The Fourth Generation of Blockchain in Decentralized Finance
Introduction:
Decentralized Finance also referred to as DeFi has taken the entire Crypto area via hurricane . DeFi has grew to become to be one of the most up to date topic in Crypto Space. DeFi has emerged to show the worldwide economic machine around.
The authorities of the sector function Centralized Financial machine which incorporates Fiat forex issuance , taken price of the flow and deliver of countrywide currency. This is in evaluation with the Decentralized Financial machine perform in a democratic shape where investors take fee over the management of the entire monetary gadget. Decentralized Finance is a global decentralized monetary system which includes the following additives: Digital Assets, Smart Contracts , Blockchain community , Apps.
Draken Platform is a decentralized exchanges popularly known as DEXs is a crypto trading platform designed to ensure trading security and transparency .Trading activities are conducted in a decentralized manner and the traders take control and manages their funds and assets through their Private keys. Under this system of trading, traders identity are kept anonymous while the service of intermediaries are completely skipped. We are gradually pivoting to a technological era where computing power is the fuel of modern technology. Computer processing power is needed to fuel the ever growing and rising aspects of emerging technology. Artificial intelligence, virtual reality, augmented reality, cloud computing and blockchain technology, just to mention a few. It has become a commodity as demand for it keeps on growing.
Lately, you can just about buy anything with cryptocurrency — from Draken Exchange works to top of the line supercars. However, when it comes to shopping for groceries or buying a latte in your favorite café, it’s back to good ol’ fiat currencies. Cryptocurrency offers an unprecedented level of security and protection when it comes to the storage and transfer of values. Its disintermediation of traditional financial infrastructure and decentralized service delivery has availed millions of people all around the world by providing access to transparent banking services. What if there was a payment solution offering users the privacy and security of cryptocurrencies while retaining the liquidity they’re used to with cash? What if there was a solution that allowed users to spend cryptocurrencies as easily as cash without the need to juggle numerous wallets or employ third-party services to convert it? What if the solution was as simple as swiping a card? Well, that solution is here — with DRK Token.
FAST & FINALITY & SCALABLE
Draken can have a blocktime on the order of 2 seconds and handle up to thousands of
Transactions per second. Finality makes sure that each block sealed is irreversible - no past deed can be undone.Byzantine Fault-Tolerant: Draken tolerates up to 1/3 of your machines failing arbitrarily.This includes explicitly malicious behavior.State Machine Replication: Draken can replicate deterministic state machines written in any programming language.
Secure P2P: Gossip protocols and peer discovery are secured via Draken’s authenticated
Encryption system. To tops it off, fast finality matches the throughput requirements of your growing user base.
What’s the Problem Draken is Trying to Solve?
From its onset in early 2018, Draken has identified blockchain mass adoption as its foremost goal. Ever the project has built a public blockchain network and a business-friendly development platform around it to help entrepreneurs and enterprises in various sectors build highly usable blockchain
applications for a wide range of end-users regardless of their level of Draken believes that the full innovative potential of blockchain will be unlocked through the new breed of applications — services and products — that the technology unlocks, and new applications will deliver unprecedented utility and benefits to its users. In Draken’s view, this is how blockchain mass adoption will run its course — organic, user-centric, and natural as the next due step in the course of evolution.
To realize its vision, Draken will provide a comprehensive suite of blockchain application development environment, starting with a public blockchain network, development platform, To further strengthen its value proposition for businesses, Draken is built on carefully designed token economy,
- The Problem of The Blockchain and Smart Contract 1.0
- There are many technical difficulties around blockchain core technologies, which need breakthroughs and out of the box thinking. At present, the infrastructure to support.
- DRK Decentralized Exchange already LIVE!
- More Features coming soon: +DRKswap = UniSwap + Crosschain: Provide liquidity for the whole DeFi not just on DRK Chain but DeFi Ecosystems on all blockchains — DRK Chain
- blockchain, Eth blockchain, Trx blockchain, and more to come.
- DRKompound (Borrowing/Lending Coin with interest)
- DRK Insurance (Insurance fund supports each other like Xiang Hu Bao of Alibaba)
- Voting for coin listing on the exchange.
- Governance: power for voters to adjust key parameters across all Draken Dapps (Kompound, Insurance, etc.
How Does DRK Ecosystem objectives to attain its Goals
Few of the DeFi initiatives are succesful due to the incorrect managerial policy governing them. DRK is inclined to acquire fulfillment by using all means. All measured to achieve success in DeFi race has been installed area. It is willing to provide a sustainable DeFi service so one can be beneficial to the global customers. DRK is a blockchain platform that offers kinds of digital monetary services.
Amongst services rendered by using DRK blockchain includes :
- Blokchain Services in order to allow customers to trouble DRC-99 token for fund raising , tokenization and extra.
- Cross Chain Decentralized Exchange service
- Crypto Gaming platform
- DRK DeFi products consists of :
(i) DRKswap
(ii) DeFi Ecsosytem for multi-blockchain i.E Ethereum, Blockchain, Tron and greater .
(iii) Crypto borrowing /Lending service with hobby.
(iv) DRK insurance Funds and helps
(v) Governance Dapps which empower users to Votes and make choice./Voting for coinn list and more.
Conclusion
Draken has become the go-to tool for decentralized financing DEXs (Defi) at a special rate for investors in the corrupt exchange industry. The traditional system of payment is quite old, stressful and even non-efficient. Draken has built up an open and intelligent blockchain framework which will empower clients interfacing with the DRK stage through the Dapps created on the DRK Chain. Draken centers around effectiveness , simple , quick and made sure about exchanges. The Draken stage means to get one of the World blockchain fueled financial industry.
FOR Further CLEARIFICATION Visit
Website: https://draken.tech/
Exchange Site: https://draken.exchange
White paper: https://drive.google.com/file/d/1mHtV50CktdFCyD_NaH370sZ8sOBehgce/view
Facebook: https://www.facebook.com/DRKDEX
Twitter: https://twitter.com/DRKDeFi
Telegram group: https://t.me/Drakentech
Medium: https://medium.com/@DRKDeFi
Authorized by
Unclelucky
:https://bitcointalk.org/index.php?action=profile;u=2824517
DRK WALLET: 0x505f2e69643c20f99e04ca81d3a99087642c33b7
TRON WALLET: TGv2BPXbtu5fFMNSAVzJyv4W3WfnzQGWkF