DeFi
Earn interest, borrow, lend, buy insurance, trade derivatives, trade assets, and more
all on the blockchain.
Banking is necessary - Banks are not.
With DeFi you have the ability to carry out many of the tasks of a traditional banking system without the bank.
Backed by blockchain technology DeFi is a global platform operated on a peer to peer basis and doesn’t require lengthy waits for paper work or have financial overheads experienced by the traditional banking system.
Interoperability
Unlike tradition finance where an intermediary is needed, DeFi relies on blockchain technology which is peer to peer.
Permissionless
Traditional transactions require a set of permissions to be fulfilled. In DeFi the blockchain is used to complete a secure transaction without any restrictions.
Immutability
DeFi transaction data is kept on the blockchain and meaning that the information can not be changed or adapted.
Self-Custody
DeFi gives an individual the ability to hold their own assets, meaning you have control and ultimate access to the storage.