DF

 Decentralized finance, also known as DeFi, uses cryptocurrency and blockchain technology to manage financial transactions. DeFi aims to democratize finance by replacing legacy, centralized institutions with peer-to-peer relationships that can provide a full spectrum of financial services, from everyday banking, loans and mortgages, to complicated contractual relationships and asset trading. Centralized Finance Today Today, almost every aspect of banking, lending and trading is managed by centralized systems, operated by governing bodies and gatekeepers. Regular consumers need to deal with a raft of financial middlemen to get access to everything from auto loans and mortgages to trading stocks and bonds. In India, the regulatory body, the Reserve Bank of India (RBI) set the rules for the world of centralized financial institutions and brokerages.  As a result, there are few paths for consumers to access capital and financial services directly. They cannot bypass middlemen like banks, e