How does Defi Lending Work?

As organizations started experimenting with Blockchain’s potential, the financial sector has also presented the need to build blockchain-based fintech applications. By covering almost all the financial services from online payments to cryptocurrency trading and storage, Blockchain is set to transform the traditional finance system. With the emergence of Defi (Decentralized Finance), Blockchain has grown to be even stronger.

With lots of excitement generated already in the market, Defi has kept powering ahead and attracted an impressive capital amount since 2020. According to Defi-Pulse, the Total Value Locked (TVL) in Defi protocols is at $20.46 billion today, up from less than $1 billion a year ago. The focus point here is that Defi has grown more than twenty folds in a year, clearly indicating the amount of popularity Defi has surged.

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HOW DOES CLOUD COMPUTING IMPACT HEALTHCARE INDUSTRY?

With a vast amount of private and sensitive information, the healthcare industry is most challenging to modernize. As the fastest growing industry, the rise in demand and supply of solutions has facilitated a high healthcare transition with innovative technologies. Cloud computing is one such technology that is tremendously growing in the healthcare sector. Moreover, the healthcare industry has witnessed a significant impact in fulfilling two meaningful goals, offering high-quality care and delivering cost-effective solutions. Cloud computing offers enhanced security . The on-demand computing feature of the cloud adds value, especially when healthcare institutes and care providers need to deploy, access and handle network information at the drop of a hat. With the rise in demand for data-based security, there needs to be a shift in the creation, usage, better storage, collaboration, and sharing of healthcare data techniques. It is where cloud computing leaves no stone unturned!

STEP-BY-STEP GUIDE ON HOW TO DEVELOP AN NFT MARKETPLACE PLATFORM

NFT marketplaces will continue to gain prominence in 2021 and NFTs are growing as a new asset class in the crypto space. NFT marketplace platform is a decentralized platform that allows users to create, buy, sell and store non-fungible tokens. NFT marketplaces are focused on selling specific assets. For example, the Valuables NFT marketplace allows users to buy and sell tweets.Niche marketplaces are gaining a lot of traction as they have a clearly defined target audience. Therefore, you should think about the type of platform you will launch before building an NFT marketplace.

WHAT IS HEALTH INFORMATION EXCHANGE (HIE)

Electronic Health Information Exchange is a system that allows doctors, nurses, health care providers, pharmacists, and patients to access and share the patient’s medical information. This sharing mechanism undergoes greater efficiency and speed, high quality, cost of patient care, and safety.

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