Opinion
The next wave of DeFi will see users utilizing L2 chains, interacting freely or at near-zero cost with newer DeFi applications.
Ahmed Al-Balaghi is the CEO and co-founder of Biconomy. Before that, Ahmed worked for Jabbar Internet Group, a Dubai-based venture capital firm. He also founded Encrypted, the largest podcast in MENA dedicated to fintech, blockchain and crypto assets. Prior to that, Ahmed spent time as a blockchain researcher in Shanghai, China. He has also worked for institutions such as Citibank, Dow Jones and Ofgem.
The next wave of DeFi will see users utilizing L2 chains, interacting freely or at near-zero cost with newer DeFi applications.
Multichain solutions will change the blockchain space from an “interesting new technology” to an essential, high-growth industry.