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DeFi platforms are financial systems that operate without traditional intermediaries like banks. They use blockchain technology to enable peer-to-peer transactions, lending, and borrowing with autonomy and transparency.
Decentralized finance (DeFi) platforms are financial systems built on blockchain technology that operate without traditional intermediaries like banks. They allow users to access financial services such as lending, borrowing and trading directly without the need for a third party.
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Decentralized finance platforms are a new breed of financial services that operate without a central authority or middleman, utilizing blockchain technology to enable peer-to-peer transactions and smart contracts. They aim to provide more accessible and transparent financial services to individuals worldwide, allowing for greater control over their assets and investments.