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2021-08-17 15:57:32

Can DeFi and CeFi Co-Exist?

With over $20 billion lost in DeFi due to vulnerabilities and improper auditing techniques, a lot of questions have been raised. Some are about the latest centralized and decentralized finance (CeDeFi) trend and how it can enhance the decentralized finance system (DeFi) that has gone mainstream by over 20% since 2020. Big game players and organizations have taken a huge step to implement this proposition. They’ve provided a more flexible option for developers to build scalable products using blockchain technology. However, this move will prove to be a game-changer. Prior to now, most governments have been lackadaisical about the concept of blockchains, crypto, and DeFi because of its limited adoption of KYC and AML policies. But the question on people’s minds is, will the collaboration of CeFi and DeFi bring a whole new world and innovation to the blockchain financial ecosystem? Enter CeDeFi CeDeFi is a fusion between centralized and decentralized finance. It allows the trade of evaluated projects or tokens under the umbrella of reputable centralized exchanges. In a practical sense, CeDeFi is the technological trend powering the emergence of new generation smart exchange ecosystems that solves the existing problems of DeFi solutions. For instance, Unizen, which is one of the leading CeDeFi solutions on the Binance Smart Chain network, combines effective decision-making tools, and the positive advantages of CeFi and DeFi to pro...

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