What is Decentralized Finance (DeFi), Core Principles and Applications of DeFi

What is Decentralized Finance (DeFi)? Decentralized Finance, commonly referred to as DeFi, is a revolutionary approach to traditional financial systems that leverages blockchain technology to create an open and transparent ecosystem. It aims to remove intermediaries, such as banks and financial institutions, and enable direct peer-to-peer transactions. In essence, DeFi provides individuals with full control […]