DeFi is a financial tool in the form of services and apps created on the blockchain. The main objective of decentralized finance is to be an alternative to the banking sector and to replace the traditional technologies of the current financial system with open-source protocols. In the DeFi environment, you don’t need to pass KYC to trade cryptocurrency, you don’t need to prove your solvency to get a loan, you don’t need to disclose your identity for any transactions. What does that mean? Netw...