CRD Network-A DeFI bridge between crypto & legacy finance
What is CRD Network 
?
Major financial institutions take advantage that they are an oligopoly as high barriers to entry typically rule potential competition out. At least this was the case until recently with the advent of DeFi via Ethereum-based smart contracts.
However, despite being an excellent proof of concept Ethereum is too unwieldy. It remains unusable for small, everyday transactions, as gas fees might often be far in excess of the value of the operation.
Not only that, but they’re subject to fluctuate considerably throughout the day. This means that if you build a DeFi service on the Ethereum mainnet, your operating costs might well change up to 400% on a given day. In other words, the same transaction with the same assets might be profitable one hour, but lose money the next.
Consequently, the CRD Network was built on top of the Ethereum mainnet as a means to settle transactions at semi-stable rates and lower fees. This is done by settling locally where possible, and “packaging” external transactions to execute on the mainnet and thereby vastly reducing costs, instead of doing each transaction separately.
We also place a special emphasis on remaining legally compliant by following the regulatory frameworks provided to us by our legal partners. In other words, we can withstand the coming crypto regulatory crackdown, as we already adhere to legal best practices, unlike most crypto projects out there.
We are already in the process of brokering deals with major international financial institutions, which were attracted to our ecosystem due to the fact that we prioritize legal compliance .
Overall, if you want both your traditional finances and crypto holdings in one space, while also being able to considerably lessen the legal and tax risks associated with misusing DeFi, then the CRD Network is the answer to your problems.
That’s why the CRD Network is special!
?Major financial institutions take advantage that they are an oligopoly as high barriers to entry typically rule potential competition out. At least this was the case until recently with the advent of DeFi via Ethereum-based smart contracts.
However, despite being an excellent proof of concept Ethereum is too unwieldy. It remains unusable for small, everyday transactions, as gas fees might often be far in excess of the value of the operation.
Not only that, but they’re subject to fluctuate considerably throughout the day. This means that if you build a DeFi service on the Ethereum mainnet, your operating costs might well change up to 400% on a given day. In other words, the same transaction with the same assets might be profitable one hour, but lose money the next.
Consequently, the CRD Network was built on top of the Ethereum mainnet as a means to settle transactions at semi-stable rates and lower fees. This is done by settling locally where possible, and “packaging” external transactions to execute on the mainnet and thereby vastly reducing costs, instead of doing each transaction separately.
We also place a special emphasis on remaining legally compliant by following the regulatory frameworks provided to us by our legal partners. In other words, we can withstand the coming crypto regulatory crackdown, as we already adhere to legal best practices, unlike most crypto projects out there.
We are already in the process of brokering deals with major international financial institutions, which were attracted to our ecosystem due to the fact that we prioritize legal compliance .
Overall, if you want both your traditional finances and crypto holdings in one space, while also being able to considerably lessen the legal and tax risks associated with misusing DeFi, then the CRD Network is the answer to your problems.
That’s why the CRD Network is special!