DeFi is definitely more than just a crypto buzzword . DeFi is emerging as an exciting new financial technology taking on the centralized banking and finance sector. Unlike traditional finance, where a company, bank or fund is responsible for your money, with DeFi, only you, the investor, are responsible. It uses a combination of existing blockchain-related technologies like digital assets, wallets and smart contracts to create a financial ecosystem primed to bypass banks, brokers and exchange ; basically, anybody or anything that traditionally manages and processes financial services.
You are viewing a single comment's thread from: