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| Definition | : | Decentralized Finance |
| Category | : | Computing » Cryptocurrency |
| Country/ Region |
: | Worldwide
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| Popularity | : |
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Decentralized Finance (DeFi) is a collective term for a blockchain-based form of financial system that operates without the need for traditional or centralized intermediaries in financial services, instead utilizes smart contracts on blockchains.
The full form of DeFi is Decentralized Finance