Decentralized Finance (DeFi): A New Era of Financial Freedom
Introduction to Decentralized Finance (DeFi) Decentralized finance, often abbreviated as DeFi, represents a paradigm shift in the financial sector, offering an alternative to traditional financial systems. Utilizing blockchain technology, DeFi eliminates the need for central intermediaries like banks and financial institutions, enabling peer-to-peer financial interactions. This revolutionary approach leverages smart contracts, which are self-executing contracts […]
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