Solutions
Ethereum-powered DeFi Solution
Every week, the Ethereum DeFi ecosystem is growing by billions in collateral. Keep up with the pace of DeFi innovation and access the diverse opportunities in decentralized finance with our Ethereum-based DeFi solution.
The Problem
The processing of transactions over traditional financial systems is heavily reliant on intermediaries like a bank. Besides, the set of regulatory formalities necessary for a transaction are also complex. It requires a brokerage or bank account, social security number, proof of address, a government-issued ID and other such kinds of stuff. It incurs heavy operational costs and delays the processes, leading to a poor user experience.
The Solutions
Ethereum-powered DeFi solution addresses the problem of centralized finance by removing the involvement of intermediaries between transacting parties. DeFi facilitates financial transaction over the decentralized Ethereum blockchain network, enabling the buyers, sellers, browsers and lenders to interact directly over a secured, transparent and reliable peer-to-peer public network.
DeFi as a platform for financial transactions provides users with better control over their money. It supports personal wallets and trading services that cater to individual users and not institutions.
Benefits of Our Ethereum-powered DeFi Solution
A Wide Array of Services
We support the DeFi network through decentralized application development. We build and deploy Ethereum-powered DeFi smart contracts, wallets, lending platforms, tokens and DeFi exchange.
Speed, Accuracy and Efficiency
DeFi protocols are built using Ethereum smart contracts. Thus, they have high speed and accuracy. Also, processing any transaction requires no paperwork, and no time is wasted in reconciling errors.
Automation
Deployment of smart contracts eliminates the need for manual interference, as the pre-defined conditions automate the execution of an agreement when conditions are met. It means no intermediary’s involvement and no time loss.
Efficiency Over Traditional Financial Systems
DeFi is the future of financial systems because of its massive advantage over the existing traditional financial system. Some of the worth mentioning advantages are permissionless, borderless & decentralized, no involvement of central entity, full control over funds and restricted fraudulent activities.
Security and Transparency
The immutability of Ethereum renders high security and audibility to DiFi applications by facilitating tamper-proof data coordination. Transaction records are encrypted, immutable and shared across participants over a distributed ledger that has no scope for information alteration.
Eliminate technical limitations
DeFi is free of limitations like software failures, technical bugs, and connectivity issues. So, issues like transaction problems, mismanagement of keys, or jeopardized settlements are rare in a Defi architecture.
Ethereum Insights
How to create ERC-20 token on Ethereum network?
ERC20 tokens, executed as smart contracts on the Ethereum Virtual Machine , define rules of interaction and purchase with other tokens.
ERC20 vs ERC721 vs ERC1155
ERC20, ERC721, and ERC1155 are the prevalent token standards as approved by the Ethereum community.
How to develop NFT Marketplace on Ethereum?
With the help of NFT marketplace developed on Ethereum blockchain, you can leverage open transaction history for ownership verification.