4 min readSep 26, 2020

DRAKEN SERVICE PLATFORM

#DRK #Defi #DEX #DrakenDEX #Crypto #exchange

Introduction:-

Welcome my dear friends. Today I will tell you about an interesting project. The continued growth of the Draken Exchange Financial Service DeFi is the next trend in Crypto ecosystem which everyone has been clamoring sector, combined with the traditional approach to supply chain management, is holding back industry participants. Your attention is given to a new technological solution that can protect the supply chain and optimize the processes of the company.

Draken Exchange platform Operation Company:-

is decentralized system which involves a blockchain and consists of several smart-contracts in the perimeter of the block chain and its own crypto currency, and the platform is a system product created by a consortium of the most powerful, competent, and experienced logistic companies and organizations all over the world. And also blockchain and smart contracts serve as the way forward into the Industrial use, creating economies of scale and potentially aggregating supply. Decentralized manufacturing will make the industry more accessible, secure and economically sound for more Draken Exchange P2P Platform (DRK) is our third product by participants in a direct peer-to-peer (P2P) ecosystem. Therefore, the DRK Wallet would central to every interaction in the Draken Exchange in ecosystem, and also be secure storage and exchange platform for both crypto currencies and fiat currencies, enabling users to deposit, hold, send, and exchange supported cryptocurrencies and fiat. Merchants can freely choose and switch between different blockchain assets for payments. Users can convert from BTC/DRK, ETH/DRK, USD/DRK and vice versa, utilize peer-to-peer transfers and exchanges, and pay for merchant services.

Opening DRK DApps Universe:-

Through the Draken Honor Reward program, DRK Clients have been given access to a huge share of profit from products established on DRK blockchain. We have formulated up to 10 different sources of income, corresponding with some product categories from the ecosystem “DRK Dapps Universe”, including: DRK block reward, DRK Chain gas fee, DRK DEX, DRK Casino, DRK DeFi, DRK Social, DRK Games, DRK Initial DEX Offering (IDO), DRK Insurance, DRK Risk. These income sources are projected to materialize as soon as this year, paving the way for our leading position in the global cryptocurrency market.

Thanks to the immutable, anti-spam, anti-slack Proof-of-Honor consensus mechanism built-in DRK Chain and a growing, sustainable ecosystem, all profit-sharing income sources mentioned above will be available permanently for all Clients who signed up for the Draken Honor Reward program.

Assisting in Draken Honor Reward program:-

Since the beginning of the special program Draken Honor Reward, we have received positive reactions from the majority of DRK Clients. It has been a great joy for those who have been accompanying the project. The warm support from the community was essential to maintaining the operation of DRK Chain and the ecosystem.

With the plan of ushering DRK Chain into practical applicability, with numerous D-apps within the DRK ecosystem, starting from a humble number to potentially reach up to thousands, DRK Chain will need a vast source of Validator nodes established to ensure the sustainable and secured operation of the ecosystem.

Offering Buyback program:-

We are aware and joyful that the majority of Clients are dedicated to and supporting the development of the project. However, cutthroat speculation during the early phases of every project including DRK, was nearly inevitable. In preparation for those who would object to our plan on moving forward, we have pooled together a Buyback fund for short-term Clients who want to exit at this stage.

Clients who wish to depart from DRK’s future success can fill following form in order to sell their remaining DRK amount at their initial purchase prices:

Draken to become a decentralized autonomous organization (DDAO)

A decentralized autonomous organization (DAO) is an organization represented by encrypted rules as a transparent computer program, controlled by shareholders and not influenced by the central government. DAO’s financial transaction records and program rules are maintained on the blockchain.

Draken or DRK sets a long-term development vision with products that shape a decentralized financial platform for the future of humanity. We envision that in the future, credit transactions, user data, accounting books, etc. will all be automated and operated by the DRK Chain network with the help of Smart Contract. Therefore, Draken or DRK will become a representative organization to create the initial operating scale and to be decided by users and content creators participating in the development system of DRK. A financial platform model of the users, for the users and not controlled by any particular party.

Imagine when you want to make a profitable loan from your savings. The only decision under your control is whether you will lend or not. All information about the borrower, borrower’s credit rating, bad debts, incurred fee, terms of contract,… will all be processed in just a few seconds. Each month, interest will be added to your account and liquidated the contract in accordance with the original regulations. It has no manager and does not require trust from both lenders and borrowers. All processes and information are operated by DRK Chain, Smartcontract and have been encrypted.

#DRK #Defi #DEX #DrakenDEX #Crypto #exchange

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