ZenChain , A distruptive Blockchain infrastructure Dedicated for DeFi and NFTs

General Introduction

Cryptocurrency industry goal is basically to give users absolute financial freedom by taking control over their finances. Before Decentralized Finance emergence , Crypto industry was not different from centralized financial system. Investment , lending and trading was managed under centralized system due to lack of DeFi infrastructures . The industry was unable to achieve the goal of 100% decentralization. The emergence of DeFi changed the game , It creates the possibility through DeFi DApps, smart contract technology and blockchain network interoperability .Despite all these amazing developments , there still exists some loopholes in the industry such as problem of scalability, Smart contact issue , lack of insurance , low interoperability and more . The team of ZenChain having observed all these imbalances has emerged to develop an innovative infrastructure that will facilitate seamless access to DeFi coupled with Non Fungible Tokens (NFTs ).ZenChain platform focuses in solving varieties of existing problems in DeFi sphere , it will develop a sophisticated DeFi blockchain dedicated for DeFi . Zenchain blockchain will accelerate the growth of adoption in DeFi sphere by offering a dedicated blockchain designed majorly for DeFi and NFTs . All core DeFi applications such as Lending , Swap , NFTs , Insurance Dapp , Auctions, trading , minting will be available for users . ZenChain will create a possibility which will enable your NFTs to be used as a collateral in DeFi which can be used for Staking to earn extra income and obtaining loans ,

Overview of ZenChain Platform

ZenChain foundation primary goal is to restructure DeFi , hence correcting the existing loopholes in the industry . As explained earlier ,the platform focuses in developing a robust DeFi Chain will be comprise of unlimited DeFi products that can be easily access by users all over the world. There are lots of users who find it extremely difficult to interact with DeFi App . ZenChain will offer a simplified DeFi platform where any class of users can interact with seamlessly without any difficulties. ZenChain will develop a dedicated blockchain for Decentralized Finance (DeFi) and easing the stress of the users. In accordance with this , ZenChain will develop an ecosystem which will enable NFTs to be used in form of collateral for obtaining loan and allows Staking NFTs to earn extra income

ZenChain platform has emerged to change our mode of investment in cryptocurrencies . ZenChain Dedicated blockchain is a gateway to DeFi , the protocol will allow both unbanked and banked class to gain easy access to various financial products without the involvement of middleman or going through KYC . Users will gain access to varieties of DeFi products in ZenChain platform through their cryptocurrencies and their wallet because the system architecture is permission less.
ZenChain is a non Custodial Decentralized Financial ecosystem which allows users to take complete control over their funds at any time . It offers complete financial freedom . Users can chose to carry out varities of financial services without any need of third parties. Unlike in the centralized system where users can be blocked for one reason or the other , there is no restriction to DeFi .

Solutions proffered by ZenChain

(a) It is not news anymore that majority of our blockchain have problem of scalability , hence preventing large number of users from adopting DeFi . Zenchain blockchain solution will be a game changer in DeFi space , it will offer an highly scalable , high throughput blockchain coupled with Tendermint power.
(b) Most DeFi platform offers single blockchain network which creates high limitation to the users. Users will be limited to a single chain cryptocurrency when there are countless cryptocurrencies in the that can offer good returns. ZenChain will overcome this barrier through their Bridge solution. It will Bridge from Tron, Ethereum, BSC and allows seamless cross chain DeFi and NFTs

(c) ZenChain will incoporate DeFi primitives built in such as Lending /borrowing , DEX , Insurance and and IDO platform .
(d) ZenChain will allow Non Fungible Token application such as Minting , renting NFTs , Auction

(e) In-built Decentralized pricing oracles wille be featured as well

(f)* ZenChain will support NFTs by offerign NFTs X DeFi which will restore the potential of NFTS to Decentralized Finance ecosystem (DeFi) and vice-versa/

Conclusion,
ZenChain is a robust and dedicated blockchain for DeFi . It is an infrastructure that will unleash DeFi highest potential. The team of developer will the user and application of of DeFi by offering a simplified , easy to use and user friendly interface which will facilitate easy interaction between the users and DApp.Zenchain as mentioned earlier is highly scalable proof of Stake (PoS) blockchain which offers high transaction speed. ZenChain will enable NFTs to be used as a collateral for Loans and assets for Staking to earn extra income . This is going to be very huge . Dont miss out . #ZEN #ZenchainProtocol #Bitcoin #BSC #Crypto

Official Resources

Website: http://www.zenchain.co/
LightPaper: https://docs.zenchain.co/
Telegram Group : https://t.me/zenchaingroup
Telegram Channel : https://t.me/Zenchainofficial
Twitter: https://twitter.com/zenchainco
Facebook : https://www.facebook.com/Zenchainofficial
Github: https://github.com/zenchainprotocol
Medium : https://medium.com/zenchain-protocol

Authorship
Bitcointalk username : beleful
Bitcointalk user profile url : https://bitcointalk.org/index.php?action=profile;u=2693998
bsc address: 0x69776E601226eaf07d8A5455eEb53eC63A2db8DE