AVA LABS, ADOPTION OF DAPP DEFI IN LATIN AMERICA

Avalanche Portugues
2 min readJun 2, 2020

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A quick search for the expression “DAPP DEFI” on Google returns about 4 million results in less than half a second, and the importance of the area grows at the same speed as the expression can be pronounced. This content is equivalent to that of the population of Uruguay, perhaps due to the fact that there are numerous theories about what DAPP DEFI is and how the sector should continue to revolutionize trade.

I see the DAPP DEFI sector as a perfect attractive combination of financial services and technology. Perfect because new technologies are replacing and enhancing traditional methods of using money with smart payment experiences. Attractive because banks, payment technology companies, digital giants and startups are looking at these fuzzy limits as a breeding ground for innovation — and the opportunity to revolutionize is quite attractive. Consumers are also increasingly attracted to what is convenient and cool, and serve as a continuous inspiration to all digital chefs who reinvent an already very competitive sector. Luckily, there are two ways to make this happen — either through interesting new products and services, or by adding elements of big data and artificial intelligence to improve them.

Looking closely at the financial market, we noticed that creative ideas and unconventional business models should result in major advances.

There is a lot of incredible things ahead, I quote AVA Labs that intends to build the Internet of Finance through an innovative platform, which will enable the launch of decentralized financial applications and corporate Blockchain deployments in an interoperable and highly scalable ecosystem.

The world, in particular, Latin America lacks a decentralized financial system, without intermediaries. AVA Labs, through DAPP DEFI, will be a good response in the short term, as they will offer the same services, such as loans, but in a decentralized manner. Until then, it is the most concrete way to “bank the unbanked”.

Transparency in the collateralization of assets, in addition to the impossibility of having to pay for unwanted products, are some of the advantages that put the DEFI DAPP far ahead of the banking sector, in particular the fact that banks are not subject to shady services alone. presents as a great improvement, therefore AVA Labs will contribute to the popularization of DAPP DEFI by Latin America.

Aviso Legal

“Esse artigo é meramente informativo e não é uma recomendação de investimento, o mercado de criptomoedas é bastante volátil e você deve pesquisar e decidir por si mesmo em que investir, especialmente em mercados de alto risco”.

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Avalanche Portugues
Avalanche Portugues

Written by Avalanche Portugues

Aviso Legal: Todos os artigos são meramente informativos e não são recomendações de investimento. Você deve pesquisar e decidir por si mesmo em que investir.

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