Decentralised Finance And The Future Of Finance and Techology

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Decentralised finance is an open alternative to all the kinds of financial tools people have available nowadays. This includes loans, trading, insurance, saving

s and more. These tools are available to anyone around the globe with just a smartphone and an internet connection.

A smart contract can be used to carry out most of the if/then type of computations. Other technologies apart from blockchain are used in DeFi environments such as computational languages, software, and the infrastructure of the internet.DeFi is a viable and disruptive alternative to traditional financial transaction systems. They offer great transparency with much lower costs when it comes to transactions.

 

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