Digital Assets Evolving into ReFi | What Is That?

Due to the decentralised nature of cryptocurrencies, which eliminates any single point of failure or control, adoption is unrelenting. Additionally, because cryptocurrency is international, anyone can use it anywhere. Additionally, cryptocurrency transactions are frequently inexpensive and extremely quick.

However, it is still relatively new, making it very unstable. Finding places to spend cryptocurrency can also be challenging because it still needs to be widely accepted. Most importantly, cryptocurrencies' effect on environmental, social, and governance (ESG) issues has recently been a source of debate.

Over the past ten years, investors' interest in ESG issues has increased. The risks associated with climate change and other environmental problems, as well as a growing understanding of the significance of social and governance factors in creating long-term value, all are driving forces behind this trend.

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