Field of study: Bachelor of Technology in Computer Science & Engineering
University: Lovely Professional University
Work experience: 3 years
Current affiliation: Hyderabad DAO
Current position: Co-Founder
Why is DeFi interesting?DeFi has the potential to disrupt the traditional financial system. It could make financial services more accessible and affordable for people worldwide & It is still in its early stages of development, which means there is a lot of potential for innovation. Also, DeFi is not controlled by any one entity, which makes it more resistant to censorship and fraud. So, in my perspective, it has a huge potential to revolutionize the traditional financial system.
Your touchpoints with DeFi so far: Transparency: DeFi transactions are all recorded on a public blockchain, which makes them transparent and auditable. Efficiency: DeFi transactions can be processed quickly and cheaply, without the need for intermediaries. Accessibility: DeFi is open to anyone with an internet connection, regardless of their location or financial status. Security: DeFi is secured by cryptography, which makes it very difficult to hack.
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