Theoz Tech Decentralized Finance Smart Contract Platform Expand the Web3 Ecosystem.
Mar 3, 2022
Abbeywood, London Mar 3, 2022 (Issuewire.com) - The theoz tech development team announce, that Theoz decentralized finance smart contract platform start expending its web3 ecosystem platform launch in 2022 and distribute 70% of its native THEOZ token supply to an array of worldwide community participants.
Theoz also announced the release of Theoz decentralized smart contract network platform, and Theoz token accelerate the expansion of smart contracts across a multitude of decentralized finance sectors, including nonfungible tokens (NFTs).
Theoz utilizes the Binance smart chain network's architecture, which is most notably the directed acyclic graph structure, to operate adjacently as an interoperable, self-sovereign bridge that reaps the benefits of scalability and robust security, to its worldwide community.
Theoz Decentralized smart contract application, is based on the Dapp platform & theoz development team creating the ability to grow its smart contract chains and set individual parameters for low-cost execution fees on each transaction, theoz smart contract platform also set a function that also enables decentralised finance platform service providers to issue on-chain stable coin assets to incentivize validators & help them to earn passive income on each transaction.
Alongside theoz, the platform is fully compatible with the Binance Virtual Machine (BVM), as well as supporting smart contract languages Solidity, Rust, Go, and TypeScript, with more expected to be added soon. In conversation with worldwide community zoom webinars co-founder and chairman of the Theos limited, revealed how Theoz smart contract platform aligns with the upcoming overarching vision to create a decentralized ecosystem, as well as how the project's infrastructure could provide a perfect environment for to generate more profit:
As per the current stage of development, Theoz is fully configurable and can bridge across any smart contract chain running whatever type and flavour its builder desires. Every network built using the protocol will benefit from the shared security, interoperability, and Theoz token infrastructure provided by its utility platforms.
Theoz Foundation to launch staging network and reward token
The Theoz Foundation launched beta smart contracts with BVM functionality to expand scalability, interoperability and drastically reduce transactional fees on the network.
And Theoz token's distribution model allocates 40% of THOEZ assets to its worldwide community & rest will share with decentralized autonomous organization, 20% granted to theoz token stakers (as rewards distributed over the coming two years), a further 10% to early participants and ecosystem developers, leaving the final 20% to the Theoz tech Foundation.
By adopting this community-centric governance model, Assembly is seeking to foster an environment for creators, developers, and community advocates that facilitates the expansion of the Theoz ecosystem into a panoply of Web3 sectors, including the Metaverse in near future.
What Is Theoz Decentralized Finance Smart contract platform?
Theoz Decentralized finance smart contract platform often called DeFi and refers to the shift from traditional, centralized financial systems to peer-to-peer finance enabled by decentralized technologies built on the Binance blockchain. From lending and borrowing platforms to stable coins and tokenized BTC, the theoz smart contract platform ecosystem has launched an expansive network of integrated protocols and financial instruments. Now with over $13 billion worth of value locked in Binance smart contracts, decentralized finance has emerged as the most active sector in the blockchain space, with a wide range of use cases for individuals, developers, and institutions.
Whereas theoz traditional financial system runs on centralized infrastructure that is managed by central authorities, institutions, and intermediaries, decentralized finance smart contract platform is powered by code that is running on the decentralized infrastructure of the Binance blockchain. By deploying immutable smart contracts on Binance theoz financial protocols and platforms run exactly as programmed and that are available to anyone with an Internet connection.
The breakthrough of theoz smart contract platform is based on crypto assets can now be used in ways not possible with fiat or "real world" assets. Decentralized exchanges, synthetic assets, and flash loans are completely novel applications that can only exist on blockchains. This paradigm shift in financial infrastructure presents several advantages with regard to risk, trust, and opportunity.
What Are the Benefits of Theoz Decentralized Finance Smart Contract Platform?
Theoz decentralized finance smart contract platform leverages key principles of the Binance blockchain to increase financial security and transparency, unlock liquidity and growth opportunities, and support an integrated and standardized economic system.
- Programmability. Highly programmable smart contracts automate execution and enable the creation of new financial instruments and digital assets.
- Immutability. Tamper-proof data coordination across a blockchain's decentralized architecture increases security and auditability.
- Interoperability. Binance's composable software stack ensures that DeFi smart contract protocols and applications are built to integrate and complement one another. With DeFi smart contract, developers and product teams have the flexibility to build on top of existing protocols, customize interfaces, and integrate third-party applications. For this reason, people often call DeFi protocols "money theoz."
- Transparency. On the public Binance blockchain, every transaction is broadcast to and verified by other users on the network (note: Binance addresses are encrypted keys that are pseudo-anonymous). This level of transparency around transaction data not only allows for rich data analysis but also ensures that network activity is available to any user. Binance and the DeFi protocols running on it are also built with open-source code that is available for anyone to view, audit, and build upon.
- Permissionless. Unlike traditional finance, DeFi is defined by its open, permissionless access: anyone with a crypto wallet and an Internet connection, regardless of their geography and often without any minimum amount of funds required, can access DeFi applications built on Binance.
- Self-Custody. By using Web3 wallets like Meta Mask to interact with permissionless financial applications and protocols, DeFi market participants always keep custody of their assets and control of their personal data.
What Are the Use Cases for Theoz Smart contract Platform?
From DAOs to synthetic assets, theoz smart contract protocols have unlocked a world of new economic activity and opportunity for users across the globe. The comprehensive list of use cases below is proof that DeFi is much more than an emerging ecosystem of projects. Rather, it's a wholesale and integrated effort to build a parallel financial system on BNB that rivals centralized services because it is profoundly more accessible, resilient, and transparent.
Theoz Asset management
With theoz protocols, you are the custodian of your own crypto funds. Crypto wallets like MetaMask, help you easily and securely interact with decentralized applications to do everything from buying, selling, and transferring crypto to earning interest on your digital assets. In the DeFi space, you own your data: MetaMask, for example, stores your seed phrase, passwords, and private keys in an encrypted format locally on your device so that only you have access to your accounts and data.
Theoz Compliance and KYT
In traditional finance, compliance around anti-money laundering (AML) and countering-the-financing-of-terrorism (CFT) relies on known-your-customer (KYC) guidelines. In the DeFi space, Binance's decentralized infrastructure enables next-generation compliance analysis around the behaviour of participating addresses rather than participant identity. This know-your-transaction (KYT) mechanisms help assess risk in real-time and protect against fraud and financial crimes.
Thoez Data and analytics
Because of their unprecedented transparency around transaction data and network activity, Theoz smart contract platform protocols offer unique advantages for data discovery, analysis, and decision-making around financial opportunities and risk management. The explosive growth of new DeFi applications has spurred the development of numerous tools and dashboards, that help users track the value locked in DeFi protocols, assess platform risk, and compare yield and liquidity.
Theoz Future Roadmap
Theoz DEX Platform
Theoz development team will launch a unique Decentralized exchanges (DEXs) platform which will help the worldwide community with cryptocurrency exchanges that operate without a central authority, It also allows the thoez community to transact peer-to-peer and maintain control of their funds. Thoez DEXs reduce the risk of price manipulation, as well as hacking and theft because crypto assets are never in the custody of the exchange itself.
Theoz DEXs also give Theoz token platform access to liquidity that often rivals centralized exchanges and without any listing fees. Just a few years ago, projects would pay millions of dollars to get a token listed on a centralized exchange.
Some exchanges implement degrees of decentralization, in which centralized servers might host order books and other features but do not hold users' private keys.
Theoz Metaverse Gaming platform
Theoz development team working on its thoez metaverse gaming platform composability with DeFi to unlock opportunities for product developers to build DeFi protocols directly into platforms across a variety of verticals. Binance-based games have become a popular use case for decentralized finance because of their built-in economies and innovative incentive models. for example, is a no-loss audited savings lottery that enables users to purchase digital tickets by depositing the DAI stable coin, which is then pooled together and lent to the Compound money market protocol to earn interest.
Theoz gaming platform is a no-loss, audited savings game powered by Binance smart contract-based.
Theoz As an Identity
Theoz Decentralized finance smart contract protocols paired with blockchain-based identity systems are an opportunity to help previously locked-out users access a truly global economic system. DeFi solutions can reduce the collateralization requirements for people who do not have extra funds and help assess users' creditworthiness via attributes around reputation and financial activity, instead of traditional data points such as homeownership and income. The DeFi space prizes data privacy around personal identifying information, as well as open access. Anyone with an Internet connection can access DeFi applications while maintaining control of their data and assets.
Theoz Marketplaces
Theoz DeFi smart contract protocols are supporting an array of online marketplaces that allow users to exchange products and services globally and peer-to-peer--everything from freelance coding gigs to digital collectibles to real-world jewellery and apparel.
Theoz Payments Solution
Peer-to-peer payment is arguably the foundational use case of the DeFi space and of the blockchain ecosystem at large. Blockchain technology is architected so that users can exchange cryptocurrency securely and directly with one another, without middlemen. DeFi payment solutions are creating a more open economic system for underbanked and unbanked populations and helping large financial institutions streamline market infrastructure and better serve wholesale and retail customers.
Theoz Tokenization
Theoz Tokenization is one of the cornerstones of decentralized finance and the native functionality of the Binance smart contract blockchain. Theoz Tokens not only fuel the network but also unlock a variety of economic possibilities. Simply speaking, a token is a digital asset that is created, issued, and managed on a blockchain. Tokens are designed to be secure and instantly transferable, and they can be programmed with a range of built-in functionalities. From real estate security tokens that represent fractionalized properties to platform-specific tokens that incentivize the use of a particular application, Binance smart contract-based tokens have emerged as a secure and digital alternative for users across the world to access, trade, and store value.
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Source :Theoz Tech
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