The world of finance has been transformed by blockchain technology. In recent years, more and more people have begun to realize the benefits that decentralized cryptocurrency offers over traditional banking systems. Because of this paradigm shift, banks are struggling with how they can compete in a system where no middleman is needed to verify transactions or control funds flow.
Decentralized finance is a new and emerging financial system that has the potential to disrupt traditional banking and create opportunities for investors. The merging of decentralized and traditional finance is inevitable. Read more in detail here: what is decentralized finance.
- what is defi crypto