CEX and DEX: Why are CEX even better
Starting in the summer of 2020, the Ethereum network has been overloaded with heavy use of DeFi smart contracts that allow users to transact directly with each other, without relying on centralized exchanges (CEX). One of the most common cases is that of an exchange between ERC-20 tokens using decentralized exchanges (DEX), an idea that […]
DEFI : For The Better Global Financial System
Decentralized Finance (DeFi) is an ecosystem of Decentralized financial applications that are backed by Crypto payments. Generally, it is built on Smart Contract- Blockchain Technology, which means that people can execute financial activities without passing through an intermediary, using open blockchain networks. DeFi has the potential to replace every existing financial service such as lending […]
Cryptocurrency: What’s in it for Consumers? Here Are 7 Benefits
Cryptocurrency is a form of digital money with no physical coins or bills: it’s all online recorded on a public digital ledger. You can transfer cryptocurrency to someone without the need for an intermediary, as is required in the case of the dollar or euro with the presence of a bank or other payment institution. […]