🏀 #DeFi: Borderless #finance #trading and #exchange opportunity

🥏 A variety of technologies and protocols are used to achieve the goal of #decentralization. A decentralized system, for example, could be made up of open-source technologies, #blockchain and software. These financial products are made possible through #smartcontracts, which automate the terms of agreement between buyers and sellers or lenders and borrowers

https://medium.com/veniceswap/defi-borderless-finance-trading-and-exchange-opportunity-b6eb9dac1533

🔮 The future of #codes and new #projects: #SmartContracts

💈 On #Ethereum, for example, contracts are written in its programming language called #Solidity, which is #Turing-complete. What this means is that the rules and limitations of Smart Contracts are embedded in the #network code and no bad guy can manipulate the rules

https://medium.com/veniceswap/the-future-of-codes-and-new-projects-smart-contracts-52d96cfd09f5

🎨 Initial Coin Offerings (#ICOs) Based on #Blockchain Technology

👩‍💻 Some #startups are exploring ways to integrate new technologies (Distributed Ledger Technology, blockchain and #smartcontracts) into their business models. Initial coin offerings (ICOs), also called initial digital token offerings (#ITOs), are currently in vogue, with blockchain technology offering the possibility of funding startups through these methods.

https://medium.com/enkronos/initial-coin-offerings-icos-based-on-blockchain-technology-8b9f62c9b4d7

🧮 The Components of #Decentralized #Finance: #SmartContracts, #Farming, #Yields…

💠 #StableCoins are common in #DeFi, as are services such as #cryptocurrency #exchanges and credit services. #Smart #contracts also make possible new forms of #passive #investing, such as #staking and yield farming.

https://medium.com/veniceswap/the-components-of-decentralized-finance-smart-contracts-farming-yields-b8daf9317ee5

🥏 3 minutes to understand #DeFi, #Decentralized #Finance

🎯 The principle of operation of Defi is quite simple and complex at the same time. The system uses #cryptocurrencies, #smartcontracts and #DApps.

https://medium.com/veniceswap/3-minutes-to-understand-defi-decentralized-finance-f0ae106850eb

Traditional #Finance, #Fintech and #DeFi (The New Frontier)

With the increasing adoption of emerging technologies such as #Web3, #Blockchain, #SmartContracts and #Cryptocurrency, the concept of Decentralized Finance (DeFi), is gaining considerable attention

https://medium.com/veniceswap/traditional-finance-fintech-and-defi-the-new-frontier-2fe50e1bd9f5

🏹 Why #Decentralized #Finance (#DeFi) is Poised to Revolutionize the Financial Industry

🥌 Because DeFi relies on decentralized #networks and #smartcontracts, it can be more secure compared to traditional financial services. There is no central point of control that can be targeted by #hackers, and transactions are secured by #cryptographic techniques.

https://medium.com/veniceswap/why-decentralized-finance-defi-is-poised-to-revolutionize-the-financial-industry-48c7b87485b0

📜 #Smart #Contracts: The Future of Contractual Agreements

🏭 #Smartcontracts have numerous potential #applications across various industries, including finance, real estate, and supply chain management

https://medium.com/enkronos/smart-contracts-the-future-of-contractual-agreements-76544aa7bb4c

🎆 Why #Ethereum is more solid to create #smart #contracts?

🖲️ #SmartContracts on a #blockchain are immutable (cannot be changed) and verifiable (everyone can see them), ensuring a high level of #trust between the parties.

https://medium.com/enkronos/why-ethereum-is-more-solid-to-create-smart-contracts-16c82fe2b047

👩‍🏫 #Decentralized #Finance, #SmartContracts, and #Blockchain

🏦 In a few years, #Defi could change the way we understand finance, making it available more usable to a mass audience.

https://medium.com/veniceswap/decentralized-finance-smart-contracts-and-blockchain-3f75b9d41420

What is a #DAO (#Decentralized #Autonomous #Organization)?

Through #blockchain #technology, it is possible to carry out organization processes using #smartcontracts

https://medium.com/veniceswap/what-is-a-dao-decentralized-autonomous-organization-ab4599260cbd

💹 #DeFi: What are #flash #loans

💠 Thanks to #smartcontracts on the #blockchain, there is no need to make a file to convince your #banker of your #solvency. Anyone can interact with a DeFi protocol and #borrow a certain amount of #money, in #exchange for a #collateral #deposit. This is the idea behind DeFi #lending. The rules of the loan and repayment are governed by the code in the blockchain.

https://medium.com/veniceswap/defi-what-are-flash-loans-c82cb32d4deb

🧚‍♀️ What #decentralized #finance offers

👔 #Blockchain technology offers us the opportunity to carry out financial transactions that are decentralized, #p2p, open and transparent, unalterable, secure, and at very low costs. #SmartContracts are a transaction #protocol developed to perform more complex transactions on this technology.

https://medium.com/veniceswap/what-decentralized-finance-offers-7b8ad6ce1898

💥 What can be done against risks of #Decentralized #Finance?

☀️ #DeFi #developers are not just creating #digital #asset #tokens, as one might think. They are also developing #smartcontracts that enable people to invest, leverage and #trade various #derivatives, and transfer assets quickly and easily across #platforms and #protocols.

https://medium.com/veniceswap/what-can-be-done-against-risks-of-decentralized-finance-3d4c89540ab3

👀 What is #Security #Token?

👩‍🏫 Each of the #Ethereum-based #cryptocurrencies acts as a #commodity in the #blockchain world as it is created with #smartcontracts. It is also directly related to the concept of security #tokens.

https://medium.com/veniceswap/what-is-security-token-e34f633c0d21