DeFi.

DECETRALIZED - FINANCE

Three PILLERS of Blockchain Technology

*Decentralization

*Transparency

*Immutability

This means you can invest in a home on the market anywhere in the World by utilizing the technology on the Blockchain. Each investment is kept on a public ledger that can be accessible to all investors involved in the DEFi Project Group.

Decentralized-

Data is stored on multiple computers around the world.

NO Person, Corporation, Government, Authority or Entity can control ANY Aspect of the data.

Blockchain recordings in storage protocols make sure that data is Verified, Unmodified and distributed across a vast amount of computers around the world.

It’s hard to destroy and no one person or entity controls the Data or Network, this creates a transparent environment to trust.

DeFi Ecosystems - Ethereum

Bitcoin and Ethereum are both used as tradable assets on Blockchain technology with different purposes.

Bitcoin can be used as a digital currency that people can use as a form of payment to send to and from each other or hold as a store of value.

Ethereum is a programmable Blockchain that people can build software on to create valuable products and services.

Due to decentralization Blockchain Technology, the software built on ETHER are called Decentralize Applications, or DAPPS for short.

Centralized is controlled by the federal reserve and controls all banking system., This takes more time and money because it is controlled by Banking Corporations.

The Blockchain is an Open Source of Software for the world to use at light speed without Penalties or Fees.

Transparency-

All Blockchain Transactions will host a Public ledger to see every live transaction as it happens.

You can verify all sales connected to each transaction with a connected link located on the date of the transaction.

This link will take you to the Data Base

www.ETHERSCAN.io

Immutability-

Means the date on the ledger cannot be Changed, Forged or Altered on Cryptography and Blockchain hashing Processes.

In the nature of DAPPS, it inspired the idea in crusade towards DeFi in November 2018.

It is to replace or transform the current financial system into a more Transparent and Trustworthy System that everyone can use.