Ever wondered if there's a financial system that doesn't rely on banks or traditional institutions? You'll discover how Decentralized Finance (DeFi) is building an alternative, offering services like lending and borrowing directly on the blockchain.
The traditional financial system is centralized, meaning banks and institutions act as intermediaries for everything from loans to savings. This structure can lead to slower transactions, higher fees, and limited access for many.
Centralized finance (CeFi) requires trust in these intermediaries to manage your money and data.