The Persistence mission is to facilitate seamless exchange of value around the world to increase the speed and efficiency of cross-border trade and financing to close the 1.6 Trillion financing gap. Persistence provides a platform to power Debt Marketplaces that match entities with surplus capital (lenders) to entities that require capital (borrowers).
To achieve this, Persistence leverages few key features of the Blockchain / Cryptocurrency ecosystem:
➔ Movement of capital - in a trustless, borderless, instant, and round-the-clock manner
➔ Asset tokenization - tokenizing ‘Real-world’ Assets such as invoices, letters of credit, bills of lading (representing goods on a ship) using Non-Fungible Tokens (NFTs).
➔ Decentralised Exchange – to facilitate easy trading and exchange of ‘Real-world’ assets against crypto assets (Stablecoins)
➔ Debt marketplaces – allowing for use of crypto assets and Real-world assets as collateral to borrow/lend against
Persistence ecosystem COMDEX Decentralized Commodities Trading[/b] https://miro.medium.com/max/503/0*YPDucWUNOw0vmFXa Comdex, an institutional-facing commodities trading and trade financing platform, is the flagship DApp in the Persistence ecosystem.
Plend[/b] https://miro.medium.com/max/515/0*k6OwFsGxvgEGI21n pLend is a stablecoin lending platform backed by real-world assets (such as invoices). It will enable stablecoin holders to supply liquidity to pools to support operations on Comdex, thereby producing returns for stablecoin holders from real-world income generating assets.
Audit.One[/b] https://miro.medium.com/max/649/0*EKFdx8VEUH_VNCNh AUDIT.one is a subsidiary of Persistence.one which provides top-tier validation services for leading PoS networks by utilizing highly secure Tier 3 and Tier 4 data centers across multiple geographical locations clubbed with a multi-cloud architecture.
Pstake[/b] https://miro.medium.com/max/601/0*Ho2viSf0twKFHTGW There is a huge demand for additional yield generation from staked assets. The interest in our ongoing StakeDrop campaigns is testament to this. In order to address this demand, we’re creating pStake. pStake is essentially a liquid staking product similar to Lido. The difference? Interoperability.
AssetMantle[/b] https://miro.medium.com/max/741/0*qyf7JIL29yFK9-AC Asset Mantle is a framework for NFT marketplaces. As a framework, Asset Mantle will provide all of the elements required to create individual marketplaces. It will also facilitate the creation (minting) of interoperable NFTs which can flow between different blockchains. Asset Mantle can support all manner of NFTs, ranging from digital art and collectibles to tokenized tickets.
