Hello and welcome to this blog post about OAX White Paper. I am very excited to know that you are interested in this amazing technology, you will be going to amazed by the incredible potential of the blockchain.
There is a lot to learn about this futuristic tech, lets get started to dive into the OAX white paper and start to leverage it to build a more secure and trusted ecosystem for Industry 4.0 applications.
The aim of this blog post is to help you quickly understand about the philosophy behind the OAX.
I can ensue you that, you will be able to understand every bits and pieces related to OAX after going through the OAX white paper.
Without wasting any further time lets get started to dive right in and lets understand white paper first.
What is white paper?
A white paper is an informational, influential, well-structured document, usually published by an organization, to provide in-depth information about a specific solution.
A white paper is used to provide a good insight into the challenges for a specific problem and a proposed solution for the same.
OAX White Paper
OAX white paper will be going to provide you, all the information that is needed to get started with OAX, including the inspiration for creating, the problem it is trying to solve and the solution proposed by OAX.
As the space evolves and the market matures to offer comparable options to those looking for alternatives from traditional financial ecosystems, the need to develop the technology and address the limitations of this new industry is imperative to its success.
Such was the need to address the four main shortcomings identified by the Foundation: speed, scalability, interoperability and trust. From decentralized or centralized exchanges, to the days of ICOs and STOs and the budding seeds of DeFi, the exploration of these technologies require pioneers within the space to work together to address these challenges. OAX Foundation strives to provide support within this space, through tools, technology, applications and community support.
White Paper Link: OAX White Paper
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