Sep 25, 2020
2 min read
CloudCoin Consortium exploring DeFi applications
Decentralized finance, or “DeFi,” has surged in popularity during 2020, growing from around $700 million in total locked value to over $10 billion.
CoinDesk calls DeFi, “an umbrella term for a variety of financial applications…geared toward disrupting financial intermediaries,” which sounds very much like CloudCoin’s mission of providing faster, cheaper and more private financial transactions.
