Decentralized Finance (DeFi) Introduction

Decentralized Finance (DeFi) Introduction

DeFi has become a trending topic in the blockchain community. In contrast to the decentralization of money through Bitcoin, DeFi aims for a broader approach of generally decentralizing the traditional financial industry. The core of the initiative is to open traditional financial services to everyone and to provide a permissionless financial service ecosystem based on blockchain infrastructure. This has been enabled by decentralized technologies that have emerged in recent years.…