> The Blockchain environment makes constant evolution necessary for the maintenance of decentralization and its philosophy based on cryptocurrency. An example of this is that for some time now, not only Bitcoin has been talked about as a virtual asset, but there are innumerable amounts of tokens launched into the crypto space for the performance of specific adaptive functions.
Current reality of the crypto space#
The issue of finance is completely reformulated at the global level, making traditional trading systems based on fiat money look for emerging ways to meet capitalization needs. The economic inflation generated in many nations by the impact of COVID-19, led many people to choose to keep their savings in BTC, as an attempt to preserve its value. Stable currencies have had a greater use, taking into account that the volatility of the market can even affect the same cryptocurrency, depending of course on the solidity and confidence that the specific Blockchain in which it has been decided to invest can generate..
The financial system is highly dependent on the Exchange. Many administrative solutions have been created on Ethereum or other platforms with a proven track record, assuming an ideology of investment in computing resources and development of applications that support the demand of users and their diverse needs.
Sometimes it all comes down to helping the customer buy and sell Bitcoin. Contributing greatly to the market but without emphasizing an overall holistic system that goes even deeper into the cryptocurrency.
Huobi grows at the rate of cryptocurrency.#
Beyond its seniority, recognition and number of daily operations performed, Huobi is recognized for its reliability and quality of care. The Huobi team emphasizes the diversification of services, proposing a breakdown of functions that make it possible to take full advantage of the Blockchain and enhance its results.
The digital economy has led to thinking about financing products that offer liquidity solutions, without putting security at risk and guaranteeing transactional speed. It has been noted that trading volume is an important indicator leading to increased handling of figures in a literal order. But it has been demonstrated that the success of a platform, specifically, will be given by the updating of the system and the development of technologies, but not, in the counting of cumulative numbers that can sometimes lead to speculation.
It offers the necessary tools for a deep and sustained user experience. It has had an impact on mining with the support of the service provider “Simplex” and the incorporation of "Crypto Savings" into its interface, as a form of support for users with little experience.
Ensuring security and sustained growth as they learn. Huobi pool, offers participation operations and PoW services in the cloud that can benefit those who provide node services, block creators and developers.
DDOS attacks continue to affect the crypto space and generate disappointment in users, who see a certain vulnerability in the blockchain related to the "Security" factor. Being able to achieve, in certain cases, the desertion or abandonment of initiatives. However, it is not a problem for Huobi Team, who have created the Star Atlas tool to prioritize the security of the environment. It is in charge of tracking illegal operations with signs of potential danger, doing a complete analysis of the block and creating reports that allow debugging in real time. Minimizing risk and avoiding capital losses.
In fact, throughout its history Huobi Exchange has not been violated in terms of security despite the increasing volume of operations carried out. In the same way, thanks to the constant investment in Backened infrastructure, the interruption of the service has been zero during the 7 years of operation. Generating confidence and recovery opportunities for the client in times of maximum volatility. "Huobi Futures" consists of a partial settlement mechanism through insurance funds that can be used at times of doubts or drastic changes in the cryptocurrency, avoiding losses and allowing a greater generation of contracts in times of stock market instability.
In this section I have wanted to touch on the subject referred to the most recent projects of Huobi, even some that are waiting for their materialization. For its part Huobi Wallet and Huobi pool are reconsidering in favor of their incorporation into Ethereum 2.0, with new mining projects and node services. Huobi Wallet, is incorporated as a pilot program to measure the participation capacity of ETH 2.0.
Huobi Institution & Huobi Brokerage#
It should be noted that the incorporation of institutional merchants who have always been excluded from banking programs represent 88% growth of Huobi compared to the last quarter of 2019. Committed to this sector, Huobi Institution and Huobi Brokerage are launched, products designed to meet the growing demand of institutional trade and provide timely responses. Mobilizing the derivatives market in terms of liquidity, interoperability, trust and compliance with legal regulations.
As is notable, Huobi is more than an Exchange and its growth during 2019 and 2020 has been unmatched. It has a significant demographic increase and an unprecedented capitalization by operating income. Positioning itself as the main platform for virtual financial services worldwide thanks to its diversification and constant evolution that always places the client in the first place. Without being summarized only to the basic exchange operations as other platforms commonly do. Huobi Exchange is committed to the massification of the service within the framework of an equitable economy and of indisputable quality.
Huobi’s Vision for Crypto in 100 Million Households**
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