According to the rating agency FCAS it is described that:
Crown's market dynamics are good because the support has been resisting for several months now and this has a direct impact on the health of the ecosystem and developments. In the long run, it is appreciated that Crown offers a clear vision of the product's elements, an added value that is not found everywhere. The users and markets that determine the health of the project seem to be on board and always loyal. After all, Crown's roadmap is so much about providing future business intelligence solutions to help blockchain organizations drive growth. This can have a huge impact on companies and users today.
In this circonstance the quality audit is very positive
I know their auditing methods, they are very effective.
I know their auditing methods, they are very effective.
How do they do it?
During the audit they transform the data from the chain of blocks for better analysis then normalize the chain events into a single standard model and then map the off-chain efforts to the chain results. Behavioural models reveal asset flows from users, miners in the cases involved, validators and other stakeholders to trades and portfolios. They also segment and aggregate user groups to show concentrations of activity, the level of activity of a user base over time, and user retention rates.
They go far beyond simple block browsers and query services to understand what matters most and improve the value of networks.
The other part of the audit concerns the hidden parts of the ecosystem.
Concretely they segment into 3 parts:
- Speculators / Addresses carrying out transactions with exchanges with no other use.
- Holders / Addresses that strictly accumulate crypto-money without further distribution.
- Users / Addresses that use a project for its intended purpose.
Then applying behavioral modeling to addresses and transactions on the block chain or a particular targeted token contract, they use these components to highlight good and bad examples of user behavior that can have a positive impact on price; and to isolate previously hidden trails on the ecosystem of a token or coin in this case Crown CRW.
At another stage, all audited data flows through their pipelines. Their data science transforms this data into a more thoughtful FCAS score that also provides higher fidelity data analysis. At the end of the analyzed pipeline program, you will receive a higher fidelity FCAS score and an analytical dashboard. It seems to me that FCAS scores are provided on a scale of 0 to 1,000 points with a corresponding letter grade. The breakpoints are based on the standard deviations in the distributions of the underlying components.
The numerical score is derived from a combination of classical statistics with Bayesian approaches to provide a simple score for each metric. The scores are only intended to be statements of opinion on the relative health of applicable cryptography projects based on the available data.
I m reading here is very interesting. Do you really think that NFT or Tokenization will revolutionize the industry? If so, can you convince me?
In recent years, blockchain technology has attracted the interest of many companies from a wide variety of sectors.
A recent report by Deloitte reveals that out of more than 1,000 large companies surveyed in seven countries, nearly eighty were in favour.
The majority of them consider this technology to be very important for their organisation and 40% rank it among their five strategic priorities.
Deloitte financial financial audit reportAll of the players surveyed even plan to allocate a specific budget for the blockchain, and for 70% of them this will be more than $10 million. Why this craze? Quite simply
because they see new opportunities to create value.
I m reading here is very interesting. Do you really think that NFT or Tokenization will revolutionize the industry? If so, can you convince me?
CROWN's exploration of blockchain technology is focused on its private and public implementations and is developing NFT tokenization, an unprecedented opportunity for the company.
A token is a numerical representation of an underlying asset. It can be an intangible asset (a right, financial instrument, other crypto-active) or a physical asset (a property, a work of art). In the context of the blockchain, the tokens are governed by the protocol itself, or by "smart contracts" deployed by their owner, who is thus the issuer of the tokens. Issuing tokens on a blockchain, known as "tokenization" of assets, opens up many opportunities for companies.
From a technological point of view, tokens can be used for data and/or value transfers. Their use could reduce transaction costs and also shorten the time usually needed to complete the transaction. These are two significant benefits.
Take the example of a supply chain. De facto, it generates a whole arsenal of complex contracts between suppliers, manufacturers, retailers, etc., and the supply chain is a complex and complex process. When all the terms of a contract are not respected by one of the parties involved, a lengthy bureaucratic process is often required to resolve the dispute and possibly demand financial compensation.
With a "smart contract", the automatic transfer of value takes place if and only if all the conditions of the contract are met. In this way, each partner can avoid cumbersome and costly procedures in the event of a breach of their respective obligations.
CROWN can also strengthen financial inclusion.
Another opportunity arising from tokenization is to make the current financial ecosystem more accessible. We know, for example, that even today, in the Middle East and North Africa, 52% of men and only 35% of women have a bank account, and I am not even talking about certain South American states that need one. In the Philippines, rural banks are not connected to any electronic banking services, and they do not provide access to national and international money transfer networks.
However, a "stable corner", i.e. a so-called stable crypto-active, because immune to the volatility of its price and offering at all times parity with a legal short currency, could make it possible to develop an open and easily accessible payment network - thanks to a simple mobile phone - even in regions where banking and payment institutions are malfunctioning. Stable corners could also be used for interbank remittances by consolidating the execution of transactions on a single platform.
CROWN's deployed technology can make illiquid assets liquid because tokens can also be used to represent all or a fraction of a real-world entity (gold, oil, real estate, etc.).
Indeed, tokenization allows to split traditionally illiquid assets into smaller and thus more liquid components, a valuable asset to boost the exchange of these assets. Some companies are also embarking on this adventure, for example IoT-IT and its sale of a tokenised house on the Crown network.
Thus, by allowing the splitting of assets, tokenization could reinvigorate trade while reducing illiquidity premiums.
There is also a new model of crowdfunding that can be applied via Crown since a token can also be used to represent rights to a future good or service. This is called a utility token. Issuing such tokens, called Initial Coin Offerings (ICO), makes it possible to raise funds in an unprecedented way, while attracting the support of a user base even before the launch of a product or service. While investment in start-ups or development stage companies has traditionally been reserved for business angels or venture capitalists, tokenization on public blockbusters creates a new investment model based on the principle of equity financing, as it is open to any type of investor.
+1
In practice the combination of tokenization and the use of public block chains is the next step that companies must take in order to benefit from all the promises of this technological innovation. While the adoption by companies of a "permitted" private blockchain is a tangible sign of the interest of this technology, they should not miss the opportunities offered by the tokenisation of assets on the public blockchain.
While a Crown private chain can potentially improve the efficiency of business processes, the Crown public chain has clear comparative advantages and is creating innovative business models every day that can unlock untapped value within companies. The next challenge is for companies to take the plunge and consider tokenizing assets on the public network to match the revolution that the public blockchain has set in motion.
Indeed, so now i understand that CROWN opens the perspectives directly on the web 3.0. Thank you very much for your clarification. Now i m enlightened
You're welcome, web 3.0 is a direct inclusion into the future I'll be happy to write you how CROWN can have a major role, I'll tell you all this when I come back later.
well i would be more than honored! thank you again for your precious feedback
Hey, it's a good thing I subscribed to page alerts! So we can now for example transpose any good to the blockchain as a fungible and non fungible utility !? The markets are huge !! it's a very good breakthrough for CRoWN and NFT