DeFi and Open Finance

[H2O]

Defi projects are one kind of open finance because in participating in DeFi projects need no permissions from any third-party. It is open for everyone in everywhere in the world.

[Lorix]

DeFi is able to deliver financial services worldwide without KYC. This means that financial services can be delivered to any country in the world except KYC. Makes financial transactions much easier. This is the deep relationship between finance and cryptocurrency, which benefits the traders or investors.

[yemight62]

I will prefer defi to centralized finance.  This is because of its innovation and varieties of aspects.  Many projects have been moving to DEFI

[Vx1]

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

Defi provides many more benefits, but we still have to choose which DeFi platform can be trusted so that we don't lose our money.

[Cinno3]

Decentralized finance is a means of delivering financial services without any harassment, without any other intermediaries. DeFi assets are currently growing in a market that is at the top of decentralized finance popularity in the global currency market. But some other resources have begun to dominate.

[Galaxy]

DeFi is one of the most popular services worldwide. No intermediaries are required for DeFi transactions. Defi admired as an advanced platform. The future will be brighter.