Can ReoDefi solve many banking and crypto problems?
Riodefi is the platform that is creating a bridge between decentralized finance and people. The main target of this company is invite normal people into defi.
India is developing country in finance but still it is behind then many country in financial field. And Defi can change this. You can say that this is the best solution for them. James Anderson is the CEO of this company and he said that partnership with Vauld would be proven a Mill stone.
If you want to understand the system of how they are working on DeFi reach to more and more people then you have to check out it's roadmap, news/updates and whitepapers. Security, Interoperability and Adaptability are three major Architecture of it.
The main motive of them to create a world where people easily use Defi system. They want to join banking system with Defi. This is gonna be a possible soon. Not only ReoDeFi but other reputed companies are working to make it possible.
Application works fast and secure to complete transaction in less fees and giving better profit to saving account holder. Fun fact is Reodefi using polkadot.network which is good reputed in crosschain world.
India is the country with many youngsters. There are lots of passionate blockchain and crypto people who are working for blockchain since many years.
And these people played major role to remove crypto ban in the banks and finally it is become a reality. It is not easy task to remove the ban from the crypto banking ban in india. It is like fighting directly with government.
And these type of golden people will definitely help to improve Defi ecosystem in india. Well if you see the data on google then you can understand there are lots of mobile users are here. According to the World Bank, 190 million people in India country are away from the banking services. These people can be attracted from the transparency and Ease of blockchain. Because blockchain is the technology. And sooner or later we have to accept it.
RioDefi company aims to provide an open source platform for developers with digital assets lending, stacking,loans along with trading for payment of their payment systems & wallets for the people.
There are lots of platforms available in the market for development. But the problem is they are using high gas fees platforms like ethereum and this is what stops moving ahead to them.
Well the main reason behind the success of this company in india is partnership with indian companies. They are partnered with om holders which is you can say major player to better success crowd funding in india.
Well they will provide services like landing dapp, wallet and exchange which is depended on INR so it is gonna be a ease for indian users. And to make it possible they will list their RFUEL token to many indian exchanges. So this way it is gonna be a very easy to build dream project for developers.
Vauld founder darshan bathija said,
"RioDefi can solve a lot of banking and crypto problems. It can make crypto much easier, cheaper, reliable and faster with banking. We are very excited to be working with the RioDefi team."
Not only vauld and om holders but They are connected with blockwiz.in which is leading marketing company in india. They are working to more reach and building a community on large scale.
Well it's listed on uniswap on 28 september. It's made for special changes for Defi. You can visit iodefi.com for more details.
This community working hard to reach more audience in Defi sectors so that's why i really liked their works. So i think we can support them by promoting this community. This is not a paid review. I have just liked their works so i shared.
I want to know your solid opinions on this project. Thanks
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