Redefining Finance with DeFi

In the crypto space, 2020 has turned out to be the year of Decentralized Finance, also known as DeFi. Contrary to what many have been proclaiming, decentralized finance development hasn’t come across as something that will overthrow the incumbent system. Rather, DeFi is complementing traditional finance, a welcome situation for enterprises as well as users.


The technology has made the financial system more democratic, making operations even more flexible for enterprises and opening up more revenue sources for them. At the same time, the introduction of DeFi has resulted in enhanced efficiencies and immense cost-savings for users.

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