DeFi’s Amazing Market Growth
The economic value present in DeFi platforms has almost tripled since the beginning of the year, reaching 42 billion dollars. Currently it’s around 36 billion, following the downsizing of the market on February 23rd. The Index DeFi Pulse , which tracks ten of the largest tokens by market capitalization, has risen more than 260% year […]
Decrypting Crypto: Q&A with Julio Ferrón
Monetum had a chance to speak to Julio Ferrón de Jesús, a Senior Consultant, Financial Services – Financial Crime at KPMG Spain. His line of work focuses on driving opportunities within the crypto sector and also acts as a coordinator for KPMG’s European Virtual Assets Group in the area of FinCrime. It was in 2015 […]
Using Cryptocurrencies For International Transfers
Cryptocurrencies Have No Borders Bitcoin was invented to be P2P digital cash that can be transferred over the internet. Subsequently, many other cryptocurrencies have been created, starting from some fixed points taken from Bitcoin and differentiating in other characteristics. One of the founding characteristics is that cryptocurrencies have no geographical and political boundaries. Just as […]
Decrypting Crypto: Q&A with Marco Lavanna
If you’re like most people, chances are when you hear the word “Bitcoin or Cryptocurrency”, you would shrug your shoulders and say “your guess is as good as mine.” But as with much of the finance world — which deliberately uses confusing and complicated language — you feel lost and skeptical. Marco Lavanna, Founder and […]
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. […]
5 Advantages that Cryptocurrency Can Have for Your Business
Cryptocurrencies are a great opportunity for all businesses, mainly for the following reasons: costs, borderless payments, marketing action, innovation at minimal costs, and reduction of payment fraud. 1. Costs Opening a cryptocurrency account has zero costs. Transactions have a zero cost in receiving and a minimum cost in sending. Businesses have no fixed costs to […]