Decentralized Finance (DeFi) transforms financial services by leveraging blockchain technology to eliminate intermediaries. It enables peer-to-peer transactions, providing accessibility, transparency, and efficiency. DeFi encompasses various services, including lending and exchanging, while presenting risks like security vulnerabilities and market volatility. Users must navigate these challenges to unlock DeFi's potential.
The post Decentralized Finance (DeFi): The New Financial Ecosystem appeared first on Vinod Sharma's Blog.