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Review on Akropolis by francis fernandez

Revainrating 5 out of 5

Akropolis: a blockchain solution for financial services

Akropolis is a platform that offers multiple financial services linked to the use of security offered by blockchain technology.
The network works as a multifunctional ecosystem that integrates under the same chain financial investment, credit and advisory products with users of digital commerce, including companies, advisors, financial institutions, trade centers and individuals.
Token:
The chain uses the token known as AKRO to monetize the financial operations of the platform, systematize forms of payment, set fees and rewards in the trading network, in addition to other functions.
The token is of the ERC-20 type because it operates on the Ethereum network.
Chain utilities:
• Serves to minimize the risk of electronic attacks.
• It allows to develop a scalable network for exchanges in multiple chains to carry out loan management without geographical limitations.
• Allows trading and staking of crypto assets.
• Serves as a payment mechanism between digital money and fiat currency.
• Allows you to make deposits using stable value currencies.
• It is used to obtain credits without the delivery of a guarantee or guarantee.
• Serves as financial support to small autonomous financial organizations.
• It is used to obtain returns in exchange for granting loans.
• Serves as a useful tool for developers to design DAO.
Technology:
The chain uses the OpenZeppellin SDK protocol using Facade programming.
It also has NAV support to execute real-time and unalterable transactions of both loans and investment and exchange products. It is supported by the use of technology offered by smart contracts to meet and establish multiple guidelines in the services offered on the platform.




Pros
  • Offers multiple decentralized financial services.
  • It has a robust infrastructure backed by Ethereum technology.
  • It is a safe and fast payment system
  • Saves time in financial procedures
  • It is a platform for global use and open source
Cons
  • It does not have disadvantages of use.

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