The decentralized finance (DeFi) movement has been at the forefront of alteration in the blockchain industry. They have no permission, meaning that anyone (or anything, like a smart contract) can interact with an Internet connection and a supported wallet. Moreover, they generally do not need to trust any patrons or intermediaries. Each platform will have its own set of rules for this, and furthermore, they typically operate with a concept known as collateralization. It means that the borrowers must assemble more value than borrowing.
Merkle Science provides transaction monitoring and intelligence solutions related to blockchain for cryptocurrency service providers, government agencies, and financial institutions. They help disclose, scrutinize, and prevent the use of crypto assets for money concealment, financing for criminal activities, etc.
As a synchronized financial institution, it is one of the various inventions to secure that only authorized transactions occur on our platform. This empowers us to conduct oversight with both local and global cryptocurrencies such as the Financial Action Task Force (FATF) travel rules, thus managing a more transparent environment for our community.
With its many platforms and projects that have not seen users lending around global interest rates to banks, margin trading, and investing for decades, DeFi has finally understood its founding principles by governments.
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