Potential Alternative Asset Classes in a Decentralized Environment

1. Potential Alternative Asset Classes in a Decentralized Environment (Phoenix Oracle Use Cases for Defi) phoenix.global

2. One primary component of Phoenix Global is the Phoenix Oracle, which integrates real-world asset prices into the blockchain. It is geared for the enterprise while keeping the consumer in mind. Oracles are a vital part of the Phoenix Global Node Ecosystem as they allow external data from other ecosystems to be fed to internal enterprise applications and decentralized finance (DeFi) platforms. https://phoenix.global https://phoenixglobal.medium.com/announcing-the-new-phoenix-global-node-ecosystem-49d310182650 https://phoenixglobal.medium.com/announcing-the-new-phoenix-global-node-ecosystem-49d310182650 A DeFi platform such as Horizon Protocol uses the Phoenix Oracle in much the same way that Aave or Compound connect to decentralized oracles to fetch external data on coin prices and other essential metrics to use in conjunction with their respective smart contracts. https://horizonprotocol.com/ phoenix.global

3. How does Phoenix Global expand mainstream DeFi? Phoenix Global node operators form a network to provide data for decentralized oracles. These node operators are essentially the top stakers in the system and must stake a minimum of 1 million PBH (Platinum tier) to qualify. Higher staking rewards are offered in Zirconium (5m) and Diamond (10m) tiers, at around 31% and 35% respectively. These large nodes or stakers provide the large amount of PHB tokens needed as collateral for the Phoenix Defi Oracle to provide correct data and maintain uptime. Higher staking rewards are offered in Zirconium (5m) and Diamond (10m) tiers, at around 31% and 35% respectively. These large nodes or stakers provide the large amount of PHB tokens needed as collateral for the Phoenix Defi Oracle to provide correct data and maintain uptime. phoenix.global

4. An example is Horizon Protocol, which facilitates on-chain trading of synthetic assets that are represented in the real world economy. Horizon Protocol benefits from having data feeds from established oracles Chainlink and Band Protocol, as well as proprietary data feeds from the Phoenix Oracle. https://horizonprotocol.com/ The Phoenix Oracle utilizes the Phoenix Chain to focus strictly on traditional real-world assets, informing the Horizon Protocol platform with price feeds for stocks, market indices, real estate (REITS) and art. The PHB token reinforces nodes and validates price feeds for the Phoenix Oracle and synthetic assets. phoenix.global

5. How does Phoenix Global improve scalability with multi-layered smart contracts? Phoenix Global’s multi-layered smart contracts helps to increase scalability and flexibility when it comes to dApps and smart contract deployment. Phoenix Global aims to optimize scalability by separating enterprise-level workstreams from the main network. A user can scale their app’s ecosystems in multiple sidechains. PHB also employs sidechains, an exciting innovation to overpower the shortcomings of blockchain (namely scalability and flexibility). Sidechains permit interactions between other digital currencies, tokens and resources to be used in conjunction with other blockchains, where they can be relayed back and forth if needed. phoenix.global

6. Phoenix Global focuses on expandable data privacy, allowing organizations to create customized public or private blockchains. Innovating with the consumer in mind, their full stack of decentralized services are efficient for their customers and help to solve some of the issue’s of blockchain scalability. phoenix.global

7. Efficacy and Merits of Phoenix Global Privacy and Personalised Customisation Decentralization Flexibility of scale Phoenix Global allows the mainchain to authenticate sidechains without knowing the sidechain's entire premise. Utility above appearance is prioritized. This design allows any rule system to be implemented as a sidechain, whether for a blockchain or other computer systems. Phoenix Global's sidechain design is decentralized in all its aspects, which offers network resilience and reliability. It presents a set of tools to construct auditable and secure blockchain applications, which is a precondition for many real-world applications. It is backed by PHB and is guaranteed by the industry's largest node network. The platform has tremendous scalability, application design freedom, and customization. Any component can be modified over time, but only if the interfaces are compliant with industry standards. phoenix.global

8. About Phoenix Global Phoenix Global is an enterprise blockchain built to enable scalable consumer apps. Enterprises can rapidly develop and scale consumer dApps to fit in with their existing customer experience. The company is a merger of two existing, established companies- Red Pulse, a leader in financial data services and Apex Network, a leader in big data and intelligence. Phoenix Global’s partners include Binance, Neo, Tencent Cloud and Genesis, among others. Its pilot program debuted with large corporations including Spring Airlines, and the Shanghai Big Data Exchange. phoenix.global

9. Conclusion Phoenix Global has extended its network from cryptocurrency to a privacy-preservingecosystem that scales for commercial applications. The system is entirely decentralized, so it does not rely on ubiquitously trusted parties. https://phoenix.global/ In conclusion, it eliminates the significant issues in deploying blockchain technology to real-world use cases. phoenix.global

10. BLOCKCHAIN POWERING THE NEXT GENERATION OF CONSUMER APPLICATIONS More Private.More Interactive.More Connected. twitter.com/Phoenix_Chain phoenix.global t.me/APEXcommunity github.com/phoenixglobal phoenixglobal.medium.com www.reddit.com/r/PhoenixGlobal