Nuo

Decentralized Finance (DeFi) has quickly become a popular application of blockchain technology. And with continued crypto asset adoption, this trend appears poised to continue. By the end of 2018, there were 35 million unique crypto market participants. In 2017, this number was just 18 million – translating to a 94% increase in one year. This accelerated growth suggests that the distributed, immutable, transparent nature of blockchain is increasingly attractive to those seeking to develop alternative investment products.

These parties typically see decentralized finance as a way of overcoming problems that plague traditional financial markets such as:

Unequal Access: globally, there are 1.7 billion people without access to banking services. Blockchain transcends borders through the use of cryptocurrency and is an efficient gateway to financial markets.

Censorship: centralized financial institutions can cut off or limit access to financial services and funds. In a decentralized world, no intermediary holds this…

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Source: https://thebitcoinnews.com/how-nuo-is-pushing-decentralized-finance-forward/