How DeFi Can Avoid the Irrelevance of P2P Lending and Crowdfunding
To avoid the fate of other p2p projects, DeFi protocols need incentives and feedback loops so users choose open-source over closed systems.
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A new report has found that over half of the respondents believe that segments investing and asset management, payments, and crowdfunding/lending have the greatest potential for the future of FinTech, but that revenue development lies in blockchain companies. The report, FinTechs in Europe – Challenger and Partner [PDF] conducted by Roland Berger, looked at 248 FinTech companies from 18 European countries. According to the report, 55 percent of those surveyed stated that investing and asset management hold the greatest potential for FinTech companies; 54 percent said it was payments; and....
Ethereum’s price may be hampered by selling pressure, but the leading network continues to experience heavy utilization from developers and users. After robust interaction from the participants, the blockchain giant emerged once again as the leader in Decentralized Finance (DeFi) lending. DeFi Lending Still Pays Best On The Ethereum Network A recent report has underscored […]
Lending is the second-most-popular segment of decentralized finance today. The industry represents over $45 billion in total value locked yet still suffers from significant inefficiencies. Hashstack finance and the testnet version of Open Protocol offer a much-needed breath of relief on that front. DeFi Lending Is Popular No one will deny that decentralized lending and […]
Peer-to-peer lending has become an emerging trend in various countries around the world. Especially in China, things seemed to be heating up, thanks to a company called Ezubao. But at the same time, rumours started surfacing this company’s intentions were less than honorable. At it turns out, Ezubao was nothing more than a Ponzi Scheme, hurting the....
ING Bank, just as any other, is just an unnecessary middleman between you and many crowdfunding options. Today, we have things like the Lighthouse, WeiFund or Koinify, which try to help those seeking to receive crowdfunding for interesting projects. There is no need for using centralized crowdfunding anymore, nor is there a need for banking assistance in....