CeDeFi

Unizen set out to collaborate with Jun Capital to create CeDeFi Alliance, a cryptocurrency nonprofit with a focus on decentralized finance, aka DeFi, compliance in its market.

What is CeDeFi?

CeDeFi is one of the biggest trends of 2022 in the blockchain industry. CeDeFi aims to bring the benefits of regulatory measures found in traditional and centralized financial systems (CeFi) to the modern and decentralized finance (DeFi) sector. Its name comes from a combination of these two.

The main difference between CeFi and DeFi is that CeFi requires the trust of a third-party intermediary whereas DeFi works with a protocol-based blockchain.

Learn about DeFi more to understand the difference of CeDeFi.

Advantages of CeDeFi

Although CeDeFi mainly aims to combine the best aspects of centralized and decentralized finance, it also has other advantages:

• Reducing transaction costs,
• All products and tokens minimize the risk of fraud because they are regulated by the stock market.

How Will CeDeFi Work?

CeDeFi Alliance will work to connect centralized and decentralized groups. The project is managed by Unizen and Jun Capital. Last year, Unizen and Jun Capital collaborated with Zenx Incubator for the first decentralized team.

CeDeFi will continue to grow in the years to come, and the CeDeFi Alliance will play an important role in this growth. While the focus was initially on financial applications of the decentralized approach, innovative use cases in other industries will come into play over time.

If the major actors in the centralized and decentralized sector can come together and meet on satisfactory common ground to form a partnership, it is predicted that it will be a big step forward for blockchain technology and digital assets.