DeFi (Decentralized Finance) | Emerging Alternative to Centralized Finance

submitted 4 years ago by anjaliyadavoodlestechnologiescom to bitcoin

Decentralized finance, which we also refer to as DeFi, associates with the transition of financial frameworks. Blockchain’s distributed technology provides frameworks for the shift from existing centralized systems to peer-to-peer ecosystems. The DeFi infrastructure has enabled opportunities with an expansive ecosystem comprising integrated protocols and financial instruments. They range from lending and borrowing platforms to stablecoins, tokenized crypto-tokens, and decentralized crypto exchange platform development.