As Vena Network is growing naturally and from the blockchain emergence and the lover of cryptocurrency will immersely enjoy the benefit accruing from this project,OTC trading is highly involved in trading from the view point of its population.
The pragmatic advantages of Vena Network to the blockchian world cannot be over emphazised .Nowaday,it is generally believe that OTC trading does not involve fraudulence . Makeshift escrows offer minor remorse as the fees can often be crippling for small-scale traders.
A project that aims to change the construct of the financial markets has a challenging hike to fulfill. And any platform must retain a good community engagement and growing user base to survive; this is particularly true for start-ups. Vena Network's strength lies in the fact that it provides a much-needed benefit to the Crypto community, a demographic that also happens to be adjusted to blockchain developments and will easily grasp the details needed to use Vena Network
The high flying VENA NETWORKin its exceptionally cutting edge trait and value has been able to set itself apart from amateur cryptocurrencies by rising up, busy addressing and taking all possible threats strictly serious with its mission to serve as a standard medium for both the investors and partners for outstanding safe transactions and building a maximum support system, a technology that affords the best level of security for the platform that does not overly rely on centralized security management protocols
While OTC trading markets may be dwarfed by the scale and value of the debt markets, Vena Network's ability to target an interaction that is so centric to the community is a powerful strength. Being able to offer reduced costs and benefits of trustless engagement will play a crucial role in acquiring an early user base.
VENA NETWORK SWOT Analysis
SWOT analysis sheds light on the potential of a project.
• Strengths – A lot of blockchain projects are created by companies that are in their infancy and still lack the necessary network. Vena Network key strength is that it already has the infrastructure needed to deliver its product.
Vena Network's strength lies in the fact that it provides a much-needed benefit to the Crypto community, a population that also happens to be adjusted to blockchain developments and will easily grasp the details needed to use Vena Network.
While OTC trading markets may be dwarfed by the scale and value of the debt markets, Vena Network's ability to target an interaction that is so centric to the community is a powerful strength. Being able to offer reduced costs and benefits of trustless engagement will play a crucial role in acquiring an early user base.
The Vena project experts are licensed to manufacture manufacturer; licensing processes can delay the roadmap of a typical start-up, but Vena network project won’t face this issue. Additionally, technological infrastructure is needed to deliver most digital platforms; Vena Network ’ teams has asserted that it already has this infrastructure place.
Vena Network competitive edge is that it doesn’t need go through the steps involved in the base establishment of a company. Factors like licensing, network establishment, and organizational structuring are in place and thus allow Vena Network to roll out its platform without roadblocks. In a market where most blockchain start-ups are launched on the basis of a mere idea, a company that is launching with an established infrastructure in place can move ahead by sealing important partnerships at a great pace.
Positive attributes internal to your organization and within your control. Strengths often encompass resources, competitive advantages, the positive aspects of those within your workforce and the aspects related to your business that you do particularly well, focusing on all the internal components that add value or offer you a competitive advantage.
• Weaknesses - All though there are a lot of factor within theb control of Vena network yet detract from their ability to obtain or maintain a competitive edge such as limited expertise, lack of enough resources, limited access to skills or technology, substandard services or poor physical location. While OTC markets may be easy to penetrate, the full-scale of Vena's value offering involves delving into the traditional financial markets. This brings up the challenge of competing against established institutions..
However, there is enough proof that the blockchain adoption rate is gaining steam. Vena Network can ride this trend and take it as an opporuntunity to showcase to the masses the people it has.
THREAT :The Vena Network is based on Ethereum ecosystem and is not independent enough on security .
The tend of policies in some countries is not yet clear ,so uncertainty created by the government is one of the consumer .
• Opportunities - The Vena Protocol guarantees that the underlying interfaces can be freely defined and provides a standard smart contract library of various kinds including debt contracts (debt financing, credit, collateral loan) and transaction contracts, aiming at helping users to build interactive financial DApps (Decentralized Applications) fastly, conveniently, and safely.
At Vena Network here ,there are factors which include the specific opportunities existing within their market that provide benefits , including market growth, lifestyle changes, resolution of current problems in blockchain community coupled with higher ability to offer a higher degree of value in relation to their competitors to promote an increase in demand for their products and services that spans between the investors and partners.
In the trade of financial services, middlemen stand advantaged simply by connecting market providers and market receivers. The blockchain can ensure that the trillions of dollars that flow through the debt markets, OTC trades, and other interactions that can be handled in a p2p transaction are done so securely without the mediation of third parties.
• Vena Network brings this benefit to the financial sector in a feasible manner.
Additionally, the underlying protocol mends security solutions to p2p interactions in a format that is agile enough to not be limited to one form of service. Thus, Vena holds benefits for both the Crypto community and the professionals in the traditional financial market(s).
WRAP UP: There will be dozens of different smart contracts within Vena Network, so both parties would be able to find the most appropriate one. With working market of cryptocurrency loans, the entire market could recover. So why are you still not a part of Vena?
Website - http://vena.network/en
Whitepaper - http://whitepaper-en.vena.network/
Facebook - https://www.facebook.com/Vena-Network-207271413455484/
Telegram - https://t.me/vena_network