Stellar Smart Contracts Bring DeFi to the “Real World”

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 63%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

In the growing world of Web3 and digital finance, the adoption of cryptocurrency and the use cases for smart contract technology is constantly evolving.

Building on the foundation set in place by Satoshi Nakamoto, the use cases for this technology have transcended from a “peer-to-peer electronic cash system” to tools for human coordination, memes, institutional-grade financial products, yacht clubs and so much more.

For crypto to truly create an open, inclusive and equitable financial system for all, we need to create clear pathways for all users to access DeFi and remove the barriers that block access to an otherwise boardless, decentralized financial system. In theThe Stellar ecosystem is creating an equitable financial system, solving real world issues and connecting the digital world of cryptocurrency to the real world of everyday individuals.

Despite this population being a key demographic of the digital asset market, most existing methods of onboarding these users require the very things they don’t have access to. CEXs and other popular onboarding tools require bank cards, accounts and other financial services that are both unnecessary and unused by this population.The Stellar ecosystem stands as a pioneering force in integrating seamless on- and off-ramps to the network, laying significant groundwork for future developments.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AI Safety for Smart Contracts Is AI Safety for the WorldAri Juels is a faculty member at Cornell Tech in New York and co-director of the Initiative for CryptoCurrencies and Contracts (IC3). He is also chief scientist at Chainlink Labs.
Source: CoinDesk - 🏆 291. / 63 Read more »

Can AI Audit Smart Contracts Better than Human Auditors?AI-based audits are not yet perfect, but they may be the next step in smart contract auditing.
Source: hackernoon - 🏆 532. / 51 Read more »