First Published on @IOSG Medium on Jul 23, 2020All of a sudden, almost everyone starts to talk about DeFi, but what is it? The main idea behind Decentralized Finance (DeFi) is that by creating financial products and contracts using smart contract programs that run on a blockchain, we can create a much more open, transparent and fair market that is more amenable to innovation. One day, this new market may serve as a critical alternative to the incumbent financial market. DeFi has been growing ...