DIGICOM FINANCE: A REINVENTED AND DECENTRALIZED FINANCIAL PLATFORM BUILT FOR THE INTERNET AGE.
Cryptocurrencies matter currently in our everyday financial transactions which rely upon a trusted third party to maintain a record of transactions. For example, when you do a bank transaction, the banking system keeps a record & guarantees that the transaction is safe & reliable. As the world becomes increasingly digital, cryptocurrency is a next natural step in the evolution of money. Their is therefore a need to build a cryptocurrency and smart contracts platform secured and operated by everyday people and also the need to build the world’s most inclusive peer-to-peer marketplace, fueled by Dcom, the token name of the Digicom finance platform currency.
The breakthrough of Bitcoin (and general blockchain technology) is that, even though the record is maintained by a community, the technology enables them to always reach consensus on truthful transactions, insuring that cheaters cannot record false transactions or overtake the system. This technological advancement allows for the removal of the centralized intermediary, without compromising transactional financial security.
INTRODUCTION:
Digicom is a transparent financial system that has been built for the internet age. It is also an alternative to the usual system that is translucent and tightly controlled and held together by old infrastructure and processes that has stayed for decades. It aims to bring numerous benefits through the implementation of smart contracts and distributed systems thereby deploying a finance based application and product which will become secure and less difficult.
Digicom also grants users access and control over their funds always and also specifies the resolve of every dispute which can happen during transactions. It also provides a frictionless financial transaction system which reduces costs.
What does Digicom intend to achieve?
- To create an entirely new financial network markets, products and services.
- To erase the need to rely on intermediaries and institutions like the bank, etc to provide arbitration.
FEATURES OF DIGICOM:
- Transparency: it involves everyone in it’s activities and all the ledger that contains all it’s activities and how it all took place in the blockchain platform is equally shared.
- Safe and secure: the vulnerability of the platform has already been audited by trusted and respected companies so as to ensure that users can successfully transact on the platform.
- Smart contract: parties involved are expected to sign a digital agreement that will aid in the exchange of cryptocurrency or other digital assets involved.
TOKENOMICS:
Token name: DCOM
Token platform: Polygon
Token standard: ERC20
Max supply: 12,700,000
Burning: 7,700,000
CONCLUSION:
Despite the advancement of the blockchain technology, it still has some shortcomings which needs improvement. Despite the fact that since the inception of the cryptocurrency technology it has created thousands of international bodies that associate with each other routinely, it has a limit which is a one dimensional use centralized application by which transactions are carried out. Digicom could change the mode of monetary framework communication through it’s permission less, straightforward and open source monetary environment that can be easily accessed by all it’s users.
It can also make a new monetary business sector, items and administrators which will enable it’s users keep up with the total control of their resources and funds thereby collaborating with the biological system through it’s distributed decentralized application platform. Through the Digicom metaverse you have a limitless approach to assets through which you can fabricate anything you want and also gain acceptance to selective highlights.
The Digicom platform also grants the user access to enjoy the latest technology without having to pay a hefty sum payment that can affect your cash flow.
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Writer
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Polygon Chain Wallet Address: 0x07CFfED1aDeFac37207fD7a1e54b804D10CdAE78