Article: BlockDown: DeFi institutional adoption is booming but gas fees hinder growth

Blockchain, Decentralized Internet

BlockDown: DeFi institutional adoption is booming but gas fees hinder growth

Panelists at a DeFi-focused talk held at the BlockDown conference on Thursday expressed their optimism at the past and future growth of decentralized finance, but highlighted the hurdles to adoption due to congestion on Ethereum.

“Decentralization is continuing, but what we’ve started to see is more and more delivery of DeFi through custodial interfaces, through fintech. And a lot of what we do is just education, advocacy, informing people about all the excitement. […] We are very surprised, often, by the extent to which regulated institutions are already participating in DeFi.”

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Article: Innovative trends impact evolution of blockchain tech

Blockchain, Crypto, Innovation

Innovative trends impact evolution of blockchain tech

Over the past yr, the decentralized finance house has been making waves within the monetary sector, constructing on blockchain expertise to decentralize a mess of banking companies. The adoption of DeFi companies has been steadily on the rise, and all types of property are making their method onto the blockchain.

With nonfungible tokens popularizing digital artwork possession representations, blockchain expertise is creeping into probably the most surprising locations, and DeFi is fuelling its enlargement. These distinctive and typically fairly invaluable tokens are particularly related as we speak, with artwork galleries closed as a consequence of restrictions pertaining to the worldwide pandemic and cultural experiences now happening on-line greater than ever earlier than.

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