Central Bank Digital Currencies (CBDCs): A detailed guide on how they work?

Cryptocurrencies have made huge progress in a short time. But, despite the hopes, cryptocurrencies have not yet changed how we pay for things. One of the reasons is its extreme price volatility. Recently, crypto has inspired the biggest financial institutions, the central banks, to create digital currencies, the Central Bank Digital Currencies (CBDCs). With the help of blockchain technology, these currencies are poised to modernize retail payment systems. It also streamlines the connection between the public, corporations, and financial institutions.

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What is DeFi 2.0, and why does it matter?

DeFi is a familiar term in the crypto world, and it summarises the whole concept of the same. DeFi (Decentralised Finance) is a protocol, and it differs from traditional financial services in the fact that DeFi does not require any intermediaries to carry out a transaction. The blockchain technology in DeFi cuts out banks and other intermediaries, including brokers, stock exchanges, and such.

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Decentralized Finance – DeFi use cases, products

DeFi or Decentralized Finance is the latest hot trend in the fintech space and has caught the attention of several entrepreneurs, especially those involved in the BFSI sector. On preliminary research, you’ll see that DeFi is the technology used to enable financial services on a decentralized nature. Ruling out the middle men like banks and […]

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