Decentralized Finance

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 July 16, 2022

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Decentralized Finance (DeFi) democratizes finance by replacing legacy, centralized institutions with peer-to-peer relationships that can provide a full spectrum of financial services, from everyday banking, credits, and mortgages, to complicated contractual relationships and asset trading. It takes the key components of the work done by banks, exchanges, and insurers today like lending, borrowing, and trading, and shifts the baton to individuals who have the required expertise.

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https://wagonslearning.com/