DeFi: Its Use Cases, Pros and Cons, and Why It Is a Better Option Than CeFi

Written by dshishov | Published 2022/11/17
Tech Story Tags: defi | cefi | defi-vs-cefi | defi-vs-cefi-similarities | defi-vs-cefi-differences | crypto | cryptocurrency | finance

TLDRDeFi is an umbrella term used to describe financial services provided on public blockchains. Many people believe that DeFi is the future of the financial world while others are still skeptical about the new technology. What are the pros and cons of DeFi compared to CeFi and when it can become mainstream? Read in the article. via the TL;DR App

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Written by dshishov | Crypto Lover, Bidsbee CEO & Founder
Published by HackerNoon on 2022/11/17