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Blockchain technology and Bitcoin were made popular in 2008 when Satoshi Nakamoto authored and released the Whitepaper that would go on to change the way the world sees its finances. The goal was to create an alternative means of carrying out financial transactions but it…
Decentralised Finance has seen a lot of progress in the last year. The industry has offered a way for people to carry out transactions and exchange values without the need to report to or be monitored by a central body. In other words, a lot…
Right before us, the DeFi ecosystem has had impressive growth, and to know how huge this growth has been, one only has to cast sights at how impressively the total value locked (TVL) in DeFi has grown in the past year. As of February 2020,…
Just like in the real world where governance is an extension of democracy and democracy being a system or practice where citizens of a country are able to have a say on how their country is being run, the same thing goes for the blockchain…
Fairly nascent yet evolutionary, DeFi is the bedrock of digital collateral. The far-reaching implications of Defi have opened numerous pathways to sustainable development and profuse capital investment. The DeFi industry is poised to disrupt every nook and cranny of the traditional mechanism we call banks….
Note: Figures are subject to swift changes concerning the inherent volatility of digital assets Fairly nascent, and competitive enough to challenge and disrupt the centralized finance, Defi is your next-gen money market minus the hassles of banking. With ~8 bn USD worth of digital assets…
Continuous printing of paper money by the government is making it lose its intrinsic value. DeFi is changing that with ample protocols, through insurance, liquidity mining, staking, borrowing, lending and much more. Paper money needs stringent laws and a singular monitoring body to verify transactions…