One of the most compelling promises of Web3 has been its ability to facilitate technological development and financial freedom independent of traditional bureaucracy and digital architecture. With blockchain powering a wave of decentralized finance (DeFi) innovations, the world has been hungry for fintech breakthroughs that allow for true freedom for developers, investors, and users alike.
The next stage in Web3 and DeFi may have just been reached thanks to Polygant. According to an announcement by the Dubai-based fintech, its new open-source cryptocurrency exchange, OpenCEX, offers businesses around the world the ability to participate in the global crypto market for free. Needless to say, if OpenCEX is able to deliver on its promise of unrestricted access that maintains the same security and convenience as its competitors, there will be a significant restructuring of the crypto landscape.
“Reliability of systems and technical expertise are important when it comes to deploying crypto exchanges at full scale with millions of users and transactions,” said Polygant’s Chief Executive Officer, Stan Chernukhin. “Our crypto exchange application is modular in architecture, which enables us to create new processes and interactions quickly and efficiently and customize them for our clients.”