Blockchain-based new excitement brought to the finance industry: Avalanche
Friends, the financial sector has developed a lot when we come to the present day. In the past, people were doing their work with the barter method, but now they are doing things with their computers from where they sit. Some people even started shopping with crypto money. Thousands of business lines and sectors that want to take their place in such a rapidly developing world have emerged. But ultimately, financial services have always been. The Avalanche project, which is now a new project, comes across to create innovations in the financial sector. It also combines the past and the future. How Does ? It combines the blockchain technology that will be one of the biggest technologies of the present and the future with the experience gained from the past financial services. As a result of this combination, it removes the liquidity problem that needs a solution for years by moving financial instruments (which are very difficult and difficult to change hands) to the blockchain infrastructure. So what is liquidity? The ability to turn into cash in the fastest way refers to the word liquidity.
In addition to all these, we have witnessed some of the inventions that have emerged from the past to the present, and some have learned by acquiring information about the past. All of these inventions are of course very valuable one by one. One of these very valuable inventions, which emerged as a new invention of the age and being suitable for our subject, is undoubtedly Blockchain. Blockchain is an ecosystem that has a decentralized, highly secure and transparent platform that finds new solutions for us.
Blockchain is a distributed database that provides encrypted transaction tracking. As the name suggests, Blockchain technology, built with a chained model, can be tracked but not broken, allows transactions without being connected to a center. Thus, transactions can be carried out directly between the buyer and the seller and securely. This platform, which stands out with solid projects in many areas, has now created a new commercial and financial sector with a high market value. A project that produces new formations and solutions for this Blockchain platform has emerged. This project is called Avalanche.
Avalanche has proposed an application that creates a platform where blockages interact with each other. Although Avalanche shares a lot of technical features in other existing blockchain projects, the underlying ledger technologies separate from the business logic. So, general practice can also arise in separate notebooks and with the ability to communicate with each other. In short, Avalanche creates a top layer above existing blockchains where applications can run. Thus, Avalanche provides liquidity support by combining financial instruments through blockchain. Avalanche enables the launch of smart assets or digital representations of real world assets that comply with specific parameters and trade restrictions. It is better than other platforms.
The token name is AVAX. is the platform's native token, AVAX transaction fees are burned to increase the token shortage and raise the price, there will only be 720M AVAX tokens, and 50% of those tokens will be made available on the main network. AVAX will act as a token for the ecosystem to pay transaction fees, promote network security and other functions.
As a result, the most striking features of the Avalanche project are its ability to combine all blockchain platforms, the absence of mining, the ability to finalize transactions in about one second, no stock market problems, and a constantly dynamic and hard-working team. I think these are very good. You definitely don't follow.
website - https://www.avalabs.org
Whitepapers - https://www.avalabs.org/whitepapers
Twitter - https://twitter.com/ avalancheavax
Telegram TR –https://t.me/avalanche_tr
Facebook - https://www.facebook.com/avalancheavax
LinkedIn - https://www.linkedin.com/company/ avalancheavax /
Reddit -https://www.reddit.com/r/Avax/
YouTube - https://www.youtube.com/c/AVALabsOfficial
creator : freimiller