Review on The Force Protocol by Pedro O. Alvino M.
Open source financial services platform
Developed as a finance services protocol, which presents a decentralized architecture that intends to offer financial services through the blockchain and different DEFI technical components.
Given the severity of the development of Dapps in the Ethereum network, it proposes solutions based on the technical components of The Force DeFi, The Force Protocol that integrates the financing protocol link, cryptographic loan protocol and decentralized stable currency protocol, which form ForTube's Crypto Open Financial Services Platform. ForTube that will provide individual information and business clients with crypto asset investment, financing and trading services, to meet various crypto financial needs of various clients
Pros
- It has a service of elastic contracts for protected assets
- Includes a Blockchain investigation, auditing and messaging system
- It has a financial component made up of three parts.
- Contains a bond financing protocol with a crypto asset loan service with a fixed term and interest rate
- Includes a lending protocol provides algorithm-driven current and variable interest rate token deposit and lending services.
- Adds a decentralized stablecoin protocol committed to becoming the most influential project in the crypto field.
Cons
- It has several competitors in the market
- Does not have a strong community to support the project
