The Defiant - DeFi Podcast cover image

Inside PayPal's Blockchain Strategy: Insights from the Head of Crypto

The Defiant - DeFi Podcast

NOTE

The Value of Decentralized Protocols

Decentralized protocols hold value in reducing transaction costs by automating contract enforcement through smart contracts. This reduces the need for centralization, streamlines operations, and facilitates faster movement of money. The key is to justify a decentralized protocol's use case by demonstrating a reduction in transaction costs, ensuring scalability, faster settlement, and programability in various applications such as payments.

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