How Would DeFi Reshape Finance?
one of the main effects that decentralized finance in 2020 would have on finance, is the fact that an intermediary would no longer be necessary. Lines of code are literally replacing the roles of banks and other institutes with the help of smart contracts. The elimination of the middleman will lower costs for the consumers.
This would allow more and more people to become part of the financial system since it will be more affordable to people. Check disclaimer on my profile.