Understanding Decentralized Finance (DeFi)
Decentralized Finance (Defi) assets are getting a lot of recent attention from investors as they change the way we do business and take crypto transactions to the next frontier. Defi—often called Decentralized finance—refers to the shift from traditional, centralized (Cefi) financial systems to peer-to-peer finance enabled by decentralized technologies built on the Ethereum blockchain. From lending and borrowing platforms to stablecoins and tokenized BTC, the Decentralized finance ecosystem has launched an expansive network of integrated protocols and financial instruments. By deploying immutable smart contracts on Ethereum, DeFi applications can run exactly as programmed without any possibility of third-party interference or censorship. For more read our blog on Automate Your Venture With Decentralized Finance https://medium.com/@juliedsouza790/automate-your-venture-with-decentralized-finance-fa8b3bfb3f39
Understanding Decentralized Finance (DeFi)
Decentralized Finance (Defi) assets are getting a lot of recent attention from investors as they change the way we do business and take crypto transactions to the next frontier. Defi—often called Decentralized finance—refers to the shift from traditional, centralized (Cefi) financial systems to peer-to-peer finance enabled by decentralized technologies built on the Ethereum blockchain. From lending and borrowing platforms to stablecoins and tokenized BTC, the Decentralized finance ecosystem has launched an expansive network of integrated protocols and financial instruments. By deploying immutable smart contracts on Ethereum, DeFi applications can run exactly as programmed without any possibility of third-party interference or censorship. For more read our blog on Automate Your Venture With Decentralized Finance https://medium.com/@juliedsouza790/automate-your-venture-with-decentralized-finance-fa8b3bfb3f39