What are the limits of the rapid development of DeFi?

As decentralized finance (DeFi) services have grown, data has shown that they continue to refinance and run out of funds. This market breakthrough is forcing companies to engage and will only be able to do so if the users involved have the privacy and security of their users.

In the old centralized financial system (CeFi), DeFi was often overlooked because it was designed to help anonymous companies help with laundry. Of course, this is wrong, but it causes a lot of fear among consumers.In fact, DeFi's lack of privacy may limit its rapid growth.

For businesses, joining DeFi can be very rewarding. Unlike simple transactions such as savings or deposits, financial assets can be more complex. To be effective, you must be able to disseminate data, valuable data or financial history data. In the real world, this is time consuming and labor intensive, increasing the risk of fraud and reducing options. The blockchain enables the rapid delivery of reliable information to traders.

Although water extraction and DeFi tools have grown in popularity these days, they are still in commercial applications. As financial expansion extends from traditional financial systems to key investments such as the automotive, home and equipment industries, businesses will appreciate solutions for good business, but they must protect the secret trade. However, in the open blockchain, these passwords are fully disclosed.

Blockchains like Ethereum don't link names to addresses, but personal data can still be tracked. This is especially true for large corporations or large private companies that convert large sums of money.Companies can easily track this information to identify business competitors and the business strategies they employ. This does not apply to most large companies and investors..

However, privacy should not interfere with anonymity, the purpose of privacy protection is not to hide the business from authorities, but to randomly assess potential candidates. For individuals who buy digital assets, exchanges can hide their personal information with a combination, but this method does not apply to digital contracts. When a company signs and becomes the owner of smart contracts, such as tokenization and industrial automation tools, smart contracts represent the two parties and the terms of all contracts.

The same standard reference method can be used here. The goal of the benchmark agreement is to protect the power and value of asset tokenization, as well as to privately secure and link large corporations through public blockchains. For example, orders, receipts and loans of fixed assets are tokenized. transmit, use and maintain via DeFi solutions currently under development.

Private ownership can protect companies from the secrecy of the securities industry, but they do not interfere with the transparency of the industry. Well-established math certificates and smart contracts can protect the privacy of buyers and sellers when disclosing sensitive information. Companies have to send marks but refuse to tell anyone involved in the business. Just like in modern trading, they know all the volume and the price, but not the buyers, products and sales.

We are proud of the innovative and explosive development in the DeFi arena. For this improvement to continue, the market needs to be wider and deeper. This means that the heritage involved must be added on a larger scale. but because it's not easyIn the world of blockchain, privacy is more and more difficult than open..

It is difficult to establish safe and secure financial protection, but there are advanced procedures, such as SSL, which can enable Internet financial services such as e-commerce. SSL made business more secure by creating a secure e-commerce environment for businesses, but before that the internet was not attractive to businesses. SSL makes websites more difficult in terms of security certificate and encrypted communication, but also attracts millions of users through security. This is also something DeFi should learn.