliqa (ZIL), Civic (CVC), LOOM, BAT, DASH and SOLO.<ref>Adriana Hamacher,{{cite news | last = | first = | title= Coinfield to open up 30,000 stocks for crypto trading on Ripple's XRPL| newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =15 October 2020 | url =https://finance.yahoo.com/news/coinfield-open-30-000-stocks-124720163.html?.tsrc=rss | accessdate =25 February 2020}}</ref><ref>Alex Dovbnya,{{cite news | last = | first = | title= 130+ XRP Pairs Being Added to Canada’s Coinfield Exchange| newspaper =| location = | pages = | language = | publisher =u.today| date =11 October 2019 | url =https://u.today/130-xrp-pairs-being-added-to-canadas-coinfield-exchange | accessdate =25 February 2020}}</ref>

==Products==
===Centralized Exchange===
The CoinField centralized exchange platform is hosted by CoinField's isolated servers and utilizes multi-signature cold storage wallets.<ref>Biraajmaan Tamuly,{{cite news | last = | first = | title= XRPTipBot links up with Canada’s CoinField to bolster XRP token adoption| newspaper =| location = | pages = | language = | publisher =eng.ambcrypto.com| date =25 July 2019 | url =https://eng.ambcrypto.com/xrptipbot-links-up-with-canadas-coinfield-to-bolster-xrp-token-adoption/ | accessdate =25 February 2020}}</ref>The exchange infrastructure is consistently audited by third parties to ensure compliance with the cybersecurity standards.<ref>{{cite news | last = | first = | title= XRP is on Fire as CoinField Mulls the Possibility of Using it as a Base Currency| newspaper =| location = | pages = | language = | publisher =cryptovest.com| date =26 September 2018 | url =https://cryptovest.com/news/xrp-is-on-fire-as-coinfield-mulls-the-possibility-of-using-it-as-a-base-currency/ | accessdate =25 February 2020}}</ref>

===Wallet and App===
CoinField operates a wallet management system to enable users to quickly and securely interact with their assets on the blockchain.<ref name="Daily">{{cite news | last = | first = | title= Mysterious ‘Game Changing’ XRP Project Underway, Says Crypto Exchange CoinField | newspaper =| location = | pages = | language = | publisher =dailyhodl.com| date =12 September 2019 | url =https://dailyhodl.com/2019/09/12/mysterious-game-changing-xrp-project-underway-says-crypto-exchange-coinfield/ | accessdate =25 February 2020}}</ref> CoinField’s mobile app allows users to evaluate charts on multiple time frames to facilitate informed crypto trading decisions. <ref>{{cite news | last = | first = | title= CoinField announces an incentive program for Open Source Developers within Sologeni| newspaper =| location = | pages = | language = | publisher =globenewswire.com| date =4 December 2019 | url =https://www.globenewswire.com/news-release/2019/12/04/1956137/0/en/CoinField-announces-an-incentive-program-for-Open-Source-Developers-within-Sologenic.html | accessdate =25 February 2020}}</ref>

Wallets are directly synchronized to the blockchain and hosted securely on private isolated servers to ensure secure transactions.The app is available on both the App Store and Google Play.<ref name="Daily"/>

===OTC Trading Desk===
CoinField’s Institutional Account & Over the Counter (OTC) Trading Desk enhances the execution of larger trades for corporate and high-net-worth individuals by offering more substantial liquidity, fast settlements, and privacy for each trade.<ref>Adrian Zmudzinski,{{cite news | last = | first = | title= Crypto Exchange CoinField Launches XRP Validator, Teases New Ecosystem| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =7 October 2019| url =https://cointelegraph.com/news/crypto-exchange-coinfield-launches-xrp-validator-teases-new-ecosystem | accessdate =25 February 2020}}</ref> There are no trading fees, and clients get a dedicated account manager.<ref>Carlos Terenzi,{{cite news | last = | first = | title= What’s CoinField XRP Project All About?| newspaper =| location = | pages = | language = | publisher =usethebitcoin.com| date =| url =https://usethebitcoin.com/whats-coinfield-xrp-project-all-about/ | accessdate =25 February 2020}}</ref> CoinField is in the process of extending its OTC services to 24 hours a day.<ref>Jimmy Aki,{{cite news | last = | first = | title= Canadian Platform to Become the Major Global Crypto Exchange by Expanding to 100 Countries| newspaper =| location = | pages = | language = | publisher =cointelegraph.com| date =15 January 2019| url =https://cointelegraph.com/news/canadian-platform-to-become-the-major-global-crypto-exchange-by-expanding-to-100-countries | accessdate =25 February 2020}}</ref>

===White Label===
CoinField offers a white label package for customers looking to start their exchange using CoinField’s software. CoinField’s centralized exchange has a team of 35+ experts with extensive experience ranging from blockchain to high-frequency trading software implementation.<ref name="CRD">Samantha Hurst,{{cite news | last = | first = | title= Canada’s CoinField Debuts White Label Crypto Exchange Software Licensing Program| newspaper =| location = | pages = | language = | publisher =crowdfundinsider.com| date =20 February 2019| url =https://www.crowdfundinsider.com/2019/02/144717-canadas-coinfield-debuts-white-label-crypto-exchange-software-licensing-program/ | accessdate =25 February 2020}}</ref>

The white-label exchange package includes access to CoinField’s deep liquidity pool to satisfy demand during the high peaks of trading activity, as well as 200+ digital assets, military-grade security systems, market pairing against fiat currencies, and more.<ref name="CRD"/>

===Sologenic===
Sologenic is a project backed by CoinField.<ref>Rajarshi Mitra,{{cite news | last = | first = | title= Coinfield to initiate new stocks on the popular XRP ledger (XRPL) | newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =16 October 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-to-initiate-new-stocks-on-the-popular-xrp-ledger-xrpl-201910162255 | accessdate =25 February 2020}}</ref> Sologenic aims to facilitate the mass adoption of cryptocurrency.<ref>Ali Raza,{{cite news | last = | first = | title=Sologenic, an XRP Ledger Project by Coinfield, Might Get Stock Trading Ledger Boost| newspaper =| location = | pages = | language = | publisher =bitcoinexchangeguide.com| date =4 November 2019| url =https://bitcoinexchangeguide.com/sologenic-an-xrp-ledger-project-by-coinfield-might-get-stock-trading-ledger-boost/ | accessdate =25 February 2020}}</ref> Built on the XRP Ledger, the Sologenic ecosystem allows trading and investing of 30,000 tokenized stocks and ETFs from 30+ global exchanges.<ref>Udit Agarwal,{{cite news | last = | first = | title= CoinField unveils ‘secret’ XRP Ledger project, Sologenic| newspaper =| location = | pages = | language = | publisher =headlinesoftoday.com| date =21 October 2019 | url =https://www.headlinesoftoday.com/business/coinfield-unveils-secret-xrp-ledger-project-sologenic.html | accessdate =25 February 2020}}</ref><ref>Angela Scott-Briggs,{{cite news | last = | first = | title=CoinField’s Project Sologenic to Allow Stock Trading on Ripple’s XRP Ledger: An exclusive interview with Bob Ras – the founder of Sologenic| newspaper =| location = | pages = | language = | publisher =techbullion.com| date =1 November 2019| url =https://techbullion.com/coinfields-project-sologenic-to-allow-stock-trading-on-ripples-xrp-ledger-an-exclusive-interview-with-bob-ras-the-founder-of-sologenic/ | accessdate =25 February 2020}}</ref>

Sologenic will enable people all around the world to buy stock in their favorite companies using SOLO.<ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref> SOLO holders will also have the ability to spend their cryptocurrency anywhere in the world with the use of Crypto Cards.<ref>Rajan Dhall,{{cite news | last = | first = | title= CoinField coy on new XRP project| newspaper =| location = | pages = | language = | publisher =fxstreet.com| date =26 August 2019 | url =https://www.fxstreet.com/cryptocurrencies/news/coinfield-coy-on-new-xrp-project-201908262000 | accessdate =25 February 2020}}</ref>

Sologenic had its Initial Exchange Offering (IEO) from February 18-25 2020, and live trading launched on CoinField’s exchange on March 2nd 2020. The first trading pairs available were USD, USDT, USDC, XRP, GBP and EUR.<ref>{{cite news | last = | first = | title=CoinField Sologenicの初めてのIEO (initial exchange offering) を行う予定と発表| newspaper =| location = | pages = | language = | publisher =coinpost.jp| date =| url =https://coinpost.jp/?post_type=pressrelease&p=133029 | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title=CoinField Launches Sologenic Initial Exchange Offering | newspaper =| location = | pages = | language = | publisher =globalcoinreport.com| date =19 February 2020 | url =https://globalcoinreport.com/coinfield-launches-sologenic-initial-exchange-offering/ | accessdate =25 February 2020}}</ref><ref>{{cite news | last = | first = | title= Sologenic IEO Will Be Launched on CoinField Exchange on February 18th | newspaper =| location = | pages = | language = | publisher =finance.yahoo.com| date =21 January 2020 | url =https://finance.yahoo.com/news/sologenic-ieo-launched-coinfield-exchange-150000076.html | accessdate =25 February 2020}}</ref>

==Franchising==
CoinField offers entrepreneurs the opportunity to franchise CoinField’s brand. Franchise customers can start a CoinField franchise in their own country and have access to CoinField’s services, portfolio of coins, and profit-sharing.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

Currently, franchise opportunities are available in Argentina, Australia, Bahrain, Brazil, France, Japan, Malaysia, Mexico, New Zealand, Qatar, Russia, Saudi Arabia, Singapore, South Korea, UAE, United Kingdom, and the USA.<ref>{{cite news | last = | first = | title= CoinField Introduces Crypto Exchange Franchises in 15 Markets| newspaper =| location = | pages = | language = | publisher =globalfintechseries.com| date =23 January 2020 | url =https://globalfintechseries.com/coinfield-introduces-crypto-exchange-franchises-in-15-markets/ | accessdate =25 February 2020}}</ref>

==See also==
* [[Sologenic]]

==References==
{{reflist|2}}

==External Links==
* [https://www.sologenic.com/ Sologenic website]

[[Category:2018 establishments]]
[[Category:Companies of Canada ]]
[[Category:Bitcoin companies]]

User:Mpotonwa

2020-03-05T04:28:26Z

Mpotonwa: Created page with "Good to be here to edit"

Good to be here to edit

File:Humaniq.jpg

2017-04-28T18:19:35Z

Mpotonwa: Humaniq process flow

== Summary ==
Humaniq process flow
== Licensing ==
{{self|Cc-zero}}