EMRX Token: Resolving the scalability issues 

Emirex was rebranded in July 2019 with a base in Dubai and launched professional trading platforms in September 2019. The exclusive EMRX coin will be listed at Tier 1 international digital assets exchange in January 2020. However, Emirex group is bearing in mind the challenge of scaling. The scalability crisis of Cryptocurrency was first evident in the year 2017. As a result of the crisis, bitcoin users found themselves paying high commissions during the trading and paying more gas prices for Ethereum. So if not taken in consideration Emirex might lose its entire crypto enterprise for the issue of scalability. Many professionals believe that it is a deadly factor for digital asset developers.

Many cryptocurrencies that advertise low commission on transactions are yet on the scale and facing the challenge to survive in the online marketplace or networks. According to the developers of blockchain technologies constant block size is a big issue for blockchain which prevents the digital asset from scaling. So when cryptocurrency is used to replace present online platforms the higher demand is not met by higher supply. Due to system architecture market can’t supply enough currencies, as a result, the commission started to rise since many people are creating transactions at the same time.

So the users are waiting for developers who are constantly trying to resolve the scalability problem. With a few protocols, implemented users can be saved from high commissions of transactions. Cracking the problem of scaling is vital to the survival of digital assets in the global stage. The existing payment methods can’t be outclassed if cryptocurrency developers don’t take the supply issue seriously.

Hence, how can Emirex solve such a big issue learning from the previous lessons of bitcoin and other cryptocurrencies? Firstly, Emirex will make sure that all their strategic values, positions, and services are aimed to serve the number of existing users. If the correlation between service and users are maintained supply and demand issue can be resolved in a better way. Secondly, Emirex will keep in mind the opportunity of growth and aim for a network effect. Network effects create the value of cryptocurrencies. For instance, bitcoin valuation is based on the bitcoin network. Emirex is planning to give incentives to existing customers. So a large community of investors, traders, and partners will be attracted at the same time as future users. As the Middle East region is still waiting for better platforms to join the cryptocurrency crowd it is possible to draw the attention of those future users to the network effect.

Finally, The EMRX token will be used as a native token for Emirex platform. Using the Emirex platform users will be provided value where users can earn EMRX for participation. The utility will be a built-in mechanism of the platform and will bring massive growth. As the platform has the ability to serve in correlation with the user demand scalability crisis like bitcoin will not repeat in the Emirex ecosystem.

In conclusion, Emirex is ready to maximize the long-term benefits of the users. Paying high commissions due to excess users than the crypto structure can lead to disaster in the market. When the total supply of token is distributed to the stakeholders it changes the overall scenario. Participates can trade and exchange paying little commission allowing them to create frequent and large transactions around the world.

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Company profile details here

Website link : https://emirex.com/
Telegram link: https://t.me/joinchat/DqGU61OCcKlwpg073YO0fA
Facebook link: https://www.facebook.com/emirex.official/
Twitter link: https://twitter.com/EMIREX_OFFICIAL
Instagram link: https://www.instagram.com/emirex_official/
Emirex ID: IDFD87B9014C
giveaway Link: http://bit.ly/soficobnrul
BTT :MicaleFalcon
BTT Profile: https://bitcointalk.org/index.php?action=profile;u=2100271
TG : @vonwd