Decentralized Finance (DeFi)
Definition of what Decentralized Finance (DeFi) stands for (in finance):
A financial system built on blockchain technology that eliminates traditional financial intermediaries, enabling lending, trading, and other services through smart contracts.
More Term Definitions
- Real-Time Processing Definition
- Special Purpose Acquisition Company (SPAC) Definition
- Financial Information EXchange (FIX) Definition
- Degree Of Digitalization Definition
- Practical Byzantine Fault Tolerance (PBFT) Definition

