DeFi is the latest advanced e-finance technology based on public blockchains and smart contracts. Each user of the network can interact with the ecosystem, manage assets through special applications, trade and credit. An important advantage of DeFi solutions is that decentralized finance is based on smart contracts. Thanks to this feature, the Defi system does not require intermediaries and transactions are completely transparent. The most obvious example of DeFi is the Bitcoin cryptocurrency payment system.
DeFi prevents third parties from accessing the decentralized system and gives users more authority over their funds by running lower exchange rates. Such an approach to implementing the financial system allows users to effectively repay debts, make profits, and exchange money. At 8Cell, we are ready to provide services to develop innovative DeFi solutions and create a platform and relevant solutions for your financial business where your customers can borrow and invest in cryptocurrency without a central authority that manages everything they do. And all this in safe and transparent blockchain space.
8Cell is a true pioneer in the blockchain industry that has been providing software development services for 11+ years. Our staff have 100+ talented blockchain specialists to offer various services surrounding the decentralized space. We are ready to implement your DeFi idea, going through a full-cycle development from research to release and providing after-release support services. If you need an innovative DeFi solution to boost business, share your idea with our experts and get free consulting anytime.