
The Evolution of Finance Through DeFi Development and Decentralized Tech
Decentralized Finance (DeFi) is transforming the financial sector by leveraging blockchain technology to offer services traditionally handled by banks and financial institutions. Unlike conventional systems, DeFi operates without intermediaries, using smart contracts to automate and secure transactions. Key innovations in DeFi include Automated Market Makers (AMMs), which use liquidity pools instead of order books, and…