The role of intelligent contracts in decentralized finances (DEFI): Revolutionization of the blockchain landscape
We hate there, blockchain rice is leading to a new innovation in various industries. In most sensitive applications of blockchain there is integration of decentralized features (DEFI), a change in the paradigm, it is a change in the paradigm to the financial end of blockchain features. In this article, we will delve into the role of intelligent contracts in DEFI, study their benefits, potential traps and formed perspectives.
What intelligent contracts?
Intelligent contracts are self -control of contracts with the date of entrepreneurship of written code lines. The broadcasters introduced by Nick Szabo in 1998 and celebrate Cornston of Blockchain Technology. Intelligent agreements in the field of automation, transparency and immune, confirm financially complex executive and executive.
Decentralized finances (DEFI)
DEFI is a decentralized form of ecosystem on blockchain platforms, Binance chain and police. It provides access to transparency services without mediation or centralized control. Applications for DEFI are extended lender and residents, including various instruments and financial services.
The role of intelligent contracts in DEFI
Intelligent contracts play a key role in DEFI according to the adoption:
۱
- Decentralized exchanges (DEXS) : Intelligent contracts are alleviated by Peer-to-Peer trade for decentralized exchanges, substances of substance substance substance substance substance substance substance substance substance substance substance substance substance substance, sushiswap and curve.
- Toxenized butt : Intelligent contracts allow creating and are anise of damping assets, styles, stability or real estate.
- * Insurance: Dresses forward is the lender to offer by transport, safe and automated.
I have been granted intelligent contracts in the deficaire *
Integration of intelligent contracts is cheese benefits for the DEFI application:
- * The performance of the mouth:: Intelligent contracts automate the complex of financial transactions, reducing the need for brokering and increasing the speed of performance.
- Improved transparency
: The process of transparency and accounting has been used intelligent intelligent contracts based on blockchain.
- Improved Sekuria : Intelligent contracts are boiling at blockchain, which provides a racing handrail resistant to financial transactions.
- ** Decentralized topin management, replaced by DAO (decentralized autonous organizations), Almaree run by community.
* POLITED TAPS
While intelligent contracts are revolutionized in the DEFI landscape, YOS is challenges with Saveral:
- * Scalability: The growing demand for decentralized services is a lack of bulky advantage, white need to solve to solve infrastructure infrastructure.
- * regottors: as a default, regulatory frames, regulatory frames and there is a risk of dissatisfaction of concession concessions.
- Risk related to security : Intelligent contracts may be overcrowded for attacks without proper security measures; The ongoing intelligent markers are necessary and implementation is necessary.
future perspectives
The integration of war contracts in Defi hosts has a huge form:
- Increased adoption : As a steel, discover the benefits of decentralized financial indicators, adoption.
۲.
