The Currency Analytics
By Ayobami Abiola
Decentralized Finance, DeFi
Banking Services back into the hands of the People
Banking the Unbanked
Will DeFi Current Bubble Burst?
Blockchain Technology is already showing banks that decentralisation could replace the centralization in banks and that the tech is serious about changing the game for many people.
Though, it has been around for quite a while now via many cryptocurrency exchanges but now through many viable projects.
The aim is to put banking services back into the hands of the people and let them have total control over their funds.
Being eligible for loans in banks requires a lot of processes and documents that shut the door of certain banking services against many.
People like Didi Taihuttu (@Diditaihuttu on twitter) and Frisco D'Aconia (@CryptoTraveler1) who are nomads have experienced what the blockchain could do in presenting financial…
Bubble Burst or not, the fact remains that the usefulness of DeFis cannot be overemphasized.