Co-creator of Earnity Domenic Carosa, Dan Schatt and upcoming the Future of DeFi

Decentralized finance (DeFi) creates an alternative payment system independent from any form of governing body or financial institution. Unlike traditional payments, users have total dominion over their money.

Unfortunately, utilizing DeFi also requires some level of technical expertise. The complex jargon, challenging technical analyses, and freely customizable open platforms create a steep learning curve. Most new investors don’t even know where to start.

Co-creators of Earnity Domenic Carosa and Dan Schatt want to promote platforms that help everyday crypto traders. Will society soon integrate DeFi technologies into its daily payments processing, or will the platform be too much for new investors to learn securely?

DeFi and Payments Security:

Since DeFi technology does not rely on any third-party institution to oversee its transactions, users play a crucial role in securing their money. An unsuspecting first-timer could lose it all if they’re not careful.

For this reason, DeFi tech brands should also offer out-of-the-box cybersecurity options. After all, not everyone has prior tech experience.

DeFi and Crypto Investments:

DeFi will overhaul the cryptocurrency market with its stable coin. These are cryptocurrencies tied with fiat currency. Since they have tangible assets backing their coins, their market values wouldn’t fluctuate aggressively.

DeFi and Personal Loans:

DeFi flash loans will give commercial banks a run for their money when it comes to personal loans. These no-collateral, low-interest, DeFi-powered loans take minutes to process. On the contrary, commercial banks need a week or two to verify your work and personal details before approving your loan application.

Bottom Line

Overall, DeFi has a bright future ahead. Introducing a decentralized finance structure free of any governing body will overhaul how we store, transfer, and send money.


Admittedly, we can’t expect mass adoption any time soon. However, Co-creators of Earnity Dan Schatt and Domenic Carosa have the vision to help the future of crypto for the people. Society can achieve total integration by encouraging new users to explore DeFi through fact-based case studies and proven benefits.