Introduction
One of the greatest things that has happened in the 21st Century is the invention of blockchain technology which has brought about a great change in the way things are done all around the world. The transparency coupled with good security and immutable nature of the blockchain makes it the choice of new, innovative and emerging projects around the globe.
Digital currency which has received wide acceptance in different parts of the world as a means of transaction due to its numerous advantages over the conventional currency has been brought to life via the blockchain.
As a matter of fact, cryptocurrencies are taking over the traditional banking system as it is easier and faster to send money from one part of the world to the other through digital currencies and it does not cost much in terms of charges and commission when compared to what is obtained using banking system for international transactions.
The challenges
There are lots of challenges that arise in the crptosystem as good and advantageous as the usage of cryptocurrency is, as a means of transaction.
Security
Many people have lost their life fortune due to the kind of cryptocurrency market they made use of. One major determinant factor in choosing which cryptocurrency exchange to use is security. But this is lacking in many cryptocurrency market place as evidence in series of hacks that have been experienced by many exchange platforms.
Lack of Strong market place
Lots of challenges arise when people transact with weak cryptocurrency market place which results in frustration and leave users with bitter experience.
Complicated Platforms
Lots of cryptocurrency market place are highly frustrating, their problems ranges from highly complex and complicated exchange interface, set up for users to maneuver. Many exchange platform are not user-friendly in any way.
Frauds
There are lots of frauds taking place in the crypto market place. Hidden and unenvisaged charges are incurred by the users in an unprecedented manner.
As a matter of fact, many people have experienced great dissatisfaction as far as cryptocurrency market place is concerned, most especially the centralized exchanges.
The Solution
Here comes the solution to the aforementioned challenges just in one decentralized platform which profer lasting solution to the problems of security, weak market place, complexity in market place and take away centralization of exchange. It is all in one Ecosystem known as VOLENTIX
What is Volentix?
Volentix is a digital assets ecosystem (DAE) which incorporates a decentralized digital assets exchange connected with a secure multi-currency cross-blockchain peer-to-peer wallet. It is a user-friendly market-ratings analytical interface combined with an incentives-based platform.
Volentix's main task is to efficiently, safely and effectively carry out all cryptocurrency exchanges within one multi-currency wallet. Beyond that, Volentix is equipped with many more additional features and options that will help the users to have smooth interaction with the ecosystem and improve their skills and level of awareness.
VOLENTIX integrates innovations on the blockchain technology to have reduction in reliance on centralized middlemen who take chunks of the commission and to ensure that asset control and security are delivered to individual owners.
Features of VOLENTIX
Secure Ecosystem
Volentix is a very secured ecosystem that put the minds of its users at rest. It does that by putting the users in charge of the Keys and passwords to individual accounts. Volentix does not take possession of user's key which make the security of each users lie in their hands. Also, being a decentralized platform, Volentix goes about the transaction on a peer-to-peer base.
User-friendly
Volentix ecosystem is highly interactive to user with simple and fascinating algorithms. Volentix takes cognisance of the fact that many users are interacting with the blockchain for the first time. So, the interface is built in such a way that a new user can easily interact with the ecosystem without any challenge.
Cross-Blockchain
Volentix makes everything the user might need available in one platform. Transactions could be performed from one blockchain to the other on Volentix. There is no need for users to look else where in order to perform transactions on different blockchains, they are all inclusive in the Volentix ecosystem.
Decentralized Ecosystem
One beautiful thing about Volentix is the decentralization order in the ecosystem which totally eliminate the need for middle men and perform transactions on peer-to-peer base.
Four Pillars Of Volentix
There are four pillars on top which the Volentix ecosystem exist. These are known as Venue, Verto, Vespucci, and VDex.
VENUE
Venue is a dynamic community platform that recruits members of the Volentix community to promote awareness of Volentix initiatives and facilitate the distribution of VTX which is the native digital asset of the ecosystem.
This platform enables users to receive VTX in exchange for their various participation in developing the Volentix ecosystem.
VERTO
Verto is a multi-currency wallet used in the Volentix ecosystem which serve as a decentralized exchange and facilitate personal custody and management of users keys in peer-to-peer transactions.
Verto will eliminate the risks of losses of funds experienced with decentralized exchanges. Verto makes use of smart contracts to execute trading between two users.
VESPUCCI
Vespucci is an analytics engine which is accessible through the main interface with real time and historical market data. Users will be empowered with tools and graph to compare digital assets.
Vespucci will bring relevant market data to user's fingertips by supplying current information from different blockchains, websites and exchanges.
VDEX
The VDex exchange is the fourth pillar of Volentix ecosystem. It is the tradable digital assets on the Volentix platform which is used for smooth operation of the ecosystem.
VDex manages transactions involving VTX and various digital assets from different blockchains available on the platform.
For More information
Website: https://volentix.io/
Whitepaper: https://volentix.io/documentation/vdex-whitepaper/
Twitter: https://twitter.com/volentix
Facebook: https://www.facebook.com/Volentix
Telegram: https://t.me/Volentix
Bitcointalk username: petox34
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2338476;sa=summary