DeFi in the Metaverse: Possibilities, Pitfalls, and Promises
Hacker Noon July 17, 2022
Nowadays, if you are following the tech updates, Metaverse is the hottest topic to discuss. Shortly, Metaverse and DeFi are going to change the way we interact with the world. According to the pace of technology, so many outdated systems are trying to get tuned with the further implementation of these advanced technologies. The rebranding of social media giant Facebook to Meta Platforms Inc. has fueled this concept to inspire developers to create more products and services.
This article attempts to cover so many aspects related to DeFi, blockchain, and Metaverse.
What is DeFi?
The term DeFi stands for Decentralized Finance, and it is based on the blockchain that follows the distributed ledger technology. DeFi removes the centralized control of...