The world of finance is going through a massive change due to the emergence of DeFi, or decentralized finance. For centuries, banking and financial systems have been the core pillars of the economy; now there is competition from blockchain-based systems that promise better transparency, accessibility, and efficiency. With the growing adoption of digital assets and …
With DeFi, users can lend, borrow, and trade seamlessly using blockchain-based smart contracts with no intermediary like a bank, making access to business services open and permissionless. While this promises growth and greater financial inclusion, it is coupled with a lot of risk that needs consideration. It is essential to analyze these risks to make …
Insurance can easily become the backbone of your financial planning as it helps you prepare for potential hardships that may come your way. It may be a medical emergency, a car crash, or even damage to your domicile; the correct insurance will save you from insane expenses. However, there are so many different insurance options …