Introduction
The act of borrowing and lending which exists among individuals around the world can be traced back to early forms of transactions. However, it has remained an essential component of daily life and the survival of the human species in terms of satisfying wants and needs on a daily basis. The dynamics and mechanisms of transaction methods have also undergone significant shifts, ranging from the traditional trade-by-barter methods to the use of coins, fiat currency, MasterCard, and now cryptocurrency. The innovation known as cryptocurrency, which was developed using blockchain technology, has been of enormous assistance to the financial sector in the global economy with emphasis placed on the latter. The web3 space followed new inventions on a daily basis as this advancement continued. NFTs, the metaverse, virtual reality, speech recognition, and a lot more are currently in the works in this web3 space. This demonstrates the evolution of human invention and innovation over time. Stepping in to use these developments to the advantage of clients, a gathering of engineers made the Paribus stage with astonishing elements, to house getting and loaning utilities, NFT, metaverse components on its framework.
