From Bitcoin to Bitshares: a Glimpse of the CCEDK Journey
A regular partner for the Bitcoin Asia community, Ronny Boesing, CEO of Crypto Coins Exchange Denmark ApS (CCEDK) sheds more light on the venture from Bitcoin adoption to working and trading other cryptocurrencies.
In an interview, he narrated,
“When the music stopped making money from one day to the other, business as well as family changed, and it was time to close the book of life and to open a new one. It was time to start all over again introducing an exciting new way of looking at things, a wonderful support by wife and kids, combined with the settling down on the coast side in the north of Denmark. It might seem like a big jump, but the difference isn’t really that great. I am a pioneer in spirit, and all my life I have made my income getting out there to the rest of the world, in places and countries no one else thought profitable, trying to sell a product. The product might be different each time; the whole world, however, is still my little playground.”
For more than 25 years, Ronny distributed and published CDs, DVDs, games and other digital media all over the world, in over 65 countries on five continents. Today, he runs CCEDK: the first Danish online exchange for digital currencies such as Bitcoin and Bitshares, as well as a range of others including the BitAsset-based SmartCoins™ like BitUSD, BitEUR and BitCNY.
A year ago, he decided to initiate a Bitcoin exchange. Not content on having the focus on Bitcoin alone, he researched other cryptocurrencies, choosing NXT and a handful of others to trade on his new platform. Since then, Boesing has managed to add 15 currencies so far.
Although BitShares and its SmartCoins™ can be sent and traded just like bitcoins, Bitshares’ open platform offers a range of innovative features, all of which have boundless trading options on the Bitshares network in the form of SmartCoins™ that track the value of gold, silver, oil, euro, dollars, yuan, bitcoin, and many more. It’s a never ending collection of new possibilities.
“With this BitShares network in mind, it makes perfect sense to introduce a gateway to fiat on CCEDK. This allows conversion between many trading pairs such as BitUSD and real world hard cash US dollars,” cited Ronny. “We feel a genuine excitement to be able to capitalise on the advantages of offering investment opportunities from our location in a crypto-friendly jurisdiction, as well as to be able to add some major new and emerging markets in the form of the BitAsset-based SmartCoins™ like BitUSD, BitCNY and BitEUR. These are exciting times, and it’s great to be working with such a strong and vibrant community.”
While bitcoin only enables money transfers, BitShares is an industrialised quality second-generation cryptocurrency that offers a much diverse range of capabilities. Rather than being just digital money, it can be regarded as the smart contract infrastructure for a digital economy. This includes everything from established SmartCoins™ to hacker-proof decentralised exchanges with no counterparty risks to transparent voting and polling. Because it is decentralised, it is effectively owned and run by every BitShares holder. There are no centralised corporations that control it, but it does take advantage from the backing of many autonomous businesses that share in its profits by building on its open platform.
In the beginning of 2014, the CCEDK venture came about. Ronny Boesing was approached by an international investment group. The group had its eyes long on Denmark due to the copious and open governing framework there, and already knowing Boesing as a flexible entrepreneur. On the 24th of March 2014, CCEDK was founded. The exchange itself went live on the 26th of the same month, starting with bitcoin and adding NXT immediately afterwards with the aid of its developers and marketers.
“When you’re launching an initiative like CCEDK, it’s important to know that you have partners who will back you and grow with you as you move forward. We’re all looking forward to a very bright future.” (Ronny on CCEDK)
For more information on CCEDK as exchange on Bitshares: http://bitshares.github.io/deposit/
For more information about Bitshares: http://bitshares.github.io/blog/