From Bitcoin to earning Yield with tBTC and Keep Network.
nik95rnd.substack.com
When you centralize a system, the operations and functionalities of that system are dependent on the dictates of the central authority, and an irregularity with that central authority can jeopardize the function of the entire system. The traditional banking system is centralized, and the banked are left with no choice but to agree to policies set by the central authority even when it does not favor the customers. The advent of blockchain technology paved the way for decentralization to get into the financial industry, and thus produced decentralized finance (DeFi)- these are digital systems that include decentralized applications, smart contracts, digital assets, and protocols built on blockchain networks. It is a decentralized financial ecosystem to deliver financial tools and services to FinTech.
From Bitcoin to earning Yield with tBTC and Keep Network.
From Bitcoin to earning Yield with tBTC and…
From Bitcoin to earning Yield with tBTC and Keep Network.
When you centralize a system, the operations and functionalities of that system are dependent on the dictates of the central authority, and an irregularity with that central authority can jeopardize the function of the entire system. The traditional banking system is centralized, and the banked are left with no choice but to agree to policies set by the central authority even when it does not favor the customers. The advent of blockchain technology paved the way for decentralization to get into the financial industry, and thus produced decentralized finance (DeFi)- these are digital systems that include decentralized applications, smart contracts, digital assets, and protocols built on blockchain networks. It is a decentralized financial ecosystem to deliver financial tools and services to FinTech.