DeFi refers to decentralized finance, which covers the overarching concept of eliminating financial intermediaries and provides value in the provision of more extensive use cases for blockchain technology. DeFi is the short form of “decentralized finance,” an overarching term for the variety of products and simplified services that disrupt the financial industry by removing all intermediaries. The blockchain inspires the concept to ensure that all transactions are held in a copy of the distri...

DeFi refers to decentralized finance, which covers the overarching concept of eliminating financial intermediaries and provides value in the provision of more extensive use cases for blockchain technology. DeFi is the short form of “decentralized finance,” an overarching term for the variety of products and simplified services that disrupt the financial industry by removing all intermediaries. The blockchain inspires the concept to ensure that all transactions are held in a copy of the distri...