The basis for decentralized financing
Web3 can become a solid foundation for a secure and secure digital economy.
Decentralized financial services (DeFi, Decentralized Finance), working on the blockchain, as well as cryptocurrencies, are one of the most important components of the new Internet. They share a common goal of Web3 — to give people the opportunity to control their own funds through a digital wallet, rather than relying on large financial institutions and banks.
Reader, shall we get acquainted? Fill out a short questionnaire using the link
Many brands already accept payment in digital currencies, including Microsoft, which allows you to purchase products from the Windows Store for bitcoins. Thus, DeFi services encourage consumers to store funds digitally, increasing the number of digital transactions.
Virtual currencies work in much the same way as traditional ones. Bitcoin worth $1 can be exchanged for an identical bitcoin worth $1 — they are interchangeable. But there is another important element in the Web3 ecosystem that many brands are already eyeing — NFT.