Review on InnovaMinex by Özgün A
A metal-focused project that provides governance of physical operations
We know that everything is getting more and more digital nowadays. We can say that it is digitalized in physical goods as much as virtual transactions. The local cryptocurrency is Minx.
InnovaMinex is about integrating precious metals onto cryptocurrencies on a network working with blockchain technology. Obviously, this is a logically well thought out project.
With the InnovaMinex project, the sales processes of precious metals will be shortened. In addition, this will have a positive effect on prices, as sales will take place without intermediaries. All of these transactions will be carried out over the local token unit "Minx". Trading will become easier with lower transaction fees, faster validators and more efficient transactions.
As a result; The InnovaMinex project wants all transactions on metals to be carried out in its own local currency. But the question is: can only large companies handle these transactions; Or can small businesses also benefit from this project positively?
Pros
- Makes processes traceable
- You are in complete control of the processes. No fraud occurs
- The developer team is very good
Cons
- I don't think the project is the full version because there are still a lot of questions that have no answers
