DeFi In Action.
Show me a fast rising innovation in the world right now and I will show you Decentralised Finance and how fast it is rising in the world economy currently.
Decentralised finance has proved to be useful and of great importance in the economy and has been building a good credibility and trust over the years.
Source
Decentralised finance is beginning to get the recognition it deserves as there are now many benefits to the system.
Some of the benefit include
Important and easy transactions.
We all using decentralised finance can testify to how easy and fast transactions are made, a very good example is where we are "Hive".
It's now a good sign that many organisations and companies are beginning to understand the limitless opportunities in Decentralised finance and are beginning to partake in it giving more visibility to others. Now houses can be bought , cars, jewelries and others can be sold with just sending funds through a fast and reliable blockchain or platform.
Decentralisation since it has been brought into limelight has done nothing than to improve the lives of people. The impact of decentralised finance in the economy now cannot be overemphasised and it has been to better lives, the update and upgrade in the future will also aim to better lives .
Many countries who have banned crypto or anything decentralised crypto are now lifting their bans and loosening their law about it as they are beginning to realise that it has limitless opportunity. An opportunity or time wasted cannot be regained , without joining the wave now it might be too late later.
Decentralised finance offering many diverse opportunities will help to save funds or money instead of the high charge rate by banks and other government agencies.
Decentralisation has been unstable for a long time and finding its foot has been challenging. But I believe it's not in its full potential yet, so it would be a wise idea to choose now instead of regretting later.
A word is enough for the wise.
I hope you have a wonderful week y'all.