How blockchain may be revolutionary

even if you have never heard of it, DeFi (for decentralised finance) is very much part of the world we live in. In short, decentralised finance uses new technologies like blockchain that avoids traditional financial intermediaries like brokerages, exchanges or banks to provide financial services. What are the benefits? Consumers and small businesses lose up to 3% of a transaction’s value when using a credit card. Remittance fees are up to 7%. It takes days to settle a transaction. DeFi can remove all of these inefficiencies.

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