Review Qredo Protocol

An innovation in blockchain that allows cryptocurrency to store multiple exchanges in a single data set, making it simple, secure, and immutable or mediated by any aggregator. , any match. This is the driving force behind why blockchain innovation is used today in many forms of digital currency.

• However, the use of blockchain is not limited to digital currencies, blockchain innovations can be used for a variety of purposes such as agriculture, medicine, coordination and several others. . At the same time, it is imperative to promote blockchain innovation so that this innovation reaches its maximum capacity and can solve various problems, especially related to information storage and commerce.

When discussing blockchain innovation, you may be interested in this platform. Qredo built to realign digital asset ownership and connect blockchain by providing decentralized custody, cross-chain swaps, and cross-platform liquidity access.

Qredo's mission is to build a decentralized infrastructure for pioneers and visionaries that makes the open network work for everyone.

Main highlights:

Fast Finality Blockchain – Qredo is built on Tendermint, a fast finality consensus engine tuned to handle thousands of transactions per second. Additionally, Qredo includes a layer 2 statechain that transfers and records asset ownership across various layer 1 blockchains and within the Qredo network itself.

Multi-Party Consensus Computing (MPC) Network – A next-generation, consensus-based, trustless MPC network connecting layer 1 blockchains with the goal of eliminating digital asset theft. The network includes programmable governance and workflow with built-in security for institutional trading and access to DeFi smart contracts.

Encrypted Messaging – Integrated with the Matrix network, a decentralized messaging architecture, Qredo allows encrypted private communications to be cryptographically linked to transactions on the Qredo network . This messaging layer enables unique applications built on top of Qredo such as Trader Chat, allowing traders to buy and sell directly on their messaging app.

Qredo helps you better protect your assets with 7 lines of defense

First line of defense: MPC

Second line of defense: Multi-user agency

Third Line of Defense: Qredo Blockchain

Fourth Line of Defense: Global Node Distribution

Fifth line of defense: Tamper-proof hardware

Sixth Line of Defense: Check and Test

Seventh Line of Defense: Insurance

Qredo works at the cutting edge of cybersecurity and blockchain. By applying the latest innovations in cryptography and distributed ledger technology, Qredo provides a robust global network for the security and trading of digital assets. Qredo's mission is to build decentralized infrastructure for pioneers and visionaries, making the open network accessible to all.

At a high level, Qredo is a decentralized custodian protocol that allows users to transfer any blockchain asset to each other using Qredo's own independent blockchain built on top of Tendermint. It includes:

• Qredo Vault / Multi-Party Computation (MPC) Cluster (see below): Creates, secures, and provides access to layer 1 content. No private keys needed to be generated.

• Watcher: Acts as a smart router between Clusters, Qredo Blockchain and Layer1 Crypto nodes.

• Qredo Blockchain: a private fork of the Tendermint blockchain.

Qredo believes it has the potential to create a full ecosystem of capital markets solutions such as trading and lending. Liquidity will be provided in partnership with a number of leading crypto service providers, including investors, centralized lender Celsius and options and futures exchange Deribit. Partnerships with institutional traders and trading platforms allow for more flexibility in choosing where to ensure best execution. In the current multi-chain and multi-exchange world, trading on any CEX requires moving the asset there first. On Qredo's decentralized custody solution, assets can appear instantly on any participating exchange.

Investors and partners

Qredo recently completed an $11 million seed round. It is no coincidence that Qredo's early investors include some of the largest institutional traders and some of the largest centralized cryptocurrency platforms. The plan is for Qredo's partners to provide lending, borrowing and trading services to replace the current bulletin board, as shown below.

Qredo Protocol has a coveted team of industry revolutionaries, employees and entrepreneurs with extensive experience in the design, development, and development of low-end large-scale networks. Together we have created over 20 new business ventures and we know both the excitement of discovery and the resilience required to create an innovative Blockchain technology.

• Of course, Qredo's versatility doesn't stop there. On the contrary, this is just the tip of the iceberg I just told you about. In fact, the depth and scale of Qredo is beyond my understanding, so to fully reveal the nature of this platform, I invite you to the official resources section. Where you can get all the necessary information about Qredo. After all, in addition to the official website, you will also have access to the technical documentation of the project itself, where the entire structure of Qredo is described step by step. And I take this opportunity to say goodbye to all of you, thank you for your interest and see you soon!

🔗Token site https://www.qredo.com/
🔗Telegram https://t.me/qredonetwork
🔗Twitterhttps://twitter.com/QredoNetwork
🔗 Telegram user : @Nobitachanel
🔗 Gmail Qredo : [email protected]

#Qredo #Qredotoken #Qredocoin #Qredocrypto