TLDR
Bloom was at the forefront of decentralized identity, with a solution in the market in 2017. OnRamp makes it possible for DeFi companies to access and rely upon verified credentials, which were previously only available to traditional financial services organizations, such as KYC, sanction screening, financial verifications, etc., as part of their onboarding process. The idea of decentralized finance is now being recognized as a critical shift in the way financial markets are going forward. There is a lot to unpack here as we move forward, but there’s no question that DeFi parties have developed in an environment ahead of regulation.via the TL;DR App
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Written by ishanpandey | Building and Covering the latest events, insights and views in the AI and Web3 ecosystem.
