cryptocurrency
defi
finxflo
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Finxflo is the first-ever global DeFi-CeFi hybrid liquidity aggregator. The platform allows users to trade, lend, borrow, stake, farm, and yield farm their coins from a single one- stop solution, combining liquidity of more than 50 individual centralized and decentralized ecosystems. Moreover, Finxflo is always identifying the best rates and prices, enabling its users to utilize them for their benefit.
Since the beginning of 2020, the majority of cryptocurrency investors became highly aware of the DeFi potential. DeFi (Decentralized Finance) is, basically, a structured and interoperable financial sector based on decentralized platforms such as Ethereum. Currently, there is almost $7 billion of value locked in various DeFi projects and a total market capitalization of over $15 billion. Thus making DeFi a catalyst for growth in the cryptocurrency market, with just 1% of crypto investors involved. The market can only grow from here.
Despite all the DeFi enthusiasm, the majority of trading still transpires on highly centralized, mutually detached trading platforms. Therefore the liquidity is dispersed across the global market, losing a part of its potential. The fees in the DeFi market tend to also be rather high.
Furthermore, an average user still struggles to understand complex smart contract functions and navigating unfriendly interfaces. This is exactly why Finxflo is bypassing these challenges and creating a more efficient trading environment. With its innovative approach, Finxflo is becoming the go-to solution for digital asset management by creating both DeFi and CeFi aggregators.
How Does Finxflo Work?
Finxflo implements a unique set of smart order algorithms to always offer its users the best prices and rates. The system dubbed Hybrid Aggregation Engine combines DEX (decentralized exchanges) and CEX (centralized exchanges) liquidity, making Finxflo the ultimate single gateway to cryptocurrency trading and investing. DeFi contains broad liquidity and CeFi is more user friendly. Finxflo has combined the power of both. Crypto users can control and allocate their funds to more than 50 different DeFi and CeFi services from one single account.
Finxflo is also operational on mobile platforms via mobile app. With its One-Click mechanism, all users are able to automate all desired operations through customizable action plans. This ultimate user-friendliness is making Finxflo ideal for retail investors who need to manage their assets on the go. The platform is also highly appealing for institutions diversifying into crypto investments. This is because institutional investors are able to blend Finxflo with their existing infrastructures through API integrations. Thus retaining their workflow whilst adding this revolutionary technology to their business.
The whole Finxflo system is based on the FXF token which is generated by doing what investors do - trade and invest on the platform. Additionally, FXF will be distributed for farming and yield farming, which is the process where investors utilize their tokens to generate income.
Highly Flexible, Efficient, and Secure
Just like any other asset class, scalability is paramount. Finxflo is able to scale horizontally, in accordance with server workload fluctuations. By distributing data backups among individual nodes, the system neutralizes the possible damage of individual node failure. This is especially significant in the unlikely event of a platform downtime. Should this occur, all the data remains secure and most importantly, re-usable when the platform resumes operation.
Meanwhile, all users’ funds will be protected by SGX (Software Guard Extensions) and MPC (Multi-Party Computing), integrated onto the platform by Fireblocks. These security systems, the most guarded in the industry, neutralize the possibility of a hacker’s attack. Should a highly unlikely breach occur, Finxflo’s client funds are insured by a policy of up to $150 million. Finxflo processes all the incoming records instantly. Consequently, this accelerates the execution as the system does not accumulate micro-batches before processing them.
Moreover, FXF uses the latest and best tech achievements to be able to withstand thousands of operations per second, making the system congestion close to null. Meanwhile, the platform enforces risk monitoring and fraud detection in accordance with the highest industry practices and security standards.
When talking about legal security, it is important to emphasize that Finxflo was successfully granted an exemption by the Monetary Authority of Singapore (MAS) under the grandfathering provisions of the act, effectively permitting Finxflo to continue its operations whilst regulatory approvals are obtained.
Finxflo’s Team of Highly-Skilled Professionals
Co-founded by James Gillingham, Thomas Plaskocinski, and Liam Patrick Jones, Finxflo is led by experts with the likes of Royal Bank of Scotland, Société Générale, Simex, and UBS in their jobs portfolios. Furthermore, Mark Hammond, Stefano Virgilli, and Dr. Anthony O’Sullivan provide invaluable support for the team from their past work experience with giants like CitiBank, Merrill Lynch, any Lloyds Bank.
Looking at the whole package, Finxflo offers a revolutionary and highly disrupting ecosystem that is bridging the gap between a number of various, previously detached DeFi and CeFi products and services. Its DeFi and CeFi aggregator, along with a mobile-friendly platform solution represents a groundbreaking improvement in what used to be a newbie-unfriendly crypto environment. The full scale operation is to be released in phases across the remainder of 2020 and the beginning of 2021, with the global market expansion as the ultimate goal.
If you want to know more about the project, refer to the links below:
OFFICIAL WEBSITE
ICO
DeFi
EMAIL
-------
Information Provided via Press Release
Distributed by Global Crypto Press Association Press Release Distribution
New Mode! Finxflo Launches The First Ever Hybrid (DeFi + CeFi) Liquidity...
Since the beginning of 2020, the majority of cryptocurrency investors became highly aware of the DeFi potential. DeFi (Decentralized Finance) is, basically, a structured and interoperable financial sector based on decentralized platforms such as Ethereum. Currently, there is almost $7 billion of value locked in various DeFi projects and a total market capitalization of over $15 billion. Thus making DeFi a catalyst for growth in the cryptocurrency market, with just 1% of crypto investors involved. The market can only grow from here.
Despite all the DeFi enthusiasm, the majority of trading still transpires on highly centralized, mutually detached trading platforms. Therefore the liquidity is dispersed across the global market, losing a part of its potential. The fees in the DeFi market tend to also be rather high.
Furthermore, an average user still struggles to understand complex smart contract functions and navigating unfriendly interfaces. This is exactly why Finxflo is bypassing these challenges and creating a more efficient trading environment. With its innovative approach, Finxflo is becoming the go-to solution for digital asset management by creating both DeFi and CeFi aggregators.
How Does Finxflo Work?
Finxflo implements a unique set of smart order algorithms to always offer its users the best prices and rates. The system dubbed Hybrid Aggregation Engine combines DEX (decentralized exchanges) and CEX (centralized exchanges) liquidity, making Finxflo the ultimate single gateway to cryptocurrency trading and investing. DeFi contains broad liquidity and CeFi is more user friendly. Finxflo has combined the power of both. Crypto users can control and allocate their funds to more than 50 different DeFi and CeFi services from one single account.
Finxflo is also operational on mobile platforms via mobile app. With its One-Click mechanism, all users are able to automate all desired operations through customizable action plans. This ultimate user-friendliness is making Finxflo ideal for retail investors who need to manage their assets on the go. The platform is also highly appealing for institutions diversifying into crypto investments. This is because institutional investors are able to blend Finxflo with their existing infrastructures through API integrations. Thus retaining their workflow whilst adding this revolutionary technology to their business.
The whole Finxflo system is based on the FXF token which is generated by doing what investors do - trade and invest on the platform. Additionally, FXF will be distributed for farming and yield farming, which is the process where investors utilize their tokens to generate income.
Highly Flexible, Efficient, and Secure
Just like any other asset class, scalability is paramount. Finxflo is able to scale horizontally, in accordance with server workload fluctuations. By distributing data backups among individual nodes, the system neutralizes the possible damage of individual node failure. This is especially significant in the unlikely event of a platform downtime. Should this occur, all the data remains secure and most importantly, re-usable when the platform resumes operation.
Meanwhile, all users’ funds will be protected by SGX (Software Guard Extensions) and MPC (Multi-Party Computing), integrated onto the platform by Fireblocks. These security systems, the most guarded in the industry, neutralize the possibility of a hacker’s attack. Should a highly unlikely breach occur, Finxflo’s client funds are insured by a policy of up to $150 million. Finxflo processes all the incoming records instantly. Consequently, this accelerates the execution as the system does not accumulate micro-batches before processing them.
Moreover, FXF uses the latest and best tech achievements to be able to withstand thousands of operations per second, making the system congestion close to null. Meanwhile, the platform enforces risk monitoring and fraud detection in accordance with the highest industry practices and security standards.
When talking about legal security, it is important to emphasize that Finxflo was successfully granted an exemption by the Monetary Authority of Singapore (MAS) under the grandfathering provisions of the act, effectively permitting Finxflo to continue its operations whilst regulatory approvals are obtained.
Finxflo’s Team of Highly-Skilled Professionals
Co-founded by James Gillingham, Thomas Plaskocinski, and Liam Patrick Jones, Finxflo is led by experts with the likes of Royal Bank of Scotland, Société Générale, Simex, and UBS in their jobs portfolios. Furthermore, Mark Hammond, Stefano Virgilli, and Dr. Anthony O’Sullivan provide invaluable support for the team from their past work experience with giants like CitiBank, Merrill Lynch, any Lloyds Bank.
Looking at the whole package, Finxflo offers a revolutionary and highly disrupting ecosystem that is bridging the gap between a number of various, previously detached DeFi and CeFi products and services. Its DeFi and CeFi aggregator, along with a mobile-friendly platform solution represents a groundbreaking improvement in what used to be a newbie-unfriendly crypto environment. The full scale operation is to be released in phases across the remainder of 2020 and the beginning of 2021, with the global market expansion as the ultimate goal.
If you want to know more about the project, refer to the links below:
OFFICIAL WEBSITE
ICO
DeFi
Information Provided via Press Release
Distributed by Global Crypto Press Association Press Release Distribution