What is Decentralized finance(DiFi)? Core Principles of DeFi – techconnection

What is Decentralized finance(DiFi)? Core Principles of DeFi?

Traditional financial systems are centralized, relying on intermediaries such as banks and financial institutions. This inherently opens doors to inefficiencies and high transaction fees, in addition to shutting out, for many around the world, access both inbound and outbound. Moreover, traditional systems could be prone to censorship, are not that transparent, and shut out people … Read more