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Showing posts from November, 2021

Decentralized finance (Defi) is making a place for itself

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Resilience, decentralization, printing money or inflation… These are all subjects that the Covid-19 pandemic has brought up to date. It's no wonder then that there is a new interest in the cryptocurrency world, which is feeding off criticism of the traditional financial system. But, this time, bitcoin is not the only one to benefit. It's a myriad of new names, new actors, emerging. Over the past decade, blockchains and cryptocurrencies have overcome one of the Internet’s major problems: exchanging value without a centralized trusted third party. With this breakthrough, entrepreneurs, engineers, and organizations are beginning to organize not only new services but also a new global financial infrastructure, free from information systems jealously guarded by historical intermediaries. This is the emergence of decentralized finance or Decentralized Finance (Defi). It differs from the traditional financial system by three main characteristics: it is natively digital, opens to all,