Defi and Artificial Intelligence, the revolution of the economic and financial future.

Originally Posted On Publish0x

The world of economics and finance is constantly changing, although traditional methods of banking, investment and insurance have been the norm for many years, technological advances have brought with them new ways of managing money, such as Blockchain, cryptocurrencies and non fungible tokens (NFTs). However, two recent developments are poised to have the most significant impact on the economic and financial future: deFi and Artificial Intelligence.

DeFi, or decentralized finance, is a generic term for a set of financial applications that run on blockchain or distributed ledger technology. DeFi applications eliminate the need for centralized intermediaries and allow users to conduct peer-to-peer or P2P transactions without the need for intermediaries. This enables faster, cheaper and safer financial transactions and services, such as loans, insurance and investments. The most popular form of DeFi is the use of smart contracts, which are self-executing computer programs that automatically execute transactions when certain predetermined conditions are met. Smart contracts are based on a blockchain, which is a distributed, immutable ledger that records all transactions made in a given cryptocurrency. Smart contracts are secure, reliable and transparent and as a result, provide a safer and more efficient way to conduct those financial transactions.

Artificial Intelligence (AI) on the other hand is a branch of computer science that aims to create intelligent machines that can think, act and reason like humans. Artificial Intelligence is rapidly gaining popularity in the world of finance and economics, as it can be used to make decisions much faster and more accurately than humans. AI algorithms can analyze large amounts of data and make decisions in real time, which would not be possible for humans. AI can also be used for predictive modeling because it can help make better investment and other financial decisions. For example, AI can be used to predict the price movements of different assets and currencies and increase the performance of your portfolios. Artificial Intelligence can also be used to automate trading algorithms and decide on which investments to make and when, helping to reduce investment risk and increase returns.

What could happen in the future, the impact of DeFi and Artificial Intelligence is set to revolutionize the world of economics and finance, the combination and integration will enable faster, cheaper and safer financial transactions as well as more accurate and efficient investment decisions. This will create a more efficient and secure financial system that can be accessed by anyone with an Internet connection and open up new opportunities for small businesses and entrepreneurs. In addition, DeFi and Artificial Intelligence have the potential to reduce inequality, as they can provide access to financial services to those who are currently excluded from the traditional financial system, directly impacting poverty reduction and increasing economic growth worldwide.

The use of Artificial Intelligence in decentralized finance can be used to automate processes improving efficiency and reducing costs. With its potential to create new financial products and services, such as algorithmic trading and automated investment management, new markets and opportunities could open up for investors around the world. The upshot of this is that, in the long term, DeFi will create an entirely new financial architecture that can operate without the political considerations that have dominated the industry, eliminating the excess profits that intermediaries and exchanges have been extracting from the financial system for decades.

If in the future DeFi and Artificial Intelligence achieve the elimination of traditional centralized governance structures, they will open the field to explore a number of new frontiers in the world of financial services, although the main issues facing the pragmatic practical evolution of DeFi and Intelligence are a number of security-related challenges. The utopian ideal of a decentralized financial system that can be accessed by anyone with an Internet connection remains a far-fetched idea for many, but it is not impossible; numerous technologies, including machine learning approaches, are being developed to address these challenges.

As the world continues to move towards a more digital economy intermediaries and institutions may be replaced by a network of participants in a truly decentralized ecosystem, DeFi and Artificial Intelligence, although it is still too early to predict, are the next frontier of finance and could be at the forefront of this revolution.

 “Everyone has their own forms of expression. I think we all have a lot to say, but finding ways to say it is more than half the battle" - Criss Jami.

"Everything we hear is an opinion, not a fact. Everything we see is a perspective, not the truth" - Marcus Aurelius.

All of the Tools, Platforms and Applications that are promoted in this article have referral programs with which you can earn passive earnings without investment, however, I recommend that you do your own research.

⚜ Bitrefill - Living with crypto, a philosophy of financial freedom. Travel, play, eat and live with BTC.

⚜ Nowpayments - Non-custodial cryptographic payment gateway that allows merchants to accept payments in more than 50 cryptocurrencies.

⚜ Velzon Trading Bot - Cryptocurrency trading bot powered by artificial intelligence, percentage: 4.5% Daily (See article).

⚜ Mosdex - AI-powered cryptocurrency arbitrage betting platform.

⚜ CoinInn - Trading - Bonus between $500 and $750, only profits are withdrawable (Need to complete KYC to extract).

⚜ StormGain - Trading - They can start without investment, capital is acquired with the Bitcoin Cloud Miner. Only profits are withdrawable.

⚜ QuantFury (JRRU2593) - Trading - Bonus in cryptocurrencies or company stock worth up to $250.

⚜ KuCoin,  BingX, Cex, PrimeXBT, CoinEX,  MoonXBT, BiBox, BitYard, ZooMex - Trading - They offer different bonuses.

⚜ CoinMarketCap, TradingView - Indispensable tool for traders.

⚜ Publish0x - Earn daily ETH, AMPL & $POT for reading or writing articles.

⚜ AddmeFast, BscAds, Invitation (1), Invitation (2) - Increase your traffic sources, your social media presence and earn cryptocurrencies.

⚜ NFTify Store - To create your own NFTs store, without investment, no codes. 

⚜ StormGain affiliate program, Wallet HandCash - Make money and/or cryptocurrencies with affiliate marketing.

⚜ Ledger,  BixBox02, Ellipal Titan, Keystone - Hardware Wallet.

⚜ Wallet HandCash, Wallet Guarda - Other wallets with affiliate marketing.

⚜ Books & Other Tools - Some things you may find interesting.

"You will ask yourself: And if I take a risk and lose...? I will ask you: AND IF YOU RISK AND WIN? Success begins with thought, because sooner or later the man who wins is the one who believes he can do it. Do not be afraid of mistakes or failure, winners are not afraid of losing, losers are, in most cases the risk comes from not knowing what you are doing, so trust yourself, learn, be patient, manage your emotions and above all, enjoy the journey, what the wise man does at the beginning, the fool does at the end" - Anonymous.

💖  Donations From Good Samaritans & Patrons 💖

Author's Note: The opinion expressed here is not investment advice, is provided for informational purposes only, and reflects the opinion of the author only. I do not promote, endorse or recommend any particular investment. Investments may not be right for everyone. Every investment in the market and every trade you make involves risk, so you should always do your own research before making any decision. I do not recommend investing money that you cannot afford to chair, as you could lose the entire amount invested.