Introduction to DeFi The financial industry is undergoing a revolution with the emergence of decentralized finance (DeFi). This groundbreaking concept is reshaping the way people interact with financial services by eliminating intermediaries like banks and financial institutions. DeFi means individuals can conduct financial transactions using blockchain-based platforms that are secure, transparent, and permissionless.
In this guide, we’ll explore What is DeFi, how DeFi technologies operate, and the benefits and challenges associated with DeFi investment.