Review on Decentr by francis fernandez
Decentr: a credit platform without borders
Decentr is a digital channel for the management of decentralized financial services through blockchain technology to guarantee a secure exchange in the development of asset transactions through the use of data as a form of payment.
Under this platform, personal data has a value equivalent to an exchange rate.
In this sense, the value of personal data (PDV) has a functioning directly proportional to the commitment. If the commitment is positive, the PDV increases and the cost of payments decreases; otherwise, if the commitment is negative, the PDV goes down.
The chain has a robust ecosystem with innovative technology for the development of decentralized applications, blockchain network services to organizations and financial entities, and the design of cryptocurrency monetary systems.
Token:
The chain uses the DEC token to monetize the financial operations that are executed on the platform, such as the tokenization of the user's activity on the Internet by collecting their private data.
The primary use of the token is the trading of private data. They serve to determine the value of user data considering the favorable and unfavorable interactions within the Decentr platform.
Platform features:
• The chain has an interface that guarantees its easy adaptation to any user's browser.
• It has a DLT mechanism that allows an optimal link between the user and their applications.
• It is an open source platform.
• It is a chain that focuses on the credit market for digital currencies.
Pros
- Creates a connecting bridge between the crypto credit market and e-commerce users
- It is an open source platform accessible to any expert or individual
- It is a chain of blocks unrelated to the intermediation of third parties
- It is a secure tool that provides decentralized finance services
Cons
- It does not have disadvantages of use.
