1.7 billion good reasons for DeFi - no more, no less
For unbanked individuals, DeFi solutions allow bypassing the barriers imposed by traditional financial service providers and interact with finance on a global scale.
Axel built accelerators and transformed companies e.g. for insurance and wealth management institutions, large investment banks, and family offices.
For unbanked individuals, DeFi solutions allow bypassing the barriers imposed by traditional financial service providers and interact with finance on a global scale.
A distributed ledger concept can provide real-time verification of payments eliminating the necessity for intermediaries including banks and clearinghouses. This allows payroll processes to be streamlined, accelerated, and made dramatically less expensive.
As Bitcoin has with its P2P value transfers & Ethereum with its decentralized finance, new forms of asset tokenization often lead to the potential to build and sustain an entirely new and valuable thing. Much like NFT, social tokens are an emerging asset class that has attracted a lot of attention.
In modern democracies, the principle of "one person, one vote" commonly applies in elections and legislative processes. Now that decentralized collective decision-making enables transparent and public tracking of voting results, more intricate voting systems can be instituted.
As society has grown and become more complex, power has become more centralized? No - decentralized networks enable the participation and testing of new governance models with real economic value.