top of page
Search

Virie and the Upgrading Financial Globalization

Recouping from the impact of the financial crisis of 2007, the global finance schema has altered significantly. Financial globalization is at its peak and upgrading itself through innovation. The current wave of financial globalization is encouraging technological integration and intervention. Markets are adopting and adapting technology and reaping its benefits. It is as if the industry has learned the lesson well and is now emerging as a more risk-free, rational and more resilient version of global financial integration. Digital platforms, blockchain, and machine learning are generating new channels and innovating financial systems. The new league of markets like Virie is enabling quicker, cost-efficient, sturdy transactions by blending financial methodologies with innovation and creativity.

Virie is igniting an old but long-forgotten idea of a ‘free’ market. A market that prioritizes consumer autonomy and privacy while also providing them with financial liberty. It aims at creating money for the users through their own active participation without any restrictions and keeps them away from the covetous economic cartel.


Virie offers globalization in its purest form

While the idea of an unrestricted and free market is quite appealing and out of the box, it is equally complex to attain. It requires both, the passion to develop such platforms and the expertise. The Virie Project is a real and practical example of a ‘decentralized’ platform in its purest form. It paves the way for healthy globalization. Not globalization in its contemporary form, wherein global corporations rid themselves of governmental restraints, but a true, free market, wherein each is free to buy and sell what he or she wants, without borders, tariffs, commissions, taxes, licenses, limitations, or any other regulation.

For instance, a curator wishes to buy some art from a local Japanese artist, but in the current scenario would have to worry about the taxes and shipping duties.


The Virie Marketplace offers him a unique platform where he can offer his price and the artist receives his value for the work without caring for unnecessary taxes and restrictions. The platform does not restrict you based on the currency you use. When on the Virie platform, you are free to choose your mode of transaction, and the currency too. Virie lets you transact in your choice of fiat or virtual currency, or even other goods or services in exchange. The Virie Market keeps the user in the spotlight and works around this principle. It incentivizes the participants to do the processing that maintains the platform. Therefore, people who use it also are responsible for its maintenance.


Apart from catalyzing globalization, this platform also offers remarkable features that make it stand out in the hustle-bustle of evolving economies.


Virie is innovative

Virie is a blend of innovation and market concepts, offering users a platform to transact freely in a secured, efficient environment, getting the maximum value on their transactions. The developers have successfully addressed the present-day nuances of markets by implementing unique protocols that ensure efficiency, safety and maximize profits for the users without prejudice.


In order to cater to rising online threats and thefts, Virie realizes the importance of providing the consumers with a pest-free platform that keeps them safe and protects their privacy and assets. For example, Virie platform uses integrated PoS and PoW protocols to negate any attacks and ensure that the users benefit through their individual impact. PoS, for instance, acts as a bank fixed deposit for the users, where they are liable to earn some minimum interest on their savings. Imagine, you not only get a platform to boost your business opportunities but also earn by just being a participant on the platform.


Likewise, Virie Project uses multi-signature protocols to ensure untraceable transactions, a feature that enhances an already efficient platform. In simple words, Virie stores your keys on multiple systems that are distributed and lets you access them later for authorization purposes. Virie’s bid to provide users a safe platform doesn’t end here though.

It also provides anonymous payment solutions, meaning an attacker would not know who you are let alone stealing your credentials and assets.


Virie is consumer-centric

At its heart, this project is truly and sincerely designed with users in mind. Right from protecting the users to offering them a class apart yet simple (wait until you see the application interface) platform to grow and build their future, Virie project keeps consumers as the top priority and realizes their importance. It addresses all major prevailing anomalies in the present-day systems and markets and offers a healthier version of the markets we have known.


A true sponsor of decentralization, the Virie Project has eliminated the role of third party agents by outcasting them completely. Virie is an intermediary free platform and saves its users from unwanted charges and intervention. However, they do realize how important it is to set up a mechanism that helps the participants in dealing during unfavorable times. Thus, the developers have mechanized a clever way to maintain a synergy of transactions and push them forward and ensure trust and loyalty. For more information, you can check out the whitepaper.


Virie is simple but futuristic

Virie’s beauty lies in the fact that it provides an unbiased platform in terms of not only how it deals with transactions and users but also how simple the overall interface is. A fully functional GUI interface that is simple, descriptive and easy to handle even for non-geeks of blockchain platforms. Virie believes in offering convenience to its users by helping them with all the technicalities of this emerging technology in a language they understand. Virie application comes with a guided instruction that is again very simple to understand and detailed. The official website lets you go through all the required information regarding the project. An open-source project that believes in maintaining transparency and aiming for a brighter and better future.


The Virie Platform is all that the future financial infrastructure needs. A blend of efficient market concepts and futuristic objectives that will soon outshine it amongst its rivals. Currently, the Virie application is ready to use and available in the testing version for download. Once the crowdfunding is complete, the application will be offered for real-time transactions.t in your choice of fiat or virtual currency, or even other goods or services in exchange. The Virie Market keeps the user in the spotlight and works around this principle. It incentivizes the participants to do the processing that maintains the platform. Therefore, people who use it also are responsible for its maintenance.


Apart from catalyzing globalization, this platform also offers remarkable features that make it standout in the hustle-bustle of evolving economies.


3 views0 comments
bottom of page