Max Kortrakul on building Carboneum’s trading infrastructure

0:00I'm Ashlyn Addison from event change audio for investmentpitch media and FinTech news network today on blockchain interviews we have max cortical welcome to the show max hi hi could you please start by telling us a little bit about your company carbonium and how it's affecting the cryptocurrency industry yep sure a company myself is there a social trading

0:23platform that we believe that it will help the rest of us to able to start to invest in the cryptocurrency world better the name itself is actually from Carbon Copy it's just like when you send email to someone and you want to see see yourself threats so the world of investment you may want someone else when they make a trade then they may want to CC to you then you can see what

0:49exactly happened on their flows so for their beginners you can just learn from the better one and try to learn from what they do they what they are doing and basically just learning by doing by by all those activities very interesting I know the cryptocurrency industry for investing can be really confusing for a lot of people even people that are used

1:15to the traditional stock market do you see a huge need for this platform for beginners and I you think that it will have a lot of traction you know for sure cost actually to backrub it actually our team is the established startup we based in Bangkok in Thailand we basically do their stock trading platform and when our customers start to ask why not we

1:40have the cryptocurrency platform also so that is the real beginning of the carbonium and what we believe we believe that most of people when when they start to think about investment it's just like you try to be a pilot by yourself try to land this jumbo by yourself you've got a lot of information you've got everywhere but you don't know how to deal with it

2:02so what we try to do we try to change all that experience from let you be a pile up by yourself just think about something else just like we we want to be a tools to let you basically start to invest by yourself so just like you riding a bicycle and what we want to be we want to be your helmet and the training wheels so everyone can be invest that day is that their main goals of Democrat

2:28I saw those investment for for the rest of us I would say hey that's a very smart approach so you guys have been working in the stock trading industry for a while then ah yeah sure we actually do a VC fund late BC based that already find us to do their stock trading platform called stock traders we

2:55basically got around five million users that work without chat platform that we collaborate with line in in Thailand and we also got approximately like seven and eight thousand dollars in terms of iOS Android and web working together with leading brokerage company in Thailand but of course in the stock market is like very limit to each market low local

3:20market because all those regulation all those mighty data is very hard to scale it out but for the cryptocurrency actually there is no more fanciful powdery you can be like population from citizen from anywhere in the world to use the platform so what we believe we believe that everyone needed tools to get into their crypto make it a lot easier and the best too is learning by

3:44doing and from the one that have done it before and what we want to do is try to create the new basically the new job creation for people who are very good at trading and then you can learn from all they have done and basically like platform they're sharing the training knowledge together and let people able to exist that is out our core beliefs Wow

4:10did you guys say that you already have five million users on your current platform yeah we basically our team is their exclusive technology partner will partner with that chat platform in in Thailand and basically they used their to shake their stock price get all the information or even track all those top shareholders actually social trading is is from one of the feature in stock

4:38traders the name is top shareholders so basically you can follow all those billionaires in in the market and follow like Twitter whenever they buy or sell it will alert to you so that is like the beginning of the function of social trading in the stock site so that's why we try to bring what we have done and get into the new market into the quick tour and it will be I would say it will

5:06be the tools that people will meet just like when you come on an airplane you you want to make sure that you want to have a Raiders to make sure that it's safe to to fly a plane right so investment is the same we do believe that you need a Raiders to make your investment become better hey that's that's actually a really good idea I know many traders who browse Twitter for

5:32charts and then go try and make trades themselves when you could just use carbonium incorporate it into one you know be able to follow people while they're trading and replicate their positions more easily yeah actually the trading activities we believe that it is very social activities from day one but the model is not instant instant to ice itself so people start to like follow

6:01some Telegraph groups and trying to follow orders like coming down 6.now or all those things but that one there is no like Pokemon recording there is no use of blockchain to grab all the data to be traceable and track back all those like performance so what we believe that blockchain will help us to basically make it more transparent and not not like don't need to trust you any single

6:31ones that maybe manipulate all those data to the market so this is our main key of getting the people to use blockchain to get more trust among each other so basically you can get all the data transfer and well that's that's actually really great so could you speak a little bit about when you guys started developing the platform and how far along is it yeah we actually prepared

7:00for a year already social trading was there in our plan like very long time but for their apt maggot there is like a lot of things need to be done in some of regulation but for the cryptocurrency world we do extra at a longer term it gonna be a lot bigger than then the equity magnet itself and our team already do a lot of research in terms of

7:28we actually already have some prototype up and running there is in our carbonium github so you can check more on outside basically we use our like platform to try to do POC on the co X platform see all those data that someone who already liked reading and you want to follow that one then you can just basically follow a very simple very easy and we expect to launch our first app in

7:58October this year and in the first quarter next year gonna be like more function in in terms of associate reading integration on top of all those analytics platform Wow okay so October we're looking for something major great so can you speak a little bit about the CH token that you've developed inside of the system is in ER C 20 token and what are the benefits to using the token on

8:26the trading platform yeah basically c ed itself it will be used to pay the fee for follower and leader for example if you are very good at reading I know that you trade really very well so I want to pay to you all those fee if I made a profit and I only need to pay when I made a profit only so this token will be used for incentivize each other in terms

8:53of getting a better fit into the industry and of course some function and feature in a platform may make it to be level just like SeaWorld or platinum if you hold or see a token in some amount then you get access to some like premium version some other mountain hidden get maybe a bit more like function and feature for example what we have on our white paper is some function

9:23call where what sure so basically you can be take all those wallet in in their system and see if the big wallet move if anything happened it will alert into your hands so it's just like not teaching only from technical or fundamental but actually from behavior of people that is some of feature that we can try to make investment become better much more simpler okay so

9:54experienced traders can really do their regular trading but aren't carbonium and then earn tokens just for doing what they would have regularly done exactly genius great so are you are you guys expanding the team is the development growing is the or just the community and how can people get involved in the team or the community yeah we basically try

10:21to bring up their community of carbonium in kilogram Lake Isle currently we got around twenty thousand people you know telegram book right now and we are welcome you all to share more about idea and like some suggestions to make it better for everyone so what we believe we believe that we want to make a platform that basically get all the feedback from all the users because

10:46actually they're talking holder and our user in the platform at the same group of people so we want to invite you all to join us in our telegram book in Cambodia – kasi it so we keep updating inside their community so I myself very try to be as many active as I can in the group and also we have a lot of people try to like sharing all those ideas among all those

11:14like traders so we believe that if people they get some better result in term of trading and can help others that would be the best way of investment because if you want to get success in this investment world and you success by only yourself it will not be that happy when you can bring your friend and enjoy all your success with you hey I completely agree we're all here to

11:41help each other out and if we can all benefit in the long run then that's great so thank you for your time max I'm really excited to see how carbonium develops maybe we can follow up in the coming months when the development has flourished a little more and see how the community has grown and we can do another interview well thanks a lot great thank you so much

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