Veritas Farms Inc (VFRM)

[everex]

Transparency prevents corruption

Public blockchain networks, and tools such as Ethplorer, enable users to monitor transactions. Using auditing tools, anyone can determine the cost of their transaction, the fees they have been charged, the location of their funds, and more.

By ensuring the community monitors and is monitored to prevent malicious activity, Everex avoids the trap that some traditional lending and savings institutions fall into.

While some parties argue the immutability of smart contracts that can be edited, there are also options to format smart contracts to prevent tampering. Everex has chosen to use the ERC-20 standard because it enables them to develop an immutable cryptocurrency on top of the Ethereum Network.

https://goo.gl/co9t33