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Prasanna Lohar • Following Follow 🤝🏻 Limit 30K+ | Head Innovation 💡 | Digital
Architect⚙| Banker | Speaker | Influencer | Team Builder | Mentor 🚀 5h • 5
hours ago
Decentralized Finance (DeFi) – A new Fintech Revolution?

The DeFi field is currently experiencing an incredible surge. More than two
billion US Dollars (USD) . In that sense, DeFi is not a specific thing, but more
a loosely defined collection of ideas and projects to reshape financial services
through blockchain technology, thereby removing the middlemen.

Building an entirely new financial system – the DeFi ecosystem and its
architecture - Obviously, we are still at the very beginning of the development
of DeFi, but it is impressive what has already been created in such a short
time. Ethereum was only developed in 2013 and went live in 2015. The long-term
vision of DeFi is to connect these »Lego bricks« in order to build a Lego house,
a fully-functioning and fully-automated trustless financial system.

Real advantages of DeFi lie in the intelligent combination of modularized
financial primitives...

Have a look at Decentralized Finance (DeFi) Stack: Product & Application View

Source -
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