{"id":172674,"date":"2024-10-14T06:38:44","date_gmt":"2024-10-14T10:38:44","guid":{"rendered":"https:\/\/innowise.com\/?p=172674"},"modified":"2026-01-12T04:49:52","modified_gmt":"2026-01-12T09:49:52","slug":"defi-in-banking","status":"publish","type":"post","link":"https:\/\/innowise.com\/it\/blog\/defi-in-banking\/","title":{"rendered":"Che cos'\u00e8 la DeFi nel settore bancario?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"172674\" class=\"elementor elementor-172674\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2bf5d30 main-block elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2bf5d30\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container 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class=\"article-info flex\">\n    <div class=\"info\"> \n    16 min read\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79827f8 elementor-widget__width-initial elementor-widget-tablet__width-inherit elementor-widget elementor-widget-heading\" data-id=\"79827f8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">What is DeFi in banking?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3ed090 elementor-widget__width-initial elementor-widget elementor-widget-shortcode\" data-id=\"b3ed090\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">[display_tags]<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-82ba05c article-description elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"82ba05c\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-3d75ad5 author-article\" data-id=\"3d75ad5\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t<div class=\"elementor-element elementor-element-be17153 e-con-full e-flex e-con e-child\" data-id=\"be17153\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c43d02d elementor-widget elementor-widget-shortcode\" data-id=\"c43d02d\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">[summarize_button_ai]<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41bf69f elementor-widget elementor-widget-text-editor\" data-id=\"41bf69f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Before you dive into the article, try to forget everything you thought you knew about banking. Decentralized finance, or DeFi, is changing the way we deal with money by cutting out the traditional middlemen, such as banks or investment companies, and eliminating supervision of financial authorities. DeFi promises a world where users control their transactions directly in secure and transparent environments.<\/span><\/p><p><span style=\"font-weight: 400;\">At the core of DeFi lies <\/span><b>blockchain<\/b><span style=\"font-weight: 400;\"> which is a distributed ledger. It consists of cryptographically linked blocks or nodes of recorded transaction records. To conduct financial activities, DeFi leverages <\/span><b>tokens <\/b><span style=\"font-weight: 400;\">as digital assets. For digital process automation, <\/span><b>smart contracts<\/b><span style=\"font-weight: 400;\"> are used. These are agreements written on blockchain networks and based most often on EVM-compatible which execute automatically as soon as predefined conditions have been met.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f883b33 elementor-widget elementor-widget-text-editor\" data-id=\"f883b33\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">Brief history of DeFi in banking<\/span><\/h2><p><span style=\"font-weight: 400;\">The history of DeFi begins with the introduction of Bitcoin in 2009 as the first cryptocurrency enabled decentralized peer-to-peer transactions. However, its volatile price, scalability issues, and high transaction costs made it too unreliable for the everyday\u2019s use.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Which is why, for the first five years, users relied on Bitcoin for only basic transactions and used it as an investment tool. And the next two milestones of DeFi evolution were the development of the Omni Protocol and Tether \u2013 the first successful stablecoin. Tether retained the benefits of a decentralized digital asset and combined them with stable coin price, since such coins are pledged to fiat currencies. Transactions with stablecoins are much more reliable, since no sudden price drops or hikes would drive the transaction costs.<\/span><\/p><p><span style=\"font-weight: 400;\">Yet another turning point for DeFi was the launch of Etherium in 2015 and the introduction of smart contracts. These also enabled the creation of complex decentralized applications (dApps) on its blockchain, such as lending platforms, decentralized <a href=\"https:\/\/innowise.com\/blog\/crypto-exchange-software-development-cost\/\">exchanges<\/a> (DEXs), and more.<\/span><\/p><p><span style=\"font-weight: 400;\">New DEX platforms like Uniswap and Curve Finance further contributed to the increase in DeFi adoption. They\u00a0 enabled large-scale cryptocurrency trading outside of centralized exchanges.<\/span><\/p><p><span style=\"font-weight: 400;\">Nowadays, while presenting particular challenges, DeFi holds significance for present and future due to its decentralized, transparent, and accessible nature. With its faster and more cost-effective services, DeFi enables greater control over individuals assets and financial decisions and eliminates the intermediaries.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ddfdee4 e-con-full e-flex e-con e-child\" data-id=\"ddfdee4\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6c269a7 elementor-widget elementor-widget-shortcode\" data-id=\"6c269a7\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">[blog_related_services post_in='190132,90518,154284']<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6799952 elementor-widget elementor-widget-text-editor\" data-id=\"6799952\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">Advantages and disadvantages of DeFi in banking<\/span><\/h2><p><span style=\"font-weight: 400;\">The key question for everyone considering the shift from conventional finance solutions to DeFi is what are the advantages and disadvantages of DeFi. Below are several pros and cons that are important to consider.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13b8161 elementor-widget elementor-widget-html\" data-id=\"13b8161\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"adv-dis__grid\">\n    <div class=\"adv-dis__grid-item\">\n        <span class=\"adv-dis__grid-item__title\">Advantages of DeFi in banking<\/span>\n        <ul class=\"adv-dis__grid-item__list\">\n            <li>Lower transaction costs<\/li>\n            <li>Faster transaction processing<\/li>\n            <li>Decentralization and transparency<\/li>\n            <li>Greater accessibility<\/li>\n        <\/ul>\n    <\/div>\n    <div class=\"adv-dis__grid-item\">\n        <span class=\"adv-dis__grid-item__title\">Disadvantages of DeFi in banking<\/span>\n        <ul class=\"adv-dis__grid-item__list\">\n            <li>Lack of regulation<\/li>\n            <li>Increased risk of hacks and scams<\/li>\n            <li>Volatility of cryptocurrencies<\/li>\n            <li>Limited acceptance by traditional financial institutions<\/li>\n        <\/ul>\n    <\/div>\n<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1b30e5a elementor-widget elementor-widget-text-editor\" data-id=\"1b30e5a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">DeFi banking applications<\/span><\/h2><p><span style=\"font-weight: 400;\">DeFi is actively reshaping the financial landscape by offering a decentralized alternative to traditional banking services. This section explores the wide range of DeFi banking applications and the ways they address everyday financial needs.<\/span><\/p><h3><span style=\"font-weight: 400;\">Decentralized exchanges<\/span><\/h3><p><span style=\"font-weight: 400;\">The rise of decentralized finances (DEXs) represents a significant step in the evolution of decentralized finance. Unlike the centralized equivalents (CEXs), which operate through companies and rely on market makers to manage order books, DEXs use blockchain technology and smart contracts to enable fully transparent trading.<\/span><\/p><p><span style=\"font-weight: 400;\">CEXs, while being familiar, pose certain risks because of their centralized nature.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Vulnerability to hacks, potential government intervention, data breaches and privacy concerns are constant threats. DEXs, on the other hand, hand over control to users. Smart contracts instead of financial corporations govern all the exchange components, from trade execution and liquidity provision to withdrawals and deposits. This eliminates the need for intermediaries and offers users transparency throughout the trading process.<\/span><\/p><p><span style=\"font-weight: 400;\">This difference in custody is critical: with CEXs, users lose control of their funds once they deposit them while DEXs allow users to trade directly from their personal wallets, enhancing security and promoting user autonomy.<\/span><\/p><p><span style=\"font-weight: 400;\">It is worth mentioning that different DEXs may operate in different ways. While some, such as dYdX, have adopted order book systems similar to CEXs, the majority, including Uniswap, Bancor, PancakeSwap, and SushiSwap, take another approach: Automated Market Makers (AMMs).<\/span><\/p><h3><span style=\"font-weight: 400;\">Automated market makers (AMMs)<\/span><\/h3><p><span style=\"font-weight: 400;\">An automated market maker (AMM) replaces the traditional order book model of centralized exchanges with on-chain liquidity pools. These pools are filled by liquidity providers who lend their cryptocurrency in exchange for a share of the trading fees. The pools become the counterparty to every trade. Users interact directly with the AMM&#8217;s smart contract, bypassing the need for order matching.<\/span><\/p><p><span style=\"font-weight: 400;\">This innovative approach has several advantages. Decentralization is paramount, as control shifts from a central authority to the users through smart contracts and governance models. This also ensures a non-custodial environment where users retain <\/span><b>full control<\/b><span style=\"font-weight: 400;\"> of their assets throughout the trading process, interacting directly from their wallets. Market manipulation, a concern with centralized exchanges, is mitigated by the absence of a central entity that could benefit from such practices. <\/span><b>Security <\/b><span style=\"font-weight: 400;\">is enhanced by the decentralized and distributed nature of DEXs, as hackers can only target liquidity pools, not individual user accounts. Finally, the <\/span><b>open and permissionless nature<\/b><span style=\"font-weight: 400;\"> of DEXs allows any token to be listed without the approval of a central authority, promoting greater accessibility to tokens.<\/span><\/p><p><span style=\"font-weight: 400;\">However, it is important to acknowledge that AMMs also present challenges. DEXs rely heavily on users to provide liquidity to the pools, and insufficient liquidity can hinder trading activity and impact pricing. Order execution on DEXs can be slower than on centralized exchanges, often due to the lack of sophisticated trading tools. While DEXs have seen significant growth in trading volume, the lack of an order book can result in high slippage, especially for larger orders. Finally, trading on DEXs typically involves a fixed fee for all trades, in addition to gas fees (transaction costs)<\/span> <span style=\"font-weight: 400;\">charged by the underlying blockchain network (such as Ethereum). These gas fees can fluctuate significantly depending on network congestion, potentially leading to high transaction costs.<\/span><\/p><h3><span style=\"font-weight: 400;\">Lending and borrowing platforms<\/span><\/h3><p><span style=\"font-weight: 400;\">Lending and borrowing are the other key components of the decentralized finance ecosystem as alternatives to traditional lending models.<\/span><\/p><p><span style=\"font-weight: 400;\">Centralized institutions such as banks act as so-called gatekeepers and feature an approval algorithm. The approval process includes strict requirements such as good credit score, stable employment, and minimum collateral. This system naturally excludes those without or with limited access to traditional banking services.<\/span><\/p><p><span style=\"font-weight: 400;\">DeFi lending protocols break down these barriers and promote financial inclusion thanks to open and permissionless access to credit. Regardless of background, location, or credit history, anyone with the necessary assets can borrow funds. In addition, these protocols often operate without the stressful identity verification procedures such as know-your-customer (KYC) policies common in traditional finance.<\/span><\/p><p><span style=\"font-weight: 400;\">DeFi further propelled the popularity of decentralized lending through the integration of protocols such as Compound, Aave, Maker and bZx. These platforms connect lenders and borrowers directly so that lenders can earn attractive interest rates on their crypto assets and borrowers can gain access to instant liquidity: all without the burden of paperwork and in a secure and anonymous environment.<\/span><\/p><p><span style=\"font-weight: 400;\">A particularly innovative feature of DeFi Lending is the concept of flash loans. Unlike traditional loans, flash loans require no collateral and allow users to borrow substantial amounts, potentially millions of dollars. However, these loans come with an extremely short repayment window &#8211; they must be repaid before the transaction block is completed. This unique feature makes flash loans suitable for rapid-profit operations such as arbitrage trading and debt refinancing. However, if not managed carefully, they introduce potential vulnerabilities that may be exploited for fraudulent activities.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb504cb elementor-widget elementor-widget-image\" data-id=\"eb504cb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"730\" src=\"https:\/\/innowise.com\/wp-content\/uploads\/2024\/10\/What-is-DeFi-in-banking_.svg\" class=\"attachment-full size-full wp-image-172686\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-26c82c3 elementor-widget elementor-widget-text-editor\" data-id=\"26c82c3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span style=\"font-weight: 400;\">Stablecoins<\/span><\/h3><p><span style=\"font-weight: 400;\">The natural fluctuations of cryptocurrency prices pose a significant challenge to the DeFi ecosystem. Stablecoins have emerged as a solution to provide price stability and mitigate the risks associated with market volatility.<\/span><\/p><p><span style=\"font-weight: 400;\">Stablecoins are tokens designed to maintain a fixed value. They are typically tied to a fiat currency or commodity, like the US dollar or gold. This aims to reduce the impact of market volatility, allowing users to protect their capital during periods of uncertainty. In addition, stablecoins offer a convenient way to lock in profits by converting volatile cryptocurrencies into a more stable asset.<\/span><\/p><p><span style=\"font-weight: 400;\">While the US dollar remains the dominant peg for stablecoins, the mechanisms used to maintain this peg vary widely from project to project. Broadly speaking, stablecoins can be divided into three types: fiat-collateralized, crypto-collateralized, and algorithmic stablecoins.<\/span><\/p><p><b>Fiat-collateralized stablecoins<\/b><span style=\"font-weight: 400;\">, as the name implies, are backed by fiat currency reserves held by the issuing entity. Tether (USDT), one of the most widely used stablecoins, is an example of this approach. It claims to hold one US dollar in reserve for every USDT token issued. However, this model relies heavily on trust, as users must have confidence that the issuer maintains adequate reserves and operates transparently. Given the certain degree of reliance on centralized institutions to hold these reserves, fiat-collateralized stablecoins introduce a level of centralization.<\/span><\/p><p><span style=\"font-weight: 400;\">In contrast, <\/span><b>crypto-collateralized stablecoins<\/b><span style=\"font-weight: 400;\"> use other cryptocurrencies as collateral to maintain their peg. However, this presents a challenge: the inherent volatility of these underlying crypto assets. To mitigate the risk of the stablecoin losing its peg due to fluctuations in the value of the collateral, these schemes are designed to be over-collateralized. DAI, a prominent example built on the Ethereum network, uses smart contracts and over-collateralized positions to ensure its peg to the US dollar.<\/span><\/p><p><span style=\"font-weight: 400;\">The transparency of smart contracts allows users to independently verify the collateralization ratio, the value of the locked assets, and the mechanisms governing DAI&#8217;s stability. This transparency reinforces DAI&#8217;s decentralized nature and fosters trust within the ecosystem.<\/span><\/p><p><b>Algorithmic stablecoins<\/b><span style=\"font-weight: 400;\"> aim to maintain price stability through algorithms and smart contracts, often without relying on collateralization. They typically use mechanisms like expanding and contracting the stablecoin supply based on market demand to maintain the peg.<\/span><\/p><h3><span style=\"font-weight: 400;\">Payment gateways<\/span><\/h3><p><span style=\"font-weight: 400;\">While DeFi has progressed in replicating traditional financial services, its adoption in everyday business faces a significant hurdle: integration with existing payment systems. This is where DeFi payment gateways come into play.<\/span><\/p><p><span style=\"font-weight: 400;\">Traditional payment gateways act as intermediaries, facilitating transactions between customers, businesses, and financial institutions. However, this centralized model comes with drawbacks, including fees, delays, and potential points of failure.<\/span><\/p><p><span style=\"font-weight: 400;\">DeFi payment gateways use blockchain technologies to allow businesses to accept cryptocurrency payments directly, bypassing intermediaries and their associated costs. Smart contracts automate the payment process and ensure faster transaction speeds, reduced fees, and increased transparency.<\/span><\/p><p><span style=\"font-weight: 400;\">In addition, DeFi payment gateways can integrate with different blockchain networks, promoting interoperability and expanding the reach of DeFi applications. This opens up new opportunities for cross-border payments, microtransactions, and programmable payments and thereby enables new business models and revenue streams.<\/span><\/p><p><span style=\"font-weight: 400;\">However, DeFi payment gateways face several obstacles that hinder widespread adoption. So the lack of clear regulations, which can create uncertainty for users and businesses alike along with complex user interfaces that can be intimidating for those new to cryptocurrency, require careful consideration.<\/span><\/p><p><span style=\"font-weight: 400;\">Despite these barriers, DeFi payment gateways have immense potential to build a more efficient and accessible financial system.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb11490 elementor-widget elementor-widget-text-editor\" data-id=\"cb11490\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">How DeFi is changing banking<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The rapid growth of Decentralized Finance (DeFi) is revolutionizing the financial world. Its increasing adoption is driven by demands for more inclusive services and improved security, and it will reshape how we interact with money and financial systems.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The shift towards decentralized financial services<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">With smart contracts, DeFi platforms enable peer-to-peer transactions with no middlemen such as banks. This shift gives users greater control over their assets and financial decisions, promotes financial inclusion and reduces reliance on traditional intermediaries.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The impact of DeFi on traditional banking institutions<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The rise of DeFi presents both challenges and opportunities for traditional banking institutions. On the one hand, DeFi&#8217;s potential to exclude intermediaries from core banking functions such as lending, borrowing, and payments poses a significant competitive threat. DeFi platforms often offer higher interest rates on deposits and charge lower fees on loans compared to traditional banks, attracting customers seeking better returns and lower costs. On the other hand, strategically thinking and innovative banks are seeking ways to integrate DeFi solutions into their existing infrastructure. This includes <a href=\"https:\/\/innowise.com\/blog\/blockchain-in-banking\/\">embracing blockchain technology<\/a> to improve efficiency, transparency, and security of transactions. In addition, such banks are exploring new revenue streams through DeFi-enabled products and services.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The potential for DeFi to disrupt the financial industry<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">DeFi has the real potential to significantly disrupt the financial industry by democratizing access to financial services, reducing fee and transaction costs, and increasing efficiency. The transparent nature of DeFi protocols is leading to the development of financial products and services tailored to the needs of a wider user audience. Since the vulnerability to fraud and cyberattacks are eliminated by the blockchain, this enhanced security factor further contributes to the rising popularity of DeFi.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9902e9a elementor-widget elementor-widget-text-editor\" data-id=\"9902e9a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">DeFi in banking regulation<\/span><\/h2><p><span style=\"font-weight: 400;\">The rapid evolution of DeFi has evolved faster than regulatory frameworks, creating a complex environment for both early adopters and regulators. This section delves into the regulatory landscape, inherent risks, and potential mitigation strategies for DeFi in banking.<\/span><\/p><h3><span style=\"font-weight: 400;\">Current state of DeFi regulations<\/span><\/h3><p><span style=\"font-weight: 400;\">Currently, there is no comprehensive regulatory framework specifically designed for DeFi in the banking industry. Because of that, regulators around the world are struggling with how to apply existing financial regulations to this rapidly evolving space. Nonless, more regions recognize the need for tailored regulations and take proactive steps toward developing DeFi-specific frameworks. The European Union, for instance, is working on the Markets in Crypto-Assets Regulation (MiCA), which aims to regulate crypto assets, including those used in DeFi.<\/span><\/p><h3><span style=\"font-weight: 400;\">Future of DeFi regulations<\/span><\/h3><p><span style=\"font-weight: 400;\">The future of DeFi depends on the development of balanced and effective regulatory frameworks. These frameworks should prioritize investor protection and ensure market integrity without hindering innovation typical for the domain. This balance requires a comprehensive approach that involves a combination of industry collaboration, technological advancements, and regulatory oversight to ensure the legitimacy of decentralized finance while mitigating risks. Currently, potential regulatory approaches across different regions include licensing requirements for DeFi platforms, consumer protection measures, and mechanisms to address systemic risk.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9bb1e4e elementor-widget elementor-widget-text-editor\" data-id=\"9bb1e4e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">Risks and challenges of DeFi in banking<\/span><\/h2><p><span style=\"font-weight: 400;\">While DeFi holds great promise, it&#8217;s not without its drawbacks. Several risks and challenges need to be addressed for it to thrive in the long term.<\/span><\/p><p><span style=\"font-weight: 400;\">One major concern is <\/span><b>cybersecurity<\/b><span style=\"font-weight: 400;\">. Because DeFi relies heavily on smart contracts, any vulnerabilities in its code can be exploited by hackers, potentially leading to significant financial losses for users.<\/span><\/p><p><span style=\"font-weight: 400;\">While the decentralized nature of DeFi is a strength in many ways, it also presents a challenge in terms of <\/span><b>governance and accountability<\/b><span style=\"font-weight: 400;\">. Without a central authority, establishing clear lines of responsibility and resolving disputes can be complex.<\/span><\/p><p><span style=\"font-weight: 400;\">The DeFi market is relatively young and therefore prone to <\/span><b>volatility and manipulation<\/b><span style=\"font-weight: 400;\">. Rapid price changes and the potential for market manipulation pose risks to investors.<\/span><\/p><p><span style=\"font-weight: 400;\">The <\/span><b>limitations of smart contracts<\/b><span style=\"font-weight: 400;\"> also present challenges. Network congestion can lead to high transaction fees and slow execution speeds, hindering the efficiency of DeFi applications.<\/span><\/p><p><span style=\"font-weight: 400;\">Finally, the <\/span><b>lack of centralized oversight<\/b><span style=\"font-weight: 400;\"> in DeFi creates opportunities for fraud and scams. Bad actors can exploit the anonymity and decentralized structure of the system to deceive users and steal funds.<\/span><\/p><h3><span style=\"font-weight: 400;\">Ways to mitigate risks and challenges of DeFi in banking<\/span><\/h3><p><span style=\"font-weight: 400;\">Building a robust and sustainable DeFi ecosystem requires a multi-layered approach to risk mitigation, moving beyond basic protections to sophisticated, interconnected solutions.<\/span><\/p><ul><li><b>Improving the security of smart contracts<\/b><\/li><\/ul><p><span style=\"font-weight: 400;\">While code audits are essential, achieving true robustness requires a shift toward formal verification techniques. Mathematical models used to prove the correctness of smart contract logic can proactively eliminate vulnerabilities and reduce the risk of attacks that have plagued DeFi.<\/span><\/p><ul><li><span style=\"font-weight: 400;\"><b>Decentralized governance beyond DAOs<\/b><\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">DAOs have been an important development in introducing decentralized governance to the DeFi ecosystem. However, in their current form, they have limitations and drawbacks. People lose interest in voting, or a wealthy few might take control. To make governance stronger and more inclusive, we need to develop new mechanisms. On-chain reputation systems, quadratic voting, and futarchy are promising approaches for creating more resilient and representative governance structures.<\/span><\/p><ul><li><b>Compliance as a catalyst<\/b><\/li><\/ul><p><span style=\"font-weight: 400;\">The integration of Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures should not be viewed as a regulatory routine, but as an opportunity to enhance trust and foster mass adoption. Leveraging privacy-enhancing technologies such as zero-knowledge proofing can enable compliance without compromising user privacy, a critical concern within the DeFi ecosystem.<\/span><\/p><ul><li><b>Synergy<\/b><\/li><\/ul><p><span style=\"font-weight: 400;\">The relationship between DeFi and traditional finance should move beyond mere partnerships to a collaborative ecosystem. Integrating DeFi protocols with existing financial infrastructure, such as using real-world assets as collateral or creating hybrid CeFi-DeFi products, can open new avenues for value creation while mitigating the risks associated with both.<\/span><\/p><p><span style=\"font-weight: 400;\">By embracing these approaches, the DeFi ecosystem can move toward resilience, security, and responsible innovation, unlocking its transformative potential for the global financial landscape.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a9fac0 elementor-widget elementor-widget-text-editor\" data-id=\"2a9fac0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-weight: 400;\">Conclusion<\/span><\/h2><p style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">DeFi is changing the banking domain, offering a look in a future where financial services are more accessible, efficient and user-centric. While challenges remain, DeFi&#8217;s potential to transform traditional finance is undeniable. Through risk management, innovation, and collaboration, DeFi can be transformed to a more inclusive financial system for all.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a292ae2 e-con-full e-flex e-con e-parent\" data-id=\"a292ae2\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5c75abf elementor-widget elementor-widget-heading\" data-id=\"5c75abf\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FAQs<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cd70d46 faq elementor-widget elementor-widget-accordion\" data-id=\"cd70d46\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2151\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2151\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is DeFi in personal banking?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2151\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2151\"><p><span style=\"font-weight: 400;\">DeFi offers individuals direct control over their assets and access to permissionless financial services. Users can leverage DEXs for non-custodial trading, participate in lending and borrowing protocols for profit generation and collateralized loans, and utilize stablecoins for payments and hedging against volatility.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2152\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2152\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What are DeFi banks examples?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2152\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2152\"><p><span style=\"font-weight: 400;\">While they are not banks in the traditional sense, DeFi protocols like Aave, Compound, and MakerDAO provide banking-like services through open-source, non-custodial platforms governed by smart contracts. These protocols facilitate lending, borrowing, and stablecoin issuance.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2153\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2153\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is DeFi in transaction banking?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2153\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2153\"><p><span style=\"font-weight: 400;\">DeFi is disrupting transaction banking by streamlining cross-border payments and reducing reliance on intermediaries. Stablecoin-based payment channels, coupled with Layer-2 scaling solutions like the Lightning Network, enable faster, cheaper, and more transparent cross-border settlements. Decentralized payment gateways further enhance this by allowing businesses to accept cryptocurrency payments directly.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2154\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-2154\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is DeFi banking and how is it different from traditional banking?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2154\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-2154\"><p><span style=\"font-weight: 400;\">DeFi banking represents a paradigm shift from centralized, intermediary-based finance to a decentralized, peer-to-peer model. By leveraging blockchain technology and smart contracts, DeFi eliminates the need for traditional intermediaries, enabling greater transparency, accessibility, and control over financial services.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2155\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-2155\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What are the advantages of using a DeFi bank over a traditional bank?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2155\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-2155\"><p><span style=\"font-weight: 400;\">DeFi offers several advantages for users:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Permissionless access: No account applications or credit checks are required to access DeFi services.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Transparency and auditability: All transactions are recorded on public blockchains, providing a high level of transparency.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Composability and interoperability: DeFi protocols can interact with each other, enabling the creation of innovative financial products and services.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Programmability and automation: Smart contracts enable automated execution of financial agreements, reducing the need for manual intervention.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Potentially higher returns: DeFi landing protocols often offer higher interest rates compared to traditional savings accounts or investment products. This is because DeFi cuts out the middlemen and allows users to earn directly from their assets.<\/span><\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2156\" class=\"elementor-tab-title\" data-tab=\"6\" role=\"button\" aria-controls=\"elementor-tab-content-2156\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">How does DeFi banking work and what technologies are used?<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2156\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"6\" role=\"region\" aria-labelledby=\"elementor-tab-title-2156\"><p><span style=\"font-weight: 400;\">DeFi banking leverages the following technologies:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Blockchain: A distributed ledger that ensures secure and transparent recording of transactions.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Smart contracts: Self-executing contracts that automate financial agreements and eliminate the need for intermediaries.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Decentralized governance: DAOs and other governance mechanisms enable community-driven decision-making and protocol upgrades.<\/span><\/li><\/ul><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is DeFi in personal banking?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">DeFi offers individuals direct control over their assets and access to permissionless financial services. Users can leverage DEXs for non-custodial trading, participate in lending and borrowing protocols for profit generation and collateralized loans, and utilize stablecoins for payments and hedging against volatility.<\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What are DeFi banks examples?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">While they are not banks in the traditional sense, DeFi protocols like Aave, Compound, and MakerDAO provide banking-like services through open-source, non-custodial platforms governed by smart contracts. These protocols facilitate lending, borrowing, and stablecoin issuance.<\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What is DeFi in transaction banking?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">DeFi is disrupting transaction banking by streamlining cross-border payments and reducing reliance on intermediaries. Stablecoin-based payment channels, coupled with Layer-2 scaling solutions like the Lightning Network, enable faster, cheaper, and more transparent cross-border settlements. Decentralized payment gateways further enhance this by allowing businesses to accept cryptocurrency payments directly.<\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What is DeFi banking and how is it different from traditional banking?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">DeFi banking represents a paradigm shift from centralized, intermediary-based finance to a decentralized, peer-to-peer model. By leveraging blockchain technology and smart contracts, DeFi eliminates the need for traditional intermediaries, enabling greater transparency, accessibility, and control over financial services.<\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What are the advantages of using a DeFi bank over a traditional bank?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">DeFi offers several advantages for users:<\\\/span><\\\/p><ul><li style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"><span style=\\\"font-weight: 400;\\\">Permissionless access: No account applications or credit checks are required to access DeFi services.<\\\/span><\\\/li><li style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"><span style=\\\"font-weight: 400;\\\">Transparency and auditability: All transactions are recorded on public blockchains, providing a high level of transparency.<\\\/span><\\\/li><li style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"><span style=\\\"font-weight: 400;\\\">Composability and interoperability: DeFi protocols can interact with each other, enabling the creation of innovative financial products and services.<\\\/span><\\\/li><li style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"><span style=\\\"font-weight: 400;\\\">Programmability and automation: Smart contracts enable automated execution of financial agreements, reducing the need for manual intervention.<\\\/span><\\\/li><li style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"><span style=\\\"font-weight: 400;\\\">Potentially higher returns: DeFi landing protocols often offer higher interest rates compared to traditional savings accounts or investment products. This is because DeFi cuts out the middlemen and allows users to earn directly from their assets.<\\\/span><\\\/li><\\\/ul>\"}},{\"@type\":\"Question\",\"name\":\"How does DeFi banking work and what technologies are used?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span style=\\\"font-weight: 400;\\\">DeFi banking leverages the following technologies:<\\\/span><\\\/p><ul><li style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"><span style=\\\"font-weight: 400;\\\">Blockchain: A distributed ledger that ensures secure and transparent recording of transactions.<\\\/span><\\\/li><li style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"><span style=\\\"font-weight: 400;\\\">Smart contracts: Self-executing contracts that automate financial agreements and eliminate the need for intermediaries.<\\\/span><\\\/li><li style=\\\"font-weight: 400;\\\" aria-level=\\\"1\\\"><span style=\\\"font-weight: 400;\\\">Decentralized governance: DAOs and other governance mechanisms enable community-driven decision-making and protocol upgrades.<\\\/span><\\\/li><\\\/ul>\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-860e9a3 elementor-hidden-mobile e-con-full elementor-hidden-tablet e-flex e-con e-child\" data-id=\"860e9a3\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-05b8be7 elementor-widget elementor-widget-shortcode\" data-id=\"05b8be7\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">[post_share]<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-22d6e88 author-wrapper elementor-hidden-desktop e-flex e-con-boxed e-con e-parent\" data-id=\"22d6e88\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a1388a8 elementor-hidden-desktop elementor-widget elementor-widget-html\" data-id=\"a1388a8\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"author-wrap\">\r\n      <div class=\"author-info\">\r\n        <img decoding=\"async\"\r\n        class=\"author-info__img\"\r\n          src=\"https:\/\/innowise.com\/wp-content\/uploads\/2024\/10\/unsplash_JyVcAIUAcPM-1.png\"\r\n          width=\"50\"\r\n          height=\"50\"\r\n          alt=\"author\"\r\n        \/>\r\n        <div class=\"author-info__personal-data\">\r\n            <a href=\"https:\/\/innowise.com\/authors\/andrew-nalichaev\/\" class=\"author-info__personal-data__name\">\r\n                Andrew Nalichaev\r\n            <\/a>\r\n          <span class=\"author-info__role\">Blockchain expert<\/span>\r\n        <\/div>\r\n      <\/div>\r\n      <div class=\"author-gray-line\"><\/div>\r\n      <div class=\"author-date-publish\">\r\n        <span>Date:<\/span> <span>Jul 27, 2023<\/span>\r\n      <\/div>\r\n      <div class=\"author-gray-line\"><\/div>\r\n      <div class='author-share-butons'>\r\n          <p>Share:<\/p>\r\n          <div class=\"share-buttons\">\r\n             <button class=\"share-button facebook\"><i class=\"fab fa-facebook-f\"><\/i><\/button>\r\n             <button class=\"share-button linkedin\"><i class=\"fab fa-linkedin-in\"><\/i><\/button>\r\n             <button class=\"share-button twitter\"><i  class=\"fab fa-twitter\"><\/i><\/button>\r\n            <button class=\"share-button telegram\"> <i  class=\"fab fa-telegram\"><\/i><\/button>\r\n          <\/div>\r\n      <\/div>\r\n    <\/div>\r\n    \r\n    <script>\r\nconst shareButtons = document.querySelectorAll('.share-button');\r\n\r\nshareButtons.forEach(button => {\r\n   button.addEventListener('click', () => {\r\n      const url = window.location.href;\r\n      const platform = button.classList[1];\r\n\r\n      let shareUrl;\r\n      switch (platform) {\r\n         case 'facebook':\r\n         shareUrl = `https:\/\/www.facebook.com\/sharer\/sharer.php?u=${encodeURIComponent(url)}`;\r\n         break;\r\n         case 'twitter':\r\n         shareUrl = `https:\/\/twitter.com\/share?url=${encodeURIComponent(url)}`;\r\n         break;\r\n         case 'linkedin':\r\n         shareUrl = `https:\/\/www.linkedin.com\/shareArticle?url=${encodeURIComponent(url)}`;\r\n         break;\r\n         case 'telegram':\r\n         shareUrl = `https:\/\/telegram.me\/share\/url?url=${encodeURIComponent(url)}`;\r\n         break;\r\n       \r\n      }\r\n      window.open(shareUrl, '_blank');\r\n   });\r\n});\r\n    <\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-6f2265c table-content-container\" data-id=\"6f2265c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3d78bcb author-wrapper e-flex e-con-boxed e-con e-parent\" data-id=\"3d78bcb\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-55a1b60 elementor-widget elementor-widget-html\" data-id=\"55a1b60\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"author-wrap\">\r\n       <div class=\"author-info\">\r\n        <img decoding=\"async\"\r\n        class=\"author-info__img\"\r\n          src=\"https:\/\/innowise.com\/wp-content\/uploads\/2024\/10\/unsplash_JyVcAIUAcPM-1.png\"\r\n          width=\"50\"\r\n          height=\"50\"\r\n          alt=\"author\"\r\n        \/>\r\n        <div class=\"author-info__personal-data\">\r\n            <a href=\"https:\/\/innowise.com\/authors\/andrew-nalichaev\/\" class=\"author-info__personal-data__name\">\r\n                Andrew Nalichaev\r\n            <\/a>\r\n          <span class=\"author-info__role\">Blockchain expert<\/span>\r\n        <\/div>\r\n      <\/div>\r\n      <div class=\"author-gray-line\"><\/div>\r\n      <div class=\"author-date-publish\">\r\n        <span>Date:<\/span> <span>Oct 14, 2024<\/span>\r\n      <\/div>\r\n    <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-02e370d table-content-container stickyWrapper72 e-con-full e-flex e-con e-child\" data-id=\"02e370d\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-cb82772 e-con-full stickyTable e-flex e-con e-child\" data-id=\"cb82772\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-fa8242f author-block e-con-full e-flex e-con e-child\" data-id=\"fa8242f\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8b14597 ddcv elementor-widget elementor-widget-html\" data-id=\"8b14597\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<style>\r\n\r\n.article-description > .e-con-inner{\r\n     align-items: baseline !important;\r\n}\r\n\r\n.toc-wrapper{\r\n    height: 100%;\r\n}\r\n\r\n.toc-wrapper .toc-2{\r\n    overflow-y: auto;\r\n}\r\n\r\n.toc-wrapper .toc-2::-webkit-scrollbar\r\n {\r\n    position: absolute !important;\r\n    width: 4px !important;\r\n    background-color: #F5F5F7 !important;\r\n}\r\n\r\n.toc-wrapper .toc::-webkit-scrollbar-thumb {\r\n    position: absolute !important;\r\n    background-color: #999999 !important;\r\n    border-radius: 4px !important;\r\n}\r\n\r\n.stickyWrapper72 {\r\n    position: sticky;\r\n    top: 132px;\r\n    bottom: auto;   \r\n}  \r\n\r\n<\/style>\r\n\r\n<script>\r\ndocument.addEventListener(\"DOMContentLoaded\", ()=>{\r\n        \r\nconst headerElement = document.querySelector(\".new-menu\");\r\n\r\nconst stickyElement = document.querySelector(\".stickyWrapper72\");\r\n\r\nconst headerElementH = headerElement.clientHeight;\r\n\r\nstickyElement.style.top =  headerElementH + 60 + \"px\"\r\n        \r\n});\r\n<\/script>\r\n\r\n<!--NOTE Change data-id in wrapper styles for hide this block on the mobile device screen-->\r\n<div class=\"toc-wrapper\">\r\n  <h4 class=\"toc-title\">Table of contents<\/h4>\r\n  <div class=\"toc toc-2\"><\/div>\r\n<\/div>\r\n\r\n<script>\r\n  \/\/NOTE Add the value from h2 as the key and the text you want to display as the key value in LINKS variable:\r\n  \/\/   const LINKS = {\r\n  \/\/       \"The demand for retail digital transformation\": \"The demand\"\r\n  \/\/   }\r\n\r\n  const LINKS = {\r\n    \"Unleashing the power of .NET 8\": \"gggggg\",\r\n    \"Revamping legacy systems: unlocking business potential through software modernization\":\r\n      \"hello\",\r\n  };\r\n\r\n  const OFFSET = 70;\r\n   const PADDING_BOTTOM_FOR_SCROLL = 100;\r\n  let headerList = [];\r\n  let allLinks = [];\r\n  \r\n  let ticking = false;\r\n     \r\n\r\n  const createList = () => {\r\n      \r\n      console.log('create');\r\n      \r\n      \r\n    const tocTarget = document.querySelector(\".toc.toc-2\");\r\n    const toc = document.createElement(\"ul\");\r\n    \r\n    \r\n    \r\n     headerList = [...document.querySelectorAll(\"h2\")];\r\n\r\n\r\n    \r\n    headerList = headerList.slice(0, -3);\r\n    \r\n    \r\n    \r\n    \r\n   headerList.forEach((header,index) => {\r\n      const headerId = header.getAttribute(\"id\");\r\n      const headerText =\r\n        header.dataset.title && header.dataset.title !== \"\"\r\n          ? header.dataset.title\r\n          : header.textContent;\r\n          \r\n\r\n      const headerTocText = header.dataset.title;\r\n\r\n      const idFromText =\r\n        !headerId || headerId === \"\"\r\n          ? headerText\r\n              .toLowerCase()\r\n              .replace(\/[^\\w ]+\/g, \"\")\r\n              .replace(\/ +\/g, \"-\")\r\n          : headerId;\r\n          \r\n         \r\n\r\n      const newListItem = document.createElement(\"li\");\r\n      const newLink = document.createElement(\"a\");\r\n      newLink.setAttribute(\"href\", \"#\" + idFromText);\r\n      newLink.textContent = LINKS[headerText] || headerText;\r\n\r\n      newLink.addEventListener(\"click\", (e) => {\r\n          \r\n        e.preventDefault();\r\n        const y =\r\n          header.getBoundingClientRect().top +\r\n          window.pageYOffset -\r\n          PADDING_BOTTOM_FOR_SCROLL -\r\n          OFFSET;\r\n          ticking = true; \r\n        window.scrollTo({ top: y, behavior: \"smooth\" });\r\n        \r\n        setTimeout(()=>{\r\n            ticking = false;\r\n        },500);\r\n        \r\n      });\r\n      \r\n\r\n      newListItem.appendChild(newLink);\r\n    toc.appendChild(newListItem);\r\n    \r\n    \r\n    });\r\n    tocTarget.appendChild(toc);\r\n    allLinks = Array.from(document.querySelector(\".toc.toc-2\").querySelectorAll(\"ul li\"));\r\n  };\r\n\r\n  const setContainerHeight = () => {\r\n    const windowHeight = window.innerHeight;\r\n    const tocContainer = document.querySelector(\".ddcv\");\r\n\r\n    tocContainer.style.maxHeight = \"calc(100vh - 230px)\";\r\n    tocContainer.style.minHeight = \"200px\";\r\n  };\r\n\r\n\r\n  const checkScroll = () => {\r\n      const windowHeight = window.innerHeight;\r\n      const scrollTop = window.scrollY || document.documentElement.scrollTop;\r\n\r\n      let selectedHeaderIndex = -1;\r\n\r\n      headerList.forEach((header, index) => {\r\n        \r\n  const posTop = header.getBoundingClientRect().top;\r\n       \r\n\r\n const isInViewport = posTop + elem.clientHeight <= window.innerHeight ;\r\n \r\n console.log(isInViewport,index);\r\n \r\n if(isInViewport){\r\n      selectedHeaderIndex = index;\r\n }\r\n        \r\n\r\n\r\n        \r\n      });\r\n      \r\n\r\n\r\n        allLinks.forEach((link, i) => {\r\n            if(i === selectedHeaderIndex){\r\n              link.classList.remove(\"pre-active\");  \r\n              link.classList.add(\"active\");\r\n            }\r\n            if(i < selectedHeaderIndex){\r\n              link.classList.add(\"pre-active\"); \r\n               link.classList.remove(\"active\");\r\n            }\r\n             if(i > selectedHeaderIndex){\r\n            link.classList.remove(\"pre-active\");\r\n            link.classList.remove(\"active\");\r\n            }\r\n            \r\n            \r\n            \r\n        });\r\n        \r\n\r\n\r\n  };\r\n\r\n  const loadAllImages = () => {\r\n    const images = document.getElementsByTagName(\"img\");\r\n\r\n    for (let i = 0; i < images.length; i++) {\r\n      const img = images[i];\r\n      const src = img.getAttribute(\"data-src\") || img.src;\r\n      img.src = src;\r\n    }\r\n  };\r\n\r\n  loadAllImages();\r\n  \r\n  \r\n  \r\n\r\n\r\n  document.addEventListener(\"DOMContentLoaded\", () => {\r\n     setTimeout(()=>{\r\n           createList();\r\n    setContainerHeight();\r\n  \r\n    \r\n    document.addEventListener(\"scroll\", (event) => {\r\n  if (!ticking) {\r\n    checkScroll();\r\n  }\r\n});\r\n    \r\n    \r\n},300) \r\n\r\n    \r\n  });\r\n\r\n\r\n  \r\n<\/script>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-d673953 e-flex e-con-boxed e-con e-parent\" data-id=\"d673953\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c744e69 elementor-widget elementor-widget-shortcode\" data-id=\"c744e69\" data-element_type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">\n<div class=\"wpcf7 no-js\" id=\"wpcf7-f100240-o1\" lang=\"en-US\" dir=\"ltr\" data-wpcf7-id=\"100240\">\n<div class=\"screen-reader-response\"><p role=\"status\" aria-live=\"polite\" aria-atomic=\"true\"><\/p> <ul><\/ul><\/div>\n<form action=\"\/it\/wp-json\/wp\/v2\/posts\/172674#wpcf7-f100240-o1\" method=\"post\" class=\"wpcf7-form init\" aria-label=\"Contact form\" enctype=\"multipart\/form-data\" novalidate=\"novalidate\" data-status=\"init\">\n<fieldset class=\"hidden-fields-container\"><input type=\"hidden\" name=\"_wpcf7\" value=\"100240\" \/><input type=\"hidden\" name=\"_wpcf7_version\" value=\"6.1\" \/><input type=\"hidden\" name=\"_wpcf7_locale\" value=\"en_US\" \/><input type=\"hidden\" name=\"_wpcf7_unit_tag\" value=\"wpcf7-f100240-o1\" \/><input type=\"hidden\" name=\"_wpcf7_container_post\" value=\"0\" \/><input type=\"hidden\" name=\"_wpcf7_posted_data_hash\" value=\"\" \/><input type=\"hidden\" name=\"_wpcf7_recaptcha_response\" value=\"\" \/>\n<\/fieldset>\n<style>\n#form-templates .contact__info {\n  background-color: #f4f4f4;\n  padding: 70px 44px 70px 50px;\n  position: relative;\n  max-width: 540px;\n  width: 100%;\nborder: 1px solid #AEB1B7;\n}\n\n#form-templates .contact__info-background {\n  z-index: -1;\n  position: absolute;\n  top: 20px;\n  left: 20px;\n  width: 100%;\n  height: 100%;\n  border: 1px dashed #ef4557;\n}\n\n\n#form-templates .new-container{\ndisplay: flex;\njustify-content: space-between;\nflex-wrap: wrap;\n}\n\n\n#form-templates{\npadding: 100px 15px 100px 15px;        \n}\n\n#form-templates .contact__info-heading {\n  font-family: 'Sora' !important;\n  font-style: normal !important;\n  font-weight: 400 !important;\n  font-size: 36px !important;\n  line-height: 46px !important;\n  color: #2E2E2E !important;\n   margin-bottom: 60px !important;\n\n}\n\n\n#form-templates .message label{\ncolor: #585858 !important;   \n}\n\n.elementor-widget-container.form-template h2,.elementor-widget-container.form-template h1{\n font-size: 60px !important;\n  line-height: 70px !important;\n  font-family: \"Sora\", Sans-serif;\n  font-weight: 400;\n  margin: 0;  \n  margin-bottom: 20px;\n}\n\n\n\n\n.elementor-widget-container.form-template p{\n  font-family: \"Karla\", Sans-serif;\n  font-size: 22px;\n  font-weight: 400;\n  line-height: 28px;\n  color: var( --e-global-color-primary );\n  max-width: 700px;\n  margin: 0; \n  margin-bottom: 40px;\n} \n  \n\n\n.new-container #spinner{\nwidth: 50%;\nmax-width: 700px;\n}\n\n\n#form-templates .new-container #spinner div.contact-us__wrapper:nth-child(6){\ngap:30px; \n    \n}\n\n\n#form-templates .contact__info-heading {\n  margin-bottom: 67px;\n  font-size: 36px;\n  font-family: karla;\n  color:  #2E2E2E;\n\n  line-height: 49px;\n}\n\n#form-templates .contact__info-steps {\n  display: flex;\n  flex-direction: column;\n  max-width: 425x;\n  row-gap: 20px;\n  border-left: 1px solid #2e2e2e;\n}\n\n#form-templates .contact__info-block {\n  position: relative;\n  padding-left: 45px;\n}\n\n#form-templates .contact__info-block:last-child {\n  box-shadow: -1px 0 0 1px #f4f4f4;\n}\n\n#form-templates .contact__info-step {\n  position: absolute;\n  border: 1px solid #2e2e2e;\n  width: 40px;\n  height: 40px;\n  display: flex;\n  align-items: center;\n  justify-content: center;\n  border-radius: 20px;\n  left: -20px;\n  top: -8px;\n  background-color: #F4F4F4;\n  color:  #2E2E2E;\n\nfont-family: Karla;\nfont-weight: 700;\nfont-size: 18px;\nline-height: 28px;\n\n}\n\n.elementor-widget-global .contact__info-step {\n        color:  #2E2E2E;\n}\n\n#form-templates .contact__info-text {\n  margin: 0;\n  font-size: 16px;\n  line-height: 26px;\n  color: #2E2E2E;\n  font-family: karla;\n\n  width: 100%;\n}\n\n\n#form-templates .contact-us__send{\nflex-shrink: 0;\nmargin-top:0;\n}\n\n\n\n@media screen and (max-width: 1279px) {\n    .new-container #spinner{\n        width: 100%;\n        max-width:100%;\n        margin-bottom:40px;\n    }\n    \n\n    .new-container .contact__info {\n        max-width: 700px !important;\n    }\n    \n}\n\n\n@media screen and (max-width: 1279px) {\n#form-templates{\npadding: 60px 15px 70px 15px;     \n}\n}\n\n\n\n@media screen and (max-width: 767px) {\n\n#form-templates .new-container #spinner div.contact-us__wrapper:nth-child(6){\ngap:20px; \n \n}\n\n\n  #form-templates .contact__info {\n    padding: 20px 20px 40px 40px;\n    margin: 0 auto;\n  }\n\n\n#form-templates{\npadding: 40px 15px 50px 15px;  \n    \n}\n\n  \n   .new-container #spinner{\n       \n    margin-bottom:30px;   \n   }\n   \n   \n   .elementor-widget-container.form-template h2,.elementor-widget-container.form-template h1{\n   font-size: 32px !important;\n    line-height: 42px !important;    \n   }\n   \n   \n   .elementor-widget-container.form-template p{\n       \n    font-size: 16px;\n    line-height: 20px;  \n    margin-bottom: 30px;\n \n       \n   }\n   \n   #form-templates .contact__info-heading{\n   font-size: 24px !important;\n    line-height: 49px !important;    \n       \n   }\n   \n\n.mailToContact{\nmargin-top: 10px !important;        \n}\n   \n\n  #form-templates .contact__info-heading {\n    font-size: 24px;\n    margin-bottom: 37px;\n  }\n\n  #form-templates .contact__info-background {\n    top: 10px;\n    left: 10px;\n  }\n\n  #form-templates .contact__info-text {\n    font-size: 12px;\n    line-height: 20px;\n  }\n  \n  \n  #form-templates .contact__info-heading {\n   margin-bottom: 35px !important;\n\n}\n\n}\n\n@media (max-width: 767px) {\n    .mailToContact {\n        max-width: 100%;\n    }\n}\n<\/style>\n\n<script>\nwindow.addEventListener('hashchange',function(e){if(window.history.pushState){window.history.pushState('','\/',window.location.pathname)}else{window.location.hash=''}})\n<\/script>\n\n\n<div id=\"form-templates\">\n<div class=\"elementor-widget-container form-template\">\n<a name=\"contact-form\"><\/a>\n<h2>Contact us<\/h2>\n<p><a id=\"calendlylink\" style=\"color: #c63031; border-bottom: 1px solid #c63031; padding: 0;\">Book a call<\/a> or fill out the form below and we\u2019ll get back to you once we\u2019ve processed your request.<\/p>\n<\/div>\n\n<div class=\"new-container\">\n\n\n<div class=\"contact-us__main\" id=\"spinner\" data-no-defer=\"1\">\n\n<div class=\"contact-us__wrapper\">\n\n<div class=\"name\">\n<label>Name<\/label>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"field_name\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required contact-us__name\" id=\"contact-name\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Name*\" value=\"\" type=\"text\" name=\"field_name\" \/><\/span>\n<\/div>\n\n<div class=\"company\">\n<label>Company<\/label>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"company\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-text wpcf7-validates-as-required contact-us__company\" id=\"contact-company\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Company*\" value=\"\" type=\"text\" name=\"company\" \/><\/span>\n<\/div>\n\n<\/div>\n\n<div class=\"contact-us__wrapper\">\n\n<div class=\"email\">\n<label>Email<\/label>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"email\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-email wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-email contact-us__email\" id=\"contact-email\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Corporate email*\" value=\"\" type=\"email\" name=\"email\" \/><\/span>\n<\/div>\n\n<div class=\"phone\">\n<label>Phone<\/label>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"tel\"><input size=\"40\" maxlength=\"400\" class=\"wpcf7-form-control wpcf7-tel wpcf7-validates-as-required wpcf7-text wpcf7-validates-as-tel contact-us__phone\" id=\"contact-phone\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Phone*\" value=\"\" type=\"tel\" name=\"tel\" \/><\/span>\n<\/div>\n\n<\/div>\n<div class=\"contact-us__wrapper subj\">\n<span class=\"wpcf7-form-control-wrap\" data-name=\"your-recipient\"><select class=\"wpcf7-form-control wpcf7-select\" id=\"form-field-subj_js\" aria-invalid=\"false\" name=\"your-recipient\"><option value=\"\">Subject*<\/option><option value=\"IT staff augmentation\">IT staff augmentation<\/option><option value=\"Turnkey product development\">Turnkey product development<\/option><option value=\"Support and enhancement\">Support and enhancement<\/option><option value=\"Careers\">Careers<\/option><option value=\"Other\">Other<\/option><\/select><\/span>\n\n<span class=\"wpcf7-form-control-wrap\" data-name=\"form-field-budget_js\"><select class=\"wpcf7-form-control wpcf7-select\" id=\"form-field-budget_js\" aria-invalid=\"false\" name=\"form-field-budget_js\"><option value=\"\">Project budget<\/option><option value=\"Under $15K\">Under $15K<\/option><option value=\"$15K-$30K\">$15K-$30K<\/option><option value=\"$30K-$100K\">$30K-$100K<\/option><option value=\"$100K-$250K\">$100K-$250K<\/option><option value=\"$250K-$500K\">$250K-$500K<\/option><option value=\"More than $500K\">More than $500K<\/option><\/select><\/span>\n\n<\/div>\n\n\n<div class=\"message\">\n<label>Message<\/label>\n<span class=\"wpcf7-form-control-wrap\" data-name=\"message\"><textarea cols=\"40\" rows=\"1\" maxlength=\"2000\" class=\"wpcf7-form-control wpcf7-textarea wpcf7-validates-as-required contact-us__message\" id=\"contact-message\" aria-required=\"true\" aria-invalid=\"false\" placeholder=\"Describe your 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Valid file formats: pdf, jpg, jpeg, png.<\/p>\n<\/div>\n\n<\/div>\n\n<\/div>\n\n<\/div>\n\n\n\n<\/div>\n\n<div class=\"contact-us__wrapper\"> \n<p class=\"pp\">By clicking Send, you consent to Innowise processing your personal data per our<a href=\"\/privacy-notice\/\"> Privacy Policy <\/a>to provide you with relevant information. By submitting your phone number, you agree that we may contact you via voice calls, SMS, and messaging apps. Calling, message, and data rates may apply.<\/p>\n\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"scoring_point\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"utmCampaign\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"utmContent\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"utmMedium\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"utmSource\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"utmTerm\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"location\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"city\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"ip\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"Summ\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"gclid\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"rating\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"urlCompany\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"urlWithParams\" \/>\n<input class=\"wpcf7-form-control wpcf7-hidden\" value=\"\" type=\"hidden\" name=\"audioMessageLink\" \/>\n<input class=\"wpcf7-form-control wpcf7-submit has-spinner contact-us__send\" id=\"contact-send-button\" type=\"submit\" value=\"Send\" \/>\n<\/div>\n\n<div class='mailToContact'>You can also send us your request <\/br>to <a href=\"mailto:contact@innowise.com\">contact@innowise.com<\/a><\/div>\n\n<\/div>\n\n<div class=\"elementor-widget-container\" style=\"z-index:1;\">\n<div class=\"contact__info\">\n  <div class=\"contact__info-background\"><\/div>\n  <div class=\"contact__info-heading\">What happens next?<\/div>\n  <div class=\"contact__info-steps\">\n\n    <div class=\"contact__info-block\">\n      <div class=\"contact__info-step\">1<\/div>\n      <p class=\"contact__info-text\">Once we\u2019ve received and processed your request, we\u2019ll get back to you to detail your\n        project needs and sign an NDA to ensure confidentiality.<\/p>\n    <\/div>\n\n    <div class=\"contact__info-block\">\n      <div class=\"contact__info-step\">2<\/div>\n      <p class=\"contact__info-text\">After examining your wants, needs, and expectations, our team will devise a project\n        proposal with the scope of work, team size, time, and cost estimates.<\/p>\n    <\/div>\n\n    <div class=\"contact__info-block\">\n      <div class=\"contact__info-step\">3<\/div>\n      <p class=\"contact__info-text\">We\u2019ll arrange a meeting with you to discuss the offer and nail down the details.<\/p>\n    <\/div>\n\n    <div class=\"contact__info-block\">\n      <div class=\"contact__info-step\">4<\/div>\n      <p class=\"contact__info-text\">Finally, we\u2019ll sign a contract and start working on your project right away.<\/p>\n    <\/div>\n  <\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\n\n<\/div>\n\n<\/div><div class=\"wpcf7-response-output\" aria-hidden=\"true\"><\/div>\n<\/form>\n<\/div>\n<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"related_content_blog_container\">[related_content_list]<\/div><script>\n            jQuery( document ).ready(function($) {\n            var parentSection = $('[data-elementor-type=\"wp-page\"]');\n            if($('[data-elementor-type=\"wp-post\"]').length){\n                var parentSection = $('[data-elementor-type=\"wp-post\"]');\n            }\n            \n                parentSection.children().last().before($('.related_content_blog_container'));\n            });\n            <\/script><div class=\"other_services_container\">[need_other_services_v2]<\/div><script>\n                    jQuery( document ).ready(function($) {\n                        var parentSection = $('[data-elementor-type=\"wp-page\"]');\n                        if($('[data-elementor-type=\"wp-post\"]').length){\n                            var parentSection = $('[data-elementor-type=\"wp-post\"]');\n                        }\n                        \n                        console.log(parentSection);\n                        parentSection.children().last().before($('.other_services_container'));\n                        var sections = parentSection.find('.net-15.dt-16');\n                        for(var i = 0; 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[display_tags][summarize_button_ai] Before you dive into the article, try to forget everything you thought you knew about banking. Decentralized finance, or DeFi, is changing the way we deal with money by cutting out the traditional middlemen, such as banks or investment companies, and eliminating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":172772,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_acf_changed":true,"inline_featured_image":false,"footnotes":""},"categories":[1175,128],"class_list":["post-172674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-andrew_author","category-blog","tag-blockchain","tag-fintech","tag-trends"],"acf":[],"_links":{"self":[{"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/posts\/172674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/comments?post=172674"}],"version-history":[{"count":0,"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/posts\/172674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/media\/172772"}],"wp:attachment":[{"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/media?parent=172674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/categories?post=172674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/innowise.com\/it\/wp-json\/wp\/v2\/tags?post=172674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}