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The world continues moving rapidly towards "cashless" societies, shunning physical currency in exchange for an electronic financial system that can literally be turned on and off by [...]
Share: A lot has changed in the world of finance in recent years. The traditional bank loan has become harder to attain and start-up businesses have begun to look for alternative methods of raising funds. The emergence of cryptocurrencies has brought new avenues to those looking for funding, and the new word on the block is DeFi - decentralized finance. What's it all about, and why do you need to know about it? Let's start by explaining what DeFi is and we'll talk about its potential. What is DeFi Lending In a nutshell, decentralized finance is about transacting finance in trustless and tra...