Unido EP (Enterprise Platform)- The Gateway for Institutional DeFi Access
The exponential growth of the DeFi space has posed significant challenges to the world’s leading blockchain networks. High transaction volumes and long processing times can lead to technical complications that may deter new participants from entering the blockchain space. This is particularly true for DeFi applications. Here we discuss how Unido offers a viable way forward.
Recent crypto briefings, press releases, and project updates are replete with news on the issues and challenges that are preventing the growth and adoption of blockchain, cryptocurrency, and decentralized finance (DeFi) applications. Exorbitant transaction fees (gas fees on the Ethereum network) and long transaction times can inhibit the growth and cost-effectiveness of projects running on high-usage blockchains such as Ethereum which, as the first smart contract-powered blockchain, has enjoyed first-mover status for many years now and has long been the blockchain of choice for new projects.