Decentralised Finance (DeFi)
17
Aug
Decentralised Finance (DeFi) Subject: Economy Section: Monetary Policy Context :With the massive rise in cryptocurrency investments, individuals and institutions are now beginning to explore decentralized finance (DeFi). Concept : Decentralized finance, or DeFi, loosely describes an alternative finance ecosystem where consumers transfer, trade, borrow and lend cryptocurrency, theoretically independently of traditional financial institutions […]