DeFi logic

Dave Madan describes the potential of decentralised finance

In recent years, decentralised finance (DeFi) has emerged as a disruptive force in the financial world. Built on blockchain technology, DeFi aims to revolutionise traditional financial systems by eliminating intermediaries and empowering individuals. But how does DeFi work and why does it matter?

Traditional financial systems rely heavily on banks, payment processors and other intermediaries. DeFi challenges this model by allowing direct peer-to-peer transactions. Participants interact with smart contracts; self-executing agreements that automate processes without the need for intermediaries.

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