DeFi (Decentralized Finance)

DeFi, short for Decentralized Finance, is a transformative sector within the blockchain industry that aims to recreate and improve upon traditional financial systems using decentralized technologies. DeFi platforms offer a wide range of financial services, including lending, borrowing, trading, investment, and insurance, without the need for intermediaries like banks. By leveraging smart contracts on blockchain networks, DeFi enables more accessible, efficient, and transparent financial operations, opening up the financial system to anyone with internet access.

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