Over the past few years blockchain has become more popular and industries worldwide are eager to use blockchain technology to build protocols and apps and take advantage of its decentralized and distributed structure in the same way the financial industry is looking for technologies that make things easier and safer so the use of crypto assets has grown because anyone no matter where they are can access their purchases make payments And get other benefits.
Decentralized Finance is the new way to manage and keep track of money in a decentralized setting without the help of a middleman but what is defy? and how it works?.
stick with me until the end of the article and let's learn about Defi , since dapps are still new, defi users should look into new products and services like any other computer code smart contracts can be hacked or broken into Accidentally or on purpose decentralized Finance.
Defi is a new Financial technology that uses secure distributed ledgers like those used by crypto ,defi challenges this centralized Financial system by giving people the power to trade money with each other online defi gets rid of the fees that Banks and other Financial companies charge for using their services,People keep their money in a Safe digital wallet and they can send money to other people in just a few minutes anyone with an internet connection can use defi,so