ADALend CEO Kaspars Koskins: “USD 100M Fine for BlockFi, Canada Banking Freeze Highlights the Importance of Decentralized Finance”

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Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Welcome to the second installment of our interview series with the ADALend CEO Kaspars Koskins. Recent events in the US and Canada have illustrated that Decentralized Finance is more important than ever before. ADALend is at the vanguard of this revolution in the lending industry by using blockchain technology to disintermediate the traditional middlemen - providing unprecedented access to loans for those ignored by the traditional banking system and providing high yields for investors in a persistent low interest rate environment. 

Moreover, as we have seen dramatic overreach from the SEC in the US and the Canadian government, Decentralized Finance platforms have become more important than ever to protect the wealth of ordinary citizens. We were overwhelmed with positive feedback after the last interview with Kasparas, so without further adieu, let’s begin. 

Welcome back Kasparas, in our last interview we discussed deeply the value that ADALend provides for the middle classes in the western world as well as emerging markets. For those of our audience that missed it, can you summarize the ADALend value proposition?

 Certainly, first let me just say it’s great to be back here. The passionate ADALend community loved our last interview and we touched on many topics that resonated with them and attracted many other like minded folks to join us. Today we are going to go even deeper philosophically into why Cardano and decentralized financial systems are more important than ever, and how recent events in the US, Canada and even Russia are highlighting this. However, first let me recap the ADALend vision and mission as you wisely suggested. 

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