Blockchain technology has been the proof of a renowned digitalization revolution that has taken over the globe. This ushered in the era of cryptocurrency with the aim of eliminating the era of fiat currency dealings and fully embrace a secured, decentralised way of storing cash in monetary value. The Bitcoin blockchain rolled in the first stage of crypto through its POW blockchain, but today we have so many others like Ethereum that is one of the top cryptos after Bitcoin. With new technology upgrades being made on the blockchain, efforts are made to improve the usability and scalability of cryptocurrency with at the moment is rife with lots of degrading limitations. These limitations threatens to devalue the real worth of so many cryptos coupled with the fact that several if not most users have been skew about adopting the crypto blockchain.
Blockchain Value Limitations
Most of these limitations arises from the way the blockchain technology was crafted. Take the Bitcoin and Ethereum blockchain for an example, transactional verifications have been really slow. The verifications of Bitcoin and Ethereum are 7 and 13 verifications per second respectively which normally does not meet up with the average number of the centralised payment platforms. This is very bad for crypto growth.
Another problem is the issue of usability. An average individual can not adopt cryptocurrency if he does not understand the technical operations that comes with it. This ability is important because if smart phone can be able to produce phones that can easily be operable by their customers, then why can't the blockchain technology be able to do so. With a much better user interface, the real value of cryptos can easily appreciate with many more adopted users from around the globe.
Finally is the issue of cryptocurrency trading that has been a torn in the flesh of many crypto enthusiasts. At the moment, most of the trading platform is rife with illegal dealings involving scam, finding of terrorist groups, money laundering and scam. Measures towards stopping a these abuses are being scoffed at or ignored by crypto money merchants. This harms the cryptocurrency trading platform a whole lot and deters financial institutions from buying into the crypto liquid market.
In order to solve these issues and most importantly the crypto trading issues, the OODLEBIT prohect is being initiated to tackle all these trading limitations. It is said that a commodity is only as good as its value. In the same manner, the worth of cryptocurrency is a direct proportion of how it is valued. This is what the OODLEBIT platform is all about.
OODLEBIT is a US based project that is being initiated to improve the trading platform of the blockchain with aim at increasing user experience as well as creating a safe environment for peaceful and legal trading. OODLEBIT aims to create an environment where the end users need not understand the boring technical requirements of the blockchain before investing on their cryptocurrencies. The OODLEBIT platform aims to create user friendly trading DApps that can be usable on OS of computers and smart devices regardless of the type and model. They can be used on web, android, Ios and a few other GUIs.
To further enhance crypto reputation and as well invite other users to subscribe, OODLEBIT performs identity verification operations to keep its users honest and prevent abuse of the trading platform. This done through their KYC and AML registration database. This helps the platform to keep track of every transactions and prevent illegal trading by its users.
The OODLEBIT trading platform integrates with the blockchain of other cryptos like Bitcoin, litecoin, EOS and others. This makes trading easy and eliminates the over dependability on the Bitcoin blockchain as the only means of value trading on the blockchain.
Security is Key
Unlike what has been witnessed on so many other trading platforms, the security of the OODLEBIT decentralized blockchain is top notch with encrypted data of their end users stored safely on their blockchain network. These prevents attacks from hackers and unauthorized sources.
Low Transaction Costs
Paying the transaction costs with OODLEBIT platform comes at little or no cost through the issuance of the OODL tokens.
Efficient APIs
The OODLEBIT developers team makes use of integrated apps developed for different GUIs and is practically user friendly. Trading can be performed easily and readily with some few clicks of targeted menus.
Order Types are Flexible
Just like its done on fiat trading, OODLEBIT provides the users with different orders available to their own preferred discretion to maximize profit and minimize loss.
CONCLUSION
The OODLEBIT platform is a breath of fresh air after a long period of apparent oppression at the hands of greedy crypto merchants who has turned the world of blockchain trading into their own personal leeching machine. With this project realized, the future of cryptocurrency is very much secured and its value increased.
