INTRODUCTIONS
As technology grows on the blockchain, new platforms also develop. One of them is a stock exchange where you can trade your crypto money. Now there are thousands of stock markets in the world. This stock exchange is decentralized and broken down into a central stock exchange. Decentralized stock markets a system where all data is not stored in one storage, where user information is locked into blocks with smart contracts. Frankly, I find this kind of stock market safer. Because the central stock market stores all user data in one repository. If it's not protected enough, there might be some problems. For example, the largest stock market in the world is the central stock market in Binance. In addition, there are many different stock markets and all have different characteristics. People plan to choose the best for themselves when evaluating the exchange. But to be honest, I still haven't found a stock market for myself. I am not really satisfied with the stock exchange that I currently use.The stock market is a very important instrument for the crypto world. Because we keep all our digital assets here, evaluate them here, and pull them from here. As blockchain technology develops, market values and stock market functions increase and will continue to increase.
After the launch of the internet, digital currency and the great blockchain technology behind it has been considered the next big thing that will happen to humans. The blockchain technology has been projected to have a greater impact on the financial sector than every other sector that is implemented. This blockchain has the power and potential to bring change to the entire financial system where several changes and developments have been found since its implementation in the financial sector.
Some real changes and developments are increased trust and transparency, rapid transaction execution and several other benefits. One good advantage of blockchain technology is the delegation of power to users and members directly, which means that power is not delegated to central authorities as we have experienced in the past. Blockchain development is very meaningful for the financial industry and end users who are customers. Its application in the financial industry reduces pressure, stiffness, time allocated for each task and also helps customers in fast transaction processing, saves a lot of time for transactions for customers and users and also reduces costs incurred for each transaction.
Bcnex Exchange
Blockchain technology is known to disrupt financial institutions or industries that suffer from the problems mentioned above such as trust, transparency, high costs, slow deposits and withdrawals, insecurity and several others. This is the reason why I introduce BCNEX financial projects based on the blockchain network to all customers, crypto lovers, traders, and all crypto users out there. Because we have identified problems faced by financial institutions, a quick solution to all these problems is needed if there will be major developments in this sector. That is why the BCNEX team came up with a possible solution through the adoption of blockchain technology to improve the entire financial sector. The BCNEX project focuses on eradicating intermediaries in the financial sector. Traditional banks that are mostly centralized function as intermediaries and third parties for each transaction carried out between members. The BCNEX exchange will create trust between users and traders without the involvement of intermediaries only through the use of crypto currencies as a new transaction method. Because the intermediary will be removed from the system, it will reduce the transaction costs of the two parties involved which is why I see the BCNEX project as a real thing in the financial sector.
The BCNEX crypto exchange project aims to be the safest platform where the security of user funds and assets will be their priority. Let's take war zones and crises for example, we have seen what happened to local and native currencies in Venezuela, which has proved to the world that local currencies are not safe during crises and wars. That is why there is a need for global adoption of digital currencies and on the other hand to ensure adoption of BCNEX has taken a step forward through the launch of exchanges where users can easily save their assets and funds whenever they want.
For more information about BCNEX check the links below
WEBSITE: https://www.bcnex.net/?lang=en
TELEGRAM: https://t.me/Bcnex_Official
WHITEPAPER: https://www.bcnex.net/docs/BCNEX_WP_ENG.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5111223.0
FACEBOOK: https://www.facebook.com/bcnex.net
MEDIUM: https://medium.com/@bcnex
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Author
Bitcointalk Username: saiful
Bitcointalk Link Profil: https://bitcointalk.org/index.php?action=profile;u=858487
Telegram Username: @saiful993
ETH addrees: 0x2BBEEA86F155668d78FB108da0Ff5725B06f6994
