Project Overview Argentas. The future of money

in blockchain •  6 years ago  (edited)

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A new era for the global financial system came after the advent of cryptocurrencies and their introduction into the world economy. While cryptocurrencies have not been able to become a full-fledged replacement for fiat money in many countries of the world, however, in the very near future, the situation may change radically. One of the most terrible problems that many of those who are engaged in the field of finance face is intruders. Today, hackers are able to penetrate virtually any system that can cause irreparable damage even to the largest financial institution. Sometimes ordinary people suffer from the actions of intruders, who may be short of a certain amount on their bank card. New tools in this area can change financial and economic relations beyond recognition. One such tool can be called the project Argentas.


Argentas is a project that focuses on second-generation blockchain technology. The platform will solve any problems that everyone in the world faces by creating an open global financial system. Argentas will help create a completely new global financial system that will take into account the interests of as many banks, financial institutions and all those who have any relation to the global economy as possible.

Features and advantages of the project Argentas:

  • Quick confirmation of the transaction every 2-5 seconds.
  • Verification-based transactions consume much less power, much more environmentally friendly.
  • The lack of mining, the consumption of much lower computing power. And this is a big plus. Since the consumption of large computing power leads to a decrease in network bandwidth and the resulting problems. Costs at the same time will decrease significantly.
  • Decentralized management, transparency and flexibility to trust relationships.
    Security should not only rely on digital assets, but should also be quantum-stable.
  • User interface is simple and convenient to use. This leads to a significant simplification in the implementation of purchases, sales, storage and transmission of data.

How the project Argentas works:

The main component of the Argentas project is hydranet technology. This technology represents the project's own blockchain. The peculiarity of this technology lies in the fact that it uses the best opportunities provided by the distributed ledger. At the same time, there will be a digital asset of its own, which will greatly facilitate transactions. The next point is the development of the lightning network application, as well as smart sharding. They allow faster transaction processing and reduce network load.

The internal interface of HydraNet is very well thought out. The use of all its capabilities will help to establish a good connection between the traditional economy and cryptocurrency. Thus, any bank will be able to enter this network and occupy an important place in the entire ecosystem. Decentralized network applications will also reach a new level of development. Smart dapps will lead to the creation of a new financial ecosystem and will replace many financial services.

Conclusion:

As a result of the implementation of the Argentas project, an opportunity will open up in the implementation of migration economic activities from old structures to a new ecosystem that will be controlled by blockchain technology. All economic activity will thus be focused on the blockchain, which will create a new type of activity within this system. In turn, this will solve many of the problems of value-added users. The project is very interesting and I think it is worth exploring the details in more detail by clicking on the links below. The future is now. With Argentas.

The uniqueness of the article here - 100 %


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