What Is DeFi? A Beginner’s Guide

What-is-DeFi_-A-Beginners-Guide_web

These days, it seems like everyone has an opinion on cryptocurrencies, the blockchain, and “DeFi,” especially crypto investors. Unfortunately, not many people fully grasp DeFi, let alone understand it enough to explain how it works or how it benefits enterprises like yours. If you’re on the fence regarding DeFi and aren’t sure whether you should jump in feet-first, you’ve come to the right place. Today, let’s break down DeFi in detail and explore how it can benefit your small business in the years to come. What Is DeFi? In a…

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DAI

DAI (DAIJ): Decentralized Stable Coin DAI Quick Stats As the cryptocurrency market has matured, there has been a push to solving the volatility issue that hampers wider adoption of the technology. To help cryptocurrencies move past investments and into consumption the incentives to buy and hold must be resolved through this stabilization. The “stablecoin” was made to solve this. A few have been created which utilize Bitcoin technology, however, DAI was created on the Ethereum blockchain, the first stablecoin to do so. CoinPayments now provides and integrations so merchants can…

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