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Decentralized Finance (DeFi): Disrupting Financial Intermediaries

ReportLinker
·1-min read
ReportLinker
ReportLinker

Developers coined the term DeFi (defy) to illustrate eliminating regulatory parties and intermediaries from transactions, as multiple parties being involved in a transaction leads to low transparency and money loss for the user in a traditional financial system.

New York, Jan. 23, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Decentralized Finance (DeFi): Disrupting Financial Intermediaries" - https://www.reportlinker.com/p06383522/?utm_source=GNW
DeFi allows clarity and transparency, giving users confidence and an understanding of where their money is circulating.

It is an open finance technology that supports financial transactions using cryptocurrency and blockchain.

DeFi platforms are easily scalable; new products and methods of transactions can be easily built where rules and restrictions related to transactions can be minimized.This study offers an understanding of the following areas:Understanding DeFi as a conceptDeFi market analysisSignificant participants and their offeringsStrategic insightsDeFi growth opportunities
Read the full report: https://www.reportlinker.com/p06383522/?utm_source=GNW

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