This CEO Exposes the Dark Side of Banking—Why Crypto Is the Answer
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Financial Inclusion through DeFi: Vasily Nikonov, founder of Velvet.Capital, advocates for the use of cryptocurrencies and decentralized finance (DeFi) to provide financial services to the unbanked and underbanked populations, aiming to dismantle barriers that prevent economic participation.
Challenges and Solutions: While DeFi offers promising alternatives to traditional banking, challenges such as regulatory uncertainties and security concerns exist; Velvet.Capital addresses these by implementing stringent security measures and providing educational resources to empower users.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
