Review on Aludra Network by David Olayide
Aludra Network
Anything related to managing finances is major thing and is usually taken very seriously. As the finance industry grows much more bigger and subsidized there will be a need for efficient management plans and strategies. Aludra is a decentralized network where financial instruments are traded and this Aldura Network provides services and OTC sales for cryptocurrency. The Aludra Network platform uses an OTC sales system with enhanced security features that are maintained in ways they say creates trust between buyers and sellers.
Over-the-counter (OTC) market is a decentralized market in which market participants trade stocks, commodities, currencies or other instruments directly between two parties and without a middleman or central exchange or broker to interfere in activities.
Over-the-counter markets do not have physical locations like a market, but instead, all trading activities take place online or electronically. This is very different from an auction market system. In an OTC market, dealers act as market-makers by quoting prices at which they will buy and sell, currency, or other financial products. A trade can be executed between two Individuals in an OTC market without others being aware of the price at which the transaction was completed.
The project makes use of the ALD token to run the ecosystem as well.
Pros
- Security features present
- ALD tokens are available for the project
- No middlemen
- Reasonable amount of Privacy
Cons
- Nil
