Crypto Lending: The Solution to Banking Woes? – NullTX
- With the rapid growth of the cryptocurrency space, more and more niches and industries are seeing legitimate disruption from startups and projects leveraging blockchain.
- I’d like to see them innovate,” said Yablon, “The SALT model looks at the niche around consumer lending and a more traditional model initially, and an institutional model… that requires some level of centralization and regulated custody, as it always will,” he added, in an interview with NullTx.
- Despite these concerns, more and more individuals are trusting these companies with their holdings, and earning legitimate interest for doing so.
- This growth is happening alongside that of the Decentralized Finance (DeFi) initiatives, which are leveraging blockchain to facilitate these services in a peer-to-peer manner.
Read full article: nulltx.com