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The Rise of Decentralized Finance (DeFi): Transforming the Future of Financial Services
Introduction In recent years, the financial industry has undergone a seismic shift driven by technological innovation and a desire for more democratized access to financial services. Among the most revolutionary developments is Decentralized Finance, commonly known as DeFi. DeFi leverages blockchain technology and smart contracts to recreate traditional financial systems such as lending, borrowing, trading,…