Antier Solutions

  Decentralized Finance or DeFi has been the biggest story in the blockchain space in the year 2020. This segment of blockchain has exhibited phenomenal growth as the total value locked in DeFi protocols swelled from $690.9 million on 1 January 2020 to $13.43 billion on 26 December 2020. What is DeFi? Revolutionary FinTech leaders favor DeFi very strong l y. They believe it is the disruption that could prevent the happening of another financial crisis like the year 2008. That is because decentralized finance (DeFi) is built on top of a decentralized ledger and ensures transparency in all financial transactions. Moreover, the transaction approvals in the DeFi ecosystem come from the network participants and these participants are incentivized for facilitating the transaction approvals. Along with financial transparency, DeFi provides financial accessibility and inclusiveness to those who do not have access to the current financial system. The DeFi ecosystem started as a system to de...

DeFi Crypto Lending Platform Development: How is it Redefining Lending? | Antier Solutions Decentralized Finance or DeFi is the latest innovation in the crypto world. By building on the advantages of blockchain technology, DeFi has transformed the borrowing and lending process.  DeFi crypto lending platform development   eliminates the middlemen and simplifies fund transfer between stakeholders. Problems Associated with the Current Financial Sector Before we dive into the benefits of DeFi lending and borro w ing, it is better to examine the current state of affairs in the financing sector. In a conventional setting, any individual seeking a loan has to overcome a lot of hurdles even before they begin. For example, they might not have a good credit score that qualifies them to access basic financial services. Even those who have the desired credit score are burdened with further documentation and interaction with third-party, which increases the cost, time, and efforts. It shou...