Common terms that will help you navigate the world of Decentralized finance

DApps: Dapps are decentralized applications, which are apps that run on a blockchain. Blockchain is a distributed database that allows for secure, transparent, and tamper-proof transactions. dApps can potentially disrupt a wide range of industries by providing a more secure and decentralized way of doing business. DEX; Decentralized exchanges (Dex) serve as peer-to-peer exchange platforms on the DeFi network. Smart Contracts: Smart contracts are blockchain-powered contracts containing code that runs DeFi networks. As a premier Defi development company in India, we help transform traditional financial services into risk-free, encrypted, and equitable DeFi Apps. https://lbmblockchainsolutions.com/defi

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@Julidggh posted 2 years ago

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