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Information about Decentralized Deposit Network
What is the Decentralized Deposit Network (BlockchainĐeposit)?
BlockchainĐeposit is the first decentralized p2p deposit network, which is serviced by its users without central authorities or intermediaries. BlockchainĐeposit can also be viewed as a leading decentralized deposit system that is not under the control of governments and banks. Decentralization is characterized by three main qualities – openness, “not belonging to anyone” and free communication.
The concept of “decentralized financial management systems” presupposes the creation of a unified decentralized community of web resources (websites) built on its foundation, users which can communicate directly with each other, exchange their financial resources and jointly perform other coordinated actions, bypassing various intermediaries, first of all banks. In the context of falling interest rates on bank deposits to zero and negative values (in Europe, Japan and North America customers of some banks need to pay for placing their money on deposits), decentralized financial management systems have every chance to take a worthy place in the financial market.
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