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Businesses and Phoenix Global

Phoenix.Global. Know why Phoenix Global has replaced the central validator with decentralized architecture where all contracts are enforced automatically.<br><br>Blockchain Powering the Next Generation of Consumer Applications.<br>More Private. More Interactive. More Connected. Join Phoenix.Global.

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Businesses and Phoenix Global

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  1. Businesses and Phoenix Global: Scalable, secure, and built with the end-user in mind phoenix.global

  2. What is Phoenix Global? Decentralized applications are powered by smart contracts to drive the exchange of value across participants instead of having a middle party functioning as a central validator to enforce the terms of a contract and ensure compliance. Blockchain technology and the advent of smart contracts have replaced the central validator with decentralized architecture where all contracts are enforced automatically. Decentralization brings operational efficiencies, reduces counterparty risks, and cuts down on costs. The applications of the emerging technology across finance, the supply chain, marketing, logistics, and the manufacturing industries have been enormous. Industries are technically and creatively dependent on data to connect blockchain and external data resources to drive their operations phoenix.global

  3. Phoenix Global is meant to eliminate this lack of connectivity and serve as a middleware oracle retrieving data from external data feeds into blockchains. The oracle is two-way, which means it can feed the real world with data from blockchains and vice versa. The platform has a robust security framework that protects it from a single point of failure, downtime, data manipulation, and supporting multi-layered smart contracts where particular DeFi components can be stored off-chain. phoenix.global

  4. Business use cases of the Phoenix Global Money market platforms Money markets can boost operational efficiency by transitioning from the traditionally centralized mechanism to decentralized technology. As such, they can take advantage of smart contracts with borrowing, lending, the yield on assets, and the valuation of working capital. These activities are heavily reliant on data from the forces of demand and supply. Phoenix Global, as an oracle, would assist such platforms in deriving data from the real world and provide the valuation of these assets. The result would be a fair and transparent environment where liquidity is optimum, asset prices are affordable, and loans are awarded transparently. phoenix.global

  5. Futures and options Exchanges and investment companies offering a future and an option can take advantage of the Phoenix Oracle. Futures and options require price feeds to determine the duration one should hold them and whether or not to liquidate an investment. Data ensures that each contract to a future/option is 100% collateralized at all times. Finally, data drives the funding rate set to perpetually change in the future and maintains a net neutral exposure. Stablecoin offerings Stablecoins are on-chain decentralized tokens tied to the value of a fiat currency in the ratio 1:1. Their main goal is to bridge the gap between the stability of fiat and decentralized technology.. For full collateralization, these stablecoins require price data. phoenix.global

  6. Synthetics Synthetics are decentralized assets that are pegged to the value of real-world assets. They provide decentralized finance investors with price exposure to the tangible world assets without demanding actual ownership of the assets. Phoenix Global is already in partnership with Horizon Protocol, a DeFi platform for synthetic assets, wherein the Phoenix Oracle provides price feeds to support the native HZN token on the platform. In addition to this, the proprietary Phoenix Oracle will provide various real world asset price feeds such as: Traditional financial market indices Equity assets Physical assets Datasets of value phoenix.global

  7. Automated Asset Management The only reliable way to enforce automated trading is using an Oracle to bridge trading decisions with reliable data. This capability would come in handy for crypto portfolio managers, crypto investment firms, and so on. Conclusion From yield farming, salaries payment, remittance companies, gaming, and NFTs, to bonds, and credit default swaps, businesses and developers can use Phoenix Global to build and deploy highly decentralized consumer applications. The platform is scalable, secure, and built with the end-user in mind. phoenix.global

  8. BLOCKCHAIN POWERING THE NEXT GENERATION OF CONSUMER APPLICATIONS More Private.More Interactive.More Connected. twitter.com/Phoenix_Chain phoenix.global t.me/APEXcommunity github.com/phoenixglobal phoenixglobal.medium.com www.reddit.com/r/PhoenixGlobal

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