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Cryptocurrencies
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Exchanges
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Cryptocurrencies
Exchanges
Media
Burency advocates for the adoption of cryptocurrencies and blockchain, especially in the Middle East. The platform aims to address key pain points that hinder widespread adoption of the cryptocurrency and blockchain ecosystem, such as lack of liquidity and security on exchanges, unsustainable mining, and lack of understanding of commercial blockchain applications.
The platform has launched three main projects:
Secure Digital Currency Trading
Burency Exchange is a regulated trading platform that addresses issues including security, liquidity , legal currency deposits and withdrawals, and other major challenges. The exchange is one of Lloyd's of London's global insurance platforms.
Sustainable Mining Operations
Burency Mining Facility addresses some of the challenges associated with crypto mining by creating a sustainable facility powered by renewable Environmental damage and excessive mining power expenditure. Burency provides a simplified platform for generating cryptocurrencies using BUY tokens through time-sharing slots purchased within mining facilities. In addition, the BUY token can also be used to purchase computing power, and the token governs the purchase behavior of the entire Burency ecosystem.
Blockchain R&D Center
The Burency Blockchain Development Center is primarily dedicated to advising businesses on blockchain applications and helping them operate on the blockchain, To improve operational efficiency and business transaction execution efficiency. The center is particularly focused on creating smart contracts that enable businesses to transact with various entities across geographies and jurisdictions.
Burency facilitates crypto transactions by managing BUY ERC-20 tokens. ERC-20 is a technical standard for smart contracts on the Ethereum blockchain to implement tokens.
The BUY token is backed by the Ethereum blockchain and is the primary medium through which transactions operate. Users can purchase services and facilities within the Burency ecosystem through BUY tokens, including computing slots in Burency mining centers. BUY tokens are powered by smart contracts and can be used to increase transaction credibility.