By cryptogazette.com on March 31, 2020
With the recent DeFi movement (Decentralised Finance) gaining traction on the Ethereum network, it is clear that the loan industry as a third party will become obsolete. The possibility of being able to get a loan without the need of interacting with a middle man is truly powerful. DeFi is one of the largest growing sectors in blockchain, reaching last year over a billion dollars locked in as collateral in Ethereum (ETH) alone. This number will surely grow in the future, and certainly puts in perspective projects like Ren (REN) which focus on extending access to other types of collateral
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