Saved by Marcel Mairhofer
✊The Defiant's Definitive Guide to DeFi
Put it simply, DeFi is a global and open alternative to every financial service you use today (savings, loans, trading, insurance, .. ) accessible to anyone in the world with a smartphone and internet connection.
Clement Parramon • An open-air financial laboratory
sari added
DeFi is an open-source and decentralized financial ecosystem built on top of the Ethereum blockchain. It appeared as an alternative to traditional centralized finance which historically (i) lack transparency (ii) is centralized, notably in terms of decision power (iii) has low interoperability (iv) ..
Clement Parramon • An open-air financial laboratory
sari added
What is DeFi all about? Modernizing, disintermediating (banks etc.), reducing layers of fees in the middle. Transparency. This is a big misconception. People think it's opaque and used for criminal activity. Everything in blockchains is open...
Chris Dixon • The Potential of Blockchain Technology
sari added
The DeFi movement is about bridging these gaps and making finance accessible to everyone without any form of censorship. In short, DeFi opens up huge windows of opportunities and allows users to access various financial instruments without any restriction on race, religion, age, nationality, or geography.
Sze Jin Teh • How to DeFi: Beginner
DeFi seeks to build a better financial landscape made possible by the advent of the internet and blockchain technology, particularly in three key segments of the banking system: Payment & clearance system (remittance) Accessibility Centralization & Transparency
Sze Jin Teh • How to DeFi: Beginner
Before we push on, let’s have a quick recap on some of the things DeFi allows us to achieve: Transparency: A transparent, auditable financial ecosystem. Accessibility: Free access to DeFi applications without fear of discrimination on race, gender, beliefs, nationality, or geographical status. Efficiency: Programmable money makes it possible to rem
... See moreSze Jin Teh • How to DeFi: Beginner
5. De-Fi is an emerging financial technology that uses distributed ledgers to remove middlemen from financial transactions. They are a combination of smart contracts and DAOs.
Vikram Aditya • DeFi, dApps and DAOs: The Key Differences
Pawan Rochwani added
DeFi represents a movement that seeks to push borderless, censorship-free, and accessible financial products for all. DeFi protocols do not discriminate and level the playing field for everyone.