Decentralized finance (DeFi) is the fastest-growing sector within the cryptocurrency markets. With promises of an open-source, permissionless, and consumer-centric financial ecosystem, DeFi is set to change the trajectory of institutional finance. As of December 2021, DeFi-based protocols had US$ 251 billion in total value locked (TVL), with Ethereum dominating the market share, followed by Terra and Binance Smart Chain (BSC).

Use Cases

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Metaverse

The metaverse is no longer what it used to be, as depicted some years back. It has evolved into a disruptive ecosystem, providing new opportunities for gamers, artists, and creators by not just reimagining the entire digital assets economy but inventing it afresh. As a primary go-to platform for entertainment, workplace...

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NFTs

Non-fungible tokens (NFTs) have quickly emerged as a new asset class because they prove ownership over an object that users would easily reproduce. Unlike traditional digital assets or artworks that are easier to duplicate, NFTs ascertain authenticity in the same way. Blockchain prevents...

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