DeFi: A brand new world

5 min readFeb 3, 2021

In its early days, the world wide web was a mysterious tool, available only to those who knew how to use its power and understand its core.

Today, the internet is a given. Literally the whole planet has access to it and can’t even seem to remember life before it.

We foresee the same thing happening with DeFi. Although we’re probably a pretty long way from that ideal blockchain application scenario, it’s becoming clearer and clearer that traditional banking is losing ground and will one day be obsolete.

And it’s up to us to pave the way to this brand-new upcoming reality. That’s what visionaries have always done; and now, together, we are stronger than ever. In the age of speed, efficiency and automation, us Chaingers will be the driving force behind the new era of digital transformation.

But in order to reach our maximum potential we need the right tools to do so. And the most powerful tool we have at hand is information. Nothing beats that. So, let’s take a quick look at some of the life-changing benefits Chainge will bring to the table and let’s share them with as many people as possible:

The ability to build your own digital bank

Today, most people are using centralised financial institutions for their daily needs. Banks play the role of “rulers”, controlling huge amounts of wealth and using it as they please. Moreover, these services are often quite complicated, tedious and expensive. So, the demand for something better, simpler and more cost efficient is getting to the point of stringency. This demand is even further increased by people wanting to digitise fiat & financial instruments as well as NFTs getting more and more traction.

That’s where Chainge comes in and shifts the paradigm to complete freedom and (at the same time) 100% control over all financial services. Long story short, everyone will be enabled to provide and get financial services to and from others anywhere on the globe.

And all of this will be possible because DeFi protocols are automated and essentially skip out on the need for human moderation in financial services and products. Thus, the costs will be lowered and efficiency dramatically increased.

You can even think of all this as a “self-driving bank” if you want, where human error is no longer possible and everything you had to do “manually” before will now be automatically done with the help of technology. From smart contracts to payments or deposits, it will all be just a few taps away. With no middlemen. No hassle. No red tape.

Financially connect with your loved ones.

Like it or not, finance is a HUGE part of our lives. And by that we mean our personal lives as well. From raising money for birthday presents, organising family vacations or friends’ outings to transferring, borrowing or simply saving up together, most of our group activities do have a financial component. Wouldn’t it be nice to be able to do all that and more by using one simple app?

Well, we think so.

That’s why Chainge will make it possible.

You’ll be able to connect with other people just like you do on social media and this will enable you to perform any kind of financial transaction in a completely safe manner, without actually meeting face to face or using a centralised institution.

Your financial connections ecosystem will grow exponentially and you’ll soon have unlimited options when it comes to financially connecting with your friends, business acquaintances and loved ones.

One button away from any financial service.

This again, might be an uncomfortable subject for some but if we’re to take an objective look at what really pushed humanity towards evolution for the past centuries, we’ll discover it was simply put: laziness — the comfort of doing complex operations with as little effort as possible.

It might sound harsh, but automating tasks like washing and feeding, helped us evolve as a species and gave us the time needed to enjoy life and focus on the things that truly matter to us. It also helped us contribute to the welfare of our global society, eradicate diseases and provide for those unable to provide for themselves. So, if you never thought about how much good came out of the desire to simplify our daily needs then this is the perfect time to do it.

Because the next stage of ease and simplicity is knocking at your door, as we’re proud to introduce: The magic button — the button that does almost anything for you.

From payments to exchange and acquisition, all your basic financial needs will be met with one simple tap of that one amazing button.

Business automation

The simplest way to define ERP is to think about all the core processes needed to run a company: finance, manufacturing, HR, supply chain, services, procurement, and others. At its most basic level, ERP integrates these processes into a single system.

Chainge will also play a huge role here because… well… because it CAN.

The intrinsic features of blockchain make the perfect recipe for using it in ERP system applications.

Today, there are 2 main use cases which really need business automation:

  • payroll services
  • profit sharing model

Payroll-related payments that will run through Chainge offer the potential for faster transaction speeds, faster tax reconciliation, and the ability for HR professionals to authenticate employment history; While profit sharing will be done automatically in an on-point 100% correct, fast and transparent manner.

We’ll soon be experiencing stability and security at their best.

All of the benefits above and more will become reality.

All that’s left to do is shout it from a roof top:
Chainge is going to change the world!

About Chainge

Chainge is the digital finance app that’s going to introduce the world to complete financial freedom. We provide bank level security, customised financial services, flawless automation, while offering a top-notch user experience for everyone.

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