DeFi: Decentralized Finance - Vorphy
Guess what? This new financial system is built on secure distributed ledgers, similar to those used by cryptocurrencies.
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DeFi is a buzzword you'll likely hear more of in 2022. Decentralized finance (DeFi) refers to applications built on public blockchains that provide financial services without centralized intermediary.
Guess what? This new financial system is built on secure distributed ledgers, similar to those used by cryptocurrencies.
Several platforms are leveraging this technology to allow consumers to lend or borrow money from others, trade cryptocurrencies, hedge against risk, and earn interest from savings accounts.
Read More: https://vorphy.blogspot.com/2022/11/defi-decentralized-finance-vorphy.html
