DeFi and Open Finance

[EAA-ALLAH]

Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.

[Msweet]

Open banking refers to a banking system where third-party financial service providers are given secure access to financial data through APIs. ... DeFi, however, proposes an entirely new financial system that is independent of the current infrastructure.

[hair]

DeFi is today's financial solution without the need for a 3rd party. DeFi will be a safe investment and decentralized finance.

[EAA-ALLAH]

DeFi is today's financial solution without the need for a 3rd party. DeFi will be a safe investment and decentralized finance.

Yes DeFi is a decentralized finance open financial system which has no permission to participate or any kyc procedure. Anyone can participate anywhere in the world.

[hair]

Yes DeFi is a decentralized finance open financial system which has no permission to participate or any kyc procedure. Anyone can participate anywhere in the world.

Yeah. DeFi is very useful nowdays, is one of the blockchain inventions that is very special and beneficial to the crypto industry

[Coin63@]

Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.

Yes sir, DeFi is a intermediateless transfer system of money into one party to another parties without kyc verification, no presences of credit card and others cryptocurrencies support card. Actually it's boarderless transaction system within any regional area in the world.

[Altcoin1998$]

DeFi a systematic decentralized finance which bonding combination cryptocurrencies and finance. Oepn finance which finance will apply on DeFi platforms without permission or kyc, credit card.

[EAA-ALLAH]

DeFi a systematic decentralized finance which bonding combination cryptocurrencies and finance. Oepn finance which finance will apply on DeFi platforms without permission or kyc, credit card.

Now defi not only Ethereum based projects but also defi tron based projects also. Some DeFI projects are arranging now on others platforms.

[hair]

Now defi not only Ethereum based projects but also defi tron based projects also. Some DeFI projects are arranging now on others platforms.

Interesting about Tron-based DeFi Project is not that familiar at the moment but I think there will be many platforms that will try to enter the DeFi world

[wawan96]

Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.

Defi is indeed very transparent, but there are many problems that cause the Defi project, the price is destroyed, now hackers have stolen money stored in their wallets, hackers easily break into making the price of the Defi coin very rekt for investors who invest and everything has happened Defi is also starting to fade at this time.

[vaysar]

Anyone can create and use a DeFi app. There are no controllers and accounts, which require filling out complex forms to work with. Through wallets, users interact directly with smart contracts.

[Triedboy]

DeFi's projects are currently being scammed. As a result, I have seen many investors move away from this project.  In fact, if scamming continues like this, then this project is likely to cause a lot of damage. Want to know your opinion about this project in the future?

[Chita76]

Decentralized Finance (DeFi) is the movement that leverages decentralized networks to transform old financial products into trustless and transparent protocols that run without intermediaries.

You have made a very good post about Dafi. It is very easy for us to read your posts and we can understand it well. I support your post and I agree. Thank you very much for giving such a post.

[kulkhan]

Decentralized Finance DeFi is Fantastic Financial systen. Now DeFi is more popular. DeFi Network is very First. It Is very flexible because without third party it possible to transaction.

[Nostoman]

DeFi is the easiest medium of financial services. Makes transactions from any country much easier. Financial services do not require a centralized medium. Able to deliver services from any region.

All transactions take place around the Ethereum platform. I think DeFi does not require transaction centralization. Decentralization is much more prevalent, like covering the whole world in one sheet.