All You Need to Know about DeFi and Why It Matters
The world of traditional finance is on the brink of evolution. Long before the COVID-19 crisis took hold, global banks were scrambling to improve efficiencies and reduce costs. Most central banks have also studied the role of digital blockchain-based currency in their economies. The creation of completely decentralized and...
An Extension of the DeFi Excitement — NFT
As the crypto world fusses over Bitcoin and other cryptocurrencies, another type of digital asset has quietly been gaining traction. Non-fungible tokens or “NFTs”, have become a focus of global crypto attention over the past few months. A non-fungible token (NFT) is a type of cryptographic token that represents...
DeFi Financial Innovation Boost in 2020
In 2019, the world economy experienced its lowest growth rate since the financial crisis. In 2020, the world’s major economies will be severely hit by the epidemic, and economic uncertainty will further increase. Being one of the latest innovations that have emerged out of the blockchain-powered and decentralized economy,...