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One of the main use cases for decentralized finance (DeFi) has been lending. This typically involves crypto investors using their holdings as collateral to take out a loan to (often) invest in more crypto. This is all done programmatically via smart contracts but it has all seemed far removed from traditional finance. But in April, we had the world’s first real estate transaction conducted via DeFi.
Our next guest on the Fintech One•On•One podcast is Kirill Bensonoff, the co-founder and head of product at New Silver. He was the driving force behind this transaction and, as you will learn in this episode, is 100% committed to bringing more real estate transactions to DeFi. He sees many advantages which is he discusses in some depth on this show.
One of the main use cases for decentralized finance (DeFi) has been lending. This typically involves crypto investors using their holdings as collateral to take out a loan to (often) invest in more crypto. This is all done programmatically via smart contracts but it has all seemed far removed from traditional finance. But in April, we had the world’s first real estate transaction conducted via DeFi.
Our next guest on the Fintech One•On•One podcast is Kirill Bensonoff, the co-founder and head of product at New Silver. He was the driving force behind this transaction and, as you will learn in this episode, is 100% committed to bringing more real estate transactions to DeFi. He sees many advantages which is he discusses in some depth on this show.