2022-04-13 15:13:28

FLUID RAISES $10 MILLION TO LAUNCH AI QUANT-BASED CRYPTO LIQUIDITY AGGREGATION SYSTEM

Cryptocurrency has become a global important asset class in the digitalization of the economy and its use for cross border payments has just begun. In the past 5 years alone, the price of the world’s most popular digital currencies increased by over 1,000% and their trading has grown to become one of the most powerful and sophisticated decentralized digital asset exchange systems in the world.

With the increasing usage of virtual currencies as a medium of exchange and as a means of payment, they are also known as ‘fluid’ currencies. Today, more than 20% of the global GDP is held by virtual currencies.

Whether you are trying to understand the potential of virtual currencies, understand their use cases, or build a digital currency-based financial system, the need for a centralized digital currency system has grown more critical with each passing year.

FLUID, the ultra-low latency liquidity aggregator

Fluid, which was established in 2014, is a digital payments solution that aims to “enlighten the complex and misunderstood frontiers of payments” through a single, unified payments platform.

The platform offers one-to-many and multi-to-many communication between network participants, eliminating the need for multiple third-party intermediaries.

By making payments and payments transparent, easy and quick, and made-to-order, the ecosystem offluid grows and benefits from the competition it creates.

The platform’s goal is to become a basic but helpful part of the financial ecosystem.

The Value of Virtual Currency

All of the challenges that have been faced by digital currencies have been due to the fact that their value was built through a process of “flation”. In other words, the more one bought or sold into the system, the more that system was “for” that person’s money.

In the current scenario, the value of virtual currencies is being driven by three distinct factors:

- The supply and demand for virtual currencies is driven by the demand for fiat money in the external economy.

- The demand for virtual currencies is driven by the increased popularity of virtual money in the economy and the regulatory environment.

- The development of new, disruptive technologies is playing a more critical role in the choice of payment methods.

#The Benefits of a Decentralized Currency System

- Decentralized: The system is based on an open-source model, with no central authority responsible for regulating or rewarding minable developers.

- Advantages of Trustworthy: The system is based on an open-source model and is not controlled or managed by any particular organization.

- Flexibility: The platform has a wide range of integrations that allow it to support a variety of payment instruments, from credit cards to smart contracts.

- High throughput: The speed at which payments can be made is highly flexible, with the ability to make payments in real-time without a need to refreshed the ledger.

- Low transaction costs: Decentralized systems minimize the impact of centralization, as the payment systems are distributed and lack centralized control.

- Trustworthy: The reputation of the system is built through a combination of internal and external audit trails.

- Decentralized: The system is not managed by any particular party and therefore no central authority regulates or approves payments.

- Trustworthy: The technology falls under the category of “security Properties” which means that it has lower requirements for security and therefore is less susceptible to attacks.

The Potential of Virtual Currency as a Medium of Exchange

- Advantages of Trustworthy: The system is based on an open-source model and is not controlled or managed by any particular organization.

- Flexibility: The platform has a wide range of integrations that allow it to support a variety of payment instruments, from credit cards to smart contracts.

- High throughput: The speed at which payments can be made is highly flexible, with the ability to make payments in real-time without a need to refreshed the ledger.

- Low transaction costs: Decentralized systems minimize the impact of centralization, as the payment systems are distributed and lack centralized control.

- Trustworthy: The reputation of the system is built through a combination of internal and external audit trails.

- Decentralized: The system is not managed by any particular party and therefore no central authority regulates or approves payments.

- Trustworthy: The technology falls under the category of “security Properties” which means that it has lower requirements for security and therefore is less susceptible to attacks.

Why FLUID is a game changer?

The blockchain can be used to store the data, build the ecosystem and create the money supply of the decentralized digital currency. It is a trustworthy, distributed and transparent way of keeping data, making payments and managing the payment systems. The value of virtual currencies can be decried as a ‘junk order’ or a ‘pump and dump’, because in reality it is anything but.

The market cap of all the top 20 cryptocurrencies is less than $100 million and their total market value is much less than that. The majority of the cryptocurrencies in the top 20 are seen as good investments, but there are a few that are more volatile and can easily fall prey to any given investor’s emotional feelings.

Final Words

Most of the experts believe that the price of the most volatile cryptocurrency will rise above $1,000 in value within a relatively short period of time. Other experts are more likely to consider a coin’s value at a range of $0.10 to $1,000, but with a high chance of completely unrecommended and unfortunate outcomes.

Learn more about FLUID