what is Decentralized Finance for Startups and Enterprises

submitted 3 months ago by kevin45 to custom_software_development

DeFi (Decentralized Finance) for startups and entrepreneurs in 2024 refers to blockchain-based financial services that provide decentralized alternatives to traditional banking. It enables startups to develop and engage in lending, borrowing, trading, and yield-generating platforms that do not require intermediaries such as banks. With cheaper fees, greater transparency, and global accessibility, DeFi provides a chance for entrepreneurs to innovate, disrupt financial systems, and develop new business models in the expanding decentralized economy.\

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