CWD PLATFORM: A DIGITAL TRANSFORMATION OF GLOBAL PAYMENT SYSTEM

4 min readJun 30, 2022

The term ‘DeFi’ may sound seemingly strange to even cryptocurrency experienced tech. How much more to a novice who with so much effort finds it difficult to navigate through a particular transaction in the blockchain. Yes, despite the various usage of the term ‘DeFi’ (Decentralized Finance) on a regular bases by those in the crypto industry, it is not yet formerly understood the concept thereof. Allow me to explain briefly what Defi means- DeFi is an open and global financial system built for the internet age — an alternative to a system that’s opaque, tightly controlled, and held together by decades-old infrastructure and processes. It gives you control and visibility over your money. It gives you exposure to global markets and alternatives to your local currency or banking options. DeFi products open up financial services to anyone with an internet connection and they’re largely owned and maintained by their users. So far tens of billions of dollar worth of cryptocurrency has flowed through DeFi applications and it’s growing every day. In a closer look as to what is happening around the world today, it is vivid and crystal clear that the decentralized method of financial applications is gradually replacing that of the centralized network thus, a growing demand for DeFi network. This gave rise to some DeFi networks such as the ETH and Binance smart chain networks. Well, the challenge faced by users in the afore mentioned network is the inability for newbies and even old guru’s in the crypto world to carry out some specific, sophisticated yet profitable operations through the blockchain. Therefore, leaving the vast majority of crypto investors rely solely on holding tokens and waiting for profit as it grows. This narrative is about to change as a new type of DeFi network emerges. Allow me to introduce to you, the “CWD Global”.

WHAT IS CWD GLOBAL?

CWD GLOBAL is building a comprehensive ecosystem that comprises of a digital wallet, decentralized exchange, launchpad, a payment system, various applications that enable people and businesses access and integrate cryptocurrency in their everyday lives. With their own native coin called CWD coin, people will be able to pay for goods and services, send money to others, save money as they do in conventional bank and perform other functionalities with cryptocurrency. CWD Global is also implementing models that will enable people make informed investment decisions as well as earn good rewards by sharing the platform to others.

Technically, CWD Global will champion a new phase in decentralization by serving as pioneer gateway for smart and futuristic investing. Through decentralization, the CWD platform will be a replica of conventional banking system, this being a testament to the utility and demand that will follow the deployment of the platform.

WHAT CWD GLOBAL OFFERS

The features within the CWD Global network is targeted at creating opportunities for easy access through the entire function of the network and at same time, help users generate passive income. Some of the key features of the CWD Global ecosystem includes but not limited to:

Staking Program: This is one way the CWD Global platform is unique given how rewarding their staking program is. Users can earn handsome reward by simply staking their token.

Yield Farming: This is also known as yield or liquidity harvesting and involves lending cryptocurrency and in return, you get interest and sometimes fees, but they are less significant than the practice of supplementing interest with handouts of units of a new cryptocurrency. The real payoff comes if that coin appreciates rapidly.

Decentralized Exchange: A decentralized exchange or DEX is a cryptocurrency exchange that facilitates direct peer-to-peer crypto transactions without any intermediary. Decentralized exchanges are important due to their relevance in the decentralized finance (DeFi) ecosystem. In the CWD Global system, users can as well swap their BEP-20 standard crypto tokens on the voyage DEX by connecting their web3 wallets with the Binance smart Chain network enabled.

Referral Program: The CWD Global ecosystem also have a wonderful referral program that enable people who invite people to the platform to earn passive income from the transactions of their team. There are various stages of earning and to start with, simply following the referral link to register and start inviting your friends and family to the platform.

CWD Global wallet: This is a multi-chain cryptocurrency wallet that lets user holds and transfer cryptocurrency from different blockchain.

CONCLUSION

CWD Global is a unique project with great potential. Without doubt, the product is important so the demand will be high. Therefore, adding the token to your portfolio is something you should consider as demand will surely drive the price higher, thereby leading to great profits for participants.

#cwdglobal #daocwdglobal #blockchain #bitshares #forkbitshares #dpos #cwdphoenix #DAOCWDGlOBAL