RADIX DeFi ECOSYSTEM AND PARTNERSHIP

Naphtali Dabuk
3 min readOct 27, 2020

RADIX DeFi ECOSYSTEM AND PARTNERSHIP

Piers Ridyard is the CEO of Radix, the Layer-One protocol developed for DeFi. Currently, DeFi implementations are based on protocols that are not scalable. Radix has created a robust, secure, and scalable protocol for building applications and tokens. Based on existing public ledgers’ success, the Radix protocol is an unauthorized framework within which DeFi services can be developed and operated. Radix claims to solve two of the biggest problems in DeFi: scalability and security.

RADIX PARTNERSHIP

Radix DeFi has made excellent development to enhance the protocol’s efficiency by partnering with great developers and blockchain to solve the significant DeFi challenges.

COOPER: Cooper is the global leader in digital asset infrastructure that enables financial institutions to store and send simple and secure digital assets with multiple signatures. This is considered to be the safest and most secure method of storing crypto assets.

There have been many theft and crime incidents in the financial system. With Cooper being protected by multiple signatures, Radix DLT — The Decentralized Finance Protocol will provide Radix’s advanced security service against all crime and theft risks. Token (XRD) provides secure access to trading on major exchanges.

EXPOLAB: Expolab is one of the world’s new discovery data platforms that serve as a distributed ledger technology and provides secure transactions and all analytical transactions in real-time using the decentralized computer model Resilient DB.

This decentralized model will help test the performance of the Radix DLT decentralized financial protocol in various scenarios and provide solutions for potential network performance and security breaches.

ARGENT: Known as the world’s most accessible unattended DeFi wallet, Argent offers all Radix DLT — Decentralized Finance Protocol token holders a seamless experience for mobile devices as well as the ability to control and own their digital assets and identities.

The Argent wallet has proven to be the most effortless and most secure wallet for all crypto transactions as all Radix token holders receive:

An easy and secure way to store XRD tokens without the need for an opening statement. Instant access to the DeFi Universe,

To ensure a transparent and insecure protocol, Argent offered a decentralized solution that integrates leading DeFi is. After using the Argent Mobile Wallet, you can easily store and send assets, borrow crypto assets, and earn interest, too, right?

REN PROTOCOL: The Rhine protocol enables local assets to be blocked and automatically printed out corresponding “packaged” tokens on other public books without central counterparty risk. Ren’s vision is to be the cross-ledger settlement layer, where all crypto assets can move smoothly without relying on custodians or other prominent error sources.

NOETHER DLT: Noether is a high-performance computer network with high availability for logging distributed network activity. It has a transaction rate of more than 20,000 transactions per second (TPS) that runs in less than 2 seconds per node.

Noether will also provide an extensible layer for Ethereum, EOS, and other intelligent contract systems running on the decentralized financial protocol Radix DLT.

CHAINLINK: The Chainlink oracles give Radix developers access to a wide variety of safe and accurate data outside the book. This data helps the developers rebuild traditional financial services as decentralized applications and develop completely innovative DeFi products at Radix. The integration will focus on bringing Chainlink’s common-use pricing streams and more to the Radix ecosystem to meet developers’ needs.

Radix DLT — The Decentralized Financial Protocol has provided tools to resolve these challenges in DeFi projects and has formed several partnerships that will benefit all Radix users and the community.

writen By

Naphtali Dabuk

for more information visit

https://t.me/radix_dlt

https://twitter.com/radixdlt

http://www.radixdlt.com/

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