Decentralized Finance (DeFi) is a developing area at the intersection of blockchain, digital assets, and financial

services. DeFi protocols seek to disintermediate finance through both familiar and new service arrangements. The market experienced explosive growth beginning in 2020. According to tracking service DeFi Pulse, the value of digital assets1 locked into DeFi services grew from less than $1 billion in 2019 to over $15 billion at the end of

2020, and over $80 billion in May 2021 Yet DeFi is still early in its maturation.

Traditional Finance
  • Not everyone is granted access to bank accounts or deemed eligible to use financial products and services in their respective nations
  • Lacking access to these services can prevent people from job opportunities
  • A bank or intermediary like PayPal can prevent its users from receiving or sending funds
  • Most financial institutions leverage and exploit data of their clients
  • Governments can close or impose heavy restrictions on markets at their behest
  • Trading hours are often limited and out of sync with global time zones
  • Some international transfers can take several days to complete due to manual human input
  • Most financial services often require a premium due to the intermediary institutions needing their commission and fees
Decentralized Finance:
  • Allows for complete autonomy and independence – users control where and how to spend their money
  • Fund transfers happen almost instantaneously – at the most within several minutes, pending on the nature of the network
  • Transactions can be pseudonymous or anonymous
  • The network and infrastructure are open to anyone
  • Created on a system of transparency where anyone with enough technical knowledge can audit or inspect a product’s data and how the system worksMarkets don’t close
  • To learn more about how Sync Neural is working within DeFi, please visit our subsidiary Norbu DeFi for more details

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