Review on Bancor by Eve Vallenilla

One of the common reasons why blockchain technology is used is for the issuance of digital currencies, in order to subsequently exchange them on non-custodial and global-scale platforms.

In this regard, the Bancor platform provides innovations by offering its virtual machinery for the development of cryptographic protocols that can be exchanged for other digital currencies from the moment they are issued.

But what other benefits does this crypto ecosystem bring?

Thanks to the main characteristic of issuing smart currencies, instant liquidity markets are created through the Bancor infrastructure, allowing investors to save time in obtaining and managing capital and placing digital assets in various investment products.

This quality of Bancor's smart currencies also allows immediate exchanges of newly issued currencies, which allows traders and investors to streamline their financial operations and save costs of fees for the use of exchange platforms.

This represents a significant advantage in both cost and time savings and allows you to optimally take advantage of investment opportunities offered by the global stock market.

Thanks to Bancor, digital currencies take on value as soon as they are issued, this in itself gives added value to this digital protocol, allowing it to be commercialized more quickly and at low cost.

It also eliminates traders and investors the need for analysis and price monitoring of the intelligent protocol.

At what value are these intelligent protocols exchanged?

Unlike these platforms, the value of the coins issued by Bancor's virtual machinery are calculated using a simple formula, where the Balance and the Constant Reserve Ratio are used, at the discretion of the issuer of the coin, thus remaining: Balance / Supply * CRR.

Definitely, with Bancor's smart protocol, you have all the elements in your favor.