VERA EXCHANGE - SECURITY MARKET WITH BLOCKCHAIN INFRASTRUCTURE

Greetings to all traders and crypto investors, today I am here again with the blockchain-based crypto currency project known as VERA. I will immediately make a brief introduction about VeraExchange.

VERA is a blockchain-based crypto currency exchange project that has come to crypto space to revolutionize all crypto currency trading. Today's article will only focus on the VERA exchange platform. What has been brought to the crypto room and I will also discuss the reasons why crypto currency traders need to use this unique platform.

Often I ask myself where and where the world will go without blockchain technology and this question makes me return to the way humans live their lives before the advent of blockchain technology. Before blockchain technology, everything was very difficult and transaction processing between two parties was very slow.

Media transactions have gone through gold, banknotes and more. The most popular and adopted exchange method is through trade with barter. This traditional payment method was not effective in those years which caused delays in transactions and processing.

Since the launch of blockchain technology, it has become a human savior because it has become a more efficient partner with high speed and low transaction costs in every sector that is implemented.

FINANCIAL sectors has been the most important and backbone of every economy around the world which is why there is need for the latest technology to be adopted in the sector. Transactions fee in the traditional payment’s method is high and this has made it difficult for people to exchange and trade. Let’s not forget that before there could be any successful transaction in the traditional platform there is always need for third-party agents and services which this has made the costs of transactions gone higher. This is a good a reason why VERA project is the best because there won’t be any need for the services of third-party agents. VERA project will be launched on blockchain platform and the use of smart contract will help automating every transaction in VERA trading platform.

The adoption of Blockchain technology by VERA will improve its trust and transparency level. Without much talks I believed every crypto-currency traders understands what I meant by this statement. Every transaction records will be kept in the blockchain network which traders can access anytime they want unlike the traditional trading platform in which transactions information are been kept manually. The traditional transactional details can be altered unlike modern trading platform which can only be accessed but cannot be altered.

The security of traditional exchange platform is always in questions. There have been many cases of manipulations, robbery and hacks in the traditional system. This is one of the problems identified by VERA which has led it to launching of its own crypto-currency exchange which will rectify the problem hacks and attacks in the financial industries. All other crypto-currency exchange platform that has launched before the VERA exchange has tried to solve the issue of security but at the all their efforts was in vain.