Pure Creativity > The Artists' Ward :: The Gallery :: > What is decentralized finance.

What is decentralized finance. - Posted By Faina (faina) on 3rd Dec 21 at 7:08am
Decentralized finance (DeFi) is a financial relationship carried out by means of money that is formed within various enterprises, companies, households or individuals. DeFi refers to an ecosystem of financial applications that are built on top of blockchain networks. The term “decentralized finance” can refer to a movement that aims to create an open, free and transparent financial services ecosystem that is accessible to everyone and operates without interference from any government. Users will maintain complete control over their assets and interact with this ecosystem through peer-to-peer networks (P2P) and decentralized applications (dapps).

Re: What is decentralized finance. - Posted By Matango (matango) on 3rd Dec 21 at 9:42am
Good day everyone! Decentralized finance today occupies an almost dominant role in the world of cryptocurrency. If you are new to this question, then I would advise you to read the article about defi and it will give you an understanding. I am sure that all cryptocurrency owners are interested in the rise in prices and you can think about successful investments in digital coins.