30s Summary

Azura is a new one-stop-shop app for all things cryptocurrency that aims to simplify access to decentralized finance (DeFi) applications. Backed by big names in the crypto world, it aims to support all blockchain forms and protocols. Their goal is to make DeFi’s benefits like decentralization, transparency, and asset self-custody more accessible, as current complexities and multiplicity of blockchains, protocols, and wallets tend to deter crypto beginners.

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Azura, a new one-stop-shop app for all things cryptocurrency, has just launched with backing from some big names in the crypto world. Azura’s goal is to make it easier for new investors to get into decentralized finance (or DeFi) applications and start trading.

As of its October 22 launch, Azura says their platform aims to support all forms of blockchain and protocols. This means it plans to bring together all the major types of decentralized infrastructure into a single, easy-to-use app. By simplifying everything into one place, Azura hopes to make the benefits of DeFi – such as decentralized control, transparency, and self-custody of assets – more accessible to new users.

At the moment, people using DeFi have to navigate lots of different blockchains, protocols, online wallets, and bridges between blockchains. Azura believes this complicated process is putting off crypto beginners from using decentralized apps.

This story is still developing, so we’ll keep you updated as more information becomes available.

Source: Cointelegraph