Tag: peer-to-peer lending

DeFi Demystified: Is Decentralized Finance Right For You?

DeFi Demystified: Is Decentralized Finance Right For You?

Decentralized finance (DeFi) is a relatively new, peer-to-peer decentralized financial ecosystem. Its goal is to remove the need for intermediaries and centralized authorities from financial transactions. DeFi applications interact directly with a blockchain. This lets individuals use their money without restrictions to trade, buy, loan, gift, and utilize in a...