Blockdaemon partners with VerifiedX to create self-hosted DeFi for the mass market

Crypto infrastructure provider Blockdaemon and Bitcoin sidechain VerifiedX are rolling out a major upgrade designed to make everyday cryptocurrency usage easier for non-technical users. The experience is designed to make users feel closer to Venmo or Cash App. Blockdaemon provides technical support, including node operations, staking systems, and liquidity management, while VerifiedX takes care of the user experience, including payments, merchant transactions, and simple asset transfers. The partnership aims to provide self-hosted DeFi capabilities for users who prefer not to use a control panel or connect to an on-chain wallet.