DeFi BDVE in Venezuela

Every day Venezuela sinks into a hyperinflationary economy, we are going through a dollarization transition, because our currency no longer has a value even as a napkin. Among the policies we are worse off, we have two presidents and neither does anything to solve the problems of our country. Each one pulls for their convenience, more than a year ago the government created a cryptocurrency called Petro, which until now that currency has been useless for my country.

Some of the new policies that are entering now, which many say are strategies to evade the great sanctions that my country has in part of the United States.

DeFi BDVE in Venezuela

On September 29 of this year, an Official Gazette 6,578 was issued, which stipulates the launch of a decentralized stock exchange based on Ethereum, called BDVE, which has the ability to trade financial assets in a distributed way.

The main features of this platform are:

Quick registration

In just a few clicks, the user registers with SIDEME and their simple digital identity is created so that they can start operating.

Insurance

SIDEME includes individual digital identities with segregated asset vaults. The assets are never kept in custody by a third party. Four.

Transactions

The system allows the shipment of assets between digital identities, expeditiously, facilitating payments and other transfers of value.

No restrictions

The mechanics of P2P negotiation allows the entry of anyone from any country to participate in investment opportunities in the Venezuelan economy.

Bdve Pi Markets App

Edta application can be downloaded from Google Play, this so that anyone can access it from their device anywhere in the world. It connects people with the Decentralized System of Encrypted Markets (SIDEME), taking advantage of the Pi blockchain. You can also make transfers, payments and much more.

The question that every Venezuelan asks

Is this an advance for our country? Or is it just another measure of the president's policies to continue taking advantage and only pocket money, just for their convenience, up to now every implemented policy has been this way.

But each person in my country has looked for a way to get ahead, leaving the country, others sheltering their investments or money by buying BTC so that their money is not devalued, they can continue here in the country offering the service they provide is by selling food, But believing in the new policies or economic measures of the country, no one risks making that big mistake.

Venezuela will have its own Stock Exchange? Will it be a breakthrough? Well time will tell.

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