Zenex: All In One Finance Exchange
Introduction
Finance in the economy of a country, state, business and even individual lives cannot be overemphasized. It is so important a thing in the proper functionality of the world. Finance has has its own growth over decades, centuries and millenniums. At a time, trade-by-barter was a way people had financial transactions. This means exchange of goods and services of equal or close value. For instance, one party has a tube of yam and another has a head of plantain, one who needs yam can exchange with the other who needs plantain. But this method had it’s disadvantages, because there was no actual means to measure the value of items in comparison to the other. Then came precious minerals ( gold, silver etc) as a means of transaction. This also went on for long before coins came along, then finally Fiat currencies. This evolution still continues till today as cryptocurrencies are currently being popularized around the world. With it’s pioneer, Bitcoin being created in 2008 to help solve the economic crisis of that time, it has been a household name in the economic sector. So for a further advancement, a platform has been created which houses, Fiat currency services, cryptocurrencies, loaning, and a gaming platform.
What Is Zenex?
A system that joins;
1. Monetary Services Who Are Licensed, which will have an exchange framework inside, individual records having electro and Crypto wallets, installment arrangement tech, frameworks to pay remotely, it's own cryptocurrency wallets, trade framework for Fiat and Crypto, quick exchange during trade, distributed exchanging, crediting in Crypto, Crypto exchanging.
2. Gaming Services Who Are Licensed, which will have wagering frameworks, betting frameworks, block chain gaming, refferal programs
3. An Aggregator Providing Financial Solutions, which will have crowdfunding of administrations for gaming, issuance of tokens for clients and inhabitants of the framework as Crypto.
Features Of The Project
1. It is a convenient way of getting Fiat in variety of currencies
2. There is no rollover reserve
3. No fast floating fund possibility in the conversion to Fiat & cryptocurrency
4. All transactions will be confirmed through block chain
5. Token can be used as a marketing tool to attract more users
6. Users will be protected from chargebacks
7. There will be variety of wide ranges of integration
8. Verification of new users on the platform will be done with speed and ease
Benefits Of Online Gambling
a. The player pool of actual gambling clubs and wagering administrators is restricted to neighborhood
players and vacationers, which essentially limits the quantity of potential
clients. Online business strategies permit not exclusively to go past boundaries,
essentially extending the crowd, yet additionally to serve huge number of clients
all over the planet simultaneously;
b. The working expenses of online club support are essentially lower
than the comparative expenses of actual gambling clubs, as well as the exchange expenses of
online tasks;
c. To gain admittance to administrations, the players just need an electronic gadget with
Web access, which makes the interaction agreeable and appealing for
players.
d. An organization can undoubtedly extend to new business sectors without massive expenses
for getting sorted out business outside the condition of enrollment of the organization.
Benefits Of Integrating Cryptocurrencies
a. No expenses for handling settlement exchanges, it is to the point of having a crypto wallet with the ability of moment credit;
b. No limitations on how much wagers and installments, in contrast to bank installments.
c. Reserves are not put away with an outsider, however can generally be removed to a cold wallet having a place with the gaming stage.
d. Staying away from extortion and chargebacks by con artists who need to nonsensically get administrations without installment.
e. Speedy acknowledgment and fast withdrawal of assets, because of the absence of complex systems and a chain of installment middle people.
Benefits Of Block chain Technology In Gaming
a. Production of a different stage for game suppliers isn't needed, low monetary and time costs for improvement;
b. While utilizing a game supplier in light of blockchain innovation, certificate is not needed, in contrast to exemplary betting;
c. Guaranteeing straightforwardness and taking out controls that encroach on the interests of the two players and the supplier.
d. Making non-standard, inventive and novel it are not to game applications that restricted to a straightforward snap of a button and games in light of the guideline of standard openings. By growing such a way to deal with games, it becomes conceivable to build the interest of the crowd altogether.
e. The utilization of shrewd agreements that prohibits the abrogation of exchanges, as well as fixing sources of info and results, can expand the certainty of players in online club.
f. Putting away wagers in the blockchain takes out the chance of twisting the result and permits you to procure trust and notoriety which can require a long time to create.
