In our attempt to shed light on people new to DeFi, we will start by first going through the basics of how traditional financial institutions work. For simplicity, we will focus on the most leveraged institutions in the traditional financial system, the banks, and discuss their key areas to see the potential risks. Defi seeks to build a better financial landscape with the advent of the internet and blockchain technology. particularly in three sectorAccessibilitycentralizationPayment system."D...
