Decentralized Finance Aims to Address the Problems of the Centralized Finance. We’re living in a world of highly diverse 8 Billion people. 1.7B people have no access to financial services.
Meaning 1 in 5 has no access to financial services.To think of it, that’s 20% of the entire world population...Let us show you how Dexpool makes it all different in this comparism.
Centralized Finance
How does it work?
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Lack of transparency
Exchanges, banks, brokers, FX providers and other intermediaries have opaque pricing, margin, spreads and commissions.
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Censorship
Capital controls prevent people from transacting in the world economy and escape poverty.
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High transaction costs
Extreme high costs at banks and other service providers for simple services such as making wire transfers.
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Counterparty risk
Risk that counterparty does not perform on contract creates additional insurance costs.
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Legacy infrastructure
Current financial system has dated systems. Lowest layer of technology stack can run on 1980s/1990s code. No global access.
Decentralized Finance
How does it work?
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FULL TRANSPARENCY
Through the use of blockchain technology, all transactions are publicly visible, tamper proof and verifiable by everyone.
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USERS HAVE CONTROL
The blockchain guarantees an immutable and traceable book of records for all transactions. Users retain full control over their assets.
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FREE OF INTERMEDIARIES
Every interaction between two parties is based on a smart contract. A smart contract is codified law which increases the efficiency and removes the need for intermediaries.
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NO COUNTERPARTY RISK
Smart Contract only executes when both parties fulfill all requirements and therefore eliminate counter-party failure.
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BUILT ON BLOCKCHAIN
Services are run by permissionless self-executing, automated contracts with open-source code.
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OPEN FOR EVERYONE
Everyone can transact as decentralized finance has lower costs and doesn’t prevent people from accessing the network.
Wouter Witvoet
CEO- Founder & Chairman of Secfi
- Raised over $600M for Secfi
- World Economic Forum Global Shapers
- University of Cambridge
Ryan Ptolemy,
CPA, CGA, CFA
CFO
- CFO of Aberdeen International (TSX:AAB)
- Former CFO of multiple public and private companies
- Founder of Quantum Holdings
Olivier Roussy
Newton
Co-Founder
- Founder of HIVE Blockchain Technologies (TSX.V HIVE) $2bn market cap
- Raised over $800m past two years
- Founder of Latent Capital