Decentralized Finance (DeFi) | Advantages And Risks To Note
The Decentralized Finance (DeFi) System has certainly brought in new possibilities for users across the globe. In fact, the DeFi system is widely used by individuals to carry out financial transactions. Decentralized Finance is a blockchain-based architecture that utilizes digital assets, digital wallets, smart contracts, and oracles to create a financial ecosystem that is free from centralized authorized, middlemen, or intermediaries.