What is DeFi in Blockchain | Decentralized Finance Explained

What is Decentralized Finance (or DeFi)? Well, it is a financial system that eliminates third parties such as banks from financial exchanges by using blockchain technology. Instead of using an intermediary that controls the financial flow, DeFi uses P2P (peer to peer) to eliminate the limitations of a centralized system without compromising security. Sounds interesting? …

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