Create highly secured, fully encrypted decentralized finance applications with us to boost your financial services offering.Devcentralized Finance (defi) or open finance improves access for everyone to all the financial functions such as borrowing, lending, trading, investment, and risk management without a need of inetrmediatory corporation
DeFi or Decentralization Finance is a term used for financial software built on the blockchain that can be aligned together. Most DeFi applications are built on the Ethereum blockchain, the world’s most popular programmable blockchain.
Instead of a central authority, the participants that comprise the network control the issuance of ether (ETH), the network’s native cryptocurrency, in a decentralized manner.
Main advantage is that there is no need for a intermediator or middle men and users can enjoy the benefits of various financial utilities such as loans, lending/borrowing, tokenization, trading and traditional peer to peer money transfer mechanisms. Since the applications are highly secured, fast and transaction fee is very low, it is quickly gaining popularity across the globe.
Decentralized Finance (DeFi) services of Quest Global Technologies provide autonomy and functionality with a set of agile tools that lessen the risk of brokerage firms and banks.
The decentralized public blockchain system of DeFi services governs every single transaction associated with that sector.
It removes the complex barriers of digital surveillance in several operations.
Decentralized Finance services can be used for various purposes in the financial domain of your business.
1. In Banking Services - Decentralized Finance services help in the swift integration of the Distributed Ledger Technology (DLT) with applications that bring many new participants in the realm of alternate banking.
2. In making independent and creative - Now Digital ledgers have replaced the monopoly of Fintech development from the grip of large corporations. And decentralized Finance is now enabled by the global democratic participation of the public. Quest GLT uses this advantage in the innovating modern concept of exchanges like NFTs (Non-Fungible Tokens).
3. In curtailing the economic uncertainty - DeFi services of Quest GLT helps you in buffering against Hyperinflation and the Devaluation of traditional currencies through blockchain investment. It refrains you from getting worried about the predictions of the Global Recession.
Though people say that DeFi poses a disruptive potential, Quest GLT ensures the safety of Decentralized Finance (DeFi) services through its correct coding of DeFi projects. You can highly rely on DeFi rather than traditional financial systems and investments. Our expert team helps in bringing the notice of everyone who is connected to the P2P network towards your blockchain investment.
We can upskill your employees in the world of finance to utilize these evolving paradigms and stay abreast.
Before start using DeFi services, you must know a few crucial points.
1. Need for a Digital Wallet - For utilizing the decentralized finance services you need a digital wallet that is compatible with Ethereum. Securing hundreds of NFTs and cryptocurrencies will be easy through a Digital wallet.
2. Purchase a DeFi crypto asset- Buying a DeFi crypto asset that is native to the Ethereum blockchain is essential. While purchasing keep the investment goal and risk tolerance in mind.
3. Connect the digital wallet with a digital exchange - After having a digital wallet and DeFi crypto, you can start trading on a decentralized exchange.
DeFi Applications help in eliminating the role of intermediatories by providing financial services
on blockchain network with maximum security and transparency and efficiency.
Most of the DeFi services are built on Ethereum based blockchain and created with solidity language at its core. Since it uses blockchain technology, it is highly encrypted, and automates the rules pre-defined in the contract, thereby eliminating the need of a central authority, promoting transparency in the system.
Core feature of any DeFi development involves eliminating intermediatories, hence Dapp development plays a critical role to as they are highly secure as compared with centralized applications
We are well versed in providing DeFi based a wallet system which ensures maximum security for the users by providing zero knowledge data security and unique customized keys / passphrases.
As the name suggests, all features of lending platform, like loan, fiat deposit mechanism, margin based trading with advantages of DeFi platform for better immutability, transparency and ownership.
Defi Vault system is just like your traditional fixed deposits, where crypto assets or fiat assets would be kept in a vault and it will generate a steady income as per the predefined interest rates and other defined conditions.
Liquidity plays an important part in financial world. Our uniswap replica utilizes liquidity pools to gain a reward, which is then distributed amongst the users of the platform. Our algorithms use advanced level of automated market making which ensures smooth functioning of the system.
Quest Global Technologies is a technological giant in the making and is continuously evolving by learning from our previous experiences.
Offer your clients the industry’s leading technology platform.