REPLICATING TRADITIONAL FINANCE

Redefining traditional financial services on the blockchain offers significant benefits to blockchain users. By leveraging decentralized finance (DeFi), users can enjoy enhanced security, transparency

· Exchange:

Benyke Finance attempts to facilitate asset exchange, facilitating ramping and off-ramping through its non-custodian person to person (P2P) platform. With its version of P2P, the users control will be enhanced and security of the exchange process is assured.

· Investment:

DeFi opens up new avenues for investment opportunities by enabling users to participate in decentralized investment platforms. This allows for increased liquidity, reduced barriers to entry, and potentially higher returns for investors.

· Borrowing:

DeFi protocols facilitate decentralized borrowing and lending, eliminating the need for intermediaries such as banks. This increases accessibility to credit, especially for underserved populations, and enables individuals to leverage their digital assets as collateral. Benyke Finance offers new solutions to online collateralization of loans, as a measure to stabilize the platform for both the lenders and the borrowers

· Insurance:

Decentralized insurance solutions on the blockchain provide users with more affordable and customizable coverage, as well as increased transparency in claims management. This innovative approach makes insurance more accessible and efficient for individuals and businesses.