The Providence of COMDEX platform
Comdex is a platform that holds a very important status in its own world but as a scheme designed to pave way for finance. The flutter of Comdex pushes SMEs and MSMEs in the industry to build that castle of believe needed to soften their access to financing. Let’s break it down to a simpler form, (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel numbers fall below certain limits. The abbreviation “SME” is used by international organizations such as the World Bank, the European Union, the United Nations and the World Trade Organization (WTO). So basically ShipFi will be the first of Comdex’s bridges between DeFi & CeFi, unclogging the inventions and barter of synthetics of illiquid trade finance debt products. So This synthetics protocol pave way for the tech.and the financial bedrock for setting standards between the terrain of DeFi & CeFi. {CeFi, short for centralized finance, offers some of the yield benefits of DeFi with some of the ease of use and security of traditional financial-services products. while, DeFi (short for decentralized finance) takes that idea the farthest}
As said earlier, Comdex stands firm as bedrock of a future where the whole lifecycle of commodity transactions can be arranged seamlessly and accessed by all. The enterprise platform will be as a tunnel for digitization of commodity trades, which can then be financed by design synthetic assets representing the debt, which are then sold to investors through ShipFi.
Moving forward, As is the case with CeFi markets, liquidity plays a crucial role in DeFi in allowing investors and users to access a range of financial products and services. Given the high importance of liquidity, Comdex utilizes intelligent and algorithmic, options-based liquidity mining incentivization. Liquidity providers on Comdex are rewarded with call options to purchase CMDX from the protocol at a discount. This process prevents liquidity locusts from draining liquidity due to shifting mining incentives while helping establish a price floor for CMDX in the market. The ability to create a synthetic representation of financial assets opens the door for application across a vast set of industries. ShipFi is one such door that makes bridges to illiquid trade finance investment vehicles. Comdex will integrate across various apps through its inherent interoperability to enable origination, liquidation, and exchange of trade finance debt, accessible to all. Such a synergistic ecosystem is achievable due to the interoperable architecture of the Cosmos SDK. The Cosmos-SDK is an open-source framework for building multi-asset public Proof-of-Stake (PoS) blockchains. , like the Cosmos Hub, as well as permissioned Proof-Of-Authority (PoA) blockchains. Blockchains built with the Cosmos SDK are generally referred to as application-specific blockchains.
In summary, As Comdex keeps expanding its abilities, strong firm will be built to include a more extensive set of financial assets to be accessed in its democratized ecosystem. Just Like ShipFi, Comdex can aid the buildup of illiquid debt assets from industries like real estate and sole affairs.. The platform will pave way for digitalization, barters, and financing of other physical and illiquid asset like the Enterprise trading platform, not only that but also continue source for more ways make the platform better for all.