For centuries, banks and financial institutions have controlled the flow of money globally...
But suddenly, a new decentralized entity emerged, without branches, without managers, and without traditional licensing:
Decentralized Finance – DeFi
So is DeFi just a temporary phenomenon?
Or is it really a serious competitor threatening the throne of traditional finance (TradFi)?
The basic comparison:
Element Traditional Finance (TradFi) Decentralized Finance (DeFi)