logo
logo
Sign in

No more intermediaries - Jenco Tech

avatar
Jenco Tech
No more intermediaries - Jenco Tech

The removal of intermediaries is one of the most significant advantages of DeFi. For example, the remittance fees will become much cheaper for the global population, especially those living overseas and may need to send money regularly. International transfers, such as Paypal, Xoom, Transferwise, and WorldRemit, are some of the apps that provide remittance services that are cheaper and faster.

“Utilizing DeFi is more beneficial since users do not have to follow centralized rules. Direct, peer-to-peer exchanges can occur, given that various values are agreed upon irrespective of the current offline values. Dealers or third-party mediators can also be utilized. However, transactional prices are significantly lower than when using traditional and offline institutions,” says Tony Jackson of Jenco, a decentralized service platform

collect
0
avatar
Jenco Tech
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more