DeFi For You. Become you own bank
DeFi For You, A new decentralised loan economy on the Binance Smart Chain blockchain, powered by the #DFY smart contract BEP20 token. www.defi.com.vn and Defiforyou.uk
READ MOREWe have created a decentralised loan economy on the blockchain, whereby the irrefutable reputation of the individual as verifiable on the public ledger (blockchain) is combined with type and terms of collateral to create a bid and ask economy setting the interest and terms of loans. This is true decentralised finance. A traditional financial loan is inflexible and inaccessible to most people on earth. Blockchain has proven that there is a working use case in decentralising such financial services. However, blockchain also comes with anonymity and trust-less, limiting the types of loans that can be issued, because in reality, some people are more likely to pay back a loan than others. Trust and reputation still matters. DeFi For You.™ (#DFY) solves this, by moving an irrefutable, verifiable reputation system onto the blockchain and tying it together with the decentralised finance that during 2020 has become a massive industry worldwide.
The DeFi For You.™ company or its founders doesn’t have any monopoly access to a public smart contract. On the contrary, we encourage many parties to create websites, apps and gateways into this new decentralised economy. The #DFY token is LIVE already today and work on both the legacy blockchain (Ethereum ERC-20) as well as on the just new state-of-the-art blockchain BEP20, a software based protocol which has exceeded our expectations from both quality and performance perspective.
For new users of Binance Smart Chain, we recommend the “Trust Wallet” app, which can be downloaded from the Apple© AppStore™ or Google™Play (https://trustwallet.com/). In Vietnam, we have developers and leaders who have previously taken another blockchain project to great global success.
More to come at www.defi.com.vn
