Persistence — Protocol Powering Next-Gen Financial Products | Review

Hi everyone, how are you? If you are interested in joining a project, your perseverance should read information that will help you understand your vision and mission.
Sustainability is a compatible protocol that facilitates the creation of next-generation financial products. It is an ecosystem of financial products that caters to both institutional and crypto users. Persistence uses blockchain technology to ensure a smooth exchange of assets.

The need for a solution like perseverance has never been more acute. A significant and growing amount of institutional capital and New stablecoins is aimed at returning. There is a growing need for traders and companies to gain access to financing. Endurance is suitable for both. Perseverance provides a platform for launching debt markets, where companies with excess capital (lenders) are distributed among companies in need of capital (borrowers).
Perseverance is aimed at using both institutional and crypto-native liquidity at the DApp level as part of a two-step approach. They aim, on the one hand, to take advantage of public blockchain technology for institutional use cases, take advantage of institutional liquidity, and, on the other hand, to provide crypto-native stakeholders with institutional products and take advantage of retail liquidity.

In the real world, you can use collateral for real assets to get short-term financing. Within the crypto ecosystem, you can only borrow stablecoins using other cryptocurrencies as collateral (often with borrowed funds). However, one of the problems with crypto assets is that traders and small and medium-sized businesses still cannot use cryptography on a regular basis. In most cases, users will have to pay for gas, which will be expensive and require additional knowledge about the system. Finally, the uncertainty in cryptography remains very high, which makes it extremely complex. After all, data is also an important topic. Data loss and malicious activity also hinder DeFi development, making it extremely difficult for other platforms to solve this problem.

Persistence is a compatible middleware that provides a sovereign environment for developing and running DeFi applications . The Save technology was developed with all the challenges that DeFi currently faces in mind. The storage technology stack consists of three components:
PersistenceOne chain (s)-a network of sovereign “application chains” specific to a particular company, with security provided by the main chain and persistence validators
PersistenceOne SDK-a complete set of plug-and-play modules for creating new ones or integrating them into exchanges and markets

PersistenceOne dApps-financial applications for retail and institutional stakeholders. Given the ever-growing need for kkmu traders and companies to gain access to finance, Persistence’s solution has never been clearer. In addition, growing institutional capital and emerging stablecoins require space for simple capital movement. Perseverance is the key to more efficient allocation of global capital.

Persistence one aims to improve value transfer between the two financial worlds by enabling value transfer through seamless compatibility through on-off ramps. It is designed to promote open and inclusive financing and eliminate payment and financing inefficiencies.
Persistence-blockchain system
As a POS (Proof of Stake) blockchain system, the protocol has three levels of persistence chains (application chains that receive security from the main chain and its validators), and the persistence SDK (a plug-and-play module system that supports network functions). and permanent dApps (Financial-based programs).

Its design principles are chain sovereignty (independent secure operation of the blockchain), liquidity and ease of use for business purposes. The default persistence protocol blockchain system is compatible with data protection, but it is compatible and complies with the law, is integrated into the entry and exit ramps, and simplifies processes.
The Persistence SDK is by far the most important implementation of the blockchain on the platform. The software development kit is a system of highly efficient modules that allow you to create trading platforms and provide a fast and comprehensive exchange of values.

In general, the SDK protocol is characterized by four main characteristics: availability, liquidity, innovation, and sustainability. These factors support the protocol and allow the Persistence one platform to increase physical goods in the supply chain as an NFT.
In addition, using SDK factors, the platform can effectively implement cryptography with real-world use cases, providing a continuous stream of sustainable revenue. Thus, a large potential for KKMU companies in the DeFi sector is released due to untapped liquidity. This creates huge opportunities in the crypto space.

For institutional investment to flow into the cryptocurrency sector, traditional institutions must be familiar with these digital assets. This comfort can come from reliable platforms like Persistence that close the gaps between these two worlds. In addition, linking crypto assets to Real Assets is key to financing SMEs, which have long been overshadowed by large companies in terms of access to credit.

This was made possible by reducing or removing barriers to storing virtual currencies and implementing decentralized protocols that adequately address privacy and security issues. Persistence effectively addresses these issues by using the application chain stack, SDK, dApps, and persistence token (XPRT) to complete the loop.

Website: https://persistence.one
Twitter: https://twitter.com/PersistenceOne
Telegram: https://t.me/PersistenceOneChat
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5323374.0 Linkedin: https://bit.ly/3dgfKM7
Medium: https://medium.com/persistence-blog
Youtube: https://www.youtube.com/channel/UC5wqI1ZRdkCjWWVOCQdhxLQ/featured

Author — Vladique
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Wallet: persistence1t7sscmftdvh4x55r493cau8w978aquz8cpzhlg