4 Use Cases for Smart Contracts in Decentralized Finance

1

Electroneum

This market has become critical for consumers, especially in the developing world, due to the development of smart grids and the increasing need for data to power communications via mobile and other devices. Customers mostly use pre-paid data and electricity, with Electroneum being a pioneer in providing top-up options via an app on a DeFi platform. Peer-to-peer energy trading is also an option and consumers can return any excess capacity to the grid. Power2Peer is a great example of a mobile application reinforcing this method of trading. Renewable energy is a major focus for providers in this area, in recognition of the need for the planet to have a carbon-neutral future.

#Cryptocurrencies #Bitcoin #Mining 10 social mentions

2

BitPay

Bitpay is another application which allows you to add funds to your wallet using bitcoin and other cryptocurrencies. These funds can then be used to complete payments on apps that do not generally accept cryptocurrency, such as Amazon.

#Cryptocurrencies #Crypto Payments #Crypto Payment Gateway 43 social mentions