Decentralized Finance | Astra Protocol | What is Astra Protocol (ASTR)
5Decentralized Finance | Astra Protocol | What is Astra Protocol (ASTR)
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Welcome to our Decentralized Finance video!
A Decentralized Compliance Layer for the Web3 Economy and Delivering The Compliant Blockchain for The Future
ABOUT
ASTRA
Astra is a decentralized compliance solution for the crypto space. With the help of Astra, protocols can comply with society's numerous regulations without giving up decentralization or putting investors at risk.
ASTRA'S
MISSION
Their mission is to equip all DeFi with a decentralized compliance layer, including KYC & AML capabilities, to act as a tool to resolve real-world compliance issues using the expertise of trusted legal firms.
Globally patented technology โ Astra has a unique solution that has been recognised worldwide to be of exceptional value and powerfully disruptive across all sectors. It is well known that a strong patent gives: exclusive rights, a strong market position, higher returns on investment, the opportunity to licence/sell our product, increased negotiating power and a positive enterprise image. As Astra Protocol is the only offering in this sector with patented technology, from the moment of ICO they stand above any competitor.
Trusted Participants โ unlike Kleros, Astra Protocol uses trusted and verified network participants as adjudicators on cases. Meaning that everyone is accountable for their actions, ensuring all votes are honest and the fairest outcome achieved. Kleros relies on random network participants that remain entirely anonymous to the system. Technology backing โ no other company has developed the technological or financial partnerships that Astra has.
Anti-collusion algorithm โ Delegates in the Astra ecosystem are selected to adjudicate on a particular case based on their expertise, trust rating and information extracted from KYC procedures. Astra Protocol ensures that there is no opportunity for communication that would compromise a case outcome. No other resolution platform can make the same claim. Trust Rating โ Delegates earn trust ratings depending on their voting behaviour.
Reliable outcome โ Many of the blockchain-based dispute resolution mechanisms that have been proposed involve jurors deciding, not based on the merits of each partyโs position but based on a prediction of how other jurors will vote, such as Kleros2.
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The information contained herein is for informational purposes only. Nothing here shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
I hope you found value in our Decentralized Finance video. Make sure to leave a like on the video if you gained value from it!
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๐ฅ ๐ฅ For โฌMore Crypto Projects Check Out Our Site: https://crypto-moon.org
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โฐ Time Stamp โฐ
0:00 Intro
0:21 What is Astra Protocol?
0:28 About Astra
0:44 Astra's Mission
1:00 The Product
1:21 Token Features
1:31 The Astra Team
1:47 The Team's Advisor
2:04 Astra Backers
2:14 Protocol Partners
2:32 Twitter Page
3:06 Outro