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  You steal the limelight and you steal the market share .  Against the industry predictions earlier last year, DeFi grew like gangbusters and reignited the lost glory of crypto finance. Today, the market has propelled by  20x  which in itself is a rare milestone. Trade experts who had written off the possibility of a parallel currency are now foreseeing 2021 as another landmark year. Here’s a quick run-through of the top trends that’ll further elevate the acceptance of DeFi in the consumer markets - Trends #1 The rise of Proof-of-Staking (PoS) as a consensus mechanism Proof-of - Work (PoW) is basically a consensus algorithm used in a blockchain network for transaction confirmation and the introduction of new blocks. In a PoW consensus blockchain, the network is supported by miners who compete against each other to confirm the transactions. Once the transactions are completed, the miners receive an incentive. Ethereum, the second-biggest cryptocurrency in terms of th...

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...