π§Barriers to DeFi
Existing traditional financial systems include significant inefficiencies, complexity of use, high fees, and limit the interface between digital and financial assets. New utility platforms are required to build financial independence as we move into the rapidly evolving world of Web 3 and the internet of money.
Central to this is the ability for the self-custody of both digital and fiat assets, with individual choice for how assets are transacted and used for real world payments, notably between legacy Web 2 infrastructure and evolving Web 3 services.
The existing De Fi space features limited options for individuals to utilise safe, reliable and user-friendly platforms when interfacing between digital and fiat assets.
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