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Analyst Opinions
Gradually, then Suddenly – Can DeFi become Viable Alternative to Traditional Finance?
DeFi is evolving to leverage blockchain’s properties like decentralization and transparency to provide financial services to any individual with an internet connection and a mobile device. They have proven to be a useful tool for crypto enthusiasts as they found new ways to earn income by lending their crypto assets on DeFi platforms. Beyond financial services, several industries including e-commerce, gaming, real estate, and sports have discovered various use cases of DeFi. Traditional finance is riddled with issues that arise...