The general hype around the DeFi movement is proving to be infectious. DApps based on other blockchains are now fully-fledged members of the DeFi club. Financial applications developed on EOS, Stellar, and even exchange blockchains such as Binance, are becoming more prevalent. Here, we round up some of the projects stretching DeFi beyond the borders of Ethereum.
The entire Stellar platform is a decentralized protocol for financial applications, which in itself qualifies it as a DeFi use case. However, there are several DApps developed on the Stellar blockchain that also belong in the DeFi category.
SatoshiPay is one case in point, cashing in on the growing market for micropayments. Any website can embed the SatoshiPay widget so that visitors can pay a few cents to download content.
SatoshiPay is developing a two-way payment platform, which enables online content providers to monetise their digital content through the acceptance of nanopayments. Blue Star Capital Plc (LON:BLU)is an investing company with a focus on new technologies, their investments include a 29.4% holding in SatoshiPay.