Today, broader access to the financial markets through decentralized finance marks the beginning of the open world. DeFi has been highly positive from the standpoint of wealth accumulation and cheaper financing, giving new meaning to the concept of “finance for everyone.” By removing intermediaries via the use of blockchain technology, DeFi widens the scope of financial transactions while significantly lowering their costs. It is evident that DeFi is the future of finance and other industries. The only question remaining is: How fast will we get there?
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Source: Cryptocurrency - investing.com
