addition to security, blockchain technology also enables faster and more efficient financial transactions. Traditional financial transactions can be slow and cumbersome due to the involvement of multi...
of computers, known as blockchain. This decentralization eliminates the need for intermediaries such as banks or brokers, reducing transaction costs and increasing transparency and security. Furtherm...
the need for intermediaries and reduces the risk of fraud or manipulation. By utilizing smart contracts, DeFi platforms can ensure that transactions are secure and transparent. Another important secu...
assets directly with one another. These exchanges offer a more secure and transparent way to trade, with no central authority controlling the exchange of assets. In addition to these core services, t...
automated market makers, and decentralized exchanges. 5. Regulatory challenges: The decentralized nature of DeFi technology challenges traditional regulatory frameworks, as it operates outside of the...
Created on: 2025-05-15 00:05:50