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What Is DeFi? Decentralized Finance Explained
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What is DeFi? Decentralized Finance Explained
Blockchain technology is quite popular for maintaining a secure and public record of cryptocurrency transactions. In recent years, developers have explored a more complex application of blockchain to the financial world, which led to the creation of decentralized finance, or as it is popularly known – DeFi. DeFi seeks to challenge the boundaries, limitations and control of the traditional financial system using the power of blockchain. With DeFi…
Traditional finance and decentralized finance are often opposed. A reductive vision, the real topic being how they can coexist to build more efficient, transparent and inclusive finance.
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