Review FinNexus - Bridging decentralized and traditional finance

in #bitcoin5 years ago (edited)

About :


I think many crypto projects are primarily focused on scalability and improved transaction speeds. Yes, some blockchains have different outputs or features to showcase their platforms. Now I decided to conduct a full review of this project called FinNexus. Summarizing some of its potential and if ending gives you a result as to whether the platform is really worth investing in and another new technology in the blockchain world.

If you are not familiar with technologies other than blockchain ethereum, then creating Wanchain is a general purpose blockchain database for decentralized applications. Wanchain is one of the most important projects in the blockchain industry. The project has made progress in the areas of privacy protection, cross-chain integration and evidence of equity consensus mechanisms. Wanchain's technology will lay the foundation for the FinNexus platform and the Wanchain team will provide comprehensive technical support to FinNexus.

FinNexus has built their decentralized platform on the Blockchain of Wanchain. I think it's a new kid in the cryptocurrency world beyond the famous Bitcoin and ethereum blockchain. Use a combination of decentralized protocol technologies to connect all participants and create the best liquidity for investors.

Below is a brief overview video of the FinNexus :

There is always a story why a certain new project builds a platform for or cryptocurrency enthusiasts. Many years of using decentralized protocols because users require stability, security and speed. FinNexus aims to win the hearts of many users by incorporating the DeFi port in the WanChain ecosystem to collaborate strongly with Rivex Dex in the future.

The cryptocurrency market is currently very difficult for newly established projects when there are many challenges presented such as: lack of diversified investments, Lack of investments with basic value, Lack of convenient options for investment .
But for FinNexus that will not have to worry anymore because the company has received a lot of cooperation contracts in 2020 such as GENESIS, CONSENSUSLAB, etc.

Trust and security issues are always a concern in every aspect of blockchain technology companies. You can say how many investors have compromised resulting in the complaints of most current users. Bringing a new solution with decentralized technology FinNexus, they are using an effective platform while eliminating the concept of no liquidity and low security speed.

If you would compare FinNexus built on the Wainchain system blockchain to any other technology, you could say that there is an outstanding design and technology improvement. FinNexus is built on Layer3 in Wan Eco, Rivex is on Layer 2 and Wanchain is on layer1, including its very own API & SDK to allow developers to build on RiveX and also allows easy integration for any which businesses and applications are integrated into RiveX's infrastructure. In addition, FinNexus uses FNX tokens as their native cryptocurrency in the Wanchain blockchain. In every platform, we know that one way to control and maintain a flexible platform is to ensure a transparent and effective mechanism for the platform and that is how FNX will be used well.

The function of FinNexus is a property exchange channel that can trade P2P with high assets if overloaded or congested. FinNexus will apply many different mechanisms to cope
FinNexus will connect many different applications, including decentralized exchange, stable decentralized decentralization, decentralized OTC platform, decentralized lending platform, oracle, etc.

Conclude :

As for me, I can say that FinNexus project
may be compatible with existing security and privacy platforms. I trust the men who developed or invented such a great project. As part of the new Wanchain blockchain, I think they can have potential users and partners in the cryptocurrency industry, as long as they can march on the technical capabilities of huge platforms. That giant. I do not recommend investing but offering you some worthy projects that have the potential to be great in the future.

ou can see more:

Website : https://www.finnexus.io/

Telegram : https://t.me/FinNexusOfficial

Facebook : https://www.facebook.com/FinNexus/

Twitter : https://twitter.com/fin_nexus/

Medium : https://medium.com/finnexus/

author : acsalles
@telegram : @Tounbit
Address : 0xED156bE1c0BD71e51B4119ba1eFB9720d82f323B