Decentralized finance as a new globalization accelerator -Breaking
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People who have studied history will be able to recall the medieval European city-states. In those days, merchant caravans moved from one city to the next, carrying luxury goods and information from distant places. This lifestyle gave merchants freedom and flexibility. The concept of this lifestyle is similar to that described in Michael Ondaatje’s book. English Patient. Author envisioned total freedom without any borders or nationalities that would limit people’s efforts to develop and advance.
Decentralized finance allows more people to access the financial market. It is the start of an open world. DeFi has been highly positive from the standpoint of wealth accumulation and cheaper financing, giving new meaning to the concept of “finance for everyone.” By removing intermediaries via the use of blockchain technology, DeFi widens the scope of financial transactions while significantly lowering their costs. DeFi has proven to be the future in finance, and many other sectors. Only one question remains: Is it possible to get there so fast?
Katia ShabanovaForward PR Studio was founded by Sheila, who brings 20+ years experience in implementing programs at IT companies, from Fortune 1000 corporations to venture funds and pre-IPO startups. She holds BA in English philology and German studies from Santa Clara University in California and earned a Masters in philology from the University of Göttingen in Germany. She’s been published in Benzinga, Investing, iTWire, Hackernoon, Macwelt, Embedded Computing Design, CRN, CIO, Security Magazine and others.
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