Major entrepreneur projects that forever changed our view of the financial industry – VertoChain, Bitcoin and Polygon

Millions of people around the world do not have access to banking institutions or are dissatisfied with the services of traditional centralized financial institutions. The decentralized finance (DeFi) industry breaks the standard mould, giving all investors full control over their assets. It’s a great incentive for users to choose what they invest in and see how it performs in real time. DeFi has become a center of attraction by offering peer-to-peer trading and lending transactions at the fastest and lowest costs. The VertoChain (VERT) project takes DeFi one step further.

VertoChain draws attention to its sustainability

VertoChain is a decentralized protocol that will meet the financial needs of investors. The platform is integrated with smart contracts to ensure that all transactions are automated and free from external influence. According to the developers, the VertoChain platform will launch on Binance Smart Chain (BSC) before supporting other blockchains such as ETH, AVAX, SOL, and XTZ.

Here, all users can benefit from functions such as borrowing and lending. VertoChain aims to establish a self-sustaining ecosystem over the long term. The GREEN token is just one of the ways to raise funds for the development of the platform. Even though it hasn’t been released yet, this coin is going to change the DeFi world.

Bitcoin – Rise of An Era in Crypto

Bitcoin (BTC), the most valuable cryptocurrency by market value, was launched in January 2009 by one or more anonymous people under the pseudonym of Satoshi Nakamoto. Nakamoto released a technical paper titled “Bitcoin: Peer-to-Peer Electronic Cash System” in 2008, and the whole adventure started from there. The purpose of Bitcoin was to eliminate the need for expensive intermediaries and banking institutions.

Mysterious inventor Satoshi Nakamoto also included details of blockchain technology in the Bitcoin whitepaper. Thus, a new concept entered our lives. Nakamoto offered an online payment tool without the need for any central authority. BTC, on the other hand, has been described as the local currency of this new payment system.

Layer 2 Scaling Solution Polygon (MATIC)

Polygon (MATIC) stands out as a work that attracts attention, in particular by the opportunities it offers to developers. The project dramatically supports new applications and decentralized works that want to be included in the blockchain world.

The Polygon developers declare that they are particularly committed to enhancing this space and opening it up to new users. In this direction, large-scale applications can be developed using the Polygon infrastructure. The ecosystem has many advantages in terms of dApp, thanks to the SDK support it offers.

The ecosystem is developed on layer 2 technology. Thanks to its algorithm, Polygon (MATIC), which can increase the processing speed to very high levels, indicates that even large-scale applications can work efficiently. The developers state that transaction speeds of up to 65,000 per second can only be achieved on a single chain. Thanks to these transaction speeds, it is said that the Polygon (MATIC) ecosystem can also be used in decentralized financial applications.

Final Thoughts

The decentralized finance industry breaks the standard mould, offering innovative solutions to traditional problems. VertoChain, Bitcoin, and Polygon have each made their unique contribution to this burgeoning field. Over time, it will be fascinating to see how these projects continue to develop and change our understanding of finance for the better.

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