Review on Amoveo by francis fernandez
supporting your decisions reasonably
The stock market is a world of constant fluctuations, where it is difficult to make the right decisions. Due to this, many cryptographic platforms have chosen to incorporate oracle systems into their infrastructure. This in order to reduce the variant "uncertainty" present in this market.
Amoveo tries to provide a solution to this situation; by introducing an oracle system in its technology that allows obtaining real information from the outside and encoding smart contracts based on this information; in order to achieve specific results.
Amoveo smart contracts can be modified according to the movement of the variables under study, to obtain the initially proposed goal.
What other contributions does this chain make?
• Offers a reduction in transaction fees by using state structures
• It allows to maximize the execution of smart contracts in terms of speed
• Offers flexibility in modifying the coding of smart contract variables
• Creates a non-custodial network for financial services in global markets
• Allows the implementation of oracle technology in derivative asset contracts
• It is useful in investment strategies and insurance contracts
• Employs a Proof of Work governance; which makes it highly efficient
From the above; We can summarize that Amoveo is an allied blockchain tool for investors, traders and users in general, which allows them to know the information from the external world and use it in their favor to create the conditions that favor financial decisions and asset management .
Pros
- Serves as investment decision support
- Allows to obtain reliable information from abroad through oracles
- Highly efficient protocol, due to the scalability of your network
- Useful tool to materialize insurance contracts and investment strategies
- Offers low transaction costs due to the use of state structures
Cons
- The VEO coin is listed on only two exchanges
