With 11 new blockchains in the BigQuery public datasets program, the Web3 community gets a more comprehensive view of the crypto landscape.
The insurance industry plays a vital role in protecting businesses and individuals against potential losses. However, with technological advancements, customers expect faster and more personalized services, leading to increased complexity and challenges for traditional insurance systems.
Decentralized Finance (DeFi) is a financial service based on ledgers, just like the ones used by cryptocurrencies. In the U.S., DeFi technology challenges the current centralized finance system by empowering individuals to manage their own financial exchanges via a crypto wallet. Because decentralized finance eliminates fees from banks or other financial institutions, anyone with an internet connection can use DeFi.