Not zero: 0x and the tokenized economy

the Decentralized crypto-exchanges here, decentralized exchanges. And in the middle of 0x (ZRX). The Ethereum Protocol uses a series of Smart Contracts, in order to implement similar applications such as decentralized Exchanges. The project started, however, with the firm objective to exceed the benefits of decentralized Exchanges. As with the ZRX just a series of tokens, you can trade with each other, but also all sorts of tokenized assets, such as real estate or bonds.

David-separator
At the 2. January 2019ShareFacebookTwitterLinkedInxingemail

Here are three possible cases of application are for 0x.

ZRX: The fast Alternative to DEX

Decentralized crypto-exchanges are considered slow. Because the transaction duration is for trading with crypto-Assets, decentralized Exchanges fundamentally dependent on the block times. Further, the trading partner transaction must pay fees for each order, as they use capacities on the Blockchain.

0x claim to have a solution to these problems found. Because the ZRX is a so-called Second-Layer Protocol. This means that trading partners can conduct with the help of 0x any number of transactions without the need of each individual on the Ethereum block Chain. Only the "Clearing", so the final balance sheet must be directed to the Blockchain. This saves the 0x-developers, according to time and cost.

The tokenized economy

One of the great value promise of Blockchain technology is the creation of tokenized digital assets. A number of Start-ups is already working on the implementation of new asset classes on a Token Basis.

bring some benefits. Transactions can be significantly faster than conventional transactions on the financial market. Furthermore, the tokenization of Assets offers the possibility of investment products with high volumes such as real estate, in any small tranches split. Each Token represents a percentage of suitability to the overall product.

0x could be an integral part of this "tokenized economy". Because 0x investors can trade all kinds of tokens, not just those on ETH Basis.

The Integration of more and more tokenized investment products in the financial market would have, without question, a gain in efficiency: market barriers to entry fell away, because even with a lower capital investment. The markets would be more transparent and transaction costs are lower.

Private loans

Also, the market for loans could be improved by using 0x. Because the Blockchain technology creates a Level of transparency and commitment that is unparalleled.

as a result, the so-called "Peer-to-Peer Lending could act," in which private individuals as lenders, are gaining in importance. With more competition in the money market is, accordingly, expect more efficiency and lower prices than at the time.

conclusion

0x is a promising project in the area of the token, global economy. It is a versa tiles, object-oriented Protocol that is suitable for a variety of applications within the meaning of the Token of trade.

If ZRX is the Standard for the decentralized trading of digital assets, it remains to be seen.