Why Does Decentralization Matter?

In a world where centralized institutions have so much control over our finances, the idea of decentralization is incredibly appealing. With blockchain technology, we finally have a way to transfer money and assets without having to rely on these centralized institutions. This makes the system more secure and censorship-resistant, which is why so many people are excited about its potential in the financial industry. DePocket is one example of a decentralized financial application that could help bring blockchain technology to the mainstream.

DePocket is a simple decentralized dashboard that allows users to monitor, track and get analytics on all of their DeFi assets in a single app. DePocket’s mission is to make DeFi more accessible through the DePocket dashboard as well as our blockchain API.

DeFi refers to all crypto financial infrastructure built on top of a Decentralized Infrastructure. DeFi includes decentralized exchanges (DEXs), stablecoins, futures markets, lending protocols & programs, and DeFi projects that provide banking services on the blockchain. DePocket focuses specifically on DeFi marketplaces where people can access all of their assets without dealing with some of the traditional issues associated with centralized DeFi platforms such as counterparty risk, credit risk, security vulnerabilities, identity theft and loss of privacy. DePocket’s goal is to greatly reduce counterparty risk for DeFi users as well as improve the user experience of DeFi through a high-quality DeFi dashboard that provides one access point for all DeFi assets.

In order to have a truly decentralized financial system, we need more DeFI platforms that are easy to use and provide the same level of security as their centralized counterparts. By making DeFi more accessible, DePocket makes it easier for mainstream users to harness the power of blockchain technology and actually impact our day-to-day lives instead of just being an abstract concept only discussed in cryptocurrency forums.

DePocket’s vision is to lead the way into this new decentralized financial world by providing tools & services that make DeFi easier to use for everyone. DePocket & DeFi are very closely tied.

A decentralized future is one where people are in control of their own lives and destiny. It is a future where technology has allowed for the decentralization of many systems that were once controlled by governments or corporations. This includes everything from food production to energy generation to education.

In a decentralized future, people are connected to each other and to the resources they need to survive and thrive. They are self-sufficient and autonomous, able to make decisions based on their own needs and values. This is a future where technology has freed us from the chains of centralized authority, and we are finally able to live as we choose.

What do you think? Will decentralized systems free us from the chains of centralized authority, giving us more control over our lives and destiny? Let us know and let’s start a dialogue.

--

--

--

An Integrated Defi Platform, to better manage and invest your assets across Multichain & Multiwallet.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Partnership with Monsters Clan details

The aim of this project is to link multiple chains in the most basic way possible (with intent to…

Sportzchain

Why Blockchain isn’t mainstream yet?

NULS and YVS Finance Form Partnership

Cardano & Meld Explained in simplest way possible

Understanding PLR Utility Part II: Pillar Payment Network, Synthetic Asset Exchange + Relayers

Zero to Hero: Web 3.0 roadmap

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DePocket

DePocket

An Integrated Defi Platform, to better manage and invest your assets across Multichain & Multiwallet.

More from Medium

Announcing Vault Hill IDO on MaticLaunch — Whitelist Now!

Danny’s Rush Rank-a-thon

CRYPTO SYZYGY : AMA Session With DragonSB

Moebius Whitelist