One way to showcase the true value of decentralized finance (DeFi) is by building useful applications. During a recent hearing, representatives inquired about both financial and non-financial use cases for blockchain technology. It was an honor to field questions and delve into The Value Prop, an open database that documents various use cases for blockchain-based applications across multiple crypto networks, including Ethereum, Bitcoin, and more.
While speculation can be exciting for many individuals, it is crucial for the industry to move beyond mere hype and focus on creating tangible value through DeFi. By developing practical applications that solve real-world problems, the transformative potential of decentralized finance can be fully realized.
