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Indonesia’s deputy trade minister supports Litedex as a bridge to prosperity

Indonesia’s deputy trade minister supports Litedex as a bridge to prosperity.

Press release

Jakarta – Facebook’s innovation in launching its Metaverse project has led technology developers to focus on this concept. The technology that represents 3D virtual reality has also encouraged crypto-asset developers to participate in the Metaverse ecosystem.

In light of this opportunity, the Litedex Protocol is poised to become a vehicle and enabler for local and global traders to capitalize on the presence of the Metaverse world. The technology popularized by Facebook CEO Mark Zuckerberg is believed to be the future of technology when it comes to interacting with others.

Andrew Suhalim, CEO of Litedex Protocol said:

“The existence of this super-reversed world will have a major impact on human interaction, especially in the context of the current pandemic, where regular meetings have evolved into online meetings with Zoom or Google Meet up. It could be that in the future, in the next 10 to 15 years or even earlier – it is only a matter of time – blockchain technology itself will become the financial basis of the conventional to the supermarket world. ”

The presence of this super upside down world opens the door for the crypto industry to make crypto assets the top choice for trading in the virtual world. Suhalim added:

“The concept of converting ordinary currencies into a currency that can be used in the Metaverse is the basic foundation of the bridge function.”

Meanwhile, Indonesia’s Deputy Trade Minister Jerry Sambuaga said:

“The metaverse concept introduced by Facebook is both a challenge and an opportunity for the community. Hopefully with the Litedex protocol it can become a bridge for Indonesians to experience firsthand what the technology of the Metaverse world is like. In addition, the projects supported by the Litedex protocol are also well suited for the rapid development of digital asset technology, so they need to be supported in the interest of the advancement of the industry. ”

With the presence of a decentralized financial platform like the Litedex protocol, cryptocurrency investors have the opportunity to approach and invest from the start, but still need to conduct a thorough analysis of the asset’s prospects.

Suhalim says:

“In response to the immense public enthusiasm for this crypto asset, the Litedex protocol will introduce various decentralized financial functions such as swaps, liquidity pools, staking, farming, lending, borrowing, NFT markets and of course bridging.”

In line with the project and concept of the Litedex protocol, the “Bridge of Exalted Wealth”, the platform created by Indonesian developers is on the way to becoming the global leader in non-financial finance hyperconcentration.

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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