Reed Elsevier | Robust DeFi Ecosystem
The traditional financial system that is currently used in various financial systems out there uses a centralized database and is usually controlled with a single point of authority so that it is vulnerable to manipulation. Blockchain technology, on the other hand, enables a distributed database that is decentralized to store more records and publics. In contrast to the Centralized System which is in one place, the Blockchain ledger is continuously updated and synchronized across multiple computers in a publicly distributed network and therefore, everyone can view various transactions on the network without the need for centralized authorization approval thereby eliminating the role and dependence on intermediary or centralized authority. In addition, with the development of various new Chains such as Ethereum and Binance Smart Chain, another unique feature of blockchain technology was created and one of them is "smart contracts", which are automatic protocols that can be run independently and efficiently. This smart contract feature can eliminate delays and no need to pass approval manually like in traditional finance. This of course increases transparency and reduces reliance on intermediaries to follow up on various processes automatically. Adhering to the basis of Blockchain Technology, smart contracts cannot be changed, so that it can increase the accuracy and transparency in the financial reporting process of every business. One of the potentially project is Reed Elsevier, which is an Blockchain Based ecosystem that becoming an bridges for the Traditional Financial ecosystem with Blockchain.
What is Reed Elsevier?
Reed Elsevier or abbreviated as RELX is a new Blockchain-based platform that introduces value and wealth in a decentralized economy where their native currency is used to exchange value between various RELX companies and other third party entities transparently through the Blockchain Technology. The exchange introduced by Reed Elsevier is a concept of a new form of governance system and a think tank where innovations are being developed through the help of Blockchain technology that continue to create a much needed utility focus into the Blockchain market. Reed Elsevier, developed a new business platform that is more stable, safe and transparent which combines the traditional financial system concept with the DeFi (Decentralized Finance) system. This aims to provide an investment strategy that results in more efficient and profitable long-term business planning.
Reed Elsevier developed a new Framework that can be used by everyone and those who are experienced with an open easy-to-use UI using the concept of Decentralized Finance (DeFi) which is resistant to inflation and manipulation. Their platform is specially designed to meet the various basic needs of today's financial systems. Providing its users with an all-in-one platform, Utilizing the Blockchain Technology changes everyone's view of Blockchain Technology. You can read more details about Reed Elsevier Concept on their official website here; https://reedelsevier.digital/
DeFi Market Growth
Blockchain Technology presents a new financial trend called Decentralized Finance (DeFi) where it is a solution to various financial problems that are often encountered today. Various large companies out there such as Paypal have started experimenting or implementing Blockchain technology and COVID-19 which introduced Cashless Society and Borderless Payment to the public and of course need a new base that is efficient and transparent for the current financial system. One of the Alternative Options currently is Blockchain Technology through the Decentralized Financial system which introduces new things for everyone. With Market Cap Expectations of Over $ 30 Billion in DeFi Market in the coming year, this is the right time for Reed Elsevier to become a bridge for everyone to enter the DeFi market easily and efficiently. In the chart below you can see more clearly DeFi Growth over time.
RELX Token
RELX Token is the native currency that will be used in the Reed Elsevier ecosystem, Native tokens are used for various transaction processes, The main function is governance, which allows users to use features in the Reed Elsevier ecosystem to the fullest. RELX holders get various benefits such as Low Fees, Voting, Staking, etc. A multi-functional token with a token based on the Binance Smart Chain which is more efficient than Ethereum which allows the demand to grow over time.
Roadmap
Conclusion
The Decentralized Finance ecosystem offered by Reed Elsevier is very unique, their platform offers a variety of conveniences and is rich in features in one ecosystem. Reed Elsevier allows everyone to be able to enter the DeFi market without having to go through a complicated process through the simple UI they have developed, the Business Concepts offered by them are also profitable. The platforms developed also use a strong framework where they ensure the security and transparency of every process in the ecosystem. RELX native tokens from their ecosystem use the Binance Smart Chain. I personally highly recommend you to be a part of this great project!
I think it's enough for now, Don't forget to follow & upvote for more content about the new potential Project, I will give some links related to Reed Elsevier Ecosystem below. Thank you very much!
Authored By Pedobear a.k.a Dhemas putra/dhemasm(Bitcointalk)
#BEP-20 #investment #bitcoin #BNB #pancakeswap #cryptocurrency #reedelsevier #investing #altcoins #exchange #money #trading #defi #RELX
This post has received a 3.13 % upvote from @drotto thanks to: @kiaragabriel.
This post was resteemed by @steemvote and received a 5.69% Upvote. Send 0.5 SBD or STEEM to @steemvote