DeFi is the new buzzword in the Blockchain space and it is basically a conventional financial tool that is built on the blockchain. It offers an alternative to the existing global financial system. DEcentralized FInance system can be applied on top of a public Blockchain network, such as Bitcoin or mostly Ethereum. They are mostly dependant on open-source protocols or modular frameworks for creating and issuing digital assets and are designed to confer notable advantages of operating on a public blockchain like censorship-resistance and improved access to financial services. In other words, the underlying idea of DeFi is to develop and operate financial decentralized applications (DApps) on top of Blockchain networks.
For example: A DeFi service provider platform can basically combine through the use of asset-backed stablecoins cross-border payments, tokenized debt via on-chain lending and borrowing, smart contract-based asset management funds, credit data, digital asset exchange, buy/sell of other investment products including insurance, funds, ETFs, and stocks, all on top of Blockchain infrastructure. Be aware, some platforms lack proper audits and adoption. Hence, if you think of using or investing in such projects get advise first. Moonwhale advises, consults and educates.
Looking for Enterprise Consulting in Blockchain Technology?
With LTO Network, Moonwhale Ventures provides full services to identify and implement Distributed Ledger Technology solutions in Value Chains of SMEs and Corporations. We also provide STO solutions, helping businesses with our STO Financing service or tokenizing real estate. Based in the USA and Singapore, Moonwhale will assist you in One-Stop-Shop solution for your security token offering:
- Token Economics
- Token Creation & Issuances
- Marketing Materials
- Private Sale Fund Raising
- Public Sale Fundraising
- Secondary Market Trading
Please feel free to contact us. Moonwhale is also happy to announce a collaboration with LTO Network. For more information on STO, here are our articles entitled: What Are Security Token Offerings? or Tokenizing Commercial Real Estate.
About The Author:
Danny Christ is the CEO & Co-Founder of Moonwhale Blockchain Ventures Inc.
Based in Kuala Lumpur, Danny has over 20 years of IT, Operations and Supply Chain experience across Germany (home), US, Singapore, Indonesia, Thailand, Malaysia, Vietnam, and the Philippines. He managed IT projects (ERP, CRM, POS, BI) and regional expansion (franchise, M&A) for various SMEs in the Consumer Industry. His career rose to Vice President of a 3500 employees organization.
Want to explore STO Solutions or Blockchain Consulting for your business? Contact us to schedule a free 20 min consultation: https://calendly.com/moonwhalebv/20min