Decentralized Finance Video

Decentralisation with Blockchain, mostly based on Ethereum, means that there is not a single point of error, as identical records are stored on thousands of computers via a peer-to-peer network. Because it is unlicensed, it is open to anyone, regardless of their wealth or place of residence. And while a bank or payment service provider can close the account of a disgusting customer, block chains are censored.

That means the drive on DeFi focuses on decentralised applications, also known as DApps. These plug-and-play tools make it easy for anyone with a smartphone to access financial services at a lower cost.

What is DeFi? | Decentralized Finance on Ethereum

DeFi is short for "decentralized financial services" and represents a global ecosystem of decentralized apps being built on the Ethereum blockchain. DeFi apps ...
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