Privileges of Injective Protocol as the Latest Crypto Trade Containers

Milk mie
5 min readJul 1, 2020

Entering the era of digitalization as it is today, indirectly also changes people’s lifestyles. This can be seen in various perspectives both on how they dress, communicate and even invest. In terms of investing, a few decades ago our society would use gold as an investment medium. But over time we have also experienced a development of investment that is evidenced by the very broad scope, even today many people are investing by relying on the stock market. This shows that to go to the modern era, surely we all need a very long process. Similarly, the world of investment that can now be done by the community by relying on blockchain technology, which technology has succeeded in creating a digital currency called cryptocurrency and since its inception until now this technology after showing amazing results.

In the world of blockchain, users will be faced with two choices of being connoisseurs of blockchain technology by using services or products that have been created or creating the latest innovations by establishing a platform. As economic actors who have intellectual intelligence, surely we will choose to create a platform with services based on the creativity of their owners. Did you know in creating a Blockchain based platform, the founders had to look back to be able to make a significant change. Where the founders are required to look at services that have not been provided by other Blockchain-based platforms, because if they only create the same thing, then what for the platform was created ?

Currently developments in the world of technology go very fast, even every second the technology activists continue to innovate by releasing their creativity. They show their best performance on the technology that was born, because if they do not do that then the technology created is very easily forgotten by its users. Therefore, every technology activist who has a plan to establish a blockchain-based company must first conduct research and development in order to find out what services or products are needed by the community.

Injective Protocol is an example of a Blockchain-based platform that always synergizes, so that it can create the best service and is different from services in general. Created not only solely to obtain maximum profit, but also created to give birth to changes that are accompanied by long-term benefits. This is deliberately done because every human being must have different needs for life and money is one of the media that can meet those needs. Therefore, for 24 hours, the Injective Protocol will provide the best service to its users by providing maximum benefits from every investment activity carried out, in which the Injective Protocol provides cryptocurrency trading services.

The main provision of Blockchain technology is a decentralized system, which system will be available on every platform based on Blockchain. As we know that the decentralized system is a system that allows the operation of the platform without any third party intervention. But the sophistication of the system certainly cannot operate perfectly if it is not supported by a number of other features. Therefore, currently the Injective Protocol will provide several advanced features that can prove that they are able to provide the best trading services, by providing facilities for cryptocurrency and non-cryptocurrency users. This is of course done intentionally in order to give satisfaction to the users, because not all platforms that provide cryptocurrency trading are able to support the use of non cryptocurrency.

Injective Protocol is a Blockchain based platform equipped with a decentralized system, so it is not authorized by government agencies, but the Injective Protocol is able to prove that it can provide cryptocurrency trading directly and provide multiple layers of security, so that trades conducted by users will be safe from front running by utilizing the delay verification function (VFD) as well as selective delays.

Before creating the Injective Protocol, the founders and a team of experts must have done various studies and developments on traditional currency trading before. The main factor studied by experts is that the fees charged by the central financial authority are very high, especially if the transaction is carried out on an international scale. As an economic activity, we certainly know that today’s society is very easy to switch services if there are other services that are more affordable. Not only that, the high costs incurred for the necessities of life as well as conventional economic problems automatically also cause the necessities of life such as goods or services to increase dramatically. So this will affect users, which they will choose services that are more affordable than expensive services. By looking at this phenomenon, the Injective Protocol has taken the decision to provide cryptocurrency trading services by providing very affordable transaction costs. So that people prefer to trade through this platform than other conventional financial authorities. Therefore the investment decision taken by this platform is a very appropriate decision.

Another factor of concern to the expert team is transaction processing time. Just imagine if you want to trade fiat currencies, you are certainly required to transact directly by going to conventional banks. Where you are required to follow the policy of the Bank with a queue system and almost every day the bank will be filled with customers with various interests. This of course will waste your time, even though you need these services in a short time, even more so the movement of currency values ​​that can change every second. So you could lose the opportunity to obtain the expected profitability. Therefore the Injective Protocol has designed its services in a modern way, so that people can carry out various cryptocurrency trading activities easily just by relying on smartphones. In this way the users can certainly do transactions directly without worrying about the time wasted and the opportunity to earn missed profits.

If non-cryptocurrency currency trading has certain restrictions that are adjusted to the policies of a centralized financial authority, then it is different from the cryptocurrency trading platform. Where there are no country restrictions, restrictions on the use of currency types, there are not even restrictions on services. Did you know that by adopting an automated and decentralized system from blockchain technology, the Injective Protocol can serve the various needs of its users 24 hours a day. This is done because the founders and the expert team have their own speculations that there are no holidays for economic activity. The community can carry out various economic activities according to their needs by relying on the Injective Protocol platform.

More about Injective Protocol

Website: https://injectiveprotocol.com/

Whitepaper: https://docsend.com/view/zdj4n2d

Telegram: https://t.me/joininjective

Twitter: https://twitter.com/InjectiveLabs

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BTT: https://bitcointalk.org/index.php?action=profile;u=2579514;sa=summary

ETH: 0xD0618Ef7CAf00CCC4D430Efe498e645b894C08B9

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