NTC-$: A Defi Application built on Ethereum
DeFi (Decentralized Finance) applications are powered by blockchain networks, particularly Ethereum, and leverage smart contracts to automate transactions seamlessly.
Smart contracts are self-executing computer programs that can enforce the terms of an agreement between multiple parties.
NTC-$ represents the first cryptocurrency within the NTC-Currencies process, which is a DeFi application developed on the Ethereum blockchain. NTC Platform has pioneered a decentralized application that utilizes a smart contract on Ethereum to issue NTC-$ cryptocurrencies and $Shield collateral in a decentralized manner.
DeFi applications possess the potential to challenge the traditional financial system by offering a more transparent, accessible, and intermediary-free financial infrastructure.
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