Information Land: October 2020

The introduction of cryptocurrency and the blockchain technology was meant to eradicate most of the challenges that have lingered for years during the traditional mode of transactions. The blockchain technology was widely utilized in cryptocurrency because it offers swift and fast transactions; this was when cryptocurrency was at its early stage when the numbers of users were limited. But due to the wide acceptance of cryptocurrency and more users’ utilizing the blockchain technology, transactions were not as fast as it was but rather slow.

Therefore, there is need to create a platform that will bring simplicity to online transactions and this is the main reason why i have to go with https://draken.tech/

What is Draken Platform?

DRK is the Epicenter of the DeFi Ecosystem platform for the existing financial sectors of the Draken Group's digital banking system. The goal of DRK is to gather all the information stored in a decentralized authentic ledger and transform payment processes and financial procedures. As a result, payment would become cheaper, more convenient, and more secure with a host of automation capabilities.

DRK Platform focuses on security, fast transaction efficiency and many of the latest decentralized technologies in the decentralized finance sector to create an all-in-one platform in the Draken Group system and the global financial industry.

Services Offered by draken.tech, are as follows:

Draken Dex: https://draken.exchange/

Draken Entertainment: https://www.drakenx.io/play

Staking Platform: https://staking.draken.tech/

Draken Blockchain : https://explorer.draken.tech

DRK Crosschain Swap (coming soon)

DRKompound (coming soon)

DRK Insurance (coming soon)

DRK Governance (coming soon)

DRKakao Decentralized Social Network (Coming Soon)

Draken Dex: https://draken.exchange/
Most of the decentralized Exchange works on the blockchain only, which allows only token of such network. This is precisely the case with the Erc20 token, which is based on Etherdelta dex and Idex and the Trc20 receipt has only Poloniex dex. This is because there is a lot on dex in the torque. After all, it would not be permissible to use different types of skills in the dex. The team is the verge of being torn apart. What is the purpose of a decentralized cross-chain transfer based on the chain of command which allows the token to be inserted in a day or two if the cross-chain protocol and Gujarat are compatible? This is the most common cryptocurrency in the world. This means that the token whose business is in the DRK dex will not be limited to the DRC-99. The exchange cross-chain trading system has been allowed to convert any type of pass in the exchange.

Draken Entertainment: https://www.drakenx.io/play
Users can play a variety of games and win endlessly. The game on the Draken platform is very transparent as they run on a blockchain smart contract. There is no room for fraud. Customers instantly receive their winning prizes on their respective wallets. You don't have to wait forever your rewards. It is a gaming platform free from human manipulation because of the blockchain smart agreements that run and operate on it. Winning is used directly on consumer wallets through intelligent contracts.

Staking Platform: https://staking.draken.tech/
Draken is a form of the Defi system aimed at undermining the current centralized global financial system. Customers can bet on tokens and earn interest based on their stack. Token Draken offers everyone a decentralized investment platform that enables any user to store, invest, and trade using Blockchain and DEP without any fuss. Involvement of any broker or intermediary.

DRK Blockchain Comparative Advantages over Some Existing Blockchain Network

The below table shows some awesome advantages of DRK token to other existing ones. Therefore, it is very wise for a smart Investor or Trader to hop on the Draken platform to be among the early beneficiaries.

Structural Layers of Draken Platform

Core Layer

The Core Layer manages the agreements formed on the ledger and transition status. It includes the most basic smart contracts, allowing the creation of different entities and payment requirements. It also detects when the payment has been completed. It is based on immutability, system’s transparency and intelligence.

Extension Layer

The Extension Layer manages the actual trading conditions and rules. Most payment requests are not straightforward; if it comes from a business, it will usually have rules for calculating taxes, payment terms, deposits or advances. All of these conditions are in the form of extensions that can be added to payment requests.

Application Layer

The users of DRK will not be only blockchain developers or software engineers, but rather participants in decentralized organizations, and in some cases creators of them. These individuals will be interacting with the DRK platform primarily through the Dapps built on DRK Chain.

Draken Ecosystem Platforms Benefits:

Anonymous-On-Demand: Enter and exit the DaRK mode whenever you feel like.

Sustainable (Anti-spam, anti-slack): Miners have economic and reputation at stake to remain honest & preserve the longevity of the network.

Proof-Of-Stake: Fast, cheap, scalable, energy efficient, environmentally friendly, democratic.

Portable: Allow developers to port their smart contracts to other decentralized technologies.

Cheap: Cheaper than current decentralized alternative with much less gas consumed. Smart contracts are optimized for gas usage, balanced between anti spamming and economic feasibility.

Fast: Can have a blocktime on the order of 5 seconds and handle up to thousands of transactions per second.

Finality: Each block sealed is irreversible — no past deed can be undone.

Scalable: Fast finality matches the throughput requirements of your growing user base.

Secure: Access control firewalls your applications against malicious modules.

DRK Token Technical Information

Token name: DrakenX

Symbol: DRX

Total supply: 100,000,000,000

For more information Draken Ecosystem, here are helpful sources:

Website: https://draken.tech/

Draken Dex https://draken.exchange/

Draken Entertainment https://www.drakenx.io/play