The DF digital currency, also known as 'Digital Finance' or 'DeFi', refers to cryptocurrencies that use blockchain technology to facilitate financial transactions in a decentralized manner. These currencies are used in a variety of financial applications such as lending, borrowing, trading, and insurance, without the need for traditional intermediaries like banks.
DF digital currencies are characterized by transparency, as all transactions are recorded on the blockchain, making them auditable and verifiable. They also provide greater access for people who do not have traditional bank accounts.