What Is Decentralized Finance (DeFi)?

What Is Decentralized Finance (DeFi)?

DeFi, short for decentralized finance, is an emerging category of financial services based on blockchain technology and decentralized applications (dApps). DeFi lets its users make transactions without intermediaries such as traditional banks and financial institutions, enabling payments, lending, or investments based on open protocols that allow for new and flexible ways of financial relationships.
Read More