What the Heck is DeFi?
In the world of finance, there exists a buzzword that sounds more like an alien technology than a banking solution: Decentralized Finance, or DeFi for short. Imagine a world where you do not have to stand in line at your local bank, fill out endless paperwork, or deal with overly complicated jargon spewed by financial advisors. DeFi strives to make banking as simple and fun as sending an email! It utilizes blockchain technology to provide banking services that are open to anyone, anywhere, without the need for traditional intermediaries like banks or brokers.