Current universe of energy is overwhelmed by oligopolies and mediators which control admittance to energy creation, utilization and exchanging. Energy markets are prevalently exchanged on concentrated trades not promptly available for everybody, furthermore, subsequently making an irregularity of force. On this situation this is definitely a better solution to world.
This is because the pace of development within the Ethereum blockchain is slow," he added, only serious, full-time cryptocurrency investors and developers know about such things as "sharding" and "collateralization."
How do you monitor energy supply contracts to ensure the correct implementation and execution of the project.
We turned our attention to the energy sector and reviewed many noteworthy use cases and business opportunities for blockchain innovation. For these use cases, we discussed the problems that blockchain technology can solve, And the potential problems and drawbacks that the blockchain technology to be implemented in this use case must overcome.
Business on the Internet is almost entirely dependent on acting as A trusted third party to process electronic payments. Although the system works well, In most transactions, it still suffers from the inherent weaknesses of trust-based models. Completely irreversible transactions are practically impossible because financial institutions cannot Avoid mediation disputes.
Mediation fees increase transaction costs and limit The smallest actual transaction size, and reduces the possibility of small temporary transactions, And lost irreversible service irreversible loss of ability to pay. With the possibility of reversal, the need for trust will spread. Merchant must Be wary of their customers and let them seek more information than they originally needed. A certain percentage of fraud is inevitable. These fees and the uncertainty of payment It can be avoided in person by using physical currency, but there is no payment mechanism Through communication channels without trusted parties.
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Topic
BoardAnnouncements (Altcoins)
Re: 🔥 BRT is for Bitcoin Revenue Token | crowdfunding platform
by
LUCADOA
on 15/10/2020, 17:27:33 UTC
well... This is really an interesting project. But please explain to me. What is a hard cap? How many millions of dollars do you want from it? What is the purpose of this fund?
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Topic
BoardAnnouncements (Altcoins)
Re: [ANN][PRESALE is NOW LIVE!]BitCashPay -DeFi, Lending, Staking/Yielding, Exchange
The people love the high chance of the value increasing. This is the main attraction of new investor who are interested in investing on crypto. If BCP is more likely a steady platform so why the young investor would invest or use the platform.
DeFi may not be fueled by aggressive speculation and market manipulation in the same way ICO’s were, but the impressive returns offered by DeFi products likely stem from systemic risks that are not always appreciated by investors.
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Topic
BoardTokens (Altcoins)
Re: [ANN][IDO] DECENTRALIZED LENDING, GOVERNANCE, AND FIAT LIQUIDITY DAPP
I thought it was just an error since last 2 days but its website still what it is but empty, DNS is not even set. Upon looking it up its just registered last month - 2020-07-21. https://who.is/whois/paradefi.com Its a lending and borrowing platform like they said in thier medium articles.
the biggest risks of DeFi applications is,The smart contracts could be hacked.There could be a backdoor that allows someone to steal all of keys. What is the backup plan for this you have.Because we have to trust this and we need reason for that.
If they are going to be in a hurry to join the defi hype, there will be more risk. They better audit thier codes else it will end up like YAM.
While the DeFi movement has many fans, some traders dont think it will move the needle on cryptocurrency adoption.
Concept is quite good.but it's so difficult to wait one month.and people have to trust you for that.Seen many ico platform, they are just gone nowhere.If you can ensure the trust and can reduce the time period definitely you can have a amazing result.Hope for the best.
Great idea,In my view this decentralized platform will make a huge difference to this crypto world .And genuine startups will surly get their fun and so on...
The catch is when we had FOMO, and newbies flocking in...did not matter...now with no newbies (all I've talked to say btc/ltc/alts is dead now ...bought the hype/fud)