Blockchain, a distributed ledger technology, is used by all varieties of cryptocurrency. Blockchains function as decentralized platforms for logging and documenting exchanges of a certain digital currency.
Blockchain, in its simplest form, is a ledger of transactions that is kept in identical copies on each computer in the network’s members. The blockchain’s security is made possible by the distributed ledger that is present in every area of the network.
Despite the fact that in late 2017 and early 2018, Bitcoin and other cryptocurrencies became extremely popular among the broader financial and economic sectors, they have now shifted to a more specialized market among cryptocurrency aficionados.
Blockchain technology, however, continues to be a swiftly expanding area of development for businesses across a variety of industries. It’s likely that the most significant development to result from the cryptocurrency explosion will be blockchain technology. Below, we’ll look into SmarterWorx, Mask Network, and GMX, which are anticipated to become the future of blockchain trading.
SmarterWorx (ARTX)
Blockchain technology is being used by SmarterWorx to create the first fractional art investment platform in the world. You can access and invest in blue-chip artwork whenever you want, from anywhere, using the SmarterWorx platform.
For the assistance and empowerment of artists, investors, and collectors alike, SmarterWorx is developing a platform for investing without restrictions.
Whether a painting, a sculpture, or any art is purchased by investors, it will all be converted into an NFT and offered for sale on the SmarterWorx Marketplace.
In addition, once you have a stake in a work of art, you are free to keep or sell it on any NFT platform throughout the world. The ARTX token, which is backed by works of art and is now up for presale, will control the SmarterWorx platform.
Mask Network
A protocol called the Mask Network makes a claim to be a gateway to a brand-new, open internet. The network functions as a decentralized file-sharing network, cryptocurrency, and encrypted social messaging service. Its native token, MASK, has been seeing parabolic growth since the beginning of the month. It reached a high of $5.82 last week before starting to decline.
Mask has discovered a novel approach to integrating its protocol into the more extensive network without causing regulatory issues. By encrypting messages distributed through social media sites, such as Twitter and Facebook, the network will bring privacy and Web3 functions to these platforms.
An open-sourced browser extension will make this possible.
GMX
The GMX exchange is a decentralized exchange that allows for permissionless leveraged trading.
Popular decentralized exchange GMX focuses on trading perpetual futures. The idea, which was introduced in late 2021 and subsequently deployed to Avalanche on the Ethereum Layer 2 network Arbitrum, soon gained interest by providing users with leverage up to nearly twice their deposited collateral.
The interface of the protocol provides a wealth of data on the assets it manages, trading volumes, fees, or trading positions. The website also promotes the project’s alliances, integrations, and associated community initiatives, as well as the market capitalizations of GMX and GLP.
Final Words
Blockchain is offering more and more utility, and for those looking to trade, be it in artwork, crypto, or even integrating trading into social media, there is a cryptocurrency project for your needs.
For More Information:
Use discount code ARTX5 for 5% off your next purchase!
Presale: http://smarterworx.io/buy
Website: https://smarterworx.io/
Linktree: https://linktr.ee/smarterworx
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Photo by Shubham Dhage on Unsplash
