As Mike has previously mentioned, we are working towards our goal of the democratisation of finance. We are working towards offering blockchain-based financial services for the entire world. We're aiming to service the next billion users. These are big goals, but we believe we are on the right path to achieve them. A major milestone will be the transition from QRYPTOS and QUOINEX to The Liquid Platform. This will represent the beginning of a new era for QUOINE.

This week we're working hard on the migration plan and the process for when we make the move from QRYPTOS and QUOINEX to Liquid. We have created a short-term roadmap of the journey to Liquid to ensure everything goes smoothly. The launch of Liquid is doubly complicated because not only are we launching a brand new platform, but we also have to bring over existing product features, user accounts and, of course, funds. We have a big job to make sure that all of the functionality of QRYPTOS and QUOINEX is present in Liquid.

Then, we must also ensure that all of the new features we are working on are ready for Liquid, such as LQD token (QASH) utility. We know that our community is itching to get a full and thorough update on the utility of our native token. The reason we haven’t revealed the full extent of LQD token (QASH) utility so far is because the utility is being built right into the platform and we have to be 100% sure that the finer details of what we share about utility are going to reflect the reality of The Liquid Platform when we launch. We are almost there.

Back to migration. The goal is to make this entire process go as smoothly as possible. It's not a small task to make this happen. This involves code synchronisation, a large amount of data migration and a huge amount of work to ensure that our existing users are not affected or inconvenienced in any way.

We are mapping out the entire deployment process and are preparing to do trial runs. There are numerous small clean-up tasks wrapped up in all of this. When these are looked at individually they are only small tasks, but combined it is a fairly large workload. To complete the Liquid merge we need company wide contribution. There are many different teams that must sign off on their part of the merge to ensure everything is seamless. For example, the data group that maintains the data infrastructure, the back-end group responsible for the current operating systems, the devops team that deal with the deployment, the back-end developers that build the new features, and the front end developers are just some of the teams that are involved in this effort to merge the exchanges and launch The Liquid Platform.

Liquid is coming and we are working to get it ready for the world!

#blockchain #crypto #innovation #liquid