COMDEX: A NETWORK OF INTEROPERABLE SOLUTIONS

Comdex is a prominent decentralized synthetics protocol that develops solutions that are directed towards the democratization of finance. The Comdex protocol offers its users access to a wide variety of asset classes while revealing reliable admission to liquidity.

Nowadays many investors are finding it difficult to gain access to a wider variety of assets

As a result of the many downsides associated with the assets market such as the prevailing liquidity limitations, inadequate global availability, the immensely high cost of transaction amongst many others. Hence there is an imperative need to eliminate these constraints and make it seamless for investors to gain access to these asset classes.

Comdex is making this a reality by utilizing the supremacy of decentralized finance (DeFi), which has since its initiation presented long-lasting solutions to most of the problems plaguing finance, and has offered an upsurge of innovative financial products that improve the rate at which investors gain access to a wide variety of financial products. By tokening assets, Comdex has succeeded in bridging the worlds of centralized finance and decentralized finance hence permitting the flow of wealth from DeFi to CeFi. Hence, eliminating the restrictions and regulatory difficulties by; enhancing liquidity, drastically reducing transaction costs, and enhancing global accessibility to real-world assets.

The Comdex team has developed an all-inclusive range of interoperable solutions that confront the unrelenting concerns in the industries of centralized and decentralized finance which includes; synthetics which offers users the ability to make synthetic assets that empowers investors as it eliminates the hustle of gaining access to real-life assets, a robust enterprise trading platform that proposes a long-term solution to the problems related to trust and efficiency in the commodity trade industry, and ShipFi which intends facilitate the digitization and exchange of tangible assets for stablecoins that are backed by fiat currencies, thereby letting DeFi investors deliver liquidity to CeFi debt assets.

The Comdex team has not only succeeded in linking the world of CeFi and DeFi but has also made it easy for assets to be moved across various blockchains. Hence making it easy for their clients to gain admission to a wide variety of synthetic assets that are not susceptible to inflation. The Comdex team achieved this by taking advantage of the inter-blockchain communication protocol.

WHAT IS INTER-BLOCKCHAIN COMMUNICATION PROTOCOL?

The Inter‐Blockchain Communication Protocol was developed to link autonomous blockchains to each other in a trustless manner.

The importance of blockchain interoperability cannot be overlooked as it fosters a series of enhancements and is a key facilitator of innovation in blockchain technology. As numerous projects and their ground-breaking solutions get deployed the need for an interoperable network relentlessly grows.

The Inter‐Blockchain Communication Protocol is chiefly utilized by blockchains residing on the Cosmos ecosystem namely; Cosmos ($ATOM), Comdex ($CMDX), Persistence ($XPRT), IRISnet ($IRIS), Osmosis ($OSMO), Sentinel ($DVPN), Crypto.org ($CRO), Regen Network ($REGEN), e-Money ($NGM), Akash ($AKT), Ixo ($IXO), Juno Network ($JUNO), Sifchain ($ROWAN), Injective Protocol ($INJ), Ki Chain ($XKI), LikeCoin ($LIKE), Secret Network ($SCRT), BitCanna ($BCNA), Starname ($IOV), Stargaze ($STARS), BitSong ($BTSG), Microtick ($TICK), Bostrom ($BOOT), Shentu ($CKT), Terra ($LUNA) and TerraUSD ($UST) these blockchains can connect and interact with each other using the Inter‐Blockchain Communication Protocol.

For more information;

Website: www.comdex.one

Twitter: www.twitter.com/ComdexOfficial

Medium: COMDEX

Announcements: www.t.me/ComdexAnnouncements