For us who use Decentralized Finance (DeFi) as a common term, we know it represents an enormous shift in how we transact with one another: borrowing money, exchanging currencies, how we view insurance, etc. While total assets involved in DeFi still seem to be increasing right now, there are various factors that will prevent us from growing further.submitted by BondlyFinance to u/BondlyFinance [link] [comments]
DeFi’s largest barriers for adoption
Interoperability — Right now Ethereum gas fees seem like they are always increasing and ETH 2.0 may still be 6 months or more away. We need the ability to make DeFi more accessible to individuals who can’t afford high gas prices per transaction and start including native blockchain assets that are stranded on other platforms.
Trust — Unfortunately our biggest issue is still trust. While none of us in crypto expect to know the identity of the other party, many of us just send funds to people we don’t know for vague promises of more wealth. In fact, the biggest type of fraud is still the “giveaway scam” which asks offer to send something back — but its only an offer, there is no guarantee. This is totally unsustainable.
What about doing business outside of crypto?
Ultimately, DeFi doesn’t keep going unless we create methods for non-crypto native businesses to integrate. While the community might approve sending crypto to each other without a safety in place, this will never work for 99% of online marketplaces.
So we need:
Bondly is a brainchild of over 3 years of working in fintech digital escrow payments + love for native DeFi. Adding our cumulative 13 years of traditional financial services, 6 years of eCommerce marketing, 4 years of Ethereum blockchain development, we think this will be one of the most important next steps in DeFi.
What is Bondly?Bondly is a trusted, transparent and portable swap protocol designed to make you into a marketplace.
Our family of trust-enabling, DeFi products are designed to be a part of your everyday buying and selling activities, giving you piece of mind for your next swap or online purchase.
BONDSWAP (BSWAP)Similar to Binance OTC Trading Portal but directly on-chain and can be sent via any chat app using different blockchains
Wallet to Wallet trustless Over the Counter (OTC) trades that are performed by signing a smart contract. Completely portable smart link can be sent via a chat app or on your favorite social media. It will first support all ERC-20 tokens and NFT (Ethereum) then eventually
With BSWAP you can:
BOND DEXSimilar to Mooniswap but includes rewards token provided to Liquidity Providers on top of fee share
Interoperable Decentralized Exchange (DEX) thats easy to use and blockchain agnostic. Requires liquidity provider (LP) participants to pool assets for a portion of transaction fees along with rewards APY rewards. Our pricing engine will compare major cross chain swap options and will let you know the best one to use (even if its not us). Validation is done directly within your Web3 browser (with Metamask) or polkadot.js based Native Wallet.
With BOND DEX you can:
BOND PROTECT (BPROTECT)Similar to Paypal/AliPay Express Buyer Protection combined with Escrow.com with a simple UX like Zapper.fi or Zircon
This is our most revolutionary product that we feel will have the largest impact to the eCommerce market.
PROTECT is decentralized escrow and buyer protection for customers of crypto friendly marketplaces.
How does BOND PROTECT work?For individual OTC Trades:
Bonding with PolkadotAs our ‘sibling’ projects Darwinia and Bifrost have realized, Polkadot and using Substrate represents a phenomenal step forward in interoperability.
In a future article we will talk more about our Kusama testnet release.
Whats next for BONDLY?BONDSWAP for Ethereum, the first formal product release, will be available soon (so hold off on your OTC transaction until then). This will include support for the Bondly staking program. Detailed roadmaps for the other products will be announced soon!
In the meantime we will be making additional articles (but not limited to) the following topics:
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.submitted by CryptoHamstereu to u/CryptoHamstereu [link] [comments]
Trezor was the first Bitcoin hardware wallet ever created, and it is known for its top security features which protect your BNB coins against virtual and physical theft. It is no doubt one of the best Binance Coin wallets if you are keen on having the greatest security available. Trezor is a small device with buttons and an OLED screen which can be connected to your computer via USB port. You ... Another wallet designed with bitcoin beginners in mind, Airbitz is an open-source mobile wallet available on Android and iOS devices. If you’re new to the world of cryptocurrency, this app offers a similar level of user-friendliness to what you’d expect from your bank’s mobile app, allowing you to quickly and easily manage your bitcoin. Read our review of what you need to know about the Binance cryptocurrency exchange, including its usability, fees, potential security risks and more. Binance’s free app makes it easy for simple trades and complex bitcoin trading for professional traders, with future features planned for release soon. I hope this information is helpful. Let us know if you have any other questions about Binance. W e will give you specifically the following, bitcoin private key finder online tools, this tools will help you to recover lost bitcoin funds from personal and dormant wallet addresses and we advice that you do not use our tools the wrong way. Bitcoin private key finder 2020 is the latest version of the available tools and what this tool does differently is that is faster more reliable and ... So findet man seine Bitcoin Adresse Dieses Problem dürfte so ziemlich jeder Nutzer von Bitcoin kennen: man hat sein persönliches Bitcoin Wallet eingerichtet und möchte sogleich mit den ersten Transaktionen loslegen. Man wird dann aber sogleich zunächst vor die große Frage gestellt, wo denn eigentlich die eigene Bitcoin Adresse verborgen ist. Die Antwort ist aber…
[index]          
In this video: Deposting Bitcoin to Your Binance Wallet Address. We go step by step and deposit Bitcoin to Binance Wallet Address. How to fund binance account. Binance Link: https://www.binance.com/en/register?ref=JB0Q60W2 In Teil 1 von "WIE kaufe ich Kryptowährungen?" zeige ich euch, wie man sich bei Binance regist... This video explains how you can buy Bitcoin via credit card and send the Bitcoin directly to your favorite wallet. I used Binance BTC wallet as an example. O... Binance new crypto launch Cryptocurrency new coin launch #cryptocurrency #binancecoin #Bitcoin Part 1 of video tutorial on how to transfer Tokens to Coins Ph: https://www.youtube.com/watch?v=kwhtV3-h5ds Trust Wallet: https://share.trustwallet.com/sFOSu... Binance Sign-up: https://www.binance.com/?ref=11298765 Trust wallet is a decentralized secure cryptocurrency mobile wallet. Within the Trust wallet, you ca... Know how to transfer from Binance to Coinbase. This video will help you move your coins from Binance to hardware wallet or other exchange. In this video, I s... Kostenlos bei Binance registrieren http://bit.ly/Binance-Start In diesem Video zeige ich Schritt für Schritt wie ihr auf euer Bitcoin Wallet bei Binance ei... Brief intro on how to get any coin wallet address to deposit funds to. In this example I'm using Binance Exchange and wallet address ETH- Ethereum In order t... Binance findest du hier - https://goo.gl/86HNDK Krypto verstehen lernen - https://goo.gl/hGPpnE Bitcoin.de Wallet - https://goo.gl/s6wMpq Folge mir auf T...