In the ever evolving world of finance there is a new player making waves decentralized finance commonly known as DeFi At its core DeFi aims to recreate traditional financial systems like lending borrowing and trading but with a twist Instead of relying on intermediaries like banks or brokers DeFi operates on blockchain technology Specifically on platforms like Ethereum This means that all transactions and agreements are managed by smart contracts which are self-executing contracts with the terms of the agreement directly written into code It's a revolutionary approach offering more transparency accessibility and control to users #DeFiRevolution #DecentralizedFinance #BlockchainFinance #EthereumPlatform #SmartContracts #TransparentTransactions #BypassingBanks #FinanceEvolution #DeFiBenefits #UserControlledFinance
Via https://www.youtube.com/watch?v=6Y40YrHGxbs
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