Hello! 👋🏻 In this post, we'll tell you everything you need to know about de-social transactions.

❓ Newcomers to the blockchain can be confused by the term “de-social transactions”. What is it?

De-social transactions are transactions within a decentralized network such as the DSF network.

❓ What are the main benefits such transactions offer their users?

🔐 First of all, it is the security that our network provides.

🔸 Transactions between fiat currencies cannot be protected from fraudulent transactions. There is no way for both parties to know if the other person can fulfill their terms of the deal.

🔸 Smart contracts come to the rescue, which themselves control the process. If one of the parties cannot fulfill its obligations, then the transaction will not go through. This technology has proven itself well on DeFi exchanges, for example.

💳 Another advantage of decentralization is cross-border and no bureaucracy.

🔹 Transferring funds to another country, especially if it is a large amount, in the case of fiat money is an extremely difficult task. You have to fill out a lot of documents and wait a long time for the transaction to arrive.

🔹 Decentralized transactions solve this problem. No matter what part of the world the other party is in, funds will be delivered extremely quickly and without having to fill out useless papers.

✅ Thus, decentralized transactions are the best solution for anyone who is transferring funds abroad, or who fears becoming a victim of a fraudulent transaction.

📢 Learn more about DSF and de-social transactions within its network: https://dsft.io