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Showing posts from December, 2020

Artem Finance - An Ethereum based Lending Platform and all Cryptocurrency Lending

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  The real essence of blockchain and cryptocurrency is to distribute decision-making powers from central authorities and big powerhouses through decentralization. One of the more interesting features of cryptocurrency is that it can't be controlled by any middlemen or authorities. On platforms like Bitcoin network where the framework is peer to peer, the transfer of real value does not require the contribution of any central power, since the lending platform is approved by a distributed set of miners that exist on the system. Sadly the concept of decentralization which exists as the basis of cryptocurrency has not been completely adopted in cryptocurrency exchanges. Majority of popular lending with massive volumes are designed on a centralized framework rather than on decentralized framework.  While blockchain technology has been remarkable for business and administration because of the level of transparency and security, it is still up to cryptocurrency exchanges and their clients