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Blockchain powering Defi (Decentralised Finance) is the biggest thing in the history of finance.
News
Open finance innovations have created a revolutionary impact on the finance sector. To sustain in the volatile market
and to manage the requisite funds, banks and financial institutions are the only options but now due to the
decentralised financial system, the lending scope has enhanced. It has changed the face of traditional financial
methods. The monopoly of lending institutions has now declined as decentralised finance offers to lend with more
security and transparency. Blockchain technology has built trust between humans and the tech seamlessly. It promotes
new financial systems like decentralised banking, decentralised money markets and decentralised asset management
funds.
Author Name : Kiran Sagar
