OXCHANGE FINANCE: A DECENTRALIZED EXCHANGE WITH A DIFFERENCE.

The term Decentralized, exchanges and finance are common words used in the crypto space that has its specific meaning. To really appreciate the value and function of oxchange finance, it is paramount to have an overview of what this key terms represent. Oxchange finance is emanating with an indelible footprint in the crypto space in bringing in ease and happiness in using Cryptocurrency. Oxchange finance is a Decentralized exchange platform built on polygon Blockchain that does not charge for transaction fee(a gasless exchange).

AN OVERVIEW ON FINANCE
Finance is the management of money, creation, study of money and investment . In order to have a society that is well managed and organized, money and anything related to money have to be put into consideration Since money is a legal tender through which transaction can be effected , it’s movement and circulation becomes a concern which should be strictly monitored.
From the time of Goldsmith, paper money has become a legal tender issued out as payment means. This currency is actively controlled by the government or by institutions entrusted with the function to oversee the affair of anything related to money in a country. This system of operation is known as a Centralized ecosystem.

DECENTRALIZATION IN THE FINANCE SECTOR
The term Decentralized is a direct opposite of Centralized. Decentralized ecosystem is an ecosystem that is not controlled by anyone, institutions or government. A Decentralized finance system is a community driven ecosystem. Decentralization brings power to the people to control and manage their asset unlike the former that is control and manage by government or institutions.
Oxchange finance is a Decentralized exchange which is built solidly on polygon Blockchain protocol to serve the crypto space with best user experience exchange platform with maximum security measures. Oxchange is made up of teams of experts in different fields who have deployed their expertise to develop a scalable and functional gasless exchange for the crypto Community and further drive the adoption of Cryptocurrency and Decentralization in other sectors.

BLOCKCHAIN TECHNOLOGY
Blockchain technology forms the basis of Decentralization and ecosystem that are community driven.
Blockchain technology is a public ledger network that records information on multiple computers across the world. This system is the most secured , transparent and trustless technology in terms of information recording. Information are recorded by consensus algorithmic mechanism such that 80% of validators agrees on the trueness of the information before recorded as a Block of information on the network. New information are linked to previous blocks to form a chain of blocks of information. Every block contains information, cryptographic hash and timestamp of previous block making it difficult to manipulate the data.
Smart contract invention brought a whole lot of transformation to the Blockchain technology as programmers can run programs in Blockchain network to creat a Decentralized ecosystem with their own currency. This has led to an increase in several Cryptocurrency been developed with their use cases. As this Cryptocurrency are used, sometimes users need to swap from one token to the other and vise versa. The need to convert from fiat to crypto and crypto to fiat also post another challenge in the crypto space.
This challenges are been solved to some extent by the introduction of Centralized exchanges that serve as middle men between users, matching sellers and traders, using order books and enable it mg swapping from fiat to Cryptocurrency and vise versa. Base on some irregularities associated with centralized exchanges such as contracted asset on a central hub which maybe prone to attack, data loss or insider trade. Keeping of users personal information which maybe used without their consent .

OXCHANGE FINANCE
Oxchange finance is a trustless Dex exchange built on polygon infrastructure as zero gas fee exchange. Gas fee is the amount charges paid to a Blockchain network for using their Blockchain . Blockchain users in order to sustain the Blockchain operation. Several Blockchain created operates such that validators uses a lot of money to buy equipment and electricity for their crypto mining farm. The issues of charges/gas fee has become a major issue in the crypto space that is scaring away potential investors, new investors etc. To solve this current issues associated with both centralized And Dec exchange exchanges, oxchange finance enable users to use the exchange platform without been charged for gas fee

USEFUL LINK
Website: https://oxchange.finance/
Medium: https://medium.com/@oxchange.finance
Twitter: https://twitter.com/oxchangefinance
Reddit: https://www.reddit.com/r/oxchange/
Telegram: https://t.me/OxchangeFinance

WRITER’S INFORMATION
Btt username: foreve101
Btt link: https://bitcointalk.org/index.php?action=profile;u=3485510
POA: https://bitcointalk.org/index.php?topic=5444981.msg61942880#msg61942880
Wallet address: 0x5C3ba341c60d34D544f6819887b07Ce0013c58Be