One of the killer applications for blockchain technology is decentralized finance (DeFi). The DeFi movement allows the democratization of functions that were traditionally reserved for large, centralized financial institutions, such as borrowing and lending, derivatives, margin trading, and insurance. Since DeFi platforms make use of smart contracts, they need a reliable blockchain to run on. […]The post Five Layer-1 Blockchain Options for DeFi to Watch in 2020 appeared first on The Daily Hodl.
