Hatom Up! The Launch Of The First-Ever Lending Protocol On The Elrond Blockchain Is Imminent

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The world is, without a doubt, moving towards digitization with no indications of slowing down. DeFi and cryptocurrency are changing the landscape of transactions and investments. Investors with small capital could only focus on stocks in the past, but the real money lies in real estate. Today, anyone can invest in cryptocurrency and see large returns. 

With the proliferation of blockchains and cryptocurrencies, tech entrepreneurs have been scrambling to keep pace by creating e-wallets that are interoperable with all cryptocurrencies and allow for easy trade. However, as Ahmed S. and his team noticed, there weren’t any lending protocols on the Elrond Blockchain, which was how Hatom was developed by the team.

“I believe that lending is the future of Defi, and Hatom will be at its forefront,” says Ahmed S. COO of Hatom Labs. At the time of writing, Hatom is the …

Full story available on Benzinga.com

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