Dafzo Review

clauming (7)in #cryptocurrency • 6 years ago

Let's go to continue this blog with another project. First of all, for who missed previous entries, what's a crypto money? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.

Today there are thousands of coins on the market, already in operation, such as Bitcoin, Ethereum, Ripple, etc., but there are many thousands more that are about to leave. The former are called cryptocurrencies and can be purchased on many websites such as Coinbase, Localbitcoins, Kraken, etc. The others are the so-called ICO's (Initial Coin Offering), which can be obtained with significant discounts and price runs through small contracts and transfers through Ethereum. But there exist others those that have just been born, which are not even in the ICO phase, which launches campaigns to attract the public attention, these are the Airdrops. With this, we can get thousands of coins for free. I emphasize these because it's a way to win crypto coins even if the market is as it is. In this way, you never lose money.
However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As we all know, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been agiler in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics.
Currently international sales, that is, import and export, are carried out by the traditional method through the network banking system. This implies a very high rate, a complex method of handling bills of lading and letters of credit, another type of paperwork that results in delays in payment and possession of the goods. In many cases, due to the inflexibility of the Bank's compliance framework, it also adds that payment problems consist of an important area of disagreement in international commercial disputes. In the end, both parties suffer and attract additional costs such as paperwork, rental of warehouses, etc.

For this reason, I want to present you Dafzo, a combination of Fintech + Ledger chain of logistic blocks that used the decentralized Ledger technology to develop a fully automated Global Log Aggregator, putting the power - totally in the hands of the community of importers and exporters and replacing the existing financial intermediaries.

In more detail, Dafzo (DFZ) (https://www.dafzo.io/home/) is the World's first decentralized Global P2P Logistics Platform which is about the disrupt the USD 8,797 billion logistics industry with its Patent International Trade Finance technology.

The objective of Dafzo is to create a market of tokens for utilities around the world, focusing especially on countries that are friends of cryptocurrencies. The idea is to design a unique decentralized ecosystem built around the Dafzo Utility Token for Independent paper to the International Trade finance ecosystem without a bank to facilitate the importer / buyer the issuance of letters of credit and the global shipping system for the exporter / seller, without any geographical barrier that complies with the Dafzo ERC20.

Using Blockchain and smart contract, Dafzo helps solve the existing problems mentioned above. Blockchain takes the centralized system to the decentralized and empowers the general public instead of putting power in very few people, increasing the transparency and efficiency of each process and reducing the execution of any process.

Here, a basic representation of how Dafzo Platform works can be seen.

The most important benefits that Dafzo brings to the community are enormous. On the one hand, the creation of the P2P platform will help potential businesses to build a legal framework for digital assets and execute successful logistics projects. Dafzo in the near future allows the exchange of Dafzo token from ETH to euros or US dollars at times through the association of DLT programs with government programs from countries friendly to cryptography by obtaining a license. On the other hand, the cost savings to operate more efficient processes, more automated and error-free. In addition to adding visibility and predictability to logistics operations, it accelerates the physical flow of goods. Tracing the provenance of merchandise can allow responsible and sustainable supply chains on a large scale and help combat counterfeit products. In addition, solutions based on the block chain offer potential for new logistics services and more innovative business models.

Dafzo Social links
FB; https://www.facebook.com/dafzo.io/
Twitter. https://twitter.com/dafzo_io
Instagram. https://www.instagram.com/dafzo.io/
Reddit https://www.reddit.com/user/dafzoico/
Telegram https://t.me/dafzo
Medium https://medium.com/dafzo
Youtube https://www.youtube.com/channel/UC276hjfV7zZf6h6EHv8vGgQ
Github https://github.com/Dafzo
BitcoinTalk https://bitcointalk.org/index.php?topic=2916676