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1. DEFI SMART
CONTRACT

2. Welcome To Our
DEFI
Decentralized finance (DeFi) is the fastest growing sector within
the global blockchain ecosystem, but it is still nascent and has
untapped potential. A growing number of developers are
producing sophisticated dApps (decentralized applications) for
various financial use cases, seeking to create an alternative to
existing financial services.
LEARN MORE

3. challenges of smart
contract
Unfortunately, DeFi developers face many challenges with existing smart contract options that
prevent many of their dApps from gaining mainstream adoption

4. First generation block consensus times
are still quite slow and also suffer from
regular forks, making expansion to
millions of users impossible as slow
transaction speeds cause congestion and
fuel failure trusted in the network.
Expandability and speed
The fees required to interact with and execute
smart contracts on legacy networks are very
high, often questioning economic viability and
creating a barrier to entry that undermines
the security of the blockchain by incentivizing
malicious miners.
High Execution Costs
Legacy smart contracts have a number of
bugs that can put smart contract assets at
risk.
Security issues

5. Algorand smart contracts in the first layer
Algorand is releasing its latest version of smart contracts (ASC1) that provides the fundamental
attributes of security, extensibility, and decentralization while adding functionality directly to Algorand
primitives in the first layer.
This allows developers to take advantage of the network without sacrificing the speed, cost-
effectiveness, and simplicity their applications require.
By removing technical barriers that undermine blockchain adoption, Algorand smart contracts are
highly flexible and reliable, They run on a tamper-proof network (no need for a trusted intermediary)
that provides full transparency, with error-free, immutable, and accurate applications.

6. The benefits of DeFi applications
Asset tokenization, with standard Algorand assets being an easy way to create customizable assets that can be used for
real-time gross settlement of payments.
Atomic transfers , which simultaneously transfer a number of assets between many parties instantly and securely without
the need for escrow or reliance on time-limited contracts. With truly atomic transfers, payment latency and counterparty
risk are eliminated, speeding up market transactions and reducing collateral requirements.
Rekeying that offers flexibility for users and escrow providers to change Private Spend Keys at any time without
changing Public Addresses, giving Public Addresses greater permanence and reducing operating expenses,
decentralized finance development services while allowing renewal of account.
Provide a common platform standard that is interoperable and extensible, which speeds application development, increases
iteration, and results in faster deployments with more cost-effective capabilities

7. Company Contact
7708889555
https://www.blockchainx.tech/decentralized-
finance-defi-development
CM Nagar, Sathy
Rd,Ramakrishnapuram.Coimbatore, Tamil
Nadu, PIN Code 641035
contact@blockchainx.tech

8. THANK YOU