logo logo

WWCrypto provides analysis of the crypto market. In addition to tracking updates in the industry. WWCrypto provides the community with real time information and major events.


Digital Membership

Get unlimited insight reports trusted by experts around the globe. Become a Member Today!

View pricing plans

London, UK (HQ)

[email protected]


What is decentralized lending?

Answers (1)

Arsalan Afzal
Mar 01, 2022 18:12:42

Decentralized lending is a way of borrowing and lending money without the need for a third party, like a bank. This can be done through a variety of services that use blockchain technology to keep track of transactions. One of the benefits of decentralized lending is that it cuts out the middleman. This can save borrowers and lenders money on fees, and it can also speed up the process of getting money into or out of someone's hands. Decentralized lending platforms also typically offer more security than traditional banking systems. Because these platforms are built on blockchain technology, they are less likely to experience hacks or other security breaches.

Top Answer


You must be logged in to post a answer. Login