The uncertainty posed by the year 2020 has made investors explore beyond traditional investment options. The blockchain and cryptocurrency space have appeared to be quite attractive for investors. Moreover, the

The uncertainty posed by the year 2020 has made investors explore beyond traditional investment options. The blockchain and cryptocurrency space have appeared to be quite attractive for investors. Moreover, the cryptocurrency industry seems to have recovered way faster than the traditional investment markets. Decentralized Finance or DeFi is the one industry that has been booming this entire year. While the use cases of blockchain have been explored in the banking…

Decentralized Finance, or DeFi, is an ecosystem of applications designed on blockchain networks in the banking and finance sector. It is also referred to as open finance since it functions

Decentralized Finance, or DeFi, is an ecosystem of applications designed on blockchain networks in the banking and finance sector. It is also referred to as open finance since it functions in contrast to the traditional concept of centralized finance and does not involve intermediaries. Today, decentralized finance has become an extremely active sector in the blockchain space. Decentralized Finance Use Cases DeFi has gained popularity in recent times as it…