Nobitex Product Marketing Manager reviewed and evaluated DeFi at the DeFi (Decentralized Finance) workshop on January 9th.
According to Iran digital economy annotation, Nobitex’s product marketing manager described DeFi as an attainable ideal and stated that what we are currently seeing from DeFi is not fully decentralized, but the financial history of the world shows that it is possible to achieve this ideal.
“Ali Khoei”, Nobitex product marketing manager at the DeFi workshop (decentralized financial affairs) on January 9, referring to the history of exchanges and creating money, said: Currently, one billion and seven hundred million people in the world do not have access to basic banking services. When Bitcoin was created, the idea was to be a means of exchange, a means of storing value, and a means of counting and accounting, but it did not have the ability to create a unified financial structure.
He explained: “In 2013 Ethereum was introduced; Game technology in which projects are defined based on a decentralized financial structure and does not have a centralized monopoly entity. What we refer to as DeFi was formed from here.”
Pointing out that the total assets locked in DeFi are 53 billion and seven hundred million dollars, Khoei added: “Compared to the assets in the world’s banks, which is 183 trillion dollars, the number in DeFi is not a large number, and one of the reasons is There are risks that can be imagined in smart contracts at the moment.
The product manager of NobiFi, Nobitex, asked the question, “Is DeFi the future of finance?” He said: “We have to see if we see DeFi as an ideal or not. One point is that what has been proposed so far is not really fully decentralized and part of it is dependent on a centralized institution, so we are far from reaching that decentralized utopia.”
He continued: “I refer to DeFi as an ideal that is accessible because when we look at the financial history of the world, a lot has happened in it; In the transition from traditional banking to digital banking, we also witnessed the same issues and strange resistances and oppositions, but this happened. For this reason, I believe that in the case of DeFi, despite the resistance, we are seeing forward movement.”
At the end of this workshop, Khoei gave explanations about the decentralized exchange “Nobitex” and the non-custodial cryptocurrency wallet “Lockwallet”, which are two products of Nobitex in the field of DeFi.
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