INTRODUCTION
The world is changing so fast. Before the advent of blockchain technology, the entire global financial and investment system was centralized and non transparent . Blockchain technology is a pace setting technology which has emerged to sanitize the global financial and investment ecosystem . Decentralization in Financial system DeFi is the next trend in Crypto ecosystem which everyone has been clamoring . Decentralizing financial system simply means giving power to the people and diverting it from the centralized system . Decentralized Finance is currently a booming sectors in Crypto
sphere . The system creates decentralized financial instruments which is seperated from the traditional financial institution.
DeFi platform established a decentralized financial apps (Dapps), It implements Smart contracts for financial transactions automation and leverages blockchain technology with some computer code to run the operation, governance and management of the system .The system is quite separated from human management which could lead to manipulation .
With the currency craze in DeFi Space, most of the conventional cryptocurency platform are migrating into DeFi space in other to offer the full benefits derivable from DeFi to their investors and general users. In this article, i will be introducing DRK blockchain ecosystem to my dear readers and i do hope everyone will find this platform very interesting . DRK Platform envision to offer an highly efficient and sustainable blockchain platform to the global users . DRK has strategized to dance with the current tune in the Crypto Defi Space and in soonest time DRK will become one among the
major player in the Global DeFi market . The Team has already reached 3 major miles stone which includes :
(i) DRK Chain
(ii) Development of DRK Decentralized Crosschain Exchange
(iii) Development of drakenx.io Gaming platform .
In this publication , i shall explain broadly about these two major platform which has been developed by DRK blockchain platform
COMPARATIVE ANALYSIS OF DRK BLOCKCHAIN WITH SOME EXISTING BLOCKCHAIN NETWORK
(i) DRK BLOCKCHAIN
DRK Cahin in a simple term is a modern blockchain system which illustrates its real use cases and practical applications. DRK Chain is a very flexible blockchain system comprises of various unique features . It offers a public blockchain network with a very secure, fast highly decentralized and customizable blockchain network. With this blockchain network , DRC-99 tokens can be issued . DRK Chain is a promising blockchain network with beat against all odds. It is an upgrade to some existing blockchain network . The network offers qualitative blockchain services for anyone willing to build and develop their various DApps on it . It is very fast, highly secured , scalable and in terms of transaction cost . It offers the most cheapest transaction charges.
(ii) DRK Decentralized Cross-chain Exchange and Features (Overview)
DRK platform draken.exchange. offers the best Cross chain Exchanged system which enables one cryptocurrency to be exchange for another even with different blockchains and without requiring the help of any middlemen . This is a brilliant innovation delivered by the team of DRK platform and this is another great milestones in Cryptocurrency Exchanges ecosystem. With the help of advance Smart Contract technology and Hash time locked contracts all these has been made possible. Unile in the past where DEXes will have to deal with only one blockchain network . An Exchange like
Forkdelta , Idex and many of them are still on Single Chain which is filled up with some many limitations. Draken Dex has a native token which act as a fuel to the Exchange . It can be used in making transaction fees. DRD is the native token of the Exchange with the total supply of 200,000,000 .
Majority of Cryptocurrency trading are conducted on Centralized Exchanges which is quite risky and contradict the principle of blockchain .DRK DEX has emerged to reverse this negative trends in the global cryptocurrency exchange ecosystem . DRK is the next generation of Decentralized Exchanges (DEXs) willing ti change the game in Crypto trading system and simplifying the trading experience ,
empowering the users retain full custody of their funds ,hence , preventing them to suffer trade -offs which are normally attributed to DEXs DRK DEX will offer a Wide rage of Crypto Assets Multiple blockchains. Unlike the conventional ERC20 DEX setup , DRK will on its platform facilitate cross -chain trading for varieties of Digital assets . The platform is a combination of an off-chain matching engine together with the Oncchain Smart Contracts which open up state channels for trading purposes and monitor the transfer of assets between the users wallet.
(iii) DRAKENX.IO GAMING PLATFORM
Amongs services offered by DRK platform is their Gaming platform powered on blockchain . The platform offers a decentralized Gaming platform where everyone can play Games and win . Draken.io offers an highly decentralized , transparent and WIN for all Gaming platform which offers varieties of blockchain Gaming services. The system offers a very transparent fair gaming platform where everyone becomes Winner. Unlike in the centralized gaming platform where winning are being determined by human , Draken.io offers a blockchain smart contracts gaming platform which is not managed by any human resources but Smart Contracts. Games offered in the platform are highly customizable . Users winning are instantly deposited in their wallet . The gaming platform implements DRX token which is the main utility token of the platform with the total supply of 100,000,000,000 . Interested gamers can purchase DRX token to stake games in the platform .
Conclusion,
Draken is a robust blockchain platform with unlimited potentials . The platform consisted of two major ecosystem which is backed by 2 different cryptocurrencies i.e . Draken DEX Token (DRD) and DrakenX Token (DRX) respectively . These tokens act as the fuel to the two major ecosystem . and they are backed by the platform businesses and Infrastrcutures offered. Based on the above reviewed facts about DRK platform , there is no doubt it is a game changing blockchain platform .
Draken Official links
Website: https://draken.tech/
Whitepaper: https://drive.google.com/file/d/1mHtV50CktdFCyD_NaH370sZ8sOBehgce/view
Facebook : https://www.facebook.com/DRKDEX
Twitter: https://twitter.com/DRKDeFi
Telegram: https://https//t.me/Drakentech
Draken Gaming https://www.drakenx.io/play
Draken DEX https://draken.exchange/
Authors info
Bitcointalk Profile url : https://bitcointalk.org/index.php?action=profile
Bitcointalk username : rehanahsan123
DRK wallet : 0xb28D7402D4670DC7755327503A0FD9BAb637B6Cd
Tron Wallet : TPdV4NKCrtGa4SzbQhY2fp3PbkWotJRzY5