“Decentralized Finance (DeFi): Redefining Traditional Banking”
Introduction Decentralized Finance (DeFi) is a rapidly evolving financial ecosystem built on blockchain technology. It promises to revolutionize traditional banking by eliminating intermediaries, offering greater financial inclusion, and providing enhanced transparency and security. This article explores the core concepts of DeFi, its potential benefits, challenges, and the future landscape of this transformative financial paradigm. Understanding…