Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
On 31 Jan, it was announced that Unizen has secured funding from investment platform JUN Capital to start a crypto non-profit, CeDeFi Alliance.
The goal of CeDeFi Alliance will be to make crypto assets accessible on a large scale and drive the widespread adoption of blockchain technology, with a focus on compliance. It will unite decentralized teams together with centralized decision makers and encourage them to come together to cooperate, in order to reap the benefits of both industries.
CeDeFi, which stands for Centralized Decentralized Finance, is one of this year’s biggest blockchain trends. It combines the best of both worlds: traditional centralized finance (CeFi) organizations, and mature decentralized finance (DeFi) applications.
Through using CeDeFi, businesses can host several products and services on one platform, and deploy unique smart contracts, while at the same time lowering risks and offering quicker transactions.
It is also providing a gateway for new users to explore the DeFi space through presenting vetted trade opportunities that can be filtered by a number of different factors, such as Know Your Customer (KYC), and fees. This greatly reduces the barrier to entry for new participants in the space, and helps to build their confidence.
As a result of this, an increasing number of people are realizing that CeDeFi brings both the benefits of regulatory safeguards in traditional systems and the benefits of modern innovative financial infrastructure and products.
Both JUN Capital and Unizen have solidified themselves as drivers of the CeDeFi ecosystem, and are still
Read more on cryptonews.com