The ReDeFi project is trying to solve the problem of financial exclusion. It is a new financial system that is built on top of blockchain technology.
More accessible
and affordable.
ReDeFi is designed to be more accessible and affordable than traditional financial systems. Designed to be more transparent and accountable.
A new financial system built on top of blockchain technology.
Decentralization
ReDeFi is not controlled by any central authority. This means that it is more resistant to fraud and censorship.
Transparency
All transactions on ReDeFi are public and can be verified by anyone. This makes it more difficult for fraud to occur.
Efficiency
ReDeFi transactions are processed much faster than traditional financial transactions. This is because they are not subject to the same regulatory and compliance requirements.
Cost-effectiveness
ReDeFi transactions are much cheaper than traditional financial transactions. This is because they do not require intermediaries, such as banks or brokerage firms.
According to World Bank research
The costs of sending money abroad (remittances) accounted for 6.8 percent of overall costs in 2020.
Every time a payment of $200 is made, $13.60 in fees are deducted from the total money sent abroad.
The higher the cost of using money, the less money remains in the hand and an empty wallet cannot buy food and medicine.
People in developing economies have the same rights to financial services as in any other economy. The ReDeFi’s goal is to ensure that people around the globe have the same access to banking services and financial resources.
REDEFI ROADMAP 2023
q2
. POS ReDeFi Testnet . ReDefi blockchain Testing . Light Paper . Blockchain explorer
q3
. POS ReDeFi Mainnet . BAX Staking . Onchain money (GBP) . CurrencyX: USDx and EURx . FX Swap protocol . Liquidity pools for BAX, CurrencyX and Onchain mone