Octopus Protocol unleashes the massive potentials of derivatives using blockchain tech 

Blockchain technology is a ticking time bomb, not because it would be disastrous, but because it would soon create explosive innovations in various industries. 

And one of the companies that have already seen its massive potential is the Octopus Protocol. 

Octopus Protocol is a platform that uses the advanced capabilities of Blockchain technology to expand the accessibility of derivative ventures to more investors. 

Because while this kind of venture is a lucrative one, a lot of investors are shying away from derivatives because of their long and costly processes. 

Solving the problem

It requires third-party intermediaries, costly legal processes, and other resources just to establish trust between two parties. 

That is why Octopus Protocol aims to be the first platform to solve this big problem by utilizing the powers of Blockchain technology. 

Through the use of Blockchain, Octopus Protocol completely eliminates third-party intermediaries and time-consuming legalities in the process. 

By implementing a pre-programmed network of smart contracts, their platform guarantees a secured transaction and trust between two parties without having to go through the costly route. 

Just Getting Started 

Octopus’ initiative is indeed a revolutionary solution for investors, but even with this big innovation, the company is just getting started. 

Apart from its system, the platform also offers a synthetic token that allows holders to access and leverage real-world assets without going through the complicated process of actually owning them. 

This makes Octopus tokens more affordable and flexible compared to asset-backed tokens that are limited by custodial restrictions. 

And to ensure that more investors can finally dive into derivatives through its platform, Octopus also took the initiative to reduce the collateral required for derivative ventures. 

The Octopus Innovation 

This completes the loop of Octopus Protocol’s solution that would finally open the floodgates of derivatives that for so long are “locked” by unnecessary restrictions.

Through Octopus Protocol’s innovative use of Blockchain technology to unlock the massive opportunities of derivatives, the company serves as a glimpse of how this technology can change the future. 

Source: https://bitcoinerx.com/blockchain/octopus-protocol-unleashes-the-massive-potentials-of-derivatives-using-blockchain-tech/