How Decentralized Finance revolutionizing the financial industry

Decentralized finance provides financial instruments without relying on any regulating third parties such as banks etc and gives its users full control via a peer-to-peer network. DeFi transactions rely on distributed, secure ledgers like blockchain technology.

In our traditional finance system Users have to share their personal data to create their individual accounts to initiate transactions. It may be vulnerable to security breaches. but in DeFi (decentralized finance) Decentralized Finance does not ask for any personal data of individuals. Just connecting their personal wallets enough to initiate the transactions.You can learn more about decentralized finance from reputable Defi Development Company In India. https://lbmblockchainsolutions.com/defi