Scaling the decentralized project: interview with the WanSwap team By BTC Peers – Investing.com

Scaling the decentralized project: interview with the WanSwap team By BTC Peers – Investing.com

Scaling the decentralized project: interview with the WanSwap team

While there are numerous practical ways of how to use blockchain technology in the business setting, setting up an own blockchain-based business may be a bit more daunting. Above all, this requires a solid business proposition – the one that will be able to catch the market value in a transparent, reliable and accountable way. According to market statistics, even though the year-to-year fraud rate sunk by more than $2 billion in 2020, the risk of being hacked in a blockchain space still pertains to the maximum due to a large amount of shadow activity in the field.

The course of affairs is likely to change only once a rigid regulatory framework comes into force (perhaps, even the year 2021 will give the first seeds of change?); until that time, however, investors will still remain literally stripped faced with the threat they cannot ward off on their own. And, while among private investors decentralized business models bear particular attractiveness, large institutional investors and hedge funds still hesitate to get their hands tarnished.

Despite this, some assertively claim that blockchain and Decentralized Finance (DeFi) are the biggest tech trends of the century. They bear even