MakerDAO’s Dive into Real World Assets

Integrating traditional finance and blockchain technology is arguably one of the most significant roadblocks to the long-term adoption of cryptocurrency. Building the necessary infrastructure is cumbersome, but it is also challenging to develop compliant protocols that do not corrupt the inherent decentralization of DeFi. MakerDAO started breaking down the barriers between the real world and the Ethereum DeFi ecosystem by collateralizing real world assets in the form of real estate, invoices, receivables and recently commercial mortgages and business loans. In a historic move, MakerDAO approved Huntingdon Valley Bank as the first U.S. bank to connect to the DeFi ecosystem.

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