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Decentralized finance

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Decentralized Finance (or Defi), is reshaping the global financial system with an open, transparent and accessible, substitute for the traditional banking system. Using the blockchain technology, DEFI, allowing users to lend, borrow, swap and earn interest on digital assets without banking or financial institution intermediaries. As the Defi is expanding, it is transforming the financial services by making it more effective, reducing the cost and providing financial inclusion to millions of people worldwide. Not just…

Digital currency technology has received considerable attention in recent years. If you are familiar with the digital currency market and cryptocurrencies such as Bitcoin, you have often heard the name Blockchain. Since this technology is the basis of digital currencies, knowing what Blockchain is and how it works is essential. If you are new to cryptocurrency and investing in digital currencies, Follow this article from the Flashift blog. It will answer the question of Blockchain,…

Decentralized finance, or DeFi, will replace the current financial system in the future. Through DeFi, we become familiar with digital currencies. Decentralization is one of the distinctive features that sets apart traditional financial markets. By “decentralized,” we mean the control and decision-making regarding money (in the entire financial system) of a country by specific authorities and central banks (certain individuals and groups). In other words, financial flows of a country are centrally controlled by government…