“DeFi” Decentralized finance, also known as DeFi, uses crypto assets and blockchain technology to manage financial transactions. DeFi aims to democratize finance by replacing legacy, centralized institutions with peer-to-peer relationships that can provide a full spectrum of financial services, from everyday banking, loans and mortgages, to complicated contractual relationships and asset trading.
New decentralized finance models structured with blockchain enable countries to restructure new financial resources.
“It has to be banking in the world, but it doesn’t have to be physical”