how does defi work

What Is DeFi? | Decentralized Finance Explained!

What Is DeFi? | Decentralized Finance Explained!

Bitcoin at its core is a payment system in which anyone on planet earth can send money to anyone else. This simple premise was the foundation of the cryptocurrency revolution. Those building Decentralized Finance, or DeFi for short, hope to create applications which take that simple idea further than Satoshi Nakamoto could’ve ever imagined. Today, …

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What Is DeFi And How Can It Revolutionize Our Financial System? | Defined | Forbes

What Is DeFi And How Can It Revolutionize Our Financial System? | Defined | Forbes

DeFi, or decentralized finance, is a broad term for a number of financial applications based on blockchain technology. Alexander Pack, a venture capitalist focused on the cryptocurrency space, explains why DeFi has the potential to reshape many of the financial services we use every day. Forbes Defined is an original show where industry experts define …

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