Avalanche

Canza Finance

Canza Finance released its synthetic currency exchange for African currencies on Avalanche in Q4 2023, since then the exchange has surpassed $1m in trading volume. The startup has now set its sights on a real-world asset (RWA) marketplace intending to democratize a heavily regulated space and create a one-stop-shop for investors to seamlessly invest in world-class real-world assets and manage their portfolio within a single interface. As a result of ingenious engineering Canza’s RWA platform brings more exposure to RWA providers who have been in their silos by opening the gate to un-authed investors - uniquely bringing Decentralized financing to a space that has taken a web2 persona.“Super Saiyan Insurance:” A Revolutionary Insurance ProtocolCanza&#39;s Decentralized Insurance Protocol, to be launched on Avalanche 9000 through the Retro 9000 program, offers a novel approach to risk mitigation for centralized exchange deposits. By creating credit default swaps (CDS), Canza provides a broader, more versatile solution for protecting funds held on centralized platforms.“Retro Innovations”Building on Avalanches’ largest network upgrade since mainnet (<a href="https://www.avax.network/blog/building-on-avalanche9000" rel="noopener noreferrer nofollow">“don’t take my word for it”</a>) has its perks and we are excited to bring our innovative products on the #RWA centric chain.Canza&#39;s decision to build on Avalanche 9000 is strategic. The upgrade offers several advantages, including:<ul><li>Enhanced scalability: Avalanche 9000&#39;s improved scalability allows for faster transaction speeds and higher throughput, making it ideal for applications like Canza&#39;s RWA marketplace and insurance protocol.</li><li>Reduced costs: The upgrade lowers the cost of deploying and maintaining applications on Avalanche, making it more economically feasible for projects like Canza.</li><li>Enhanced developer experience: Avalanche 9000 provides a suite of tools and improvements to make it easier for developers to build and deploy applications on the platform.</li></ul>By leveraging the benefits of Avalanche 9000, Canza is well-positioned to continue its growth and innovation in the DeFi and RWA markets.

Canza Finance on Avalanche9000

Canza Finance

Other articles published on Nov 17, 2024

Solana at $1 Was Yesterday: This $0.04 Token Could Surge to $100 by 2025

Bitcoin Rises Above $90,000 After Political Shift

Bitcoin Hits $100K Soon? These 5 Cryptos Could Be Your Next Big Investment

Dogecoin Price Prediction: How Many Zeros Can DOGE and Dogen Drop Before the End of 2025?

Analysis: 98% of NFTs Launched in 2024 Unprofitable, Only 0.2% Yield Gains

Is Bitcoin’s Dominance Dimming Ethereum’s Shine? Here’s What Could Revive ETH

Join our free newsletter for daily crypto updates!