The solution is called the “internet financial system,” or IFS, which combines the best of DeFi and traditional finance (TradFi) in one unified network. An idea championed first by Chris Burniske, IFS is built on open crypto rails and preserves blockchain’s most important attributes such as decentralized settlement, self-custody, transparency and composability.
Related posts
-
Crypto for Advisors: DeFi Yields, the Revival
Crews Enochs, from Index Coop, discusses the revival of DeFi Yields and D.J. Windle answers questions... -
2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities
On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs,... -
CEO of Loka Mining on Bitcoin’s DeFi possibilities
Speaking to crypto.news in an interview, Andy Fajar Hardika, CEO of Loka Mining, discussed the evolution...