Stock Groups

DeFi can be 100 times larger than today in 5 years -Breaking

[ad_1]


Finance decentralizedThe DeFi product is a natural product enabled by blockchain technology. This technology also provides the infrastructure necessary to make the technology more accessible. This space has grown exponentially since July 2015. Ethereum network transactions are growing 33x-1.2 million daily, and would surpass millions of transactions per day if there were other chains.

These transactions were facilitated by DeFi services like. This service facilitates more than $1 billion in swaps every day and lends and borrows protocols such as Aave Compound, BondAppetit and BondAppetit. The market is tens to billions. Although these numbers are impressive by any standards, they represent only one decimal place in the trillion-dollar Traditional Finance (TradFi).

Artem TolkachevBondAppetit is his founder, CEO and investor. He has been an entrepreneur and lawyer in intellectual property and IT since 2011. Artem was the founder and head of Deloitte CIS Blockchain Lab in 2016. He was responsible for a variety of projects, including the creation of blockchain and cryptocurrency legislation, the tokenization real-world assets and tax structuring security token offerings.