Cryptocurrency’s promise to the world is to make money and payments universally accessible to everyone, without any geographical barriers. Decentralized Finance (DeFi) takes that promise a step further. DeFi is a rapidly growing industry and a large part of its success relies on a DeFi wallet. Imagine that you provide your users with a global, open alternative to every financial service...

1. Identify the issue and establish a goal You must be aware of the problem your DeFi wallet should tackle. Find out how the DeFi wallet will accomplish its goal once it is ready. Before your team begins the real development, hire DeFi wallet services and a seasoned business analyst to assist you. Selecting the Archietecture Selecting the ideal host for your DeFi wallet is one of the most...

DeFi has replaced traditional banks, brokers, exchanges, and financial institutions. According to statistics, the number of DeFi users worldwide is estimated at 4.87 million in 2022, and growth of the DeFi market is estimated to happen at a CAGR of 42.5% until 2030. This means it will open avenues for investors to capitalize on their investments and earn profits from them. The segment's growth...