Review on Alchemint Standards by erdi yılmaz
Alchemint Standards
Alchemint Standards (SDS) is a platform that generates stablecoins built on the NEO blockchain.
Since stablecoins do not have excessive price fluctuations, it has practical use in terms of ease of payment compared to other cryptocurrencies.
The Alchemint platform aims to provide a digital payment system by allowing companies to issue their own stablecoins.
The platform guarantees the stablecoins it produces with the Mortgage Model application it uses. With the Coinage model, it manages to adjust the supply-demand balance.
Pros
- Giving companies the opportunity to issue stablecoins is a very innovative idea.
- secures the stablecoins it produces and adjusts the supply-demand balance
Cons
- not widely used
