What is Blockchain and How Does Ovoro Bring its Safety Features to the End User?

April 11, 2023
3 min read

What is Blockchain and How Does Ovoro Bring its Safety Features to the End User?

Blockchain technology is a digital accounting book that tracks transactions and stores different data. Each record or block contains information about the previous one.

As the number of records grows, they create a chain of multiple blocks containing verifiable information. A blockchain can store all kinds of data. It is not limited to cryptocurrency transactions only.

an image of blocks linked together in a blockchain
On a blockchain system, each block contains information about the previous one.

The beginning

Blockchain is mainly associated with cryptocurrencies because it is at the heart of Bitcoin and other virtual assets. However, the system has been around for decades and has other applications.

Did you know that blockchain predates Bitcoin by 13 years?
Blockchain has been around since 1995.

As mentioned above, one of the best-known products that use decentralized blockchain is Bitcoin. The cryptocurrency was first introduced in 2009 by Satoshi Nakamoto (a nickname for a person or a group of people behind the project.)

Security and transparency

The most valued features of a blockchain are its security and transparency. The computers — or other devices with an IP address — linked to a blockchain network are called nodes. The nodes maintain copies of the digital record and monitor and validate the live activity of the system. That makes it very difficult for anybody to change or delete anything without being noticed by others since all blocks are linked, and the changes will have to be updated and verified in each block. Therefore, blockchains are trustworthy, secure, and transparent systems that are almost impossible to manipulate.

Multiple Blockchains

There are different types of blockchains, and each blockchain has its way of verifying transactions and information. Some blockchains offer additional features as well, for example, smart contracts. Apart from Bitcoin’s blockchain, there are other examples of blockchains:

  • Ethereum
  • Hyperledger
  • Polygon
  • Binance Smart Chain
  • Avalanche

How is that related to Ovoro?

Blockchains are trustworthy and allow crypto enthusiasts to invest in cryptocurrencies safely and transparently. However, trading crypto assets on any cryptocurrency exchange (blockchain) is a time-consuming task that requires previous experience and knowledge.

That is where Ovoro steps in to change the game. Not only does Ovoro eliminate the need for previous experience and knowledge, but it also makes it easy to trade several different cryptocurrencies at the same time.

Ovoro automates cryptocurrency trading using custom-made collections of preselected crypto assets that trade individually on the largest cryptocurrency exchange and blockchain ecosystem: Binance.

The process is fully automated and runs 24/7.

While Ovoro currently uses Binance because it’s the biggest crypto exchange in the world, we are not dependent on it. We could operate with any crypto exchange.

Apart from the opportunity to trade with the Bitcoin and Ethereum collections, using Ovoro’s other collections, you can invest in several crypto assets simultaneously.

For example, the Ovoro Green collection™ trades several eco-friendly crypto assets. Currently, this collection includes Algorand, Mina, Miota, and HBAR.

The Ovoro Green Collection of crypto assets includes several cryptos users can trade with simultaneously
In its multi-asset collections, Ovoro combines several cryptocurrencies making it easier to trade.

How does Ovoro manage risk and guarantee safety?

Because Binance is the world’s leading blockchain ecosystem, and Ovoro reflects Binance’s real-time trading results, Ovoro’s users are guaranteed the same level of security and safety as Binance while trading multiple crypto assets simultaneously with the Ovoro collections™ of crypto assets.

Ovoro’s unique way of minimizing risk

Risk is always there when talking about investment, and that is especially true about crypto trading.

In addition to being safe and secure, to minimize risk, Ovoro takes things further by adding another feature. We have created custom-made stop-loss points for each Ovoro collection™.

The stop-loss points act as a safety net for when things start to go down. If the asset’s value falls below the stop-loss point set by Ovoro, the trade is sold no matter what. That way, Ovoro cuts further losses and minimizes risk for its end users.

Ovoro’s custom-made stop-loss points help reduce risk for the end user
Ovoro’s custom stop-loss point help minimize risk.


Ovoro is not a blockchain, but it takes advantage of the safety features of Binance and brings them to the user. Not only is it safe and secure to trade crypto assets with Ovoro, but it’s much easier thanks to the Ovoro collections™ of crypto assets and algorithms.

Real-money investing will be possible when we complete our beta stage. Now is the best time to test Ovoro with our virtual money and see which trading opportunity best suits your needs.

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More from Ovoro

Ovoro is the future of crypto trading, our focus is to teach people to become financially literate in a fun and simplified way.

Frequently asked

How does it work?

Ovoro lets you invest virtual money into a variety of custom-made asset collections.
The performance of the Ovoro Collections reflects the real world. All the results - good or bad would have happened with real money, too.

When our beta stage is over, you will be able to invest real money. For now, you can test Ovoro and complete tasks to earn rewards.

What does it cost?

It does not cost anything! Ovoro is free to use.

What's in it for me?

You can try investing wihtout a risk of losing your money. While educating yourself you might even get rewarded.

Where do I get more information?

You can join us on Discord or contact us at