Binance Smart Chain, the company’s parallel chain, creates a formidable ecosystem to decentralize financial services with blockchain app development.
It’s not unreasonable to expect that DeFi will be the next “great thing” in global finance, given its rapid growth and the amount of new developing use cases.
Decentralized Finance (DeFi) is an acronym for decentralized finance.
DeFi refers to the internet-native financial market. It presents opportunities to develop and offer products and services similar to traditional finance but in the form of decentralized, autonomous applications built on blockchain technology, like crypto exchange platform development.