Review on NEST Protocol by francis fernandez

Name: NEST Protocol
Item: NEST Protocol
Rating: 3

March 21, 2021

facilitating your financial decisions by giving you reliable predictions

Making financial decisions in an environment as changing as the stock market is hard and risky work. For this reason, many investors frequently resort to platforms that operate with oracle systems; since they guarantee more reliable information.
NEST is an ecosystem based on the use of non-custodial oracles that operates on the Ethereum blockchain, which additionally serves as a platform for the development of decentralized finance solutions.
What uses can we get from NEST?
• Allows to develop applications through the use of oracles; reprogramming the established variables to control or minimize risks or correct deviations
• It is used to make asset value quotes in a market without intermediaries and also to validate them to guarantee their veracity in real time
• Employs anti-fraud technology in its infrastructure; which is why users enjoy trustworthy oracles
• Creation of oracles in a democratic and inclusive way by any user
• Allows users to generate income by making quotes and price validations and in this way join the democratic network of oracles of NEST
• Users have the freedom to join the oracle system at any time, whether to add new pairs, add quotes or update prices, as well as being participants in the decisions of the NEST network, by joining its government system
Taking into consideration all the qualities, uses and benefits offered by this cryptographic oracle platform; It is well worth placing our trust in him when looking for an allied tool to make financial decisions related to the investment, purchase, sale and exchange of assets in the stock market.
NEST uses smart contracts supplied by the powerful Ethereum network, which brings additional added value to its network of oracles.

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