8x Protocol

8x Protocol

8x Protocol is a protocol that facilitates recurring crypto payments, shielding consumers or businesses from the volatility of cryptocurrencies. McKinsey estimates that the subscription economy will be worth more than $50 billion by 2020, with 80% of software products and services moving to a subscription model. Paying for subscription services in cryptocurrencies is not popular because their prices are too volatile and transactions require the use of private keys.

Nasdaq plans to launch institutional encryption custody services: Jinse Finance reported that according to The Block citing multiple sources, Nasdaq (Nasdaq) plans to launch institutional encryption custody services, and the new product is currently awaiting regulatory approval. Nasdaq will also create a new crypto division. Nasdaq's plan is to address the ensuing industry challenges by first developing an advanced custody solution and then introducing liquidity and execution services. Custody solutions will bring together all the best features of crypto wallets with the help of innovative technology. Nasdaq's plan is said to be subject to regulatory approval. [2022/9/20 7:09:14]

8x Protocol enables stable value exchange through MakerDao stable tokens, and they will authorize the protocol to make payments on their own behalf. But only certain "authorized" addresses are allowed to use the transfer proxy server to obtain tokens, and only the executor's smart contract can be authorized to use the transfer proxy. Payment execution is facilitated through a distributed network of nodes.

Meta abandoned Oculus and changed its name to Meta Quest VR to make the metaverse concept clearer: On January 30, according to Oculus official Twitter, Meta (formerly Facebook) decided to change the brand name to Oculus after acquiring the virtual display technology company Oculus For Quest VR, after the device is renamed, the business, device configuration and functions remain unchanged. Meta has been promoting its metaverse and its concept of remote work collaboration Horizon Workrooms recently. I believe that the renaming of its VR equipment is one of Meta's steps towards the metaverse. At present, Oculus official Twitter and website have changed their name to Meta Quest VR, which means that the change is the name, but the mission remains unchanged. [2022/1/30 9:22:54]

With 8x Protocol, users can earn zero-volatility digital currency and manage all subscriptions through a single interface. This is important, as many people waste money by neglecting to manage their subscriptions, centralized subscription management can prevent this. Interacting with all other smart contracts is at the core of the 8x Protocol.

SushiSwap NFT platform Shoyu will be launched next week: According to news on October 26, SushiSwap NFT platform Shoyu will be launched next week. [2021/10/26 20:57:12]

Founder Kerman Kohli started programming at the age of 12. The Homework App developed at the age of 14 achieved more than 2 million downloads and 100,000 monthly active-zce users. He won the Apple WWDC Scholarship at the age of 18 and founded 8x Protocol at the age of 20.

Tags：8x ProtocolDeFi

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