Benefits of dApp

DApp, with the role of running Blockchain and fully applying Blockchain, helps develop many industries in the future. A series of young projects are born, aiming to solve many limitations in each industry. It is evidence of the continued development of different decentralized applications

DApp uses peer-to-peer (P2P) networks to help give back ownership of the data users own. No third party can track, modify or intercept them.

Cutting the middleman will bring great financial benefits to users as well as large organizations, providing additional income opportunities for qualified freelancers, reducing expensive commissions as well as online scams for both partners.

For Blockchain and the crypto industry in general, DApps will evolve more and more thanks to its open-source nature and for the community. Therefore, the value DApp brings will expand day by day.

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EF1 is a Defi Platform that allows users to save, loan, borrow and pay Crypto Assets in a global network.