Decentralized Finance (DeFi)

DeFi eliminates intermediaries in financial services, democratizing access to financial tools.

Applications:

• Lending, borrowing, and staking platforms.

• Decentralized exchanges (DEXs) for token trading.

• Stablecoins for cross-border transactions and payments.

Benefits:

• Provides financial inclusion for underbanked populations.

• Offers lower fees and greater transparency compared to traditional finance.