How Are NFTs Transforming The DeFi Industry? NFT In Decentralized Finance
By Suffescom Solutions
May 04, 2022
Since its beginnings, blockchain has been Slowly changing the financial space. Now, two blockchain-based concepts – NFT and DeFi – are becoming the way that we manage finance.
Decentralized Finance (DeFi) has risen to the top of the crypto transaction management game, with TVL (total value locked) reaching $210 billion. DeFi is a great alternative to traditional centralized systems because it eliminates the need for intermediaries, making transactions transparent and secure.
NFTs, which exploded in popularity in 2021, have made significant contributions to a variety of fields, including art, gaming, and even real estate. Non-fungible ... [ Read Detailed Article... ]