What does decentralize finance mean? Decentralized Financial Industry (DEFI) is to use cutting -edge technology to remove third -party and centralized organizations from financial investment transactions. Defi components include stablecoin, hardware, and software, and they apply the development of application software. coinfrank.com cointoview.com DEFI's infrastructure construction and control have developed rapidly. Let ’s take a look at the work principle of decentralized finance, as well as any advantages and risks.

 

Today's centralized financial industry

Today, almost all levels of financial institutions, borrowings and payment are managed by the intermediate management information system, and the actual operation of the supervisory agency and the gatekeeper. The general public needs to get along with many financial industry agents in order to obtain everything from vehicle loans and mortgage borrowings to buying and selling bonds and stocks.