
Why Web 3.0 Decentralized Financial Products have Become a Rage
Web 3.0 is a hypothetical future internet version built on public blockchains, a record-keeping technology best known for facilitating cryptocurrency transactions. Web 3.0 is appealing because it is decentralized, which means that instead of customers accessing the internet through services mediated by firms like Google, Apple, or Facebook, individuals own and regulate areas of the internet themselves. Web 3.0 does not require “permission,” which implies that central authorities do not have the authority to select who has access to what services, nor does it require....
Related News
Decentralized Finance, DeFi in short, is a rage these days as one of the most versatile applications of cryptocurrency’s underlying blockchain technology. Poised to become an alternative to the traditional financial system, it is capable of providing even the unbanked with access to financial services at a low cost, while simultaneously presenting attractive investment opportunities […]
EQIFI has recently announced that it will be releasing its native token, EQX, along with other DeFi products. EQIFI plans to democratize financial products and make them available to everyone instead of just a select group of investors. The product offerings of EQIFI will help to provide a decentralized finance alternative to traditional financial processes. […]
The decentralized finance (DeFi) sector is easily one the most potent and promising parts of the world’s growing finance industry. As the name implies, decentralized finance removes central authorities and intermediaries from the sector, granting the public direct access to financial products at the best possible rates. Essentially, banks and other financial institutions can no longer exert their control over the market, putting the power into the hands of everyday individuals. There are several advantages to using DeFi. One of the most noticeable is the autonomy it provides the public.....
PRESS RELEASE. British Virgin Islands — 6th August, 2021 — EQIFI, a decentralized protocol for pooled lending, borrowing and investing Ethereum-based cryptocurrencies, stablecoins, and select fiat currencies, has today launched its DeFi platform, including newly introduced fixed- and variable-rate ledning products, as well as the advanced yield aggregator and interest rate swaps. Brad Yasar, CEO of EQIFI, said: “We are incredibly excited to bring our new range of DeFi products to our community and clients. By harnessing the power of DeFi technology, EQIFI is positioned....
PRESS RELEASE. Welnance, a DeFi protocol built on Binance Smart Chain, is set to launch the first Lao crypto and decentralized product on the 11th of November, 2021. Welnance is a decentralized financial platform that’s aimed at promoting financial freedom and choices for people around the world by offering fast, secure, reliable financial products and services to customers.
Welnance is under the Phousy Group ( one of the 6 companies authorized by the government of Laos to trade and mine cryptocurrencies). Since its inception in 1997, The company has participated in....