Decentralized Finance, also known as DeFi, has been gaining significant attention in the financial world in recent years. DeFi refers to a new form of finance that operates on a decentralized blockchain network without the need for traditional financial intermediaries such as banks. On the other hand, traditional financial products have been the backbone of the global financial system for centuries, relying on centralized institutions to facilitate transactions and manage investments. In this article, we will explore the differences between DeFi and traditional financial products, as well as the potential advantages and disadvantages of each. The Rise of Decentralized Finance Decentralized Finance has emerged as a disruptive force in the financial industry, offering new opportunities for individuals to access financial services without the need for traditional intermediaries. DeFi platforms are built on blockchain technology, which allows for transparent and secure transactions without the need for a central authority. This has opened up a range of new possibilities, including decentralized lending, […]