RE: DeFi Dapp Development Ideas for Fintech Companies

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DeFi Dapp Development Ideas for Fintech Companies

in defi •  3 years ago 

So the answer to what is decentralized finance or DeFi is that it is a brand new monetary system which is built on public blockchains. The components of open finance consist of protocols, digital assets, dApps (decentralized applications) and smart contracts, which are built on Blockchain.

Source: https://appinventiv.com/blog/decentralized-finance-defi-guide/

defi
3 years ago by

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