WTF is DeFi? šŸ¤”ā€‚by@raise
688 reads

WTF is DeFi? šŸ¤”

tldt arrow
Read on Terminal ReaderPrint this storyRead this story w/o Javascript

Too Long; Didn't Read

Decentralized finance aims to create a financial system that is open to everyone and lowers the trust and reliance that we currently have on central organizations. Smart contracts are able to easily connect lenders and borrowers and allows a succinct way of lending without the interaction of a bank. It’s also completely open - a fully transparent way to either lend or borrow money without any complications or hindrances. The opportunities that arise for lenders with Raise is that they have the chance to offer opportunities to the underbanked in developing countries.

Coin Mentioned

Mention Thumbnail
featured image - WTF is DeFi? šŸ¤”
Rob Spitz HackerNoon profile picture

@raise

Rob Spitz

react to story with heart
Rob Spitz HackerNoon profile picture
by Rob Spitz @raise.Blockchain content writer. Working at Raise - The only marketplace that makes your money grow
Read our blog!

RELATED STORIES

L O A D I N G
. . . comments & more!
Hackernoon hq - po box 2206, edwards, colorado 81632, usa