Review on 1SG by Jorge Hernández

Name: 1SG
Item: 1SG
Rating: 3

February 24, 2021

contributing to the stability of digital money

The variation in the price of cryptocurrencies is one of the main reasons that slows their general adoption; due to the exchange rate risks that this entails. For this reason, more and more projects are focused on creating a protocol linked to a stable value.
1SG is a cryptographic platform founded by the Mars Blockchain corporation, with the purpose of guaranteeing the stability of digital money.
In addition to its monetary stability, this protocol is characterized by having an infrastructure that provides security mechanisms such as KYC and AML without custody, to guarantee reliability and efficiency in the operations of its users and provide the ideal conditions to instantly develop liquidity markets automatic.
Its security mechanism provides greater confidence to its users than common cryptocurrencies; since it audits your transactions.
The main functions and benefits it grants to its users include:
• High interoperability between multiple chains
• Efficient coin storage management
• Payment gateways with access to exclusive wallets
• Global asset transfers
What can we highlight from this platform?
• Protects our assets from price instability
• Offers a guarantee of support in the issuance of coins due to its link with a stable currency and its auditable condition
• It is an efficient chain for the administration of assets at a personal, commercial and financial level.
• It offers us advice from experts in the financial field
• Its value is linked to a stable real asset in 1: 1 equivalence in relation to the dollar of the Singapore region.
All these characteristics and functions previously analyzed confirm that 1SG is a profitable, safe and efficient ecosystem that has all the benefits that we look for in a cryptographic platform.
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