Onwrd Ep.29 - Decentralizing Financial Services With Zer0 Collateral
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In the face of this, a new bread of entrepreneur is emerging with the aims of decentralizing financial services and increasing the transparency, autonomy and validity of economic systems. The movement goes by the name, DeFi (as in decentralized finance).
To realize this vision of decentralizing central banks and their bevvy of obfuscated services, a new relationship with data is required. The new relationship with data finds its foundation in blockchains, and it is now time to begin taking this technology serious. In the coming weeks, I am taking a deep dive into the exciting world of DeFi as this will likely be the first space that blockchain technology begins to impact the masses, and improve society en mass.
Today I sit down with the lead of Zero Collateral, a protocol for decentralized lending. Through this platform, which is built on the Ethereum blockchain, anyone has the opportunity to become a lender or borrower. This is a way for people to secure short-term loans and be the collateralized of these loans. This model has the potential to decrease the financial burden of short-term loans, decrease the barriers of accessing a loan, and allowing anyone with capital to provide a safe loan, make some interest on their money along the way.
Learn More at:
- Twitter: @Zer0Collateral
- Website: zerocollateral.com/
- LinkedIn: www.linkedin.com/in/ryan-berkun-47a61a10b/
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