AVA , A DECENTRALIZED FINANCE APPLICATION AND ENTERPRISE BLOCKCHAIN SPEARHEADING THE FUTURE OF INTERNET OF FINANCE

GENERAL INTRODUCTION

Blockchain technology is one among the best thing that ever happened to mankind, different innovative projects has been developed from this technology with the primary goal of simplifying the livelihood of mankind.Ever since the inception of Bitcoin the first cryptocurrency whose objective is to revolutionize the global monetary system ,thousands of alternatives cryptocurrencies has been developed to support this cause.Majority of these blockchain networks are not scalable , they have some certain limitation which can slower the rate of adoption and their general usability.Some bad actors in the industry (Hackers) are exploiting the vulnerability of these blockchain networks which has lead several top cryptocurrencies exchanges being hacked . Another major challenges in Blockchain space is scalability and network interoperability which limited communication within the network chains.Till date some Decentralized Exchanges (DEX) operate only on a single or few blockchain networks due to the barrier of network interoperability.

In this article, i will be focusing my topic of discussion on a Blockchain network named AVA which focuses towards addressing several existing challenges in blockchain industry .The team of AVA having critically examined the prevalent barriers in the global blockchain space has developed a highly scalable and interoperable decentralized enterprise blockchain network coupled with a decentralized finance application and a robust social platform for the community of the network supporters .As mentioned earlier, scalability and insecurity is one of the prevalent challenges in the blockchain space which the team of AVA has achieved .AVA has developed an highly secured and scalable blockchain network which will encourage mass adoption of AVA cryptocurrency .AVA network concepts bridges all blockchain networks together into one interoperable blockchain ecosystem.

UNDERSTANDING AVA NETWORK

AVA networks system is public and open to the global users , be it developers , businesses, organizations . Businesses can integrate AVA blockchain to achieve operational efficiency.The blockchain network allows anyone to develop their own custom blockchain and digitizing any kind of digital assets in their own ways. Developers or users can optimize AVA platform to launch own blockchain be it private or public and creating their cryptocurrency .They can as well develop their own VM and customize the usability in their own way.Users can as well build a scalable smart contracts and DApps.AVA is the native cryptocurrency of AVA Blockchain . It uses Avalanche Protocol and has huge potential of success in the blockchain space. It is the native cryptocurrency that fuel AVA network .AVA blockchain is a very robust and highly scalable public blockchain network which will enable developers to create a powerful , secure and reliable DApps , custom blockchain network with diverse set of rules. AVA also create rooms for users to build on existing Subnets, be it Private or public.Hence, enabling powerful security , efficiency and performance over some other decentralized protocols.The Blockchain Network allows users to deploy blockchain of their choice that fit their application needs , building on their own VM and allowing customization effects .Users can also launch their own digital assets, Startup who want to raise funds can use AVA blockchain, create their digital assets .In addition, Scalable DApps and smart contracts can be developed on AVA network.

AVA HUB SOCIAL MINING PLATFORM

Most people still not aware of Cryptocurrency or blockchain while some still find it extremely difficult to use these class of assets .This is one among the factors that motivated the team of AVA to establish AVA HUB , a social aspect of AVA network as a medium to share to the public about AVA Blockchain network.Since the growth of any organization economy is determined by the forces of demand and supply of their products and services. The larger the community ,the larger the growth of the platform.AVA HUB is a social mining platform designed by AVA team to facilitate the growth of its Network .As we all know the success of any blockchain network depends on its community .A network with loyal communities members who takes delight in supporting their platform, encouraging new investors ,introducing to friends , taking active participation in the programs that will promote the growth of the ecosystem and increasing public awareness. The larger the community of loyal members , the larger the growth of the network and the ecosystem economy.AVA HUB focuses on building a large community of supporters which will play a huge role in creating global awareness of AVA platform .The community members who is supportive by engaging in community development task will be rewarded by the AVA team . According to the research ,Crypto industry still lacking global awareness

Another KEY aspects of AVA Platform is AVA-X

AVA has a very brilliant team with decade of experience in blockchain industry .Several incentives are being designed for AVA network participants . AVA is developed based on the principle of equity .The platform ensures equitable distribution of wealth among all network participants. Unlike some blockchain networks who only cares about Miners, AVA Platform created several incentives program to support its network participants.Among the program includes:AVA HUB,a social mining network which i have discussed above and AVA-X which is an accelerator for global developers that specialized in building DApps like Stable-coins, Derivatives , lending and more . As an open blockchain network, developers can access AVA Labs and engage in different bounties offers such as Bug discovering program which allows developers to earn up to $50,000 worth of AVA token .AVA-X creates opportunities for developers to earn AVA native currency in rewards . Developers can submit application via the AVA Portal.

CONCLUSION

AVA is the native cryptocurrency of AVA Blockchain . It uses Avalanche Protocol and has huge potential of success in the blockchain space./AVA Blockchain is quite unique compared to the existing blockchain ecosystem .AVA has diverse features that makes it stands out among any other blockchain network and there is huge potential of success for this project. The Blockchain system has created huge opportunity for businesses who want to increase their operation efficiency.Developers who want to build the DApps and different projects can easily make use of AVA platform as it avails all features to make their operation easier .Every chain are part of a Sub-net in AVA as everything in it is a Sub-net. Dont miss out .Be part of something Huge!!

Official Resources
Website: https://www.avalabs.org/
AVA Documentation : https://docs.ava.network/
Twitter: https://twitter.com/avalabsofficial?s=20
Telegram : https://t.me/avacoin_official
Medium : https://medium.com/@avalabs
AVA Community :https://community.ava.network/

Authorship
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
Eth address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272