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These seems distributed networks allow people to have control over their own assets and data and for value to be transferred from one person to another, without the need to use intermediaries like banks and other financial institutions. Users are the only ones who hold the keys to their wallets and control their funds.
And these seems ecosystem of financial applications that are based on blockchain technology. The goal of DeFi is to make financial transactions more secure, more accessible, and more open and internationally universal.Check Disclaimer on my Profile.