Without Decentralized Databases DeFi is not possible and here we would need to take help of the Bluzelle



Everywhere in Cryptospace nowadays we all hear the hype of the Decentralized Finance (DeFi) and no on is talking about how these all DeFi protocols would survive without any Decentralized Storage or Decentralized Databases which would be must to store the data which is really essential to run these protocols.

DeFi cant survive without Decentralized Databases of Bluzelle

In an interview Currently Pavel Bains clearly stated that Bluzelle is working on specific ways for Bluzelle to benefit DeFi and in his own words,  “We are finishing off our incentivized testnet under the name Swarm of Duty. We will be launching staking rewards next with the ability to delegate. Then we will be launching the mainnet so production-ready Dapps can store their data. In addition, we are working on specific ways for Bluzelle to benefit DeFi.”

This is really indicative statement that Bluzelle is working to give a good backend support to these all DeFi protocols, and being Airbnb to the data Bluzelle has all the required perimeters to provide Decentralized data storage solutions to these DeFi projects and protocols in an easy way.


Rapid growth of the community clearly state that Bluzelle is gaining appreciation and would be a shining star of the DeFi scenario 

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Recently after providing staking on its onnet Bluzelle is now defining the terms that they are entering to many DeFi protocols and many upcoming partnerships will surely prove the things were really meant to be hinted us all here that Bluzelle is not only Airbnb of the data but also Bluzelle is the only way to give storage solutions to the DeFi protocols.

 

 

||Astu||

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Cryptozeean
Cryptozeean

Crypto Enthusiastic from Mumbai


DeFi is good but beware of the scams
DeFi is good but beware of the scams

Yes !!! Everyone in the crypto space talking only about DeFi nowadays that is really good part to be on transparent and tamper-proof blockchain layer if connected with community authorized Decentralized Finance for all of us here but take care of the facts that it also attracted many scammers to start scamming innocent people trapped for the easy money. People in the greed of easy x5 and x10 profit started investing closed eyes on the name of the #DeFi and that could lead us to the 2017 fake ICO scenario.

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