Digital Marketing Analyst
How can Web3 Decentralized Applications Revolutionize Finance?
For a long time now, traditional financial institutions have faced outrages from people due to the contribution of arbitrary factors in valuing or devaluing currencies. Cryptocurrencies evolved as a result, and they have been increasingly adopted globally. Such tokens have enabled the growth of decentralized finance platforms, which are part of the Web3 decentralized application ecosystem. The DeFi market is still evolving, which makes it difficult to calculate its market cap, although experts predict that it might have well crossed the billion-dollar mark long back. The below topics discuss different aspects of decentralized finance.