Review on Akropolis by Robiul Islam
It is a domain-specific financial protocol.
It has bring up a rather complete solution for the advancement of AFOs. The project is able to provide users with a reliable, secure and transparent informal financial platform for the convenience of network participants, a reliable value transaction system and ease of operation.
It is a financial draft dedicated to providing solutions to the obvious problems in informal non-banking finance, and, frankly, those seen in the pension industry. The project is designed with the ability to build on any blockchain system equipped with a touring complete virtual machine.
Along with the introduction of financial industry, there are also autonomous finance institutions. Mostly unofficially structured, they face fraud, money laundering, corruption, annexation of capital, and more. The project hopes to build alternatives to informal financial institutions by adopting blockchain technology.
Pros
- Adequate cost retrenchment, easy to set up and little maintenance costs.
- Reduces the risk of perceived and actual transactions.
- This increases the network according to the amount of transactions parsed and the number of users.
- Scalability across geographies.
Cons
- It is important to understand that it is still in the process of development and has not revealed how these services will actually perform and be used in the market.
