Decentralized Finance (DeFi) is the future of blockchain. DeFi can no longer be neglected as a temporary fad. With CoinMarketCap launching a separate ranking dedicated exclusively to DeFi, industry giants like Binance are launching their own DeFi projects, the total value locked in Defi Jumped 85% in August, totaling to $8 billion in assets held. Decentralized Finance tokens are constantly growing in market capitalization, and there is no doubt that DeFi is here to stay. In fact, it’s already revolutionizing the crypto ecosystem. But what is DeFi?
The basic concept behind Decentralized Finance is quite simple: recreating the time-tested and well-known financial instruments, through the power of blockchain technology. DeFi achieves exactly this by building blockchain architectures in which financial processes get optimized by replacing trusted third parties with a decentralized community. Some of the most popular applications of DeFi are stablecoins and decentralized exchanges, but the possibilities offered by Decentralized Finance are endless.
ZelaaPayAE is one of the leading blockchain solutions providers in the United Arab Emirates, and in the entire Gulf Area. Today, ZelaaPayAE is expanding its position by entering the DeFi ecosystem, keeping up to date with the rapidly evolving cryptocurrency industry, and bringing it’s users the benefits of blockchain. ZelaaPayAE has developed a significant blockchain infrastructure in the United Arab Emirates, enabling millions of crypto enthusiasts to effortlessly use cryptocurrencies on a daily basis through solutions such as crypto debit cards and a vast network of Point-of-Sale terminals. Entering the DeFi ecosystem takes ZelaaPayAE to another level. As the mission of crypto mass adoption in the Gulf Area is on its path of successful implementation,
ZelaaPayAE moves to the next goal of allowing people to enhance their personal finances through DeFi.
How exactly will DeFi improve the experience of ZelaaPayAE investors?
In the long run, the possibilities are endless. In the most immediate application, ZelaaPayAE is building a platform allowing anyone, anywhere in the world to invest in real world assets backed by several large real estate developers and major brands from other domains in the UAE. Investors will benefit as these high value assets appreciate over time. ZelaaPayAE has already become the leading blockchain solution in the Middle East, and is on its way to becoming the leading DeFi project in the world. The tokenization of high value real-world assets bridges the worlds of blockchain and traditional investing, empowering everyone with access to private real estate and other appreciating assets in the United Arab Emirates. For ZelaaPayAE, this is only the beginning – the project is constantly progressing to meet trends and stay up to date with technological advances.