Getting Drawn Into DeFi? Here Are 3 Major Considerations
September 30, 2020 8 min read Opinions expressed by Entrepreneur contributors are their own. If you’ve had even half an eye on the cryptocurrency space in 2020, then you can’t have missed the surge of news stories and emerging projects around DeFi. Short for decentralized finance, the proponents of this segment hail it as a revolutionary new financial system in which anyone can become a borrower, lender, speculator or investor using decentralized smart contract protocols. It’s certainly true that there are no barriers to entry. Unlike a traditional financial setup where users would have to overcome several KYC barriers to … Continue reading Getting Drawn Into DeFi? Here Are 3 Major Considerations
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