VENA NETWORK — Open Protocol for Tokenized Asset Financing and Exchange

In the past several years, blockchain technology has become a remarkable trend in investment in the numerous economic sectors, because it is expected to generate significant changes in many industries.

More and more companies in wide world are investing money into research and development of blockchain technology because of the tremendous benefits it offers, including cost savings, increased transaction time and enhancing transparency.

Simultaneous appearance with blockchain is cryptocurrency. It is considered to be the next generation digital asset with many preeminent features. With the ability to execute over thousands of transactions per second and fully transparent, cryptocurrency is considered the currency of the future.

Some financiers consider cryptocurrency as the pledgeable assets. But it is really hard without the support of any organization to ensure that. Vena Network was born to solve that problem.


What is Vena Network?

Vena Network plans to build a decentralized network via Vena Protocol to financing and exchange digital assets. What Vena Network builds is not just to serve a certain purpose but to expand it to serve all sectors of the market. To do that, Vena Network wants to build a multi-layered ecosystem, each ecosystem has ability to serve a particular type of business. 


Vena Network ecosystem

Vena nodes are an integral part of Vena Network. In Vena Protocol, a Vena node will play the roles as either appraiser or relayer.

Appraiser is responsible for collecting and evaluating information, providing appropriate services.

Relayer is responsible for managing and storing orders, and it also arranges orders to ensure the completion rate of the transaction to be able to benefit from the service fee.

In addition, other roles may appear in the Vena ecosystem:

Contract Author may exist in the ecosystem and write the terms of the smart contract, and profit from the supply of contract templates.

Creditor is as an investor and lender in this ecosystem. They are able to gain the higher ROIs thanks to financing.

Borrower is collateral borrower, but in particular they can use cryptocurrency as collateral.

OTC Trader is allowed to execute their transactions based on the Vena protocol, even with low-fee crypto-fiat trading pairs that still have features such as large exchange platforms.

Juror participates in dispute resolution which is beyond the capabilities of a smart contract to receive a reward. 

 

Values of Vena Network

Built on open source and non-profit basis, Vena Network provides the infrastructure for the development and start-ups of entrepreneurs in the crypto world. At the same time, the Vena Network platform is built and arranged intelligently and skillfully, enabling it to be scalable and evolving over time. Vena Network offers a variety of solutions for users who can easily enter the crypto market. This makes the crypto market more and more popular in economic sectors, even in daily life. In addition, the Vena ecosystem not only supports the overall development of the entire crypto market but also provides significant revenue for network participants. It can be said, Vena Network brings great benefits to the crypto community. 

 

Vena token

Vena token is issued as ERC 20 token based on Ethereum blockchain. It is used as a major means of payment in the ecosystem. In addition, it can also be utilized as a pledge for loan cases. 

Total supply: 1,000,000,000 VENA
Token for sale: 300,000,000 VENA
Reserved: 100,000,000 VENA
Team and Advisor: 150,000,000 VENA
Bounty: 150,000,000 VENA
Vena Foundation: 300,000,000 VENA 

 

Vena Team

 

Vena Network social media channels

Website | Whitepaper | Telegram | Twitter | Facebook | GitHub

Author: tuthienloc92bk
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2135870 

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