with all these smart contract decentralized lending services I was thinking how could you trust to lend money?
For example there are lending decentralized DAPPs, I would like to know how do they work. What happens for example if someone steals my data and he asks a loan in cripto in my name?
That's why you need to make sure that your account is secured from hackers so that your account will not be used in any form like lending without your approval. The only time they can borrow using your details is when they use your account. They cant use another account and pretend to be you. For example there are lending decentralized DAPPs, I would like to know how do they work. What happens for example if someone steals my data and he asks a loan in cripto in my name?
