Yes indeed, crypto and smart contracts will replace central banks as the lender of last resort. The blockchain is a bank with all the open distributed ledger technology in my opinion.

Binance Smart Chain apparently had some crashes this past week, so there are still loopholes in the system. It's not prefect yet. Loads of customers want a class action law suit against them.

NFTs are also a good platform for concert tickets and collectibles if DeFi loses ground, but this is still the early days of blockchain innovation.

Posted Using LeoFinance ^Beta