Bitchemical: A Decentralized Finance Platform for Modern Smart Contracts

Dervish Doff
5 min readSep 28, 2022

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Bitchemical: A Decentralized Finance Platform for Modern Smart Contracts

Bitchemical, Today, the financial services sector is one of the most highly regulated industries. This has created challenges for blockchain companies that are looking to leverage this technology to build decentralized applications (dApps) and new financial models. And until now, almost all dApp projects in this space have been operating under dark clouds. The Bitchemical team will be launching their project as a decentralized finance platform built on the Ethereum network, with a focus on smart contracts for new financial instruments and trustless derivatives trading. This article provides an overview of Bitchemical’s upcoming launch, its technology stack and advisors, its token economics, and its potential partnerships and competitors.

Smart contracts are self-executing digital contracts that can be activated based on predetermined triggers. They have the potential to bring a new level of transparency and efficiency to all kinds of transactions, especially in the financial world. The problem is that most smart contract systems aren’t equipped to handle real-world financial interactions. That’s why Bitchemical exists, to make decentralized finance accessible for modern smart contracts. Let’s take a closer look at what this platform has to offer investors, developers, and users.

Smart contracts have the potential to bring trust and transparency to financial agreements between individuals and businesses, but this technology has yet to be adopted widely. Many people remain wary of smart contracts because of past incidents involving digital tokens, like the notorious example of The DAO.

Fortunately, there are new projects like Bitchemical that are helping to restore trust in smart contract technology by bringing decentralization back into finance. With the rise of blockchain technology, investors can now put their money directly into a venture or project that they believe in instead of trusting intermediaries who manage funds. However, most ICOs are still managed primarily by intermediaries. Bitchemical is a platform built on the blockchain that gives users access to safer investment opportunities through decentralized finance (FinTech) smart contracts.

What is Bitchemical?

Bitchemical decentralized financial platform that helps users invest in FinTech smart contract agreements. The platform is designed to offer safety, transparency, and accessibility to a broader audience that includes both novice and experienced investors. Bitchemical is a decentralized financial platform that helps users invest in FinTech smart contract agreements. The platform is designed to offer safety, transparency, and accessibility to a broader audience that includes both novice and experienced investors. One of the challenges with blockchain technology is that it’s not easy for people to use. Most decentralized apps (dApps) are complicated tools that require users to be technically savvy and understand the underlying technology behind the app. Bitchemical is different — it’s designed from the ground up to be user-friendly and non-technical. The platform hopes to bring more people into decentralized finance by providing access to the benefits of smart contracts without requiring a high degree of technical knowledge.

Decentralized Finance for Safer Investment Opportunities

There are many advantages to decentralized finance. Most notable among these is the ability to keep financial transactions truly decentralized. While there are benefits to centralized financial institutions, such as a wider reach and greater ability to scale, decentralization is often more secure for investors. With decentralized financial tools, there are fewer intermediaries and less risk that one party will breach the terms of the agreement or try to manipulate the contract. Transacting through smart contracts also makes it easier to track the progress of a project over time since the funds will be released automatically based on established milestones.

Why does the world need Bitchemical?

One of the major advantages of decentralized finance is that it allows people to contract directly with one another. However, many existing decentralized services are limited to specific industries, like digital content creation and energy trading. Bitchemical is a decentralized financial platform that is open to every industry and every type of investment. Investors can use the platform to choose from a variety of financial agreements , including loans, futures, and options and decide how to invest their funds. The platform is designed to be accessible to both experienced and novice investors.

How does Bitchemical work?

Bitchemical is primarily designed for use with smart contracts based on Decentralized Autonomous Organizations (DAOs). These are hybrid models that use the best features of centralized and decentralized organizations. DAOs that utilize Bitchemical can be governed by a single organization or can be open to independent contributors who have the right skills to add value to the team. All contracts are recorded and stored on the blockchain, making them fully transparent and verifiable by anyone.

Key Features of the Bitchemical Platform

  • Fully Decentralized. Bitchemical is designed to be fully decentralized. The platform is operated using smart contracts that are fully autonomous and verifiable. This helps ensure that all investments are managed fairly and honestly.
  • Trusted Finances. Bitchemical helps users create trusted finance agreements that are fully compliant with government regulations. Users can create a smart contract for everything from debt financing to futures contracts.
  • Easy Investment. Bitchemical makes it easy for anyone to invest in trusted finance agreements. Users don’t need to be experts in blockchain technology or financial regulations to start investing in decentralized smart contracts.
  • Customizable Investments. Users can customize the types of financing they want to pursue. They can adjust their level of risk by choosing the percentage of collateral they want in their investment.

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Token Information

Bitchemical token: $BCHEC
BSC Contract Address: 0x97Ae1A743aed9cAE6a39E132c3bcE5874E0fE545

Token Charts & Prices

poocoin
https://poocoin.app/tokens/0x97Ae1A743aed9cAE6a39E132c3bcE5874E0fE545
coinbrain
https://coinbrain.com/coins/0x97Ae1A743aed9cAE6a39E132c3bcE5874E0fE545
charts.bogged
https://charts.bogged.finance/?token=0x97Ae1A743aed9cAE6a39E132c3bcE5874E0fE545
geckoterminal
https://geckoterminal.com/bsc/tokens/0x97Ae1A743aed9cAE6a39E132c3bcE5874E0fE545

Final Thoughts

The digital world has revolutionized many aspects of our lives, including how we conduct financial transactions. Unfortunately, fraud and other malicious activity are widespread, especially in decentralized financial environments. Bitchemical trying to change this by bringing decentralization back into finance and creating a safer, more transparent investment environment.

Social Media and Site Web Bitchemical

Web: https://bitchemicaldefi.com/
Whitepaper: https://bitchemicaldefi.com/whitepaper.pdf
App: https://app.bitchemicaldefi.com/
Cmc: https://coinmarketcap.com/currencies /bitchemical/
Bitcointalk Ann: https://bitcointalk.org/index.php?topic=5412020.msg60865125#msg60865125
Telegram:https://t.me/bitchemicaldefi
Twitter: https://twitter.com/Bitchemical
Facebook: https:// /www.facebook.com/ChemicalDefi/
Medium: https://medium.com/@BitchemicalDefi
Instagram: https http://www.instagram.com/bitchemicaldefi/

Creator Article

Bitcointalk username: Dervish doff
BitCoinTalk Profile Link :
https://bitcointalk.org/index.php?action=profile;u=1045561
Telegram Name: @dervishdoff
BEP20 — BSC Address: 0x032936ed2da0e52919fc63c4318bdb0de77c2266

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Dervish Doff

Afiliate Marketing, content creator, link building, crypto content