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WHAT IS: Decentralized Finance (DeFi)

Summary by techloy.com
šŸ’”TL;DR -Ā Decentralized Finance (DeFi) is a peer-to-peer financial system that uses blockchain technology to offer financial services directly to users without intermediaries like banks or brokerages.Speaking of money, it’s weird how your money is never really yours. At least, it's not yours in the traditional sense. For decades, banks, brokerages, and other middlemen have stood between you and your funds, moving at the pace of paperwork and pol…
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techloy.com broke the news in on Friday, May 23, 2025.
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