Phantom Foundation will explore the decentralized financial boundary jointly with PDEFI

Decentralized financial DeFi or Open Finance is becoming the hot one in blockchain area. However, it needs persons who really understand the industry to distinguish the false.

Decentralized financial DeFi or Open Finance is becoming the hot one in blockchain area. However, it needs persons who really understand the industry to distinguish the false. The global financial market infrastructure will transfer to open financial protocol which commercializes all financial elements appearing in transactions.
We hope to find some practioners of PDEFI to answer these core problems. For this purpose, we asked Alexander Pierce, the founder of PDEFI currency protocol platform, who is a practioner focusing on decentralized finance and has participated the decentralized financial project MakerDAO on Ethereum.
What value can be captured by PDEFI?

In blockchain area, PDEFI is the one which is visiable and quite sure to capture network value, that is to say, it is the most practical direction that has the highest possibility to capture network value, this is one of important reasons we think highly of PDEFI.
How does PDEFI product capture value?
At present, there are two schools of cognition, one is to explore value via the mode of charges, which deploys and operates the entire protocol online and finally gains profits by the same charging mode as in traditional finance. the platform collects the borrowing expenses. This mothod is quite usual in startup projects in America, as they think some problems can be solved through the charging mode.
Compared with traditional financial market, what’s the advantage of PDEFI?

The biggest advantage is, you can directly dock with a thorough global and untrustworthy financial market. Basically, each financial product in Internet era has a concept of locality, but PDEFI does not. As PDEFI product is borderless, it does not belong to Russia nor America and provides the same interest rate no matter the borrower is an Indian, Russian, or American.

To explore for PDEFI, and imagine again. PDEFI brought an opportunity, letting us can review all preconceived trust hypothesis in economic activities, transitting from the trust-based economy to independent economy, and thereby creating inestimable economic value.

Contact Info:
Name: Marry
Email: Send Email
Organization: kinja
Website: https://btcnews.kinja.com/phantom-foundation-will-explore-the-decentralized-finan-1837394556?rev=1566283670035

Release ID: 88909618