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Blockchain technology

Author: Rohit Mohan
by Rohit Mohan
Posted: Sep 06, 2019

ADN is a powerful ICO security platform. ADN decided to utilize blockchain technology because of its impressive decentralization features. Each block is validated by every node that belongs to a certain network. Because of this feature, transactions are practically immutable. This solves basic trust issues within the system.

Aside from decentralization, we also use blockchain technology because it is the most explored DLT as of now. The more experts have tested it, the more it has proven to be more stable.

ADN ICO Wallet

It is in the acknowledgment of these issues that we have created ADN. We are fully aware that ICOs have been called unpleasant names by many who have become victims of fraudsters and scammers. Nevertheless, we still believe in its potential to allow every average investor to have their share in fueling projects that have good disruptive potential.

Along with many other factors, the above-mentioned frauds occurred because too many people placed too much trust in people, not in systems. As mentioned above, Thompson’s complainants were tricked because they didn’t have adequate knowledge of cryptocurrency and blockchain technology. On the other hand, Siegel was able to lure many into his scheme because many of them were blinded by staggering rewards. These fraudsters smooth-talked their way into extorting money from unsuspecting victims, inadvertently damaging the reputation of ICOs and cryptocurrencies in general.

Now that we have developed systems that offer solutions to problems which many fiat institutions and governments could not, we need to exhibit less trust in people and more trust in systems and institutions — that have proven their reputation beyond any shadow of a doubt — to ensure that we will not make the same mistakes as our predecessors.

Of course, we admit that by choosing blockchain technology, we will be giving up some features which other DLTs might offer. However, decentralization and trust are two factors that are very important to us. In fact, those are our non-negotiable priorities, the very reason why we created ADN.

We believe it is high time for centralized systems to go away — the power must return back to the common people. One popular activity that we have been impressed with is the practice of initial coin offerings (ICOs). Despite the ire that it has received from various individuals and groups, we believe that it is one of the prime examples of common people making collaborative efforts to accomplish something which they have all deemed important and profitable.

Stay tuned for more of our ADN Ecosystem series! Please make sure that you follow only our official channels as well to receive the latest developments coming from our end.

By and large, many crypto frauds occur because we do not have adequate protective systems at the moment. Crypto investors and enthusiasts can, on their end, protect themselves by cross-checking the legitimacy of any platform that offers easy commissions and rewards.

On our end, we promise to develop a system that will protect the hard-earned money of investors who will participate in ICOs held on our platform. We will remain transparent with the location of their investment through our ICO Wallet, and empower them to demand only top-quality blockchain projects from ICO companies.

About the Author

Blockchain Enthusiast with three years of experience.

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Author: Rohit Mohan

Rohit Mohan

Member since: Sep 03, 2019
Published articles: 1

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