Decentralized finance, blockchain, cryptocurrency, smart contracts, peer-to-peer lending, financial inclusion, financial autonomy
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The Potential Applications and Implications of Decentralized Finance
Abstract: Decentralized finance (DeFi) has the potential to revolutionize the financial industry by leveraging blockchain technology to create a decentralized, open financial system. The Web3 ecosystem, with its decentralized and open architecture, is the perfect platform for DeFi to thrive. The potential to reduce the cost and increase the efficiency of financial transactions, and the possibility of creating a more inclusive and equitable financial system. However, there are also concerns about …
Published in NOLEGEIN Journal of Information Technology & Management · Vol. 5, Issue 2, 2022 · pp. 22–28 Read article