NVST Platform & Security

Thecryptouniverse
4 min readMar 3, 2022

The NVST platform will be built on a cloud-based architecture and Software as a Service (SaaS) subscription model. User’s data and API keys are secured in accordance with the most trusted and widely adopted technology in the industry today, including data encryption, two factor authentication and robust firewall protection.

The NVST Platform will also actively follow advancements in blockchain based zero knowledge proofs and intends to integrate this security architecture as the technology continues to mature.

Features

The NVST vast catalog of features are broken down into 3 categories: Essential, Supporting and Considered features. Supporting features rely on Essential features to be fully operational. Considered features would improve the user experience and functionality beyond the core functionalities of the NVST platform.

NVST: “Change the fact that 90% of retail investors lose money”.

Multi-Exchanges: Manual Trading Centralized Exchanges

The NVST platform Create by Apple-Developers Group will allow cross-exchange manual trading with the ability to easily switch from one exchange to another or from one account to another within the same exchange. Users add their accounts by connecting their API keys to NVST Platforms and Wallets, establishing a secure and encrypted connection between the Exchange and the NVST platform.

https://apple-developers.com/

The NVST Public trading data (book, trade history, depth charts) is provided by the Exchange through its API and websocket connections while private user data (Ba lances, trade history, Open orders…) is imported from the user’s account via his or her API keys.

The NVST Platform will provide the same order types (market, limit, stop…) offered on each Exchange, but also additional order types, not necessarily supported by the given exchange (second layer built-in).

In addition, NVST also allows Margin, Futures and Derivatives trading if they are supported by the underlying Exchange.

Exchanges are selected and integrated to NVST in a priority order based on different criteria such as: Traffic, liquidity, trust score, compliance, technical support, pair variety, and customer demand.

https://apple-developers.com/

DEX: Decentralized Exchanges (DeFi)

Using a similar approach, NVST will progressively aggregate Decentralized Exchanges under one unified interface for pooling liquidity together. This will allow users to quickly identify and place trades on DEX based on available market opportunities. DEX trading is made possible using web3 wallets such as Metamask (Ethereum) or TronLink (TRX).

Liquidity: Rates Comparator: Instant Buy

The NVST Platform will offers users a comprehensive interface to instantly compare rates offered by third party providers. This enables users to buy assets using credit card, PayPal or to swap crypto to crypto at the best rates available. Purchased as sets are then seamlessly sent to any of their exchange’s account or wallet connected to NVST. Traders can use this functionality to quickly modify their exposure or readjust their trading balances.

Portfolio Management: Dashboard

NVST Balances are reconciled from users’ accounts (via API keys) and wallets (via public keys) and displayed both in the NVST portfolio and the dashboard. The dashboard is a graphic visualization of the portfolio with key financial and performance metrics. After granting permission to their API keys and whitelisting NVST’s IP address, users can seamlessly initiate transfers of assets between their different exchanges and wallets from both the portfolio and dashboard interfaces.

On-chain wallets

NVST Users can provide the public keys of their on-chain wallets allowing them to track their funds globally. NVST also plans to allow users to provide private keys to control their existing wallets or create new ones directly from the cloud-based platform.

Portfolio and Statistics

Behind the scenes, the NVST platform will track key performance data points across users’ various exchanges and wallets. Users will be able to track asset, account, and exchange level: Gains & losses, Number of transactions, Trading Volumes, Transfers, Fees, Turnover etc….

Watchlist: Notifications & Alerts

The NVST Planform will know that users track certain assets more carefully than others. Watchlists can be created so users can easily follow the most important assets for them. Users can also create price thresholds and other triggered alerts that can be sent via email, SMS or pushed to the NVST’s mobile app.

Contact them: www.nvstblockchain.com

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Thecryptouniverse
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Crypto journalist I Blockchain Expert