1.3 Decentralized Finance Continuously Empowering

In the modern financial industry built by blockchain, the financial sector is gradually forming an open, transparent, and fair ecosystem, relying on blockchain's decentralization, distributed ledger, and immutability. However, there are still many aspects that cannot be thoroughly implemented, leading to the issue of "centralization" not being fully resolved.

In reality, various financial exchanges still operate in a centralized manner. When trading on these exchanges, digital assets are not genuinely transferred but are merely recorded by the exchange with each transaction. As to where the actual digital assets go, users lack real control, leading to frequent serious security issues with exchanges. Users' assets on these exchanges face risks from both hackers and internal theft by the exchange staff. Moreover, exchanges, in an effort to build industry barriers, keep their trading information closed and non-shareable. A decentralized industry operating through centralized means, with closed barriers and low liquidity, inevitably leads to high transaction costs and poor customer experience, which are the most urgent industry problems to be solved.

Blockchain's smart contracts and distributed ledger provide the basic conditions for tokenization, asset circulation, and digital linking across different industries and business models, forming public chains composed of various resources and relationships. To achieve true decentralization and create a completely open, fair, and distributed free financial alliance, it is essential to break the existing situation. The solution lies in using cross-chain technology to break down the last barriers between different public chains, achieving free and open cross-chain transactions, and mutual asset interoperability – the path to the future of digital assets and the creation of a free financial ecosystem.

Therefore, the development model of aggregated trading will mature and explode over an extended period in the future. This is the fundamental reason for Defimall to create a one-stop aggregated trading platform. By aggregating various aspects of the blockchain and crypto digital asset fields, it aims to solve existing industry pain points while creating higher value for users and investors.