Credit is human rights. Can it be realized through a DeFi project named Da Gama?

Advertisement

Credit is human rights. Can it be realized through a DeFi project named Da Gama?

Advertisement

The right to credit is a human right, said Professor Yunus, 2006 Nobel Peace Prize winner and President of Grameen Bank.  

This is the core of the DeFi. Through blockchain technology and smart contracts, it is possible to build a decentralized open financial protocol, so that everyone in the world can carry out financial activities anytime and anywhere.  

Recently, a Defi project called Da Gama appeared in the cryptocurrency community where Bitcoin was born. They described the vision in the forum:  

“Building an inclusive financial platform that everyone can participate in, regardless of nationality, region, race, social status or personal wealth”.  

How to realize?  

They plan to build a DeFi aggregation platform with multiple functions of Staking, lending markets, Dex, derivatives trading, wallets, synthetic asset issuance, decentralized forecasting, crowdfunding, insurance, and so on. Interoperability and programmability based on blockchain technology allow these product modalities to stack with each other like Lego blocks to create more innovative financial products and form strong synergies with each other. It also better interacts with other free-license open financial protocols. According to their conception, achieving this vision requires four objectives, as shown in the figure:

Do you think it can be realized? Welcome to discuss it together.

Updated 12:14 AM UTC+8, 29 Sep 2020
Advertisement
Crypto Staff
Crypto Staff
Contributor
 
Only Published crypto-related and blockchain-related articles, sponsored or non-sponsored articles on KenKarlo
Advertisement
Advertisement
Shopee.ph Ad
Shop Now

Featured Stories

Advertisement

Recent Stories

The Effect of Cloud Computing in the Online Casino Indust...

2021 Edition: 7 Ways to Improve Communication with Co-Wor...

The Difference Between Baccarat and Mini Baccarat

What Underlies a Music Streaming App Development?

Common IT Mistakes made by Small Businesses

Startups

ARNO Token

Coin98 (C98)

Tycoon (TYC)

PointPay (PXP)

Winsshi (WNS)

Coins.ph

Recent Stories

The Effect of Cloud Computing in the Online Casino Indust...

2021 Edition: 7 Ways to Improve Communication with Co-Wor...

The Difference Between Baccarat and Mini Baccarat

What Underlies a Music Streaming App Development?

Common IT Mistakes made by Small Businesses

Startups

ARNO Token

Coin98 (C98)

Tycoon (TYC)

PointPay (PXP)

Winsshi (WNS)

Coins.ph

Technologies

The Effect of Cloud Computing in the Online Casino Indust...

Common IT Mistakes made by Small Businesses

Overview of the flow value public chain FLOWCOIN

Importance of Blockchain Technology In the Future of Soft...

A new technology leader of Web3.0? Omnipotent public bloc...

Advertisement

Cryptocurrency

Alternative Investment Options That Are Worth Considering...

Bitop Research: Current Trends Not-to-be-Missed in the Bl...

RealLink: The Better Cryptocurrency of Next Generation

Thinkium is proud to announce a breakthrough of “Imposs...

Zild Protocol To Be Launched On World's Fifth-Largest Exc...

Shopee.ph Ad
Shop Now

Gaming

USDT Is A Game Changer For Online Poker

Supporting the Growing Blockchain Gaming Industry, BitMax...

How to Buy Cheaper Steam Wallet Code using Paymaya (2021 ...

6 Ways VR Can be Dangerous to Users

How to buy Steam Wallet Code using Palawan Pawnshop

Advertisement

Categories

Digital Marketing

Technology

How to

Social Media

Blockchain

Press Release

Tech News

Business

Startup

Reviews

Gadgets

Security

Finance

SEO

x
By using this website, you agree to our Terms and Conditions and Privacy Policy.