DeFi Explained

DeFi has been driving a cryptocurrency resurgence since 2020 with no sign of stopping.

But, what is DeFi and how does it work?

Decentralized finance (commonly referred to as DeFi) is a blockchain- based form of finance that does not rely on central financial intermediaries such as brokerages or banks to offer traditional financial instruments.

Instead, it utilizes smart contracts on blockchains, the most common being Ethereum.

So, now that you know what it is, how can you utilize this new technology in your own business?

That’s exactly what we’ll take a closer look in this special report.