Blockchain Technology

Learn: What is decentralized Finance (DeFi)?

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Release Date:
September 14, 2018

Overview of Decentralized Finance

Decentralized finance, also known as DeFi, is a fast-growing sector of the blockchain ecosystem.
DeFi aims to creates decentralized financial services and other products that are non-custodial in nature, and do not rely on one central party, using smart contracts.
In these smart contracts, digital assets are deployed by users to perform a specific financial function.

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