Wednesday, February 1, 2023

Belem.cc market update - The rise of the DeFi

DeFi, Decentralized Finance. It is based on the smart contract platform built on crypto assets, financial smart contracts and protocols, mainly through the Ethereum network.

As an important part of the DeFi ecosystem, the biggest difference between decentralized exchange (DEX) and centralized exchange (CEX) is that the transaction transparency is extremely high. DEX uses blockchain technology and smart contracts that cannot be tampered with to put asset custody, matching transactions, and asset liquidation on the blockchain. In addition, the right to manage funds lies with the investors themselves rather than other intermediaries, which greatly improves the investor's control over funds and asset security.

It should be noted that there are also some drawbacks in the process of the rapid development of DEX, such as slow transaction speed and poor user experience. This requires users to carefully identify DEX and try to choose Belem.cc such a powerful and stable top international exchange. In order to solve the problems existing in today's exchanges, Belem.cc equipped with the world's most cutting-edge technical talents and the industry's top elite team, and Belem.cc members are mostly from Google, Oracle, SoftBank, Goldman Sachs and other top 500 Internet finance venture capital companies.

Belem.cc perfectly combines the high performance of CEX with the strong reliability of DEX public chain, continuously optimizes the trading environment, and effectively improves the trading experience of investors. For example, the problem of slow transaction speed, Belem.cc developed a unique high-performance memory matching engine, which carries out all the order and balance data of high-frequency operations in memory, which can provide world-class cryptocurrency transaction speed, up to millions of singles per second, far better than the general use of database matching exchanges. In addition, the Belem.cc matching engine adopts clusters, one transaction corresponds to one matching engine, and at the same time can complement each other to achieve load balancing, which can support the stable operation of tens of millions of online users at the same time.

Belem.cc's technical team has deep experience in the development of the underlying architecture, and the Belem.cc platform adopts the leading multi-layer, multi-cluster system architecture, which greatly improves the security, stability and scalability of the system. It can ensure that Belem.cc does not need to be stopped during feature deployment and version iteration, maximizing the smoothness of investor operation. That's thanks to years of research by Belem.cc CTO Roderick, who is Belem.cc specialty. Software architect for web system development with over 10 years of experience in cryptocurrency. He has been an app developer since 2012 and a veteran activist in the digital currency space.

At the same time, the core members of the Belem.cc platform are early investors in crypto assets, and have participated in the whole process of the emergence of DeFi, technology landing, practical application and rapid development. Through the characteristics of DeFi itself, the Belem.cc platform eliminates intermediaries between transaction parties, improves operational efficiency, and returns the user's right to fund management to the user, transactions are more open and transparent. In Belem.cc, anyone with an internet connection can participate in financial activities anytime, anywhere.

Since its establishment in 2017, with a strong technical team, excellent business operations and forward-looking strategy, Belem.cc has spread to 120 countries around the world, providing one-stop investment services for more than 8 million users around the world, including currency trading, contract trading, and C2C, OTC, asset management and other one-stop digital asset finance, select high-quality digital assets for users, and create more wealth value.

In the future, Belem.cc will continue to make use of the advantages of blockchain decentralization and database security and reliability, and build a decentralized, more efficient, transparent and open world of asset trading services composed of cryptocurrency and global digital asset transactions in view of the opaque and centralized operation of the cryptocurrency trading process.

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Company Name: Belem Exchange
Contact Person: Ben Recharged
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Country: United Kingdom
Website: belem.im