Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
The world market for smart contracts is planned to achieve capitalization $300 million at the end of 2023. Smart contract technology is universal for any industry and for any industry prospective for both developers and investors. We talked to Gleb Mudryj, founder of the crypto projects million.money and FORSAGE, which are based on smart contracts, to find out the advantages of these promising platforms.
Many have already assessed the benefits of decentralized smart contracts projects. According to the Global study Smart Contracts Market, the most appropriate segments for implementation smart contracts are: IT sphere and development of the software. What a role it plays smart contract in this direction? First, it guarantees transparency the data, secondly, provides security for payments, and third, maintains data security in the blockpoint that cannot be removed or fake it.
«Even before my first project came, I was a million.money administrative various crypto projects that were based on smart contract. One of these projects was the idea of creating million.money. From the first hours of the project launch, I realized what I had created the really unique crypto that has been put into you're all the benefits of a smart contract».
Million.money is an example of a cryptopcurrencies project working for the world the Smart Contract on Ethereum cryptocurrency and platforms, providing an interface for the comfort of a smart contract. What makes this project safer than similar crypto projects? This is the responsibility of a number of undeniable benefits of systems, using smart contracts:
Million.money: a win-win investment strategy
1. The Million.money platform is the Smart Contract Code itself, which could work completely autonomous: no website, video, marketing, and other tools
2. The smart contract is no one can affect. The contract code downstairs in the blockchain Ethereum cryptocurrency. The history of all transactions preserved in the blockchain vault, and the information is decentralized saved on thousands of computers, confirmed by hundreds of thousands miners
3. Preservation of financial resources. Coins can't stay on balance of the Smart Contract. The contract is only a transmitter financial flows, and his balance is always zero. All transactions anonymous, and wallets can't be blocked. ETH wallet belongs exclusively to the member
4. Participation in the project is possible only with decentralized and international cryptocurrency Ethereum
5. Accessibility. It takes a computer or a smartphone to work with the Ethereum wallet set
6. Transparency. SKM and fraud are excluded because everyone the data are in the blockchain. There's no way to change or delete the participant's office. The site is a display tool statistics
7. Long-term. The project will exist for now there's a blockchain Ethereum, and even the smart contract makers aren't they can remove or change its terms
8. Potential for growth and scaling. This is the advantage of the project million.money I consider one of the most important things over centralized projects. Smart contract is a well-established mechanism that it allows you to scale and grow anywhere
9. Popularity. We're counting a million.money crypto project a project incubator that the newbies get into the sphere and they deal with technology because the foundation of the community is simple people who came into the project to find financial stability
10. Possibility of continuous improvements. We're in the process the constant improvement and the weekly enrichment of the project with new ones, who make an project million.money qualitatively better. One of the main ones is creating an IPFS version that it is anticipated that decentralization and the possibility to scale up infinity. This technology has already been introduced on the platform the FORSAGE Matrix Project, where it demonstrated its own reliability. We'll run the IPFS version soon million.money. It is noteworthy that the of the network Ethereum — Vitalik Buterin announced the increase in the badge the capabilities of the transition to the new Ethereum 2.0 protocol, the blockchain will process up to 100,000 transactions in the area of the country one second instead of 15 transactions that are currently in place.
After the successful launch of the million.money investment project, our leaders and I went further and in February 2020 launched the world's first matrix platform, also based on a smart contract - FORSAGE. This decentralized Crowdfunding Community on the one hand, and powerful, high-profit marketing model with another. Project speed it's a unique high-tech platform in its history, based on a smart contract and accessible to everyone. Here today, FORSAGE is part of TOP 3 most active decentralized annexes per day the unique users joining us, and it already has over 250,000 participants!
Decentralized marketing of the matrix project, too provides a smart contract technology that is in accordance with the program code allows the processing and distribution of financial resources digital asset flows. Smart contract provides advantages FORSAGE project:
- Safety of the matrix project with the network infrastructure ethereum's crypto currencies, which support the work of the contract
- The lack of human influence and the stopping of the project by reason of the lack of influence independence of the Smart Contract
- Income of savings on the individual's wallet only
- The absence of an administrator and the impossibility of excluding participants from the project
- The SCAMA's inadmissibility because of the Smart Contract Code
- The long-term project of the Crowdfunding project that allows build a long-term business, thanks to the availability of a version of the N website iPFS technology, which has increased the duration life of information online until the Internet exists, and there's at least one user in it!
- The unique communicate makes the FORSAGE project a first effective a financial model created on a smart contract, where it's the main partnership is valuable. We're proud of that we could return the reputation of the matrix through the project FORSAGE!
The million.money community is showing a new standard for smart contracts crypto projects. It's decentralized FORSAGE is the first project using a matrix a Smart Contract platform, which is available to everyone! Use of decentralized systems by a million.money and FORSAGE the advantages of smart contract technology have actually created unique community in its history, which allows each one participants in achieving their goals, which is certainly worth attention.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.