Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on September 12, 2020, 09:08:08 AM

Title: DeFi and Open Finance
Post by: EAA-ALLAH on September 12, 2020, 09:08:08 AM
Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.
Title: Re: DeFi and Open Finance
Post by: Msweet on September 18, 2020, 05:20:47 AM
Open banking refers to a banking system where third-party financial service providers are given secure access to financial data through APIs. ... DeFi, however, proposes an entirely new financial system that is independent of the current infrastructure.
Title: Re: DeFi and Open Finance
Post by: hair on September 18, 2020, 05:26:53 AM
DeFi is today's financial solution without the need for a 3rd party. DeFi will be a safe investment and decentralized finance.
Title: Re: DeFi and Open Finance
Post by: EAA-ALLAH on October 21, 2020, 02:14:51 AM
DeFi is today's financial solution without the need for a 3rd party. DeFi will be a safe investment and decentralized finance.
Yes DeFi is a decentralized finance open financial system which has no permission to participate or any kyc procedure. Anyone can participate anywhere in the world.
Title: Re: DeFi and Open Finance
Post by: hair on October 22, 2020, 07:47:06 PM
Yes DeFi is a decentralized finance open financial system which has no permission to participate or any kyc procedure. Anyone can participate anywhere in the world.
Yeah. DeFi is very useful nowdays, is one of the blockchain inventions that is very special and beneficial to the crypto industry
Title: Re: DeFi and Open Finance
Post by: Coin63@ on October 24, 2020, 02:18:31 AM
Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.
Yes sir, DeFi is a intermediateless transfer system of money into one party to another parties without kyc verification, no presences of credit card and others cryptocurrencies support card. Actually it's boarderless transaction system within any regional area in the world.
Title: Re: DeFi and Open Finance
Post by: Altcoin1998$ on October 24, 2020, 05:54:36 AM
DeFi a systematic decentralized finance which bonding combination cryptocurrencies and finance. Oepn finance which finance will apply on DeFi platforms without permission or kyc, credit card.
Title: Re: DeFi and Open Finance
Post by: EAA-ALLAH on November 19, 2020, 01:03:27 PM
DeFi a systematic decentralized finance which bonding combination cryptocurrencies and finance. Oepn finance which finance will apply on DeFi platforms without permission or kyc, credit card.
Now defi not only Ethereum based projects but also defi tron based projects also. Some DeFI projects are arranging now on others platforms.
Title: Re: DeFi and Open Finance
Post by: hair on November 19, 2020, 10:00:23 PM
Now defi not only Ethereum based projects but also defi tron based projects also. Some DeFI projects are arranging now on others platforms.
Interesting about Tron-based DeFi Project is not that familiar at the moment but I think there will be many platforms that will try to enter the DeFi world
Title: Re: DeFi and Open Finance
Post by: wawan96 on November 20, 2020, 02:36:52 PM
Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.
Defi is indeed very transparent, but there are many problems that cause the Defi project, the price is destroyed, now hackers have stolen money stored in their wallets, hackers easily break into making the price of the Defi coin very rekt for investors who invest and everything has happened Defi is also starting to fade at this time.
Title: Re: DeFi and Open Finance
Post by: vaysar on November 30, 2020, 10:54:00 AM
Anyone can create and use a DeFi app. There are no controllers and accounts, which require filling out complex forms to work with. Through wallets, users interact directly with smart contracts.
Title: Re: DeFi and Open Finance
Post by: Triedboy on November 30, 2020, 12:07:06 PM
DeFi's projects are currently being scammed. As a result, I have seen many investors move away from this project.  In fact, if scamming continues like this, then this project is likely to cause a lot of damage. Want to know your opinion about this project in the future?
Title: Re: DeFi and Open Finance
Post by: Chita76 on November 30, 2020, 01:41:19 PM
Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.

You have made a very good post about Dafi. It is very easy for us to read your posts and we can understand it well. I support your post and I agree. Thank you very much for giving such a post.
Title: Re: DeFi and Open Finance
Post by: kulkhan on November 30, 2020, 07:43:15 PM
Decentralized Finance DeFi is Fantastic Financial systen. Now DeFi is more popular. DeFi Network is very First. It Is very flexible because without third party it possible to transaction.
Title: Re: DeFi and Open Finance
Post by: Nostoman on December 01, 2020, 04:45:21 AM
DeFi is the easiest medium of financial services. Makes transactions from any country much easier. Financial services do not require a centralized medium. Able to deliver services from any region.

All transactions take place around the Ethereum platform. I think DeFi does not require transaction centralization. Decentralization is much more prevalent, like covering the whole world in one sheet.
Title: Re: DeFi and Open Finance
Post by: H2O on December 01, 2020, 08:12:35 AM
Defi projects are one kind of open finance because in participating in DeFi projects need no permissions from any third-party. It is open for everyone in everywhere in the world.
Title: Re: DeFi and Open Finance
Post by: Lorix on December 01, 2020, 08:19:43 AM
DeFi is able to deliver financial services worldwide without KYC. This means that financial services can be delivered to any country in the world except KYC. Makes financial transactions much easier. This is the deep relationship between finance and cryptocurrency, which benefits the traders or investors.
Title: Re: DeFi and Open Finance
Post by: yemight62 on December 01, 2020, 06:55:06 PM
I will prefer defi to centralized finance.  This is because of its innovation and varieties of aspects.  Many projects have been moving to DEFI
Title: Re: DeFi and Open Finance
Post by: Vx1 on December 02, 2020, 04:00:39 PM
DeFi is today's financial solution without the need for a 3rd party. DeFi will be a safe investment and decentralized finance.
Defi provides many more benefits, but we still have to choose which DeFi platform can be trusted so that we don't lose our money.
Title: Re: DeFi and Open Finance
Post by: Cinno3 on December 02, 2020, 09:50:53 PM
Decentralized finance is a means of delivering financial services without any harassment, without any other intermediaries. DeFi assets are currently growing in a market that is at the top of decentralized finance popularity in the global currency market. But some other resources have begun to dominate.
Title: Re: DeFi and Open Finance
Post by: Galaxy on December 03, 2020, 07:15:58 AM
DeFi is one of the most popular services worldwide. No intermediaries are required for DeFi transactions. Defi admired as an advanced platform. The future will be brighter.