If we can email virtually anybody in the world, why can’t we send them money just as easily? Or offer them a loan? These questions are the foundation of Decentralized Finance’s (DeFi) beliefs, activities, and objectives. In short, DeFi refers to an ecosystem of financial applications that are built on top of a blockchain. Its common goal is to develop and operate in a decentralized way – without intermediaries such as banks, payment service providers or investment funds – all types of financial services on top of a transparent and trustless blockchain network.
